New Caledonia flag

New Caledonia GDP Growth Rate (2026)

Latest Update: November 2026
Source: IMF
New Caledonia has a small Pacific economy supported by nickel mining, public services, trade, construction, and household consumption. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
-0.4%
Annual real GDP growth
World Rank
#204
Out of 218 economies
Change vs 2025
N/A
Previous-year data unavailable
Oceania Rank
#20
Out of 20 economies

1. New Caledonia GDP Growth Rate in 2026

Economic growth is influenced by nickel production, commodity prices, public spending, domestic demand, and political stability. Mining conditions remain especially important.

2. New Caledonia GDP Growth Rate Trends (1983–2026)

New Caledonia’s growth history has been shaped by nickel cycles, public-sector activity, investment, and external financial support.

3. New Caledonia GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 -0.4% +13.1 pp
2024 -13.5% -16.3 pp
2023 +2.8% -0.7 pp
2022 +3.5% +5.6 pp
2021 -2.1% +0.3 pp
2020 -2.4% -1.0 pp
2019 -1.4% -1.8 pp
2018 +0.4% -1.7 pp
2017 +2.1% +1.2 pp
2016 +0.9% +4.1 pp

4. New Caledonia GDP Growth Performance

Current Growth Rate
-0.4%
(2026 to 2026)
5-Year Average
-1.9%
(2022 to 2026)
10-Year Average
-1.2%
(2017 to 2026)
20-Year Average
+0.4%
(2007 to 2026)
The economy benefits from significant nickel resources, but high production costs and political uncertainty can weaken mining activity and investment.

5. New Caledonia GDP Growth Rate vs Oceania and World

New Caledonia
-0.4%
Oceania Average
+4.1%
World Average
+2.9%
-0.4% 1.9% 4.1%
Annual real GDP growth (%)
New Caledonia’s GDP growth rate is approximately 4.5 pp below the Oceania average and 3.3 pp below the world average.

6. New Caledonia GDP Growth Rate Ranking in Oceania

Rank Country GDP Growth Rate
#12 Tuvalu +2.5%
#13 Fiji +2.4%
#14 Tonga +2.3%
#15 Nauru +2.1%
#16 New Zealand +2.1%
#17 Australia +2.0%
#18 American Samoa +1.7%
#19 Micronesia +0.7%
#20 New Caledonia -0.4%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in New Caledonia

New Caledonia GDP (Nominal)
$10.1 Billion
(2026)
New Caledonia GDP Growth Rate
-0.4%
(2026)
New Caledonia’s performance is more volatile than many developed Pacific economies because nickel and public spending account for large shares of activity.

9. New Caledonia GDP Growth Rate Forecast

The outlook depends on political stability, nickel markets, public finances, and investment. Commodity weakness and institutional uncertainty remain major risks.
Forecast data is currently unavailable for New Caledonia.

10. New Caledonia GDP Growth Rate: Key Findings

New Caledonia GDP growth rate is estimated at -0.4% in 2026.
It ranks #204 globally and #20 in Oceania by annual GDP growth rate.
The 5-year average GDP growth rate is -1.9%.
The 10-year average GDP growth rate is -1.2%.
The current rate is 4.5 percentage points below the Oceania average.
The current rate is 3.3 percentage points below the world average.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: November 2026

13. New Caledonia GDP Growth Rate FAQs

New Caledonia GDP growth rate is estimated at -0.4% in 2026.
New Caledonia ranks #204 globally and #20 in Oceania by annual GDP growth rate.
The economy is contracting, with real GDP growth of approximately -0.4% in 2026.
New Caledonia GDP growth rate was -3.2% in 2015.
New Caledonia GDP growth rate is 4.5 percentage points below the Oceania average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.