New Zealand Unemployment Rate
1986 - 2024 | Quarterly | % | Statistics New Zealand
Key information about New Zealand Unemployment Rate
- New Zealand Unemployment Rate increased to 4.60% in Jun 2024, from the previously reported figure of 4.40% in Mar 2024.
- New Zealand Unemployment Rate is updated quarterly, available from Mar 1986 to Jun 2024, with an average rate of 5.50%.
- 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 Statistics New Zealand.
- In the latest reports, New Zealand Population reached 5.31 million people in Dec 2023.
View New Zealand's Unemployment Rate from Mar 1986 to Jun 2024 in the chart:
What was New Zealand's Unemployment Rate in Jun 2024?
New Zealand Unemployment Rate increased to 4.60% in Jun 2024, from the previously reported figure of 4.40% in Mar 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.60 Jun 2024 | 4.40 Mar 2024 | 3.20 Mar 2022 | 11.20 Sep 1991 | % | quarterly | Mar 1986 - Jun 2024 |
Unemployment Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 10.65 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Algeria (%) | 11.40 Jun 2019 | quarterly | Mar 2014 - Jun 2019 |
| Argentina (%) | 6.90 Mar 2023 | quarterly | Jun 1990 - Mar 2023 |
| Armenia (%) | 15.50 Mar 2024 | quarterly | Mar 2008 - Mar 2024 |
| Australia (%) | 4.16 Aug 2024 | monthly | Feb 1978 - Aug 2024 |
| Austria (%) | 4.90 Nov 2023 | monthly | Jan 1993 - Nov 2023 |
| Azerbaijan (%) | 5.64 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Bahrain (%) | 5.90 2020 | yearly | 1991 - 2020 |
| Bangladesh (%) | 5.30 2020 | yearly | 1991 - 2020 |
| Belarus (%) | 0.10 Aug 2024 | monthly | Oct 2004 - Aug 2024 |
| Belgium (%) | 5.40 Aug 2024 | monthly | Jan 1983 - Aug 2024 |
| Bolivia (%) | 2.76 Jun 2024 | quarterly | Dec 2015 - Jun 2024 |
| Bosnia and Herzegovina (%) | 13.17 2023 | yearly | 2006 - 2023 |
| Botswana (%) | 20.68 2022 | yearly | 1991 - 2022 |
| Brazil (%) | 6.60 Aug 2024 | monthly | Mar 2012 - Aug 2024 |
| Brunei (%) | 5.20 2023 | yearly | 1981 - 2023 |
| Bulgaria (%) | 4.30 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Cambodia (%) | 2.40 2020 | yearly | 2020 - 2020 |
| Canada (%) | 6.50 Sep 2024 | monthly | Jan 1976 - Sep 2024 |
| Chile (%) | 8.90 Aug 2024 | monthly | Mar 2009 - Aug 2024 |
| China (%) | 5.00 Jun 2024 | quarterly | Mar 2017 - Jun 2024 |
| Colombia (%) | 12.12 Mar 2022 | monthly | Jan 2021 - Mar 2022 |
| Croatia (%) | 6.80 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| Cyprus (%) | 5.40 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Czech Republic (%) | 2.69 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Denmark (%) | 4.90 Apr 2023 | monthly | Jan 2007 - Apr 2023 |
| Ecuador (%) | 3.48 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
| Egypt (%) | 6.50 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Estonia (%) | 5.30 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| European Union (%) | 5.90 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Finland (%) | 6.90 Apr 2023 | monthly | Jan 1988 - Apr 2023 |
| France (%) | 7.20 Jun 2023 | quarterly | Mar 1975 - Jun 2023 |
| Georgia (%) | 16.40 2023 | yearly | 1991 - 2023 |
| Germany (%) | 3.50 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
| Ghana (%) | 3.56 2023 | yearly | 1991 - 2023 |
| Greece (%) | 11.20 Apr 2023 | monthly | Apr 1998 - Apr 2023 |
| Hong Kong SAR, China (%) | 3.00 Aug 2024 | monthly | Oct 1981 - Aug 2024 |
| Hungary (%) | 4.26 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Iceland (%) | 2.48 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| India (%) | 7.11 2020 | yearly | 1991 - 2020 |
| Indonesia (%) | 5.32 2023 | yearly | 1984 - 2023 |
| Iran (%) | 9.40 Mar 2022 | quarterly | Jun 2001 - Mar 2022 |
| Ireland (%) | 4.10 Jul 2023 | monthly | Jan 1998 - Jul 2023 |
| Israel (%) | 2.58 Aug 2024 | monthly | Jan 2012 - Aug 2024 |
