New Caledonia: Household consumption, percent of GDP

For that indicator, we provide data for New Caledonia from 1981 to 2017. The average value for New Caledonia during that period was 63.63 percent with a minimum of 54.78 percent in 1985 and a maximum of 77.3 percent in 1990. The latest value from 2017 is 65.61 percent. For comparison, the world average in 2017 based on 169 countries is 63.14 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.