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New Caledonia — GDP growth
GDP Growth (Annual %) for New Caledonia, 1966–2024.
Latest value · 2024
-13.50%
GDP Growth (Annual %) · annual % · -250.8% since 1966
GDP growth for New Caledonia was -13.50% in 2024, according to the latest World Bank data. The series covers 42 years, from 1966 to 2024. The highest recorded value was 34.60% in 1988. The lowest was -13.60% in 1979 (about 1.0× the latest value).
New Caledonia ranks 212 of 212 economies on this measure (1 = highest), putting it in the top 100%. The median for East Asia & Pacific is 3.62%, so New Caledonia sits below it. It peaked in 1988 and has fallen 139% since. Over the last decade (2018–2024) the figure moved down 3475%.
Key figures
Latest (2024)
-13.50%
First (1966)
-3.85%
Change
-250.8%
Highest
34.60%
in 1988
Lowest
-13.60%
in 1979
Average
3.30%
Annual growth (CAGR)
—
Years of data
42
Recent years
| Year | annual % |
|---|---|
| 2024 | -13.5% |
| 2023 | 2.8% |
| 2022 | 3.5% |
| 2021 | -2.1% |
| 2020 | -2.4% |
| 2019 | -1.4% |
| 2018 | 0.4% |
| 2000 | 2.1% |
| 1999 | 0.9% |
| 1998 | -3.2% |
| 1997 | 2.01% |
| 1996 | 0.45% |
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.