| Italy (%) | 6.20 Aug 2024 | monthly | Jan 1983 - Aug 2024 |
| Ivory Coast (%) | 3.50 2020 | yearly | 1991 - 2020 |
| Japan (%) | 2.50 Aug 2024 | monthly | Jan 1953 - Aug 2024 |
| Jordan (%) | 21.40 May 2024 | quarterly | Feb 2000 - May 2024 |
| Kazakhstan (%) | 4.70 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Kenya (%) | 2.98 2020 | yearly | 1991 - 2020 |
| South Korea (%) | 2.50 Sep 2024 | monthly | Jun 1999 - Sep 2024 |
| Kosovo (%) | 10.70 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| Kuwait (%) | 0.93 2021 | yearly | 1999 - 2021 |
| Kyrgyzstan (%) | 4.10 2023 | yearly | 1992 - 2023 |
| Laos (%) | 0.95 2020 | yearly | 1991 - 2020 |
| Latvia (%) | 7.00 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Lebanon (%) | 29.56 2021 | yearly | 2004 - 2021 |
| Lithuania (%) | 7.90 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Luxembourg (%) | 5.79 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
| Macau SAR, China (%) | 1.70 Aug 2024 | monthly | Sep 1996 - Aug 2024 |
| North Macedonia (%) | 12.50 Jun 2024 | quarterly | Mar 2023 - Jun 2024 |
| Malawi (%) | 6.60 2013 | yearly | 2005 - 2013 |
| Malaysia (%) | 3.20 Aug 2024 | monthly | Jan 2010 - Aug 2024 |
| Malta (%) | 2.96 Mar 2024 | quarterly | Mar 2018 - Mar 2024 |
| Mauritius (%) | 7.10 Mar 2020 | quarterly | Mar 2004 - Mar 2020 |
| Mexico (%) | 2.76 Aug 2024 | monthly | Jan 2005 - Aug 2024 |
| Moldova (%) | 5.55 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Mongolia (%) | 5.80 Jun 2024 | quarterly | Sep 2006 - Jun 2024 |
| Montenegro (%) | 11.40 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Morocco (%) | 13.10 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Mozambique (%) | 3.67 2023 | yearly | 1991 - 2023 |
| Myanmar (%) | 1.79 2020 | yearly | 1991 - 2020 |
| Nepal (%) | 4.44 2020 | yearly | 1991 - 2020 |
| Netherlands (%) | 3.10 Jul 2021 | monthly | Jan 2003 - Jul 2021 |
| New Zealand (%) | 4.60 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Nigeria (%) | 4.10 Mar 2023 | quarterly | Dec 2022 - Mar 2023 |
| Norway (%) | 4.00 Jul 2024 | monthly | Jan 1989 - Jul 2024 |
| Oman (%) | 4.00 Aug 2024 | monthly | Mar 2018 - Aug 2024 |
| Pakistan (%) | 6.30 2021 | yearly | 1980 - 2021 |
| Palestinian Territory (%) | 31.10 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Panama (%) | 7.40 2023 | yearly | 2003 - 2023 |
| Paraguay (%) | 6.43 Jun 2024 | quarterly | Mar 2017 - Jun 2024 |
| Peru (%) | 6.07 Aug 2024 | monthly | Mar 2001 - Aug 2024 |
| Philippines (%) | 4.50 Apr 2023 | quarterly | Jul 1982 - Apr 2023 |
| Poland (%) | 5.00 Aug 2024 | monthly | Jan 1990 - Aug 2024 |
| Portugal (%) | 7.20 Jan 2021 | monthly | Feb 1998 - Jan 2021 |
| Qatar (%) | 0.10 2019 | yearly | 1997 - 2019 |
| Romania (%) | 5.60 Apr 2023 | monthly | Jan 2004 - Apr 2023 |
| Russia (%) | 2.40 Jul 2024 | monthly | Jan 1994 - Jul 2024 |
| Saudi Arabia (%) | 3.32 Jun 2024 | quarterly | Mar 2012 - Jun 2024 |
| Serbia (%) | 9.40 Mar 2024 | quarterly | Mar 2014 - Mar 2024 |
| Singapore (%) | 1.90 May 2023 | monthly | Mar 2020 - May 2023 |
| Slovakia (%) | 5.04 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Slovenia (%) | 3.40 Jun 2024 | quarterly | Jun 1997 - Jun 2024 |
| South Africa (%) | 33.50 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Spain (%) | 11.27 Jun 2024 | quarterly | Mar 2021 - Jun 2024 |
| Sri Lanka (%) | 4.70 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Sudan (%) | 20.30 2010 | yearly | 1993 - 2010 |
| Sweden (%) | 7.22 Apr 2023 | monthly | Jan 1983 - Apr 2023 |
| Switzerland (%) | 4.26 Mar 2024 | monthly | Jan 1991 - Mar 2024 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doNew Zealand Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.1 Mar 2024 | quarterly | Dec 1999 - Mar 2024 |
| Consolidated Fiscal Balance (USD mn) | -2,917.988 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Tax Revenue (USD mn) | 80,859.209 2024 | yearly | 1999 - 2024 |
