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New Caledonia: GDP (current US$)

In , New Caledonia's GDP (current US$) was $8.55 billion.

That's down 12.5% from 2023, the highest value since .

The global average for this indicator in 2024 was $572.20 billion . New Caledonia ranks #152 globally out of 192 reporting countries. Within East Asia & Pacific, it ranks #20 of 30.

Source: World Bank Open Data (NY.GDP.MKTP.CD) • Data as of 2024

Trend (2005–2024)

New Caledonia GDP (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$10.64B
Trough
$6.24B
1-year change
-12.5%
5-year change
-9.8%
-2.0% / yr
10-year change
-19.6%
-2.2% / yr

Historical Data — Last 10 Years

Year GDP (current US$)
8.549B
9.769B
9.623B
10.071B
9.455B
9.476B
9.896B
9.174B
8.725B
8.738B

About GDP (current US$)

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 indicator is expressed in United States dollars.

Indicator code: NY.GDP.MKTP.CD • Category: Economy

How to read GDP figures: GDP (Gross Domestic Product) is measured in current US dollars, which means values change both due to real economic growth and currency fluctuations. A more useful comparison across countries is GDP per capita, which divides GDP by population. For growth trends, check GDP growth (annual %).

Frequently asked questions

What was New Caledonia's GDP (current US$) in 2024?
In 2024, New Caledonia's GDP (current US$) was $8.55 billion, according to World Bank Open Data.
Is New Caledonia's GDP (current US$) rising or falling?
New Caledonia's GDP (current US$) fell 12.5% from 2023 to 2024.
How does New Caledonia rank globally on GDP (current US$)?
In 2024, New Caledonia ranked #152 out of 192 countries reporting GDP (current US$).
How does New Caledonia's GDP (current US$) compare to the world average?
The global average for GDP (current US$) in 2024 was $572.20 billion, so New Caledonia is below the world average. Within East Asia & Pacific, it ranks #20 of 30.
What is GDP (current US$) and how is it measured?
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 indicator is expressed in United States dollars.
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Source: World Bank Open Data (NY.GDP.MKTP.CD), CC BY 4.0.