Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — New Caledonia

Gross capital formation (% of GDP) in New Caledonia in 2024 — 22.1%. Ranked 92 in the world out of 169. Since 1981, the indicator has risen by 5.1 pp.

2024 22.1% −3.4 pp vs 2023
World rank 92of 169
Period maximum 42.4%2010
Period minimum 14%1985

Trend over time

1981–2024 · % of GDP

Gross capital formation (% of GDP) — New Caledonia, 1981–2024020406019811986199119962001200620112016202120241981: 17.1%1982: 18.1%1983: 16.7%1984: 14.5%1985: 14%1986: 20.9%1990: 31.4%1998: 21.3%1999: 22.4%2000: 22.9%2001: 22.9%2002: 24.5%2003: 29.4%2004: 26.6%2005: 29.8%2006: 33.9%2007: 37.6%2008: 41.3%2009: 34%2010: 42.4%2011: 41.7%2012: 40.9%2013: 39.3%2014: 35.6%2015: 34.7%2016: 29.2%2017: 27.8%2018: 27.6%2019: 29.5%2020: 27.3%2021: 26.2%2022: 26.2%2023: 25.6%2024: 22.1%
Change over the period: +5.1 pp Annual average: 0.12 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: New Caledonia

New Caledonia 22.1%
World 26.3%
Melanesia computed 21.7%
High-income countries computed 22.6%
Gross capital formation (% of GDP) — New Caledonia, by year New Caledonia All countries CSV XLSX
Year % Change, pp
2024 22.1 −3.4 pp
2023 25.6 −0.6 pp
2022 26.2 −0 pp
2021 26.2 −1.1 pp
2020 27.3 −2.1 pp
2019 29.5 +1.9 pp
2018 27.6 −0.2 pp
2017 27.8 −1.4 pp
2016 29.2 −5.5 pp
2015 34.7 −0.9 pp
2014 35.6 −3.7 pp
2013 39.3 −1.6 pp
2012 40.9 −0.7 pp
2011 41.7 −0.8 pp
2010 42.4 +8.4 pp
2009 34 −7.3 pp
2008 41.3 +3.7 pp
2007 37.6 +3.7 pp
2006 33.9 +4 pp
2005 29.8 +3.2 pp
2004 26.6 −2.8 pp
2003 29.4 +4.9 pp
2002 24.5 +1.6 pp
2001 22.9 −0 pp
2000 22.9 +0.6 pp
1999 22.4 +1.1 pp
1998 21.3
1990 31.4
1986 20.9 +6.9 pp
1985 14 −0.5 pp
1984 14.5 −2.2 pp
1983 16.7 −1.4 pp
1982 18.1 +1.1 pp
1981 17.1

Melanesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.