Decline in New Zealand's Net Migration for 2024

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Decline in New Zealand's Net Migration for 2024

Synopsis

New Zealand's net migration dropped to 27,100 in 2024, down from 128,300 in 2023, highlighting significant fluctuations in migration statistics. Contributing factors include fewer non-New Zealand passport holders arriving and ongoing net migration loss among New Zealand citizens, particularly to Australia.

Key Takeaways

  • Net migration gain in 2024: 27,100
  • Sharp decline from 2023: 128,300
  • Non-New Zealand citizens' migration down to 74,200
  • High loss of New Zealand citizens: 47,100
  • Majority of losses to Australia

Wellington, Feb 17 (NationPress) New Zealand recorded a net migration increase of 27,100 in 2024, a significant decrease from the previous year's net gain of 128,300, as reported by the statistical agency Stats NZ on Monday.

The fluctuations in net migration have been particularly pronounced in 2023 and 2024, according to Sarah Drake, spokesperson for international migration statistics at Stats NZ.

Drake noted that net migration surged by just over 100,000 in 2023 but saw a similar decline in 2024, emphasizing that there remains an overall net migration gain.

The decrease in New Zealand's net migration for 2024 is attributed to fewer arrivals of non-New Zealand passport holders, with the overall net migration gain still just shy of the long-term average of 29,100 before the Covid-19 pandemic.

Migration trends are usually influenced by a blend of factors, including economic conditions and labor market dynamics in New Zealand compared to the global landscape, alongside immigration policies in New Zealand and other nations, as reported by Xinhua.

The net migration gain for non-New Zealand citizens continues to decline, with a provisional annual net gain of 74,200 non-New Zealand citizens in 2024, down from 171,600 in 2023. Citizens from India, the Philippines, and China represented about two-thirds of this decline, according to statistics.

Meanwhile, the net migration loss of New Zealand citizens remains significant, with a provisional net loss of 47,100 citizens in 2024, of which approximately 56% migrated to Australia, compared to a net loss of 43,300 in 2023, Stats NZ reported.