Inflation, GDP deflator in New Caledonia
New Caledonia: Inflation, GDP deflator 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 172nd out of 212 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 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% |
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
- GDP deflator (base year varies by country), annual growth rate 1.13 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.27 % change on previous year (2017)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8931 current US$ per US$ of GDP (2019)
- Gross value added at basic prices (GVA) (current US$), per capita 29,839 current US$ per person (2019)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.14 % change on previous year (2017)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 95.19 current LCU per US$ of GDP (2019)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.18 million current LCU per person (2019)
- GDP (current US$), annual growth rate -12.49 % change on previous year (2024)
- GDP (current US$), per capita 29,213 current US$ per person (2024)
- GDP (current LCU), annual growth rate -12.52 % change on previous year (2024)
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 172nd out of 212 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.