The May 2024 riots in New Caledonia caused €2 billion in damage

Omissions

• The most precise official estimate from the local New Caledonian government (July 2024) put the total cost of the crisis at around €2.2 billion, slightly above the €2 billion figure cited by the MEP; the €2 billion figure is a widely used rounded figure that some outlets (e.g. Franceinfo, atlas-mag) also use to describe the damage.
• The €2.2 billion total is often broken down between roughly €1.2 billion in material damage and around €1 billion in economic losses, so the €2 billion 'damage' figure conflates material damage and broader economic cost depending on the source.
• No primary official source (French government, New Caledonian government report, or INSEE/Destatis) was located; the figures are corroborated by multiple independent secondary outlets citing the local government's estimate.

Sources

• SecondaryFrance 24Les émeutes et la grave crise en Nouvelle-Calédonie ont coûté au moins 2,2 milliards d'euros à l'archipel, selon une dernière estimation.
• SecondaryRMC / BFM TVLe montant total des dégâts se chiffre à 2,2 milliards d'euros, soit 27% de son économie.
• SecondaryFranceinfoLa Nouvelle-Calédonie tente de se reconstruire après les émeutes de 2024 qui ont causé 2 milliards d'euros de dégâts.
• SecondaryThe GuardianFourteen people, mostly Kanak, were killed and the riots caused an estimated $2.4bn (€2.2bn) in damage.
• SecondaryAtlas MagazineThe losses caused by this political movement across the country are estimated at 2 billion EUR (2.3 billion USD). The death toll stood at 14.