Economy of New Caledonia - Facts

Facts

GDP (nominal exchange rate): US$8.82 billion (in 2007)

GDP - real growth rate: 4.6% (in 2007)

GDP - per capita (nominal exchange rate): US$36,376 (in 2007)

GDP - composition by sector:
agriculture: 5%
industry: 30%
services: 65% (1997 est.)

Population below poverty line: NA%

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): -0.6% (2000 est.)

Labor force: 78 990 (including 11 300 unemployed, 2004)

Labor force - by occupation: agriculture 20%, industry 20%, services 60% (1999 est.)

Unemployment rate: 17.1% (2004)

Budget:
revenues: US$856.3 million
expenditures: US$836.5 million (1996 est.)

Industries: nickel mining and smelting

Industrial production growth rate: -0.6% (1996)

Electricity - production: 1.581 billion kWh (2003)

Electricity - production by source:
fossil fuel: 65.79%
hydro: 34.21%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 1,47 billion kWh (2003)

Electricity - exports: 0 kWh (1998)

Electricity - imports: 0 kWh (1998)

Agriculture - products: vegetables; beef, deer, other livestock products

Exports: US$2.11 billion (in 2007)

Exports - commodities: ferronickels, nickel ore, fish

Exports - partners: Japan 22.4%, Metropolitan France 15.2%, China 14.2%, Taiwan 13.2%, other European countries 20.5%, Oceania 5.9%, Africa 4.8%, Americas 2.7%, other Asian countries 1.1% (2007)

Imports: US$2.88 billion (in 2007)

Imports - commodities: foods, machinery and equipment, fuels, minerals

Imports - partners: Metropolitan France 26.6%, other European countries 16.1%, Singapore 13.6%, Australia 10.7, New Zealand 4.0%, United States 3.2%, Japan 3.0%, other countries 22.7% (2007)

Debt - external: US$79 million (1998 est.) / €62 million (exchange rate as of 2006-05-07)

Economic aid - recipient: US$770 million from France (1998) / €605 million (exchange rate as of 2006-05-07)

Currency: 1 CFP franc = 100 centimes

Exchange rates: CFP franc per US$1 – 95.89 (2005), 96.04 (2004), 105.66 (2003), 126.71 (2002), 133.26 (2001), 117.67 (January 2000), 111.93 (1999), 107.25 (1998), 106.11 (1997), 93.00 (1996), 90.75 (1995); note - linked at the rate of 1000 CFP to 8.38 euro

Fiscal year: calendar year

Read more about this topic:  Economy Of New Caledonia

Famous quotes containing the word facts:

    The effectiveness of our memory banks is determined not by the total number of facts we take in, but the number we wish to reject.
    Jon Wynne-Tyson (b. 1924)

    “Now what I want is, Facts. Teach these boys and girls nothing but Facts. Facts alone are wanted in life. Plant nothing else, and root out everything else. You can only form the minds of reasoning animals upon Facts: nothing else will ever be of service to them.”
    Charles Dickens (1812–1870)

    “It is of the highest importance in the art of detection to be able to recognise out of a number of facts which are incidental and which are vital.... I would call your attention to the curious incident of the dog in the night-time.”
    “The dog did nothing in the night-time.”
    “That was the curious incident.”
    Sir Arthur Conan Doyle (1859–1930)