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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 101.00 101 99.73 98.72 97.7 86.5 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate 1.40 0.4 1 1 4.75 2.1 percent [+]
GDP 9.90 10.51 9.86 9.74 9.62 11.19 USD Billion [+]
GDP per capita 38896.00 40000 39519 39021 38522 41500 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 14.90 14.4 15.4 14.9 15.6 13.8 percent [+]
Employed Persons 93084.00 93332 93352 93227 93195 92657 [+]
Unemployed Persons 2035.00 2087 2082 2060 2043 1926 [+]
Population 0.28 0.28 0.28 0.28 0.28 0.29 Million [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 1.20 1.2 1.4 1.9 1.6 2.1 percent [+]
Food Inflation 1.20 1.31 1.43 1.59 1.71 2.05 percent [+]
Consumer Price Index Cpi 106.18 106 106 106 106 105 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 0.25 0.25 0.25 0.25 0.5 0.25 percent [+]
Loans To Private Sector 476840.00 472572 470789 468768 466544 441629 CFP Franc Million [+]
Money Supply M1 340435.00 329698 329252 330538 327631 327514 CFP Franc Million [+]
Money Supply M2 462507.00 453361 451933 453676 452108 450576 CFP Franc Million [+]
Money Supply M3 667804.00 673074 672967 672551 671944 665106 CFP Franc Million [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -10174.00 -9605 -9479 -9341 -9217 -8572 XPF Million [+]
Exports 11833.00 11124 10890 10656 10439 9189 XPF Million [+]
Imports 22007.00 21203 21053 20889 20729 19523 XPF Million [+]
Current Account -118.50 -62.93 -60.63 -58.32 -56.01 -32.56 Billion XPF [+]
Tourist Arrivals 8191.00 8700 8600 8600 8600 8600 [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Internet Speed 5316.11 5278 5249 5200 5145 4734 KBps [+]
Business Confidence 87.00 87.65 88.85 89.38 90.22 91.59 [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Credit 459706.00 477825 481342 484469 487199 497167 CFP Franc Million [+]
HOUSING Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Home Ownership Rate 60.00 59.57 59.46 59.34 59.23 57.27 percent [+]
Construction Output 1.20 0.95 1.14 1.48 1.79 2.2 percent [+]