| Tax Revenue: % of GDP (%) | 30.8 2023 | yearly | 1999 - 2023 |
| National Government Debt (USD mn) | 101,964.3 Mar 2024 | quarterly | Dec 2006 - Mar 2024 |
| Government Debt: % of GDP (%) | 41.5 Mar 2024 | quarterly | Dec 2006 - Mar 2024 |
| Forecast: Government Expenditure (NZD bn) | 202.357 2029 | yearly | 1985 - 2029 |
| Forecast: Government Net Debt (NZD bn) | 240.233 2028 | yearly | 1985 - 2028 |
| Forecast: Government Revenue (NZD bn) | 198.840 2028 | yearly | 1985 - 2028 |
| General Government: ytd: Expenses (NZD mn) | 127,018.000 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| General Government: ytd: Revenue (NZD mn) | 122,253.000 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| General Government: ytd: Borrowings (NZD mn) | 250,825.000 Mar 2024 | quarterly | Jun 2002 - Mar 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.748 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,341.2 Aug 2024 | monthly | Jan 1960 - Aug 2024 |
| Total Exports (USD mn) | 3,024.3 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
| Total Exports Growth (%) | -0.1 Aug 2024 | monthly | Jan 1952 - Aug 2024 |
| Aluminum: Exports (USD th) | 796,821.124 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 148,665.511 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 256,958.049 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 4,365.6 Aug 2024 | monthly | Jan 1960 - Aug 2024 |
| Total Imports Growth (%) | -1.0 Aug 2024 | monthly | Jan 1961 - Aug 2024 |
| Imports: Medicament (USD th) | 974,970.031 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 727,040.199 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 438.867 Aug 2024 | monthly | Jul 1981 - Aug 2024 |
| Total Imports from USA (USD mn) | 478.016 Aug 2024 | monthly | Jan 1981 - Aug 2024 |
| Total Exports to China (USD mn) | 788.520 Aug 2024 | monthly | Jul 1981 - Aug 2024 |
| Total Imports from China (USD mn) | 846.686 Aug 2024 | monthly | Jul 1982 - Aug 2024 |
| Term Trade Index (Jun2002=1000) | 1,393.000 Jun 2024 | quarterly | Mar 1957 - Jun 2024 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,584.000 Jun 2024 | quarterly | Mar 1951 - Jun 2024 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,441.000 Jun 2024 | quarterly | Jun 1990 - Jun 2024 |
| Import Volume Index (Jun2002=1000) | 2,414.000 Jun 2024 | quarterly | Mar 1949 - Jun 2024 |
| Import Volume Index: sa (Jun2002=1000) | 2,572.000 Jun 2024 | quarterly | Jun 1990 - Jun 2024 |
| Export Value Index (2015=100) | 130.280 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 136.389 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 91.0 Jun 2024 | quarterly | Dec 1990 - Jun 2024 |
| Money Supply M1 (USD mn) | 72,117.571 Aug 2024 | monthly | Dec 2016 - Aug 2024 |
| Money Supply M2 (USD mn) | 259,059.230 Aug 2024 | monthly | Mar 1988 - Aug 2024 |
| M2 Growth (%) | 2.9 Aug 2024 | monthly | Mar 1989 - Aug 2024 |
| Foreign Exchange Reserves (USD mn) | 16,983.9 Aug 2024 | monthly | Sep 2005 - Aug 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 5.764 Jun 2024 | quarterly | Sep 2005 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.8 Aug 2024 | monthly | Sep 2005 - Aug 2024 |
| Gold Reserves (USD mn) | 0.000 Aug 2024 | monthly | Dec 1950 - Aug 2024 |
| Total Deposits (USD mn) | 284,477.278 Aug 2024 | monthly | Dec 2016 - Aug 2024 |
| Total Deposits Growth (%) | 3.5 Aug 2024 | monthly | Dec 2017 - Aug 2024 |
| Domestic Credit (USD mn) | 372,709.2 Aug 2024 | monthly | Mar 1988 - Aug 2024 |
| Domestic Credit Growth (%) | 1.0 Aug 2024 | monthly | Mar 1989 - Aug 2024 |
| Credit to Households (USD bn) | 234.071 Dec 2023 | quarterly | Dec 1990 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 412.164 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Household Debt (USD mn) | 235,826.5 Aug 2024 | monthly | Dec 1990 - Aug 2024 |
