New Caledonia's GDP (constant LCU) was 843.63 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 12.06% from 959.34 billion in 2019 (2.54% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 843.63 billion | 2024 |
| Five years earlier | 959.34 billion | 2019 |
| Highest | 975.3 billion | 2023 |
| Lowest | 73.44 billion | 1966 |
| Average since 2017 | 940.25 billion | 2017–2024 |
| First recorded | 76.38 billion | 1965 |
Over five years it is down 12.06% from 959.34 billion in 2019 (2.54% a year on average, compounded). Since 1965 it is up 1,004% from 76.38 billion in 1965 (4.16% a year on average, compounded). The World Bank has no value for 16 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2024, New Caledonia's GDP (constant LCU) fell 13.5% on 2023 (from 975.3 billion to 843.63 billion).
Across the 30 yearly changes before that (1977 to 2023), the average change was +2.3% and a typical year strayed about 7.6% from that (the standard deviation). This year's change was 2.1 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 34.6% in 1988 and the biggest yearly fall was 13.6% in 1979. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2017 to 2024 the straight-line trend is downward, about 10.93 billion a year. A straight line explains 37% of the movement over 8 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, New Caledonia had the 4th highest value of the 14 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to New Caledonia in the 2024 ranking
- Lebanon — 1st of 14: 40.18 trillion
- United Arab Emirates — 2nd of 14: 1.78 trillion
- Afghanistan — 3rd of 14: 1.08 trillion
- French Polynesia — 5th of 14: 571.89 billion
- Cuba — 6th of 14: 50.69 billion
- Faroe Islands — 7th of 14: 20.63 billion
What this measures
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 44 values
| Year | GDP (constant LCU) |
|---|---|
| 2024 | 843,633,242,300 |
| 2023 | 975,298,546,000 |
| 2022 | 948,733,994,200 |
| 2021 | 916,651,202,100 |
| 2020 | 936,313,791,700 |
| 2019 | 959,337,901,400 |
| 2018 | 972,959,332,000 |
| 2017 | 969,083,000,000 |
| 2016 | no data |
| 2015 | no data |
| 2014 |
GDP (constant LCU) in nearby economies
- American Samoa — 645 million (2022)
- Australia — 2.72 trillion (2025)
- Brunei Darussalam — 19.81 billion (2025)
- Cambodia — 160.14 trillion (2025)
- China — 134.57 trillion (2025)
- Fiji — 12.59 billion (2025)
- French Polynesia — 571.89 billion (2024)
- Guam — 5.42 billion (2022)
- Hong Kong SAR, China — 3.17 trillion (2025)
- Indonesia — 13,580.5 trillion (2025)
- Japan — 591.22 trillion (2025)
- Kiribati — 395 million (2025)
More economic policy & debt data for New Caledonia
- GNI (current US$) — US$8.82 billion (2024)
- GNI (current LCU) — 973.43 billion (2024)
- GNI per capita (current LCU) — 3.33 million (2024)
- GDP (current US$) — US$8.55 billion (2024)
- GDP (current LCU) — 943 billion (2024)
- GDP per capita (current US$) — US$29,213 (2024)
- GDP per capita (current LCU) — 3.22 million (2024)
- Net primary income (net income from abroad) (current US$) — US$275.91 million (2024)
- Net primary income (net income from abroad) (current LCU) — 30.43 billion (2024)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is New Caledonia's GDP (constant LCU)?
- 843.63 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1965?
- It is up 1,004% from 76.38 billion in 1965 (4.16% a year on average, compounded). The highest value was 975.3 billion in 2023 and the lowest 73.44 billion in 1966.
- How does New Caledonia rank?
- 4th highest of 14 economies with data for 2024.
- Is the latest change in GDP (constant LCU) unusual for New Caledonia?
- In 2024, New Caledonia's GDP (constant LCU) fell 13.5% on 2023 (from 975.3 billion to 843.63 billion). Across the 30 yearly changes before that (1977 to 2023), the average change was +2.3% and a typical year strayed about 7.6% from that (the standard deviation). This year's change was 2.1 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NY.GDP.MKTP.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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