New Caledonia: Gdp Collapsed by 13.5 per Cent in 2024, a " Record"

TF1 INFO

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The archipelago's economy continues to collapse. The archipelago's GDP fell by 13.5%, the worst recession in 50 years. The riots of 2024, which took place in the face of a social crisis, exacerbated the phenomenon. - New Caledonia: with a fall of 13.5% of its GDP, the archipelago experienced its worst recession in 50 years (Economy).

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New Caledonia is experiencing an unprecedented economic crisis with a recession marked by a decline in GDP and the consequences of the May 2024 riots.

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Paris, 30 Sept 2025 (AFP) – In 2024 New Caledonia's economy experienced its worst recession in more than half a century, with a gross domestic product (GDP) falling by 13.5%, according to a study published on Tuesday by the Organisation des Comptes économiques rapides de l'Outre-Mer (Cerom). "In 2024, Caledonian gross domestic product recorded the sad [...]

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A study published on Tuesday 30 September by the Overseas Rapid Economic Accounts (Cerom) shows that the economy of New Caledonia experienced its worst recession in 2024 in more than half a century. Gross domestic product (GDP) fell by 13.5 per cent in one year.