New Caledonia - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in New Caledonia was 27.89 as of 2017. Its highest value over the past 27 years was 43.07 in 2010, while its lowest value was 20.27 in 1998.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 32.90
1998 20.27
1999 22.59
2000 21.83
2001 23.07
2002 24.72
2003 28.86
2004 25.14
2005 28.45
2006 34.90
2007 36.09
2008 41.30
2009 37.46
2010 43.07
2011 42.86
2012 41.92
2013 37.77
2014 34.98
2015 35.13
2016 29.65
2017 27.89

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts