Inflation, GDP deflator (annual %) in New Caledonia
New Caledonia: Inflation, GDP deflator (annual %) was 1.1% in 2024. ◆ Volatile
Inflation, GDP deflator in New Caledonia, 1966–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2024, inflation, gdp deflator in New Caledonia stood at 1.1%.
The figure is up 128.4% on the previous year and down 59.4% over ten years.
Over the whole period, inflation, gdp deflator in New Caledonia peaked at 35.1% in 1979 and was at its lowest, -15.5%, in 1978.
That places New Caledonia 174th 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.
Inflation, GDP deflator (annual %) in New Caledonia, year by year
| Year | annual % | Change |
|---|---|---|
| 1966 | 7.0% | — |
| 1967 | 4.0% | -42.6% |
| 1968 | 4.8% | +18.3% |
| 1969 | 11.0% | +131.1% |
| 1970 | 11.3% | +2.9% |
| 1971 | 7.5% | -33.6% |
| 1972 | 7.8% | +3.3% |
| 1973 | 6.6% | -15.4% |
| 1974 | 12.6% | +92.4% |
| 1975 | 7.1% | -43.7% |
| 1976 | 6.5% | -8.0% |
| 1977 | 5.9% | -10.3% |
| 1978 | -15.5% | -364.4% |
| 1979 | 35.1% | -326.0% |
| 1980 | 12.6% | -64.1% |
| 1981 | 13.7% | +9.1% |
| 1982 | 9.8% | -28.4% |
| 1983 | 7.8% | -21.1% |
| 1984 | 8.8% | +13.8% |
| 1985 | 5.7% | -36.1% |
| 1986 | 9.4% | +66.8% |
| 1987 | 1.7% | -81.9% |
| 1988 | 2.6% | +50.3% |
| 1989 | 1.7% | -32.9% |
| 1990 | -4.6% | -369.8% |
| 1991 | 3.6% | -178.3% |
| 1992 | 2.8% | -21.7% |
| 1993 | 2.7% | -4.4% |
| 1994 | 2.9% | +6.5% |
| 1995 | 1.3% | -54.0% |
| 1996 | 1.4% | +6.8% |
| 1997 | 2.1% | +44.7% |
| 1998 | 12.8% | +523.3% |
| 1999 | 6.1% | -52.3% |
| 2000 | 6.0% | -2.5% |
| 2018 | 2.8% | -53.4% |
| 2019 | 2.4% | -12.4% |
| 2020 | 0.4% | -82.3% |
| 2021 | 4.8% | +1022.4% |
| 2022 | 3.8% | -20.3% |
| 2023 | -4.0% | -203.3% |
| 2024 | 1.1% | -128.4% |
New Caledonia compared with similar countries
- New Caledonia's 1.1% is below the median for high income countries, which is 2.6%, 43% of the median. (82 countries reporting)
- New Caledonia's 1.1% is below the median for East Asia & Pacific, which is 2.6%, 44% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator (annual %) in New Caledonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1022.4% | 0.4% | 4.8% |
| 1998 | +523.3% | 2.1% | 12.8% |
| 1990 | -369.8% | 1.7% | -4.6% |
| 1978 | -364.4% | 5.9% | -15.5% |
| 1979 | +326.0% | -15.5% | 35.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.7% | 4.0% | 11.0% | 4 |
| 1970s | 8.5% | -15.5% | 35.1% | 10 |
| 1980s | 7.4% | 1.7% | 13.7% | 10 |
| 1990s | 3.1% | -4.6% | 12.8% | 10 |
| 2000s | 6.0% | 6.0% | 6.0% | 1 |
| 2010s | 2.6% | 2.4% | 2.8% | 2 |
| 2020s | 1.3% | -4.0% | 4.8% | 5 |
Countries ranked near New Caledonia
More economy & growth data for New Caledonia
- Foreign direct investment, net outflows (BoP, current US$), gaps 45.87 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0054 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 156.75 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 725.76 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.6 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0849 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,480 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 1.06 % change on previous year (2017)
- General government final consumption expenditure (current US$), per 0.2351 current US$ per US$ of GDP (2017)
- General government final consumption expenditure (current US$), per 7,608 current US$ per person (2017)
Frequently asked questions
- What is inflation, gdp deflator in New Caledonia?
- Inflation, gdp deflator in New Caledonia was 1.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in New Caledonia?
- The highest recorded value was 35.1% in 1979.
- What is the lowest inflation, gdp deflator recorded in New Caledonia?
- The lowest recorded value was -15.5% in 1978.
- How does New Caledonia rank for inflation, gdp deflator?
- New Caledonia ranks 174th out of 214 countries with data for 2024.
- Is inflation, gdp deflator rising or falling in New Caledonia?
- Over the last ten years it is down 59.4%. 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 Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.