| Total Loans (USD mn) | 353,722.905 Aug 2024 | monthly | Dec 2016 - Aug 2024 |
| Total Loans Growth (%) | 2.78 Aug 2024 | monthly | Dec 2017 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 137.41 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 415,026.000 Aug 2024 | monthly | Mar 1988 - Aug 2024 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 115,536.000 Aug 2024 | monthly | Dec 2016 - Aug 2024 |
| Depository Corp: Domestic Credit (NZD mn) | 597,099.000 Aug 2024 | monthly | Mar 1988 - Aug 2024 |
| Official Reserve Assets (NZD mn) | 32,573.438 Aug 2024 | monthly | Sep 2005 - Aug 2024 |
| Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 21,100.345 Aug 2024 | monthly | Sep 2005 - Aug 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -7.4 May 2023 | monthly | Aug 2003 - May 2023 |
| House Price Inflation: Net Percent Expecting (%) | 64.900 Jun 2024 | quarterly | Jun 2011 - Jun 2024 |
| House Price Inflation: Net Percent Expecting Higher (%) | -47.300 Jun 2024 | quarterly | Mar 2022 - Jun 2024 |
| Performance Manufacturing Index (NA) | 47.800 Sep 2024 | monthly | Aug 2002 - Sep 2024 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | 73.900 Sep 2024 | monthly | Feb 1991 - Sep 2024 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | 60.900 Sep 2024 | monthly | Feb 1991 - Sep 2024 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | 75.400 Sep 2024 | monthly | Feb 1991 - Sep 2024 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | 61.000 Sep 2024 | monthly | Feb 1991 - Sep 2024 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | 53.600 Sep 2024 | monthly | Feb 1991 - Sep 2024 |
More Indicators for New Zealand
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Demographic and Labour Market
Average Weekly Earnings & Average Weekly Hours Paid: by Industry: ANZSIC 2006
Education Statistics
Employment and Unemployment: Forecast: OECD Member: Annual
Household Labour Force Survey: Employment: By Age
Household Labour Force Survey: Employment: by Industry: ANZSIC 2006
Household Labour Force Survey: Hours Worked
Household Labour Force Survey: Labour Force: By Age
Household Labour Force Survey: Not in Labour Force: By Age
Household Labour Force Survey: Participation Rate: By Age
Household Labour Force Survey: Unemployment
Household Labour Force Survey: Unemployment Rate
Labour Cost Index: By Industry: Jun2001=1000
Labour Cost Index: By Occupation: Jun2001=1000
Labour Cost Index: By Sector: Jun2001=1000
Labour Cost Index: Exclude Overtime: By Industry: Jun2009=1000
Labour Cost Index: Exclude Overtime: By Occupation: Jun2009=1000
Labour Force
Labour Force, Employment and Unemployment: Annual
Multifactor and Capital Productivity: OECD Member: Annual
Population and Urbanization Statistics
Social: Education Statistics
Vital Statistics: Annual
Wages, Labour Cost and Employment Index: Quarterly
Average Hourly Earnings: By Industry: ANZSIC 2006
Demographic Projection
Employment and Unemployment
Household Labour Force Survey: Employment
Household Labour Force Survey: Employment: By Industry: ANZSIC 1996
Household Labour Force Survey: Employment Rate
Household Labour Force Survey: Labour Force
Household Labour Force Survey: Not in Labour Force
Household Labour Force Survey: Participation Rate
Household Labour Force Survey: Underemployment
Household Labour Force Survey: Unemployment: By Age
Household Labour Force Survey: Unemployment Rate: By Age
Labour Cost Index: by Industry: Jun2009=1000
Labour Cost Index: By Occupation: Jun2009=1000
Labour Cost Index: Exclude Overtime: By Industry: Jun2001=1000
Labour Cost Index: Exclude Overtime: By Occupation: Jun2001=1000
Labour Cost Index: Exclude Overtime: By Sector: Jun2001=1000
Labour Force, Employment and Unemployment
Labour Force, Employment and Unemployment: Quarterly
Population
Population: Annual
Vital Statistics
Wages, Labour Cost and Employment Index: Annual