| Economy | New Caledonia |
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Economy - overview:
|
New Caledonia has about 25% of the world's known nickel resources. Only a small amount of the land is suitable for cultivation, and food accounts for about 20% of imports. In addition to nickel, substantial financial support from France - equal to more than 15% of GDP - and tourism are keys to the health of the economy. Substantial new investment in the nickel industry, combined with the recovery of global nickel prices, brightens the economic outlook for the next several years. |
GDP (purchasing power parity):
|
$3.158 billion (2003 est.) |
GDP - per capita (PPP):
|
$15,000 (2003 est.) |
GDP (official exchange rate):
|
$3.3 billion (2003 est.) |
GDP - real growth rate:
|
NA% |
GDP - composition by sector:
|
agriculture: 2%
industry: 27.1%
services: 70.8% (2011 est.) |
Investment (gross fixed):
|
27.9% of GDP (2011 est.) |
Population below poverty line:
|
NA% |
Household income or consumption by percentage share:
|
lowest 10%: NA%
highest 10%: NA% |
Distribution of family income - Gini index:
|
void |
Inflation rate (consumer prices):
|
2.6% (2011 est.)
2.7% (2010 est.) |
Central bank discount rate:
|
void |
Commercial bank prime lending rate:
|
void |
Stock of money:
|
void |
Stock of money - per capita:
|
void |
Stock of quasi money:
|
void |
Stock of quasi money - per capita:
|
void |
Stock of domestic credit:
|
void |
Stock of domestic credit - per capita:
|
void |
Stock of narrow money:
|
void |
Stock of broad money:
|
void |
Labor force:
|
102,600 (2007) |
Labor force participation rate:
|
40.04 % of population |
Labor force - by occupation:
|
agriculture: 20%
industry: 20%
services: 60% (2002) |
Unemployment rate:
|
17.1% (2004) |
Unemployment, youth ages 15-24:
|
void |
Budget:
|
revenues: $996 million
expenditures: $1.072 billion (2001 est.) |
Budget revenues per capita:
|
3,887 USD per capita |
Taxes and other revenues:
|
30.2% of GDP (2001 est.) |
Budget surplus (+) or deficit (-):
|
-2.3% of GDP (2001 est.) |
Public debt:
|
void |
Industries:
|
nickel mining and smelting |
Industrial production growth rate:
|
void |
Electricity - production:
|
1.8 billion kWh (2008 est.) |
Electricity - production per capita:
|
7,024 kWh per capita |
Electricity - consumption:
|
1.674 billion kWh (2008 est.) |
Electricity - consumption - per capita:
|
6,533 kWh per capita |
Electricity - exports:
|
0 kWh (2009 est.) |
Electricity - imports:
|
0 kWh (2009 est.) |
Oil - production:
|
0 bbl/day (2010 est.) |
Oil - production per capita:
|
void |
Oil - consumption:
|
14,000 bbl/day (2010 est.) |
Oil - consumption - per capita:
|
19.94 bbl/year per capita |
Oil - exports:
|
648.3 bbl/day (2009 est.) |
Oil - imports:
|
14,330 bbl/day (2009 est.) |
Oil - proved reserves:
|
0 bbl (1 January 2011 est.) |
Natural gas - production:
|
0 cu m (2009 est.) |
Natural gas - production per capita:
|
void |
Natural gas - consumption:
|
0 cu m (2009 est.) |
Natural gas - consumption - per capita:
|
void |
Natural gas - exports:
|
0 cu m (2009 est.) |
Natural gas - imports:
|
0 cu m (2009 est.) |
Natural gas - proved reserves:
|
0 cu m (1 January 2011 est.) |
Agriculture - products:
|
vegetables; beef, deer, other livestock products; fish |
Current account balance:
|
void |
Current account balance - per capita:
|
void |
Exports:
|
$969.4 million (2009 est.)
$969.4 million (2009 est.) |
Exports per capita:
|
3,783 USD per capita |
Exports - commodities:
|
ferronickels, nickel ore, fish |
Exports - partners:
|
Japan 19.8%, France 16.7%, South Korea 10.5%, Australia 8.1%, Spain 6.7%, US 4.9% (2010) |
Imports:
|
$2.58 billion (2009 est.)
$2.58 billion (2009 est.) |
Imports per capita:
|
10,068 USD per capita |
Imports - commodities:
|
machinery and equipment, fuels, chemicals, foodstuffs |
Imports - partners:
|
France 31.8%, China 14.1%, Singapore 13.8%, Australia 11.4%, NZ 4.3% (2010) |
Reserves of foreign exchange and gold:
|
void |
Reserves of foreign exchange and gold - per capita:
|
void |
Debt - external:
|
$79 million (1998 est.) |
Debt - external - per capita:
|
309 USD per capita |
Stock of direct foreign investment - at home:
|
void |
Stock of direct foreign investment - at home - per capita:
|
void |
Stock of direct foreign investment - abroad:
|
void |
Stock of direct foreign investment - abroad - per capita:
|
void |
Market value of publicly traded shares:
|
$NA |
Market value of publicly traded shares - per capita:
|
void |
Currency (code):
|
Comptoirs Francais du Pacifique franc (XPF) |
Exchange rates:
|
Comptoirs Francais du Pacifique francs (XPF) per US dollar -
90.01 (2011 est.)
90.01 (2010 est.) |
Fiscal year:
|
calendar year |
|
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