New Caledonia | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for New Caledonia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the New Caledonia economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 108.99 112 114 117 116 134 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 1.40 0.4 0.4 0.4 4.26 2.1 percent [+]
GDP 9.90 10.51 10.06 10.51 9.86 11.19 USD Billion [+]
GDP per capita 38896.00 40000 40000 40000 39519 41500 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 14.60 14.4 14.4 14.4 14.68 13.8 percent [+]
Employed Persons 90560.00 90736 91217 90335 91211 90341 [+]
Unemployed Persons 2320.00 2373 2380 2378 2378 2378 [+]
Population 0.27 0.27 0.27 0.27 0.27 0.29 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 1.00 1 1.1 1.2 1.13 2.1 percent [+]
Food Inflation 1.10 1.63 1.48 1.5 1.51 1.51 percent [+]
Consumer Price Index Cpi 106.18 106 107 107 107 108 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 0.25 0.25 0.25 0.25 0.25 0.25 percent [+]
Loans To Private Sector 478486.00 489849 492124 494534 496482 512329 CFP Franc Million [+]
Money Supply M1 315828.00 329955 341201 352716 346636 370355 CFP Franc Million [+]
Money Supply M2 434506.00 452243 464499 478729 472100 510224 CFP Franc Million [+]
Money Supply M3 642516.00 641751 641162 646191 641257 641757 CFP Franc Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -10978.00 -10395 -10465 -10461 -10456 -10455 XPF Million [+]
Exports 16577.00 15055 15037 15040 15042 15042 XPF Million [+]
Imports 27555.00 23849 23759 23716 23696 23681 XPF Million [+]
Current Account -118.50 -118 -116 -114 -114 -115 Billion XPF [+]
Tourist Arrivals 13338.00 9340 9488 9512 9472 9460 [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Business Confidence 88.60 90.34 89.63 86.45 85.71 87.92 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Credit 448079.00 472553 478234 484975 489522 545790 CFP Franc Million [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Home Ownership Rate 60.00 59.82 59.72 59.62 59.53 58.09 percent [+]
Construction Output 0.90 1.12 1.17 1.2 1.21 1.22 percent [+]