Markets Actual Q4 Q1 Q2 Q3 2021
Currency 101.37 102 102 103 103 104

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 1.00 -5 3 3 3 3
Unemployment Rate (%) 11.90 15.9 14.3 14.3 14.3 14.3
Inflation Rate (%) -0.70 -0.3 -0.1 0.3 0.5 1.1
Interest Rate (%) 0.25 0.25 0.25 0.25 0.25 0.25
Balance of Trade (XPF Million) -8766.00 -8196 -8193 -8195 -8195 -8196

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 1.00 -5 3 3 3 3
GDP (USD Billion) 10.00 10 10 10 10 11.1

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 11.90 15.9 14.3 14.3 14.3 14.3
Unemployed Persons 2141.00 2190 2480 2480 2480 2220
Population (Million) 0.29 0.29 0.29 0.29 0.29 0.29

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) -0.70 -0.3 -0.1 0.3 0.5 1.1
Inflation Rate Mom (%) -0.40 0.1 0.3 0.2 0.1 0.3
Food Inflation (%) 3.20 2.5 2.3 2.5 2.5 2.1
Consumer Price Index CPI (points) 108.29 115 109 109 109 117

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 0.25 0.25 0.25 0.25 0.25 0.25

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (XPF Million) -8766.00 -8196 -8193 -8195 -8195 -8196
Tourist Arrivals 8910.00 13500 9500 9500 9500 13800

Business Actual Q4 Q1 Q2 Q3 2021
Business Confidence (points) 86.80 84 86 86 86 88

Housing Actual Q4 Q1 Q2 Q3 2021
Construction Output (%) -0.90 1 1.2 1.2 1.2 1.3


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.