New Zealand RBNZ Forecast: Unemployment Rate: sa data was reported at 4.100 % in 2022. This stayed constant from the previous number of 4.100 % for 2021. New Zealand RBNZ Forecast: Unemployment Rate: sa data is updated yearly, averaging 5.250 % from Mar 1997 (Median) to 2022, with 26 observations. The data reached an all-time high of 8.400 % in 1999 and a record low of 3.600 % in 2008. New Zealand RBNZ Forecast: Unemployment Rate: sa data remains active status in CEIC and is reported by Reserve Bank of New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.G034: Labour Force Statistics: Forecast: Reserve Bank of New Zealand.

In the second quarter of 2020, slightly over *** thousand people in the labor force were not employed in New Zealand. The figure shows a significant drop from the previous few quarters where the number of unemployed people in New Zealand was over *** thousand.

Unemployment Rate in New Zealand remained unchanged at 5.10 percent in the first quarter of 2025 from 5.10 percent in the fourth quarter of 2024. This dataset provides - New Zealand Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about New Zealand Unemployment Rate

• New Zealand Unemployment Rate increased to 5.10% in Dec 2024, from the previously reported figure of 4.80% in Sep 2024.
• New Zealand Unemployment Rate is updated quarterly, available from Mar 1986 to Dec 2024, with an average rate of 5.45%.
• The data reached an all-time high of 11.20% in Sep 1991 and a record low of 3.20% in Mar 2022.
• The data is reported by reported by Stats NZ.
• In the latest reports, New Zealand Population reached 5.36 million people in Dec 2024.

In 2024, the unemployment rate in New Zealand increased by 1.1 percentage points (+29.49 percent) compared to 2023. In total, the unemployment rate amounted to 4.87 percent in 2024. The unemployment rate refers to the share of the economically active population currently without work but in search of employment. The unemployment rate does not include economically inactive persons such as the long-term unemployed, children, or retirees.Find more key insights for the unemployment rate in countries like Tonga and Fiji.

This horizontal bar chart displays unemployment (% of total labor force) by countries yearly using the aggregation average in New Zealand. The data is filtered where the date is 2021. The data is about countries per year.

The statistic shows the unemployment rate in New Zealand in 2020, by ethnicity. That year, around *** percent of the European labor force in New Zealand were unemployed. Around *** percent of the Maori labor force were unemployed for the same year.

ANZ Forecast: Unemployment Rate: sa data was reported at 4.800 % in 2026. This records a decrease from the previous number of 5.300 % for 2025. ANZ Forecast: Unemployment Rate: sa data is updated yearly, averaging 4.300 % from Dec 2018 (Median) to 2026, with 9 observations. The data reached an all-time high of 6.200 % in 2020 and a record low of 3.200 % in 2021. ANZ Forecast: Unemployment Rate: sa data remains active status in CEIC and is reported by ANZ Bank New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.G038: Unemployment Rate: Forecast: ANZ Bank Ltd.

This bar chart displays unemployment (% of total labor force) by country using the aggregation average in New Zealand. The data is filtered where the date is 2021. The data is about countries per year.

This scatter chart displays death rate (per 1,000 people) against unemployment (% of total labor force) in New Zealand. The data is filtered where the date is 2021. The data is about countries per year.

This scatter chart displays population (people) against unemployment (% of total labor force) in New Zealand. The data is filtered where the date is 2021. The data is about countries per year.

New Zealand NZ:(GDP) Gross Domestic Productper Person Employed: 2017 PPP data was reported at 80,598.345 Intl $ in 2022. This records an increase from the previous number of 79,718.438 Intl $ for 2021. New Zealand NZ:(GDP) Gross Domestic Productper Person Employed: 2017 PPP data is updated yearly, averaging 73,219.959 Intl $ from Dec 1991 (Median) to 2022, with 32 observations. The data reached an all-time high of 80,598.345 Intl $ in 2022 and a record low of 60,201.963 Intl $ in 1991. New Zealand NZ:(GDP) Gross Domestic Productper Person Employed: 2017 PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank.WDI: Employment and Unemployment. GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2017 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.;World Bank, World Development Indicators database. Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat, OECD, and World Bank.;Weighted average;

This horizontal bar chart displays unemployment (% of total labor force) by currency using the aggregation average in New Zealand. The data is filtered where the date is 2021. The data is about countries per year.

This scatter chart displays expense (% of GDP) against unemployment (% of total labor force) in New Zealand. The data is filtered where the date is 2021. The data is about countries per year.

