New Caledonia: Household consumption, in dollars

The latest value from 2017 is 6.02 billion U.S. dollars, an increase from 5.74 billion U.S. dollars in 2016. In comparison, the world average is 268.76 billion U.S. dollars, based on data from 168 countries. Historically, the average for New Caledonia from 1981 to 2017 is 3.62 billion U.S. dollars. The minimum value, 0.46 billion U.S. dollars, was reached in 1984 while the maximum of 6.67 billion U.S. dollars was recorded in 2014. 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. Data are in current U.S. dollars.