FX.co ★ New Zealand Experiences Steep Decline in External Migration and Visitor Numbers in March

New Zealand has witnessed a significant downturn in external migration and visitor numbers, recording a striking shift from a 1.10% growth in February 2025 to a stark decline of -8.40% in March 2025. This data, updated on May 13, 2025, reflects a substantial contraction within just a single month.

The factors influencing this dramatic shift remain to be fully analyzed by experts, but the drop stands out as a notable trend potentially impacting various sectors across the country, including tourism and labor force availability. Economists and stakeholders are closely monitoring the situation to understand the broader implications for New Zealand's economy.

This development underscores the volatility and unpredictability of global mobility and travel patterns. As New Zealand navigates this unexpected change, authorities and businesses are anticipated to devise strategies to mitigate the decline's effects and address potential challenges arising from reduced migration and visitor numbers.