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 Q3/17 Q4/17 Q1/18 Q2/18 2020
Currency 99.22 99.32 98.31 97.31 96.31 85.27 [+]
GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Annual Growth Rate 1.40 0.4 0.4 1 1 2.1 percent [+]
GDP 9.90 10.06 10.51 9.86 9.74 11.19 USD Billion [+]
GDP per capita 38896.00 40000 40000 39519 39021 41500 USD [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 14.90 14.4 14.4 14.9 14.9 13.8 percent [+]
Employed Persons 92841.00 92815 92473 92554 92404 91837 [+]
Unemployed Persons 2035.00 2383 2372 2373 2373 2373 [+]
Population 0.28 0.27 0.28 0.28 0.28 0.29 Million [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 1.60 1.1 1.2 1.4 1.9 2.1 percent [+]
Food Inflation 1.20 1.4 1.49 1.5 1.48 1.49 percent [+]
Consumer Price Index Cpi 106.18 107 107 107 107 108 Index Points [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 0.25 0.25 0.25 0.25 0.25 0.25 percent [+]
Loans To Private Sector 476840.00 478220 478869 479077 479685 482077 CFP Franc Million [+]
Money Supply M1 340435.00 324499 344398 336870 331467 350950 CFP Franc Million [+]
Money Supply M2 462507.00 446659 469358 461128 456584 485828 CFP Franc Million [+]
Money Supply M3 667804.00 668531 678979 674425 675783 693430 CFP Franc Million [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -9842.00 -9666 -9768 -9783 -9781 -9779 XPF Million [+]
Exports 11730.00 11670 11673 11674 11669 11667 XPF Million [+]
Imports 21572.00 21357 21506 21534 21545 21551 XPF Million [+]
Current Account -118.50 -116 -114 -114 -115 -115 Billion XPF [+]
Tourist Arrivals 9053.00 8600 8600 8600 8600 8600 [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 87.00 89.63 86.45 85.71 86 87.92 [+]
CONSUMER Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Credit 459706.00 473496 478999 482930 487959 530251 CFP Franc Million [+]
HOUSING Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Home Ownership Rate 60.00 59.72 59.62 59.53 59.44 58.09 percent [+]
Construction Output 1.90 2.87 3.04 3.1 3.13 3.15 percent [+]