Unemployment Rate in New Caledonia increased to 11.20 percent in 2024 from 10.90 percent in 2023. Unemployment Rate in New Caledonia averaged 15.20 percent from 1989 until 2024, reaching an all time high of 18.90 percent in 1994 and a record low of 10.70 percent in 2022. source: World Bank
Unemployment Rate in New Caledonia is expected to reach 10.50 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Caledonia Unemployment Rate is projected to trend around 9.00 percent in 2026, according to our econometric models.