New Caledonia: Inflation, GDP deflator (annual %)
In , New Caledonia's Inflation, GDP deflator (annual %) was 1.13.
That's up 128.4% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . New Caledonia ranks #165 globally out of 193 reporting countries. Within East Asia & Pacific, it ranks #22 of 30.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2018–2024)
- 2020 · COVID-19 pandemic
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 4.83
- Trough
- -3.97
- 1-year change
- +128.4%
- 5-year change
- -53.6%
- -14.2% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 1.1293 | |
| -3.9709 | |
| 3.8457 | |
| 4.8276 | |
| 0.4301 | |
| 2.4341 | |
| 2.7792 |
About Inflation, GDP deflator (annual %)
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was New Caledonia's Inflation, GDP deflator (annual %) in 2024?
- In 2024, New Caledonia's Inflation, GDP deflator (annual %) was 1.13, according to World Bank Open Data.
- Is New Caledonia's Inflation, GDP deflator (annual %) rising or falling?
- New Caledonia's Inflation, GDP deflator (annual %) rose 128.4% from 2023 to 2024.
- How does New Caledonia rank globally on Inflation, GDP deflator (annual %)?
- In 2024, New Caledonia ranked #165 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does New Caledonia's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so New Caledonia is below the world average. Within East Asia & Pacific, it ranks #22 of 30.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.