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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 104.09
103 104 105 105 108
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 0.60
percent
2 3.2 3.2 1.5 2.1
GDP 9.90
USD Billion
10 10 10 10 10
GDP per capita 38896.00
USD
40500 41000 41000 39209 41500
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 11.60
percent
15 14.5 14.5 14.5 14
Employed Persons 90429.70
90353 91407 90428 91231 90427
Unemployed Persons 2308.00
2329 2332 2331 2332 2332
Population 0.28
Million
0.28 0.28 0.28 0.28 0.29
Youth Unemployment Rate 36.00
percent
35.45 35.37 35.28 35.2 34.78
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 1.10
percent
1.6 1 0.9 0.9 2.1
Inflation Rate Mom -0.40
percent
0.07 0.04 0.06 0.06 0.06
Food Inflation -0.70
percent
-0.15 -0.2 -0.22 -0.21 -0.22
Consumer Price Index Cpi 108.85
Index Points
110 110 109 110 115
Cpi Housing Utilities 114.49
Index Points
115 115 116 116 116
Cpi Transportation 105.26
Index Points
105 105 105 105 105
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 0.25
percent
0.25 0.5 0.5 0.5 0.5
Money Supply M1 367046.00
CFP Franc Million
389414 394962 398796 402642 429059
Money Supply M2 490014.00
CFP Franc Million
518843 527535 533338 539033 586725
Money Supply M3 682493.00
CFP Franc Million
689874 690002 692078 693314 699697
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -10981.00
XPF Million
-8349 -8218 -8190 -8193 -8196
Exports 11560.00
XPF Million
14132 14382 14409 14409 14407
Imports 22541.00
XPF Million
22634 22600 22599 22602 22604
Current Account -78.60
Billion XPF
-126 -118 -111 -103 -122
Tourist Arrivals 7100.00
9700 9500 9500 9500 9500
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 5316.11
KBps
5483 5473 5486 5492 5496
IP Addresses 58939.00
IP
59949 59991 60010 60044 60141
Business Confidence 92.20
Index Points
91.06 91.35 90.13 91.62 90.77
HOUSING Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Home Ownership Rate 60.00
percent
59.71 59.67 59.63 59.6 60.39
Construction Output 1.00
percent
1.2 1.2 0.9 0.8 1.3
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Temperature 20.44
celsius
22.95 25.45 23 22.87 23.25



New Caledonia - Economic Forecasts - 2018-2020 Outlook