[ Nominal GDP in billions of USD ]
Year -
$8.55 billions
New Caledonia GDP expanded from 1965 to 2024, increasing from $0.16 billion to $8.55 billion.The compound annual growth rate (CAGR) averaged 6.98% over the period. The economy recorded its peak level in 2014 and its lowest level in 1965. Growth volatility remained high. The maximum drawdown reached 32.2%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | N/A |
| Latest GDP | $ 8.55 Billions | N/A |
| Growth (YoY) | -12.491% | N/A |
| Net Change vs Previous Year | $ -1.22 Billion | N/A |
| % of World GDP | 0.01% | N/A |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | 0.16 | - | - | - | - | - |
| 1966 | 0.16 | 0 | 2.89 % | - | - | - |
| 1967 | 0.18 | 0.02 | 9.64 % | - | - | - |
| 1968 | 0.22 | 0.04 | 19.702 % | - | - | - |
| 1969 | 0.26 | 0.05 | 22.088 % | - | - | - |
| 1970 | 0.36 | 0.1 | 36.375 % | - | - | - |
| 1971 | 0.41 | 0.06 | 15.376 % | - | - | - |
| 1972 | 0.51 | 0.09 | 22.422 % | - | - | - |
| 1973 | 0.54 | 0.04 | 7.002 % | - | - | - |
| 1974 | 0.64 | 0.1 | 17.538 % | - | - | - |
| 1975 | 0.82 | 0.18 | 28.122 % | - | - | - |
| 1976 | 0.8 | -0.02 | -2.246 % | - | - | - |
| 1977 | 0.84 | 0.04 | 4.924 % | - | - | - |
| 1978 | 0.85 | 0.01 | 1.001 % | - | - | - |
| 1979 | 1.05 | 0.2 | 23.785 % | - | - | - |
| 1980 | 1.18 | 0.14 | 12.914 % | - | - | - |
| 1981 | 0.97 | -0.21 | -17.751 % | - | - | - |
| 1982 | 0.9 | -0.07 | -6.988 % | - | - | - |
| 1983 | 0.82 | -0.08 | -8.926 % | - | - | - |
| 1984 | 0.8 | -0.03 | -3.373 % | - | - | - |
| 1985 | 0.85 | 0.06 | 7.381 % | - | - | - |
| 1986 | 1.2 | 0.35 | 40.535 % | - | - | - |
| 1987 | 1.49 | 0.29 | 23.871 % | - | - | - |
| 1988 | 2.07 | 0.58 | 39.291 % | - | - | - |
| 1989 | 2.19 | 0.11 | 5.418 % | - | - | - |
| 1990 | 2.53 | 0.34 | 15.759 % | - | - | - |
| 1991 | 2.65 | 0.12 | 4.916 % | - | - | - |
| 1992 | 2.92 | 0.27 | 10.178 % | - | - | - |
| 1993 | 2.82 | -0.1 | -3.476 % | - | - | - |
| 1994 | 3.04 | 0.22 | 7.671 % | - | - | - |
| 1995 | 3.63 | 0.59 | 19.407 % | - | - | - |
| 1996 | 3.61 | -0.02 | -0.592 % | - | - | - |
| 1997 | 3.29 | -0.32 | -8.756 % | - | - | - |
| 1998 | 3.56 | 0.27 | 8.057 % | - | - | - |
| 1999 | 3.65 | 0.09 | 2.573 % | - | - | - |
| 2000 | 3.42 | -0.23 | -6.244 % | - | - | - |
| 2001 | 3.3 | -0.12 | -3.576 % | - | - | - |
| 2002 | 3.74 | 0.44 | 13.413 % | - | - | - |
| 2003 | 4.92 | 1.18 | 31.425 % | - | - | - |
| 2004 | 5.9 | 0.98 | 19.931 % | - | - | - |
| 2005 | 6.24 | 0.34 | 5.829 % | - | - | - |
| 2006 | 6.98 | 0.74 | 11.87 % | - | - | - |
| 2007 | 8.82 | 1.84 | 26.375 % | - | - | - |
| 2008 | 9.07 | 0.25 | 2.808 % | - | - | - |
| 2009 | 8.7 | -0.36 | -4.005 % | - | - | - |
| 2010 | 9.36 | 0.66 | 7.581 % | - | - | - |
| 2011 | 10.35 | 0.99 | 10.541 % | - | - | - |
| 2012 | 9.66 | -0.69 | -6.688 % | - | - | - |
| 2013 | 10.15 | 0.49 | 5.096 % | - | - | - |
| 2014 | 10.64 | 0.48 | 4.764 % | - | - | - |
| 2015 | 8.74 | -1.9 | -17.836 % | - | - | - |
| 2016 | 8.72 | -0.01 | -0.156 % | - | - | - |
| 2017 | 9.17 | 0.45 | 5.152 % | - | - | - |
| 2018 | 9.9 | 0.72 | 7.874 % | - | - | - |
| 2019 | 9.48 | -0.42 | -4.252 % | - | - | - |
| 2020 | 9.45 | -0.02 | -0.222 % | - | - | - |
| 2021 | 10.07 | 0.62 | 6.523 % | - | - | - |
| 2022 | 9.62 | -0.45 | -4.449 % | - | - | - |
| 2023 | 9.77 | 0.15 | 1.516 % | - | - | - |
| 2024 | 8.55 | -1.22 | -12.491 % | - | - | - |
Between 1965 to 2024, New Caledonia experienced the following economic phases:
The most remarkable growth occurred in 1986 with an increase of 40.535%, while the largest decline was in 2015 at -17.836%.