Operators in the Credit Reporting and Debt Collection Services industry have faced volatile trading conditions in recent years, with various factors influencing their performance. These factors include the unemployment rate, housing transfer numbers, insolvency volumes, consumer and business debt and their ability to meet debt obligations. The cash rate and funding costs for financial institutions, which influence borrowing costs, also affect demand. Low borrowing costs can boost demand for credit reports, while high borrowing costs cause financial distress, supporting demand for debt collectors. The industry can be broken down into two operating areas: debt collection services and credit reporting services. To assist businesses in managing their cashflow during lockdowns, the Central Government (Te Kawanatanga o Aotearoa) enacted temporary legislation limiting firms from collecting business debts from May 2020 through October 2021. This contributed to the industry operating at a loss for a few years during the pandemic. Credit reporters and debt collectors have benefited from government organisations and private firms, like financial institutions and utility providers, increasingly outsourcing debt collection and credit reporting functions over the past few years. Overall, industry revenue is expected to inch upwards at an annualised 0.7% over the five years through 2024-25, to total $138.3 million. This trend includes an anticipated revenue jump of 3.7% in 2024-25, as a hike in the unemployment rate and an elevated cash rate fuel demand for debt collection services. Trading conditions for agencies and collectors are forecast to be mixed in the coming years. Credit reporting firms are likely to benefit from improving economic conditions, which will increase businesses’ and consumers’ willingness to take out loans. However, debt collectors may face challenges due to a projected drop in the unemployment rate and cash rate, both of which are set to lower the risk of defaults on debts. Overall, industry revenue is projected to tumble at an annualised 3.2% through the end of 2029-30, to total $117.7 million.

澳新银行预测：失业率：SA在12-01-2026达4.800%，相较于12-01-2025的5.300%有所下降。澳新银行预测：失业率：SA数据按年更新，12-01-2018至12-01-2026期间平均值为4.300%，共9份观测结果。该数据的历史最高值出现于12-01-2020，达6.200%，而历史最低值则出现于12-01-2021，为3.200%。CEIC提供的澳新银行预测：失业率：SA数据处于定期更新的状态，数据来源于ANZ Bank New Zealand，数据归类于全球数据库的新西兰 – Table NZ.G038: Unemployment Rate: Forecast: ANZ Bank Ltd。

Prices in New Zealand rose by 1.72 percent in 2020. Central bankers at the Reserve Bank of New Zealand were surely relieved to see the rebound from the dangerously low .29 percent inflation in 2015.

What is inflation?

Inflation is the rise in price levels in an economy. 2 percent inflation means 100 New Zealand dollars will be worth 98 dollars in one year. While the precise inflation target varies, most economists agree that inflation between 2 to 3 percent is optimal for an economy. High inflation can lead to higher unemployment because firms would rather wait and higher workers at the same price using future dollars, making the labor relatively cheaper. However, it affects the trade balance because of the relatively higher purchasing power of foreign currencies.

Other risks of inflation and deflation

Inflation helps a country with higher national debt when the debt is in the local currency, because the country can repay with the future dollars which are relatively cheaper. Deflation, then, helps when debts are in a foreign currency. The main problem with deflation is that investors prefer to hold their money, waiting to invest until it is worth more. This is particularly true of countries like New Zealand, where the lion’s share of employment is in the services sector.

Os dados de Taxa de Desemprego da Nova Zelândia foram registrados em 5.10 % em 2024-12. Este é um registro de um aumento com relação aos números anteriores de 4.80 % em 2024-09. Os dados de Taxa de Desemprego da Nova Zelândia são atualizados trimestral, com uma média de 5.45 % em 1986-03 até 2024-12, com 156 observações. Os dados alcançaram um alto recorde de 11.20 % em 1991-09 e um baixo recorde de 3.20 % em 2022-03. Os dados de Taxa de Desemprego da Nova Zelândia permanecem com status ativo na CEIC e são reportados pela fonte: Stats NZ. Os dados são classificados sob o Global Database’ Nova Zelândia – Table NZ.G036: Household Labour Force Survey: Unemployment Rate.

This scatter chart displays median age (year) against unemployment (% of total labor force) in New Zealand. The data is filtered where the date is 2021. The data is about countries per year.

This scatter chart displays net migration (people) against unemployment (% of total labor force) in New Zealand. The data is filtered where the date is 2021. The data is about countries per year.