PEST Analysis: New Caledonia

December 2022

Significant divisions exist between New Caledonia’s indigenous population and its European counterparts, creating political instability. Substantial reliance on nickel is a risk for the economy, which was in recession in 2020. The prospect of independence could lead to a halt in much-needed subsidies provided by France. Although growing, the populace is ageing rapidly, whilst income disparities remain. Internet use is high, as are mobile subscribers, and better connectivity is imminent.

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Overview:

Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.

If you're in the Commodities industry in New Caledonia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty

The Commodities in New Caledonia report includes:

  • Analysis of the country's political and macroeconomic stability 
  • An overview of the economic structure and major industries
  • Latest economic performance

This report answers:

  • What is the economic outlook?
  • How stable is the political environment?
  • What are the country's risks and vulnerabilities?
  • What are the best sectors for investment?
  • Where should we focus our expansion strategy?
  • Which countries are moving up the value added chain away from primary sectors?

PEST Analysis: New Caledonia

Chart 1 Main PEST Points in New Caledonia
Challenges
Chart 2 Political Environment Dynamics in New Caledonia
Opportunities
Challenges
Chart 3 Economic Environment Dynamics in New Caledonia
Opportunities
Challenges
Chart 4 Social Environment Dynamics in New Caledonia
Opportunities
Chart 5 Technological Environment Dynamics in New Caledonia
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  • Develop market entry/exit strategies
  • Understand the likely path of economic growth
  • Examine risks and vulnerabilities of economies to support critical decision-making

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