Oceania > New Caledonia > Economy

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Agriculture > products vegetables; beef, deer, other livestock products
Budget > Revenues	$996,000,000.00		[35th of 166]
Current transfers, receipts > BoP, current US$	626,301,300 BoP $		[83rd of 155]
Economy > Overview New Caledonia has about 25% of the world's known nickel resources. Only a small amount of the land is suitable for cultivation, and food accounts for about 20% of imports. In addition to nickel, substantial financial support from France - equal to more than 15% of GDP - and tourism are keys to the health of the economy. Substantial new investment in the nickel industry, combined with the recovery of global nickel prices, brightens the economic outlook for the next several years.
Exchange rates Comptoirs Francais du Pacifique francs (XPF) per US dollar - 96.04 (2004), 105.66 (2003), 126.71 (2002), 133.26 (2001), 129.43 (2000)
Exports	$1,341,000,000.00		[133rd of 189]
Exports to US	$1,800,000.00		[164th of 224]
Foreign direct investment, net > BoP, current US$	-37,350,060 BoP $		[114th of 152]
GDP	$3,158,000,000.00		[144th of 203]
GDP (purchasing power parity)	$3,158,000,000.00		[7th of 187]
GDP > Composition by sector > Industry	8.8%		[141st of 146]
GDP growth > annual %	2.1 annual %		[143rd of 187]
Gross National Income	$3,202,610,000.00		[117th of 172]
Imports of goods and services > BoP, current US$	2,552,414,000 BoP $		[111st of 156]
Imports of goods, services and income > BoP, current US$	2,649,749,000 BoP $		[111st of 156]
Inflation rate (consumer prices)	1.4%		[7th of 192]
International tourism, number of departures	96,000		[67th of 103]
Tourist arrivals by region of origin > Africa	637		[108th of 142]
Tourist arrivals by region of origin > Europe	30,268		[137th of 195]
Trade balance with US	$5,500,000.00		[64th of 224]

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