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 213th out of 213 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.
GDP growth in New Caledonia, year by year
| Year | annual % | Change |
|---|---|---|
| 1966 | -3.8% | — |
| 1967 | 5.4% | -240.3% |
| 1968 | 14.3% | +164.1% |
| 1969 | 15.7% | +10.2% |
| 1970 | 31.0% | +97.2% |
| 1971 | 7.0% | -77.4% |
| 1972 | 3.4% | -51.4% |
| 1973 | -11.2% | -429.5% |
| 1974 | 12.7% | -213.4% |
| 1975 | 6.5% | -48.8% |
| 1976 | 2.3% | -64.6% |
| 1977 | 1.9% | -17.4% |
| 1978 | 9.8% | +415.8% |
| 1979 | -13.6% | -238.8% |
| 1980 | -0.4% | -97.1% |
| 1981 | -7.0% | +1650.0% |
| 1982 | 2.4% | -134.3% |
| 1983 | -2.0% | -183.3% |
| 1984 | 1.8% | -190.0% |
| 1985 | 4.5% | +150.0% |
| 1986 | -1.0% | -122.2% |
| 1987 | 5.7% | -670.0% |
| 1988 | 34.6% | +507.0% |
| 1989 | 11.0% | -68.2% |
| 1990 | 3.6% | -67.3% |
| 1991 | 4.9% | +36.1% |
| 1992 | 0.5% | -89.4% |
| 1993 | 0.5% | +1.9% |
| 1994 | 2.6% | +388.9% |
| 1995 | 5.9% | +129.3% |
| 1996 | 0.4% | -92.4% |
| 1997 | 2.0% | +346.2% |
| 1998 | -3.2% | -259.4% |
| 1999 | 0.9% | -128.1% |
| 2000 | 2.1% | +133.3% |
| 2018 | 0.4% | -81.0% |
| 2019 | -1.4% | -450.0% |
| 2020 | -2.4% | +71.4% |
| 2021 | -2.1% | -12.5% |
| 2022 | 3.5% | -266.7% |
| 2023 | 2.8% | -20.0% |
| 2024 | -13.5% | -582.1% |
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
- 210 Equatorial Guinea -5.8% compare
- 211 Lebanon -7.1% compare
- 212 South Sudan -10.8% compare
More economy & growth data for New Caledonia
- GDP (constant LCU), annual growth rate -13.5 % change on previous year (2024)
- GDP (constant LCU), per unit of GDP 98.68 constant LCU per US$ of GDP (2024)
- GDP (constant LCU), per capita 2.88 million constant LCU per person (2024)
- Gross domestic savings (current US$), annual growth rate -48.03 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1003 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 2,931 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -48.05 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 11.07 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 323,299 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate -17.31 % change on previous year (2024)
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 213th out of 213 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.