New Caledonia: Government spending, percent of GDP
* indicates monthly or quarterly data series
| New Caledonia |
Government spending as percent of GDP |
|---|---|
| Latest value | 23.51 |
| Reference | 2017 |
| Measure | percent |
| Source | The World Bank |
For that indicator, we provide data for New Caledonia from 1981 to 2017. The average value for New Caledonia during that period was 27.05 percent with a minimum of 9.4 percent in 1990 and a maximum of 40.65 percent in 1986.
The latest value from 2017 is 23.51 percent. For comparison, the world average in 2017 based on 172
countries is 16.54 percent.
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* indicates monthly or quarterly data series
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The government size of New Caledonia and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.