GDP growth in New Caledonia
New Caledonia: GDP growth was -13.5% in 2024. ◆ Volatile
GDP growth in New Caledonia, 1966–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
In 2024, gdp growth in New Caledonia stood at -13.5%.
That represents a change of down 582.1% on the previous year and down 3,475.0% over ten years.
Over the whole period, gdp growth in New Caledonia peaked at 34.6% in 1988 and was at its lowest, -13.6%, in 1979.
That places New Caledonia 214th out of 214 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.9% | -3.8% | 15.7% | 4 |
| 1970s | 5.0% | -13.6% | 31.0% | 10 |
| 1980s | 5.0% | -7.0% | 34.6% | 10 |
| 1990s | 1.8% | -3.2% | 5.9% | 10 |
| 2000s | 2.1% | 2.1% | 2.1% | 1 |
| 2010s | -0.5% | -1.4% | 0.4% | 2 |
| 2020s | -2.3% | -13.5% | 3.5% | 5 |
Countries ranked near New Caledonia
- 211 Equatorial Guinea -5.8% compare
- 212 Lebanon -7.1% compare
- 213 South Sudan -10.8% compare
More economy & growth data for New Caledonia
- Gross national expenditure 9.58 billion current US$ (2024)
- Industry (including construction), value added 225.50 billion current LCU (2019)
- Households and NPISHs final consumption expenditure 65.7% (2024)
- Final consumption expenditure 7.69 billion current US$ (2024)
- Final consumption expenditure 848.39 billion current LCU (2024)
- Final consumption expenditure 90.0% (2024)
- Gross national expenditure 112.1% (2024)
- Exports of goods and services 110.28 billion current LCU (2024)
- Exports of goods and services 999.77 million current US$ (2024)
- Industry (including construction), value added 22.3% (2019)
Frequently asked questions
- What is gdp growth in New Caledonia?
- Gdp growth in New Caledonia was -13.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in New Caledonia?
- The highest recorded value was 34.6% in 1988.
- What is the lowest gdp growth recorded in New Caledonia?
- The lowest recorded value was -13.6% in 1979.
- How does New Caledonia rank for gdp growth?
- New Caledonia ranks 214th out of 214 countries with data for 2024.
- Is gdp growth rising or falling in New Caledonia?
- Over the last ten years it is down 3,475.0%. The long-run trend across the full record is volatile.
- Where does this New Caledonia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.