New Caledonia: GNI, Atlas method (current US$)

Key figures

Over five years it is down 11.68% from US$9.96 billion in 2019 (2.45% a year on average, compounded). Since 1967 it is up 4,873% from US$176.92 million in 1967 (7.09% a year on average, compounded).

What the numbers say

In 2024, New Caledonia's GNI, Atlas method (current US$) fell 17.3% on 2023 (from US$10.64 billion to US$8.8 billion).

Across the 30 yearly changes before that (1975 to 2023), the average change was +5.9% and a typical year strayed about 15.3% from that (the standard deviation). This year's change was 1.5 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 67.6% in 1988 and the biggest yearly fall was 17.3% in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those 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 9th highest value of the 16 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

• Afghanistan — 6th of 16: US$16.78 billion
• Bahamas, The — 7th of 16: US$14.85 billion
• Bermuda — 8th of 16: US$9.01 billion
• French Polynesia — 10th of 16: US$6.79 billion
• Cayman Islands — 11th of 16: US$6.1 billion
• Faroe Islands — 12th of 16: US$4 billion

What this measures

Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This figure is converted to U.S. dollars using the World Bank Atlas method. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 40 values

GNI, Atlas method (current US$) in nearby economies

• Australia — US$1.77 trillion (2025)
• Brunei Darussalam — US$16.22 billion (2025)
• Cambodia — US$49.15 billion (2025)
• China — US$20.02 trillion (2025)
• Fiji — US$5.81 billion (2025)
• French Polynesia — US$6.79 billion (2024)
• Hong Kong SAR, China — US$468.68 billion (2025)
• Indonesia — US$1.46 trillion (2025)
• Japan — US$4.73 trillion (2025)
• Kiribati — US$536.57 million (2025)
• Korea, Rep.

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

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Questions people ask

What is New Caledonia's GNI, Atlas method (current US$)?

US$8.8 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1967?

It is up 4,873% from US$176.92 million in 1967 (7.09% a year on average, compounded). The highest value was US$10.64 billion in 2023 and the lowest US$176.92 million in 1967.

How does New Caledonia rank?

9th highest of 16 economies with data for 2024.

Is the latest change in GNI, Atlas method (current US$) unusual for New Caledonia?

In 2024, New Caledonia's GNI, Atlas method (current US$) fell 17.3% on 2023 (from US$10.64 billion to US$8.8 billion). Across the 30 yearly changes before that (1975 to 2023), the average change was +5.9% and a typical year strayed about 15.3% from that (the standard deviation). This year's change was 1.5 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NY.GNP.ATLS.CD, 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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