New Caledonia: Savings, percent of GDP

The latest value from 2016 is 19.33 percent, a decline from 19.92 percent in 2015. In comparison, the world average is 21.57 percent, based on data from 159 countries. Historically, the average for New Caledonia from 2002 to 2016 is 23.11 percent. The minimum value, 19.14 percent, was reached in 2013 while the maximum of 31.16 percent was recorded in 2007. See the global rankings for that indicator or use the country comparator to compare trends over time.

The savings in New Caledonia and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.