10 Countries with Deflation or Dangerously Low Inflation

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9. New Caledonia

Inflation Rate (Jan 2024): -0.02%

Real GDP Growth Rate (2022): 3.50%

Unemployment Rate (2022): 11%

New Caledonia is a French territory comprising dozens of islands in the South Pacific. New Caledonia has an inflation rate of -0.02% and an unemployment rate of 11%. With a real GDP growth rate of 3.50%, New Caledonia ranks ninth among the countries with deflation or dangerously low inflation.

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