FX.co ★ New Zealand Records a Drop in External Migration & Visitors Rates for November 2025

In an interesting turn of events, New Zealand's external migration and visitor numbers showed a notable decrease in November 2025, dropping to 8.20% from the previous rate of 9.40% recorded in October 2025. The updated figures, released on January 21, 2026, suggest a downtrend in the flow of migration and visiting activities towards the island nation, pointing towards changing dynamics in international travel and residency.

This shift marks a substantial 1.20 percentage point decline, which economists and analysts are keen to scrutinize for potential underlying causes. Each percentage figures represent real impacts on the country's hospitality, leisure, and resources sectors, which often rely heavily on a steady influx of tourists and migrants. While the reasons behind this trend are yet to be fully uncovered, factors such as global economic shifts, changes in immigration policies, or even seasonal variations may play a role.

New Zealand has traditionally been a magnet for visitors due to its breathtaking landscapes and stable economy, so any fluctuations in these statistics could prompt policy adjustments or strategic planning by the government and businesses alike. As stakeholders await further analysis, this drop in figures acts as a pulse-check for the ongoing health of New Zealand’s visitor and migrant avenues.