New Caledonia Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
New Caledonia's gross savings was 19.33% in 2016, ranked 112th globally. This represents a 2.9% decrease from 2015. Data from World Bank, covering 2002–2016.
Overview
New Caledonia's gross savings stood at 19.33% in 2016, a decline of +0.59% from 2015. New Caledonia ranked 112th globally.
New Caledonia’s gross savings ratio has hovered near the low‑20 percent range over the past fifteen years, falling from 19.75 percent in 2002 to a modest 19.33 percent in 2016, which placed the territory 112th in the world. The indicator reached an all‑time high of 31.16 percent in 2007, a level that far exceeded its subsequent performance and reflected a brief period of strong domestic capital formation. After a gradual decline, the ratio hit its lowest point of 19.14 percent in 2013, signalling a contraction in net saving before stabilising at the current figure. By comparison, Mexico posted a similar savings rate of 19.38 percent in the same year, underscoring New Caledonia’s alignment with other middle‑income economies that struggle to sustain higher saving levels. Should fiscal reforms boost private sector investment and improve current‑account balances, the gross savings rate could begin to rise again, potentially restoring the upward trajectory observed in the mid‑2000s.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2016 | 19.33% | −0.59% | #112 |
| 2015 | 19.92% | −1.63% | #108 |
| 2014 | 21.55% | +2.41% | #95 |
| 2013 | 19.14% | −0.03% | #107 |
| 2012 | 19.17% | −6.40% | #97 |
| 2011 | 25.57% | −0.14% | #62 |
| 2010 | 25.71% | +3.69% | #59 |
| 2009 | 22.02% | −1.11% | #76 |
| 2008 | 23.13% | −8.03% | #85 |
| 2007 | 31.16% | +5.33% | #47 |
| 2006 | 25.83% | +0.54% | #71 |
| 2005 | 25.29% | −0.85% | #65 |
| 2004 | 26.15% | +3.18% | #58 |
| 2003 | 22.97% | +3.22% | #68 |
| 2002 | 19.75% | – | #94 |
Analysis
New Caledonia's gross savings was 19.33% in 2016, a decline of −0.59% from 2015.
Frequently Asked Questions
New Caledonia's gross savings was 19.33% in 2016. Ranked 112th globally. This represents a 2.9% decrease from the previous year.
New Caledonia's gross savings peaked at 31.16% in 2007.
The lowest gross savings in New Caledonia was 19.14% in 2013.
New Caledonia ranks 112th globally in gross savings as of 2016.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
The gross savings of New Caledonia in 2016 was 19.33%. This ranks 112th in the world.
Cite this page
@misc{historysaid_new-caledonia_gross-savings,
title = {New Caledonia Gross Savings},
url = {https://historysaid.com/new-caledonia/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}