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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 101.80
104 106 108 110 119
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 0.60
percent
2 2 3.2 3.2 2.1
GDP 9.90
USD Billion
10 10 10 10 10
GDP per capita 38896.00
USD
40500 40500 41000 41000 41500
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 14.80
percent
15 15 14.5 14.5 14
Employed Persons 90429.70
91371 90353 91407 90428 90427
Unemployed Persons 2482.00
2371 2359 2362 2361 2361
Population 0.28
Million
0.28 0.28 0.28 0.28 0.29
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 1.00
percent
1 1.6 1 1 2.1
Food Inflation 0.50
percent
1.12 1.02 0.99 1.02 1.01
Consumer Price Index Cpi 109.04
Index Points
109 110 110 110 115
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 0.25
percent
0.25 0.5 0.25 0.25 0.5
Loans To Private Sector 476840.00
CFP Franc Million
479864 480259 480497 480826 482658
Money Supply M1 340435.00
CFP Franc Million
330966 347301 341096 336713 352053
Money Supply M2 462507.00
CFP Franc Million
456577 475486 468958 465414 490163
Money Supply M3 667804.00
CFP Franc Million
680167 685980 682377 684499 695405
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -7869.00
XPF Million
-7353 -7453 -7474 -7460 -7447
Exports 18690.00
XPF Million
16657 16309 16256 16253 16255
Imports 26558.00
XPF Million
24010 23766 23730 23713 23702
Current Account -118.50
Billion XPF
-74.03 -62.93 -60.63 -58.32 -39.34
Tourist Arrivals 7696.00
9800 9600 9600 9600 9600
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 5316.11
KBps
5478 5483 5473 5486 5496
IP Addresses 58939.00
IP
59824 59949 59991 60010 60141
Business Confidence 92.90
Index Points
92.66 92.08 91.73 91.91 92.44
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Credit 459706.00
CFP Franc Million
492384 497217 501233 505777 545132
HOUSING Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Home Ownership Rate 60.00
percent
59.8 59.71 59.67 59.63 60.39
Construction Output 0.50
percent
0.22 0.09 0.05 0.03 0.02
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 20.44
celsius
20.18 22.95 25.45 23 23.25