Insurance and financial services in New Caledonia
New Caledonia: Insurance and financial services was 4.5% in 2016. ▲ Rising
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 imports.
Analysis
New Caledonia recorded 4.5% for insurance and financial services in 2016.
That represents a change of up 7.2% on the previous year and up 135.7% over ten years.
Over the whole period, insurance and financial services in New Caledonia peaked at 5.0% in 2011 and was at its lowest, 1.9%, in 2006.
That places New Caledonia 122nd out of 197 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Insurance and financial services in New Caledonia, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 2002 | 3.8% | — |
| 2003 | 4.5% | +18.6% |
| 2004 | 4.8% | +5.9% |
| 2005 | 2.6% | -45.9% |
| 2006 | 1.9% | -25.4% |
| 2007 | 2.3% | +19.6% |
| 2008 | 2.6% | +11.5% |
| 2009 | 3.3% | +28.4% |
| 2010 | 2.6% | -21.6% |
| 2011 | 5.0% | +94.1% |
| 2012 | 3.2% | -35.7% |
| 2013 | 3.6% | +11.1% |
| 2014 | 3.5% | -2.7% |
| 2015 | 4.2% | +21.3% |
| 2016 | 4.5% | +7.2% |
New Caledonia compared with similar countries
- New Caledonia's 4.5% is below the median for high income countries, which is 6.4%, 71% of the median. (72 countries reporting)
- New Caledonia's 4.5% is below the median for East Asia & Pacific, which is 5.2%, 87% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | 1.9% | 4.8% | 8 |
| 2010s | 3.8% | 2.6% | 5.0% | 7 |
Countries ranked near New Caledonia
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)
- Food exports 1.4% (2015)
- Manufactures exports 59.0% (2015)
- Merchandise exports 1.26 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,283 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1447 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate 2.26 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in New Caledonia?
- Insurance and financial services in New Caledonia was 4.5% 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 5.0% in 2011.
- What is the lowest insurance and financial services recorded in New Caledonia?
- The lowest recorded value was 1.9% in 2006.
- How does New Caledonia rank for insurance and financial services?
- New Caledonia ranks 122nd out of 197 countries with data for 2016.
- Is insurance and financial services rising or falling in New Caledonia?
- Over the last ten years it is up 135.7%. The long-run trend across the full record is rising.
- 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 imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 imports which are commercial services provided by non-residents to residents.