Macro‑Economic Monitor

Home / Countries / Melanesia

New Caledonia economy

New Caledonia’s economy shrank 13.5% in 2024, slower than the world as a whole (2.9%). Consumer prices rose 0.6% in 2016, and 11.2% of the labour force was out of work in 2025.

IndicatorLatestYear
Real GDP growth−13.5%2024
Inflation (consumer prices)0.6%2016
Unemployment11.2%2025
GDP (US dollars)$8.5 bn2024
GDP per person (US dollars)$29,2132024
Current account balance, % of GDP−7.5%2016
Population295k2025
Open the full interactive profile

Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.