New Caledonia—Gross Capital Formation (% of GDP)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #99 of 174
Latest Value
22.1%
2024
YoY Change
-13.5%
2023 → 2024
Global Rank
#99
of 174 countries
Maximum
42.4%
2010
Minimum
22.1%
2024
CAGR
-0.2%
25 years
Last
22.1%
Previous
25.6%
Highest
42.4%
Lowest
22.1%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 22.1% | -13.5% |
| 2023 | 25.6% | -2.3% |
| 2022 | 26.2% | -0.2% |
| 2021 | 26.2% | -4.0% |
| 2020 | 27.3% | -7.3% |
| 2019 | 29.5% | +6.7% |
| 2018 | 27.6% | -0.7% |
| 2017 | 27.8% | -4.9% |
| 2016 | 29.2% | -15.8% |
| 2015 | 34.7% | -2.5% |
| 2014 | 35.6% | -9.5% |
| 2013 | 39.3% | -3.8% |
| 2012 | 40.9% | -1.8% |
| 2011 | 41.7% | -1.8% |
| 2010 | 42.4% | +24.7% |
| 2009 | 34.0% | -17.6% |
| 2008 | 41.3% | +9.9% |
| 2007 | 37.6% | +10.9% |
| 2006 | 33.9% | +13.5% |
| 2005 | 29.8% | +12.2% |
| 2004 | 26.6% | -9.6% |
| 2003 | 29.4% | +20.1% |
| 2002 | 24.5% | +6.9% |
| 2001 | 22.9% | -0.1% |
| 2000 | 22.9% |
Top Countries — Gross Capital Formation (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Bhutan | 45.3% | 2023 |
| 2 | Iran, Islamic Rep. | 44.3% | 2024 |
| 3 | Mauritania | 43.1% | 2024 |
| 4 | Algeria | 41.1% | 2024 |
| 5 | China | 40.6% | 2024 |
| 6 | Tanzania | 39.8% | 2024 |
| 7 | Vanuatu | 38.3% | 2022 |
| 8 | Senegal | 37.5% | 2024 |
| 9 | Greenland | 36.0% | 2023 |
| 10 | Botswana | 36.0% | 2024 |
About This Indicator
Definition
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source: World Bank - World Development IndicatorsView original source →