LIKA,
UNI, UC, and UPM); Parti de Liberation Kanak or PALIKA [Paul
NEAOUTYINE and Elie POIGOUNE]; Rally for Caledonia in the Republic
(anti independence) or RPCR-UMP [Jacques LAFLEUR]; The Future
Together or AE [Harold MARTIN]; Union Nationale pour l'Independance
or UNI [Paul NEAOUTYINE]; note - may no longer exist, but Paul
NEAOUTYINE has since become a president of Parti de Liberation Kanak
or PALIKA; Union Progressiste Melanesienne or UPM [Victor TUTUGORO]

Political pressure groups and leaders:

NA

International organization participation:

ITUC, PIF (associate member), SPC, UPU, WFTU, WMO

Diplomatic representation in the US:

none (overseas territory of France)

Diplomatic representation from the US:

none (overseas territory of France)

Flag description:

the flag of France is used

Economy
New Caledonia

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.

GDP (purchasing power parity):

$3.158 billion (2003 est.)

GDP (official exchange rate):

$3.3 billion (2003 est.)

GDP - real growth rate:

NA%

GDP - per capita (PPP):

$15,000 (2003 est.)

GDP - composition by sector:

agriculture: 15%
industry: 8.8%
services: 76.2% (2003)

Labor force:

78,990 (2004)

Labor force - by occupation:

agriculture: 20%
industry: 20%
services: 60% (2002)

Unemployment rate:

17.1% (2004)

Population below poverty line:

NA%

Household income or consumption by percentage share:

lowest 10%: NA%
highest 10%: NA%

Budget:

revenues: $996 million
expenditures: $1.072 billion (2001 est.)

Fiscal year:

calendar year

Inflation rate (consumer prices):

1.4% (2000 est.)

Agriculture - products:

vegetables; beef, deer, other livestock products; fish

Industries:

nickel mining and smelting

Industrial production growth rate:

-0.6% (1996)

Electricity - production:

1.602 billion kWh (2006 est.)

Electricity - consumption:

1.49 billion kWh (2006 est.)