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Economic conjuncture in 2024 and outlook for 2025 in the French Overseas Territories

Overseas 17 July 2025

The French overseas territories have not been spared by the succession of shocks that have affected the global economy in recent years.

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In addition to the consequences of the 2020 health crisis and Russia’s invasion of Ukraine in 2022, uncertainty stemming from erratic US trade policy emerged at the beginning of 2025.

These territories have also been impacted by their own structural vulnerabilities of an economic, social, political or geophysical nature: protests against the high cost of living in Martinique; cyclones Chido in Mayotte and Belal and Garance in Réunion; and insurrectionary riots in New Caledonia, among others.

Business sentiment points to stalled conjuncture in most territories

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