Insurance and financial services (% of commercial service exports) in New Caledonia
New Caledonia: Insurance and financial services (% of commercial service exports) was 0.7% in 2016. ◆ Volatile
Insurance and financial services in New Caledonia, 2002–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
In 2016, insurance and financial services in New Caledonia stood at 0.7%.
The figure is up 93.6% on the previous year and up 32.3% over ten years.
Over the whole period, insurance and financial services in New Caledonia peaked at 3.5% in 2013 and was at its lowest, 0.4%, in 2015.
That places New Caledonia 154th out of 190 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services (% of commercial service exports) in New Caledonia, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 2002 | 0.4% | — |
| 2003 | 0.4% | +20.7% |
| 2004 | 1.0% | +131.9% |
| 2005 | 0.6% | -38.1% |
| 2006 | 0.5% | -15.7% |
| 2007 | 1.7% | +213.1% |
| 2008 | 2.9% | +73.3% |
| 2009 | 0.5% | -81.2% |
| 2010 | 2.4% | +339.7% |
| 2011 | 1.5% | -38.4% |
| 2012 | 2.5% | +66.7% |
| 2013 | 3.5% | +43.2% |
| 2014 | 0.4% | -88.8% |
| 2015 | 0.4% | -7.2% |
| 2016 | 0.7% | +93.6% |
New Caledonia compared with similar countries
- New Caledonia's 0.7% is below the median for high income countries, which is 5.2%, 13% of the median. (69 countries reporting)
- New Caledonia's 0.7% is below the median for East Asia & Pacific, which is 1.5%, 48% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.0% | 0.4% | 2.9% | 8 |
| 2010s | 1.6% | 0.4% | 3.5% | 7 |
Countries ranked near New Caledonia
- 151 Faroe Islands 0.8% compare
- 152 Morocco 0.8% compare
- 153 Honduras 0.8% compare
- 155 Serbia 0.6% compare
- 156 Madagascar 0.6% compare
- 157 Kosovo 0.6% compare
- 157 Kosovo (UNSCR 1244) 0.6% compare
More private sector data for New Caledonia
- Merchandise trade 41.1% (2024)
- Food imports 15.8% (2015)
- Manufactures imports 56.5% (2015)
- Merchandise imports 2.12 billion current US$ (2025)
- Commercial service imports 1.11 billion current US$ (2016)
- Food exports 1.4% (2015)
- Manufactures exports 59.0% (2015)
- Merchandise exports 1.26 billion current US$ (2025)
- Commercial service exports 345.34 million current US$ (2016)
- Merchandise exports (current US$), per capita 4,283 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in New Caledonia?
- Insurance and financial services in New Caledonia was 0.7% in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in New Caledonia?
- The highest recorded value was 3.5% in 2013.
- What is the lowest insurance and financial services recorded in New Caledonia?
- The lowest recorded value was 0.4% in 2015.
- How does New Caledonia rank for insurance and financial services?
- New Caledonia ranks 154th out of 190 countries with data for 2016.
- Is insurance and financial services rising or falling in New Caledonia?
- Over the last ten years it is up 32.3%. The long-run trend across the full record is volatile.
- Where does this New Caledonia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.