New Caledonia's GDP (current LCU) was 943 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 1.29% from 955.29 billion in 2014 (0.13% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 943 billion | 2024 |
| Five years earlier | 1.01 trillion | 2019 |
| Ten years earlier | 955.29 billion | 2014 |
| Highest | 1.09 trillion | 2022 |
| Lowest | 14.33 billion | 1965 |
| Average since 2015 | 997.85 billion | 2015–2024 |
| First recorded | 14.33 billion |
What the numbers say
In 2024, New Caledonia's GDP (current LCU) fell 12.5% on 2023 (from 1.08 trillion to 943 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +4.6% and a typical year strayed about 4.8% from that (the standard deviation). This year's change was 3.6 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 45.8% in 1970 and the biggest yearly fall was 12.5% in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 9.9 billion a year. A straight line explains 31% of the movement over 10 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 5th highest value of the 15 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
- United Arab Emirates — 2nd of 15: 2.03 trillion
- Afghanistan — 3rd of 15: 1.26 trillion
- Cuba — 4th of 15: 1.08 trillion
- French Polynesia — 6th of 15: 697.55 billion
- Faroe Islands — 7th of 15: 27.94 billion
- Bahamas, The — 8th of 15: 15.83 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 60 values
| Year | GDP (current LCU) |
|---|---|
| 2024 | 943,000,000,000 |
| 2023 | 1,078,000,000,000 |
| 2022 | 1,092,000,000,000 |
| 2021 | 1,016,000,000,000 |
| 2020 | 990,000,000,000 |
| 2019 | 1,010,000,000,000 |
| 2018 | 1,000,000,000,000 |
| 2017 | 969,083,000,000 |
| 2016 | 940,568,000,000 |
| 2015 | 939,822,000,000 |
| 2014 |
GDP (current LCU) in nearby economies
- American Samoa — 871 million (2022)
- Australia — 2.78 trillion (2025)
- Brunei Darussalam — 19.66 billion (2025)
- Cambodia — 205.76 trillion (2025)
- China — 140.19 trillion (2025)
- Fiji — 14.25 billion (2025)
- French Polynesia — 697.55 billion (2024)
- Guam — 6.91 billion (2022)
- Hong Kong SAR, China — 3.33 trillion (2025)
- Indonesia — 23,821.1 trillion (2025)
- Japan — 663.76 trillion (2025)
- Kiribati — 542 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$8.55 billion (2024)
- GDP per capita (current US$) — US$29,213 (2024)
- GDP per capita (current LCU) — 3.22 million (2024)
- Net primary income (net income from abroad) (current US$) — US$275.91 million (2024)
- Net primary income (net income from abroad) (current LCU) — 30.43 billion (2024)
- Adjusted savings, education expenditure (% of GNI) — 0.54% (2021)
- Adjusted savings, carbon dioxide damage (current US$)
Reading data like this
Questions people ask
- What is New Caledonia's GDP (current LCU)?
- 943 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1965?
- It is up 6,482% from 14.33 billion in 1965 (7.35% a year on average, compounded). The highest value was 1.09 trillion in 2022 and the lowest 14.33 billion in 1965.
- How does New Caledonia rank?
- 5th highest of 15 economies with data for 2024.
- Is the latest change in GDP (current LCU) unusual for New Caledonia?
- In 2024, New Caledonia's GDP (current LCU) fell 12.5% on 2023 (from 1.08 trillion to 943 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +4.6% and a typical year strayed about 4.8% from that (the standard deviation). This year's change was 3.6 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.CN, 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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