New Caledonia Annual Unemployment Rate
New Caledonia's annual unemployment rate rose to 11.15% in 2024, up from 10.94% in 2023, according to World Bank. This represents an increase of 0.21% from the previous year. New Caledonia has annual unemployment rate higher than the global median (11.15% vs median 5.23%). Compared with the median in Oceania, New Caledonia is higher (11.15% vs regional median 4.55%) and ranks 2nd out of 11 countries in Oceania.
Yearly Historical Data (1991-2024)
(in %)New Caledonia Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of New Caledonia's labor force that is looking for work but does not have a job.