Mineral rents in New Caledonia
New Caledonia: Mineral rents was 16.8% in 2021. ◆ Volatile
Mineral rents in New Caledonia, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in New Caledonia stood at 16.8%.
Compared with earlier readings it is up 307.3% over ten years.
Over the whole period, mineral rents in New Caledonia peaked at 35.3% in 2007 and was at its lowest, 0.0%, in 1978.
New Caledonia ranks 5th of 214 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in New Caledonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 26.3% | — |
| 1971 | 23.2% | -12.1% |
| 1972 | 12.3% | -46.9% |
| 1973 | 10.2% | -16.9% |
| 1974 | 6.6% | -35.9% |
| 1975 | 10.6% | +62.5% |
| 1976 | 15.0% | +40.5% |
| 1977 | 11.5% | -22.9% |
| 1978 | 0.0% | -100.0% |
| 1979 | 3.5% | — |
| 1980 | 3.2% | -8.3% |
| 1981 | 0.0% | -100.0% |
| 1982 | 0.0% | — |
| 1983 | 0.0% | — |
| 1984 | 0.0% | — |
| 1985 | 0.0% | — |
| 1986 | 0.0% | — |
| 1987 | 0.0% | — |
| 1988 | 20.4% | — |
| 1989 | 25.9% | +27.0% |
| 1990 | 3.9% | -85.0% |
| 1991 | 15.4% | +297.9% |
| 1992 | 8.1% | -47.5% |
| 1993 | 4.6% | -43.7% |
| 1994 | 6.7% | +45.9% |
| 1995 | 12.6% | +90.1% |
| 1996 | 9.6% | -24.1% |
| 1997 | 9.8% | +2.3% |
| 1998 | 0.4% | -95.8% |
| 1999 | 1.9% | +349.2% |
| 2000 | 12.1% | +550.4% |
| 2001 | 3.7% | -69.0% |
| 2002 | 4.5% | +20.1% |
| 2003 | 8.2% | +82.0% |
| 2004 | 11.7% | +42.8% |
| 2005 | 8.1% | -30.5% |
| 2006 | 18.3% | +124.9% |
| 2007 | 35.3% | +92.7% |
| 2008 | 2.6% | -92.6% |
| 2009 | 0.0% | -100.0% |
| 2010 | 5.3% | — |
| 2011 | 4.1% | -22.0% |
| 2012 | 0.0% | -100.0% |
| 2013 | 0.0% | — |
| 2014 | 0.0% | — |
| 2015 | 0.0% | — |
| 2016 | 0.0% | — |
| 2017 | 0.0% | — |
| 2018 | 1.0% | — |
| 2019 | 0.0% | -100.0% |
| 2020 | 0.0% | — |
| 2021 | 16.8% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.9% | 0.0% | 26.3% | 10 |
| 1980s | 4.9% | 0.0% | 25.9% | 10 |
| 1990s | 7.3% | 0.4% | 15.4% | 10 |
| 2000s | 10.5% | 0.0% | 35.3% | 10 |
| 2010s | 1.0% | 0.0% | 5.3% | 10 |
| 2020s | 8.4% | 0.0% | 16.8% | 2 |
Countries ranked near New Caledonia
More energy & mining data for New Caledonia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate -23.55 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 22.3% (2015)
Frequently asked questions
- What is mineral rents in New Caledonia?
- Mineral rents in New Caledonia was 16.8% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in New Caledonia?
- The highest recorded value was 35.3% in 2007.
- What is the lowest mineral rents recorded in New Caledonia?
- The lowest recorded value was 0.0% in 1978.
- How does New Caledonia rank for mineral rents?
- New Caledonia ranks 5th out of 214 countries with data for 2021.
- Is mineral rents rising or falling in New Caledonia?
- Over the last ten years it is up 307.3%. The long-run trend across the full record is volatile.
- Where does this New Caledonia data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Mineral rents (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.