New Caledonia - Economic Forecasts - 2018-2020 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 101.60
102 103 104 104 107
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 0.60
percent
2 2 3.2 3.2 2.1
GDP 9.90
USD Billion
10 10 10 10 10
GDP per capita 38896.00
USD
40500 40500 41000 41000 41500
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 11.60
percent
15 15 14.5 14.5 14
Employed Persons 90429.70
91371 90353 91407 90428 90427
Unemployed Persons 2482.00
2371 2359 2362 2361 2361
Population 0.28
Million
0.28 0.28 0.28 0.28 0.29
Youth Unemployment Rate 36.00
percent
35.66 35.45 35.37 35.28 34.78
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 0.90
percent
1.2 1.6 1.1 1.1 2.1
Food Inflation 1.00
percent
0.97 0.81 0.76 0.83 0.81
Consumer Price Index Cpi 109.01
Index Points
109 110 110 109 115
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 0.25
percent
0.25 0.25 0.5 0.5 0.5
Money Supply M1 367046.00
CFP Franc Million
384418 389414 394962 398796 429059
Money Supply M2 490014.00
CFP Franc Million
512830 518843 527535 533338 586725
Money Supply M3 682493.00
CFP Franc Million
687701 689874 690002 692078 699697
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -7869.00
XPF Million
-7353 -7453 -7474 -7460 -7447
Exports 18690.00
XPF Million
16657 16309 16256 16253 16255
Imports 26558.00
XPF Million
24010 23766 23730 23713 23702
Current Account -78.60
Billion XPF
-113 -126 -118 -111 -122
Tourist Arrivals 8851.00
9900 9700 9600 9600 9600
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 5316.11
KBps
5478 5483 5473 5486 5496
IP Addresses 58939.00
IP
59824 59949 59991 60010 60141
Business Confidence 92.90
Index Points
92.66 92.08 91.73 91.91 92.44
HOUSING Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Home Ownership Rate 60.00
percent
59.8 59.71 59.67 59.63 60.39
Construction Output 0.50
percent
0.22 0.09 0.05 0.03 0.02
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 20.44
celsius
20.18 22.95 25.45 23 23.25