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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 101.89
98.49 100 102 104 112
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 1.40
percent
2 2 2 3.2 2.1
GDP 9.90
USD Billion
9.95 9.82 10.54 10.73 11.19
GDP per capita 38896.00
USD
39678 40500 40500 41000 41500
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 14.90
percent
14.9 14.85 14.5 14.87 13.8
Employed Persons 92639.15
92787 92787 92787 92787 92787
Unemployed Persons 2126.00
2151 2156 2154 2155 2155
Population 0.28
Million
0.27 0.28 0.28 0.28 0.29
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 1.30
percent
1.9 1.5 1.6 1.6 2.1
Food Inflation 1.40
percent
1.12 1.35 1.53 1.64 2
Consumer Price Index Cpi 108.74
Index Points
110 109 110 110 115
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 0.25
percent
0.25 0.25 0.5 0.25 0.5
Loans To Private Sector 476840.00
CFP Franc Million
479685 479864 480259 480497 482658
Money Supply M1 340435.00
CFP Franc Million
331467 330966 347301 341096 352053
Money Supply M2 462507.00
CFP Franc Million
456584 456577 475486 468958 490163
Money Supply M3 667804.00
CFP Franc Million
672551 671944 671276 670549 661985
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -3689.00
XPF Million
-5793 -6195 -6360 -6369 -6376
Exports 15307.00
XPF Million
15652 15561 15553 15560 15563
Imports 18996.00
XPF Million
21444 21756 21897 21929 21939
Current Account -118.50
Billion XPF
-85.13 -74.03 -62.93 -60.63 -39.34
Tourist Arrivals 13899.00
11800 11700 11700 11700 11700
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 5316.11
KBps
5200 5145 5099 5049 4573
IP Addresses 58939.00
IP
59736 59824 59949 59991 60141
Business Confidence 92.90
Index Points
87 87 87 87 87
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Credit 459706.00
CFP Franc Million
484469 487199 489573 491595 494799
HOUSING Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Home Ownership Rate 60.00
percent
59.88 59.8 59.71 59.67 60.39
Construction Output 1.00
percent
1.05 1.08 1.08 1.09 1.09
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 20.44
celsius
22.44 20.18 22.95 25.45 23.25