Current account balance (credit less debit), Net (credits less debits) in New Caledonia
New Caledonia: Current account balance (credit less debit), Net (credits less debits) was -654.24 million in 2016. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in New Caledonia, 2005–2016
Source: International Monetary Fund.
Analysis
In 2016, current account balance (credit less debit), net (credits less debits) in New Caledonia stood at -654.24 million.
That represents a change of up 41.6% on the previous year and down 58.1% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in New Caledonia peaked at -112.45 million in 2005 and was at its lowest, -1.93 billion, in 2012.
That places New Caledonia 119th out of 198 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in New Caledonia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -112.45 million | — |
| 2006 | -413.80 million | +268.0% |
| 2007 | -293.99 million | -29.0% |
| 2008 | -1.42 billion | +382.6% |
| 2009 | -823.63 million | -41.9% |
| 2010 | -1.36 billion | +65.1% |
| 2011 | -1.39 billion | +2.3% |
| 2012 | -1.93 billion | +39.0% |
| 2013 | -1.80 billion | -6.7% |
| 2014 | -1.30 billion | -27.9% |
| 2015 | -1.12 billion | -13.9% |
| 2016 | -654.24 million | -41.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -612.52 million | -1.42 billion | -112.45 million | 5 |
| 2010s | -1.37 billion | -1.93 billion | -654.24 million | 7 |
Countries ranked near New Caledonia
More financial sector data for New Caledonia
- Net migration, annual growth rate -3.3 % change on previous year (2025)
- Net migration 440 (2025)
- Official exchange rate 105.86 LCU per US$, period average (2025)
- GDP deflator: linked series 111.78 base year varies by country (2024)
- Inflation, GDP deflator: linked series 1.1% (2024)
- GDP deflator: linked series (base year varies by country), annual 1.13 % change on previous year (2024)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Consumer price index 106.96 2010 = 100 (2016)
- Remittance inflows to GDP 6.6% (2020)
- Reserve assets, Assets, Adjusted using IMF accounting records 0 (2016)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in New Caledonia?
- Current account balance (credit less debit), net (credits less debits) in New Caledonia was -654.24 million in 2016, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in New Caledonia?
- The highest recorded value was -112.45 million in 2005.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in New Caledonia?
- The lowest recorded value was -1.93 billion in 2012.
- How does New Caledonia rank for current account balance (credit less debit), net (credits less debits)?
- New Caledonia ranks 119th out of 198 countries with data for 2016.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in New Caledonia?
- Over the last ten years it is down 58.1%. The long-run trend across the full record is volatile.
- Where does this New Caledonia data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.