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New Caledonia Economy
GDP:
purchasing power parity - $3.158 billion (2003 est.)
GDP - real growth rate:
NA
GDP - per capita:
purchasing power parity - $15,000 (2001 est.)
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:
79,400 (including 15,018 unemployed, 1996)
Labor force - by occupation:
agriculture 7%, industry 23%, services 70% (1999 est.)
Unemployment rate:
19% (1996)
Budget:
revenues: $861.3 million
expenditures: $735.3 million, including capital expenditures of $52 million (1996 est.)
Industries:
nickel mining and smelting
Industrial production growth rate:
-0.6% (1996)
Electricity - production:
1.613 billion kWh (2001)
Electricity - production by source:
fossil fuel: 76.3%
hydro: 23.7%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
1.5 billion kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
8,750 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Agriculture - products:
vegetables; beef, deer, other livestock products
Exports:
$448 million f.o.b. (2002)
Exports - commodities:
ferronickels, nickel ore, fish
Exports - partners:
Japan 21.8%, France 19.2%, Taiwan 14%, Spain 11%, South Korea 8.5%, Australia 7.2%, Italy 5.1% (2003 est.)
Imports:
$1.007 billion f.o.b. (2002)
Imports - commodities:
machinery and equipment, fuels, chemicals, foodstuffs
Imports - partners:
France 46.1%, Australia 9.5%, Singapore 9.3%, New Zealand 4.3% (2003 est.)
Debt - external:
$79 million (1998 est.)
Economic aid - recipient:
$880 million annual subsidy from France (1998)
Currency:
Comptoirs Francais du Pacifique franc (XPF); note - may adopt the euro in 2003
Currency code:
XPF
Exchange rates:
Comptoirs Francais du Pacifique francs (XPF) per US dollar - 105.73 (2003), 126.72 (2002), 133.26 (2001), 129.44 (2000), 111.93 (1999)
Fiscal year:
calendar year
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