New Caledonia - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in New Caledonia was $2,549,627,000 as of 2017. Over the past 36 years, the value for this indicator has fluctuated between $4,312,935,000 in 2011 and $115,801,500 in 1984.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 $165,973,500
1982 $164,026,900
1983 $137,837,700
1984 $115,801,500
1985 $119,974,800
1986 $250,935,400
1990 $794,244,300
1998 $756,301,100
1999 $815,791,000
2000 $784,548,400
2001 $755,820,500
2002 $916,238,100
2003 $1,446,530,000
2004 $1,568,230,000
2005 $1,862,028,000
2006 $2,364,056,000
2007 $3,313,899,000
2008 $3,745,190,000
2009 $2,963,026,000
2010 $3,974,594,000
2011 $4,312,935,000
2012 $3,952,243,000
2013 $3,993,969,000
2014 $3,786,413,000
2015 $3,034,125,000
2016 $2,550,701,000
2017 $2,549,627,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in New Caledonia was 269,325,000,000 as of 2017. As the graph below shows, over the past 36 years this indicator reached a maximum value of 369,746,000,000 in 2011 and a minimum value of 16,400,000,000 in 1981.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 16,400,000,000
1982 19,600,000,000
1983 19,100,000,000
1984 18,400,000,000
1985 19,600,000,000
1986 31,600,000,000
1990 78,634,070,000
1998 81,123,740,000
1999 91,341,590,000
2000 101,364,000,000
2001 100,704,000,000
2002 115,630,000,000
2003 152,602,000,000
2004 150,446,000,000
2005 178,604,000,000
2006 224,679,000,000
2007 288,551,000,000
2008 303,871,000,000
2009 253,504,000,000
2010 357,765,000,000
2011 369,746,000,000
2012 367,086,000,000
2013 358,859,000,000
2014 340,112,000,000
2015 326,330,000,000
2016 274,983,000,000
2017 269,325,000,000

Gross capital formation (constant 2010 US$)

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2015 3,034,125,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in New Caledonia was 27.79 as of 2017. Its highest value over the past 36 years was 42.44 in 2010, while its lowest value was 14.04 in 1985.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 17.07
1982 18.13
1983 16.73
1984 14.55
1985 14.04
1986 20.89
1990 31.40
1998 21.27
1999 22.36
2000 22.94
2001 22.92
2002 24.50
2003 29.43
2004 26.60
2005 29.85
2006 33.87
2007 37.57
2008 41.30
2009 34.04
2010 42.44
2011 41.67
2012 40.92
2013 39.34
2014 35.60
2015 34.72
2016 29.24
2017 27.79

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts