New Zealand Forecast: Unemployment Rate

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about New Zealand Unemployment Rate Forecast

  • New Zealand Unemployment Rate is forecasted to be 4.891 % in Dec 2024 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 3.799 % in Dec 2023
  • Looking ahead, New Zealand Unemployment Rate is projected to stand at 4.355 % in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View New Zealand's Forecast: Unemployment Rate from 1980 to 2028 in the chart:

New Zealand Forecast: Unemployment Rate

What is New Zealand's Forecast: Unemployment Rate in 2028?

New Zealand Unemployment Rate is forecasted to be 4.891 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.355 2028 4.453 2027 3.300 2022 10.675 1992 % yearly 1980 - 2028

Forecast: Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 11.000 2028 yearly 1980 - 2028
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 1.675 2028 yearly 2010 - 2028
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 7.000 2028 yearly 1980 - 2028
Armenia (%) 14.000 2028 yearly 2001 - 2028
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.898 2028 yearly 1980 - 2028
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.545 2028 yearly 2000 - 2028
Bahamas (%) 9.190 2028 yearly 1986 - 2028
Bahrain (%) 5.400 2022 yearly 2007 - 2022
Bangladesh (%) 0.000 yearly -
Barbados (%) 9.718 2028 yearly 1981 - 2028
Belarus (%) 3.455 2028 yearly 1993 - 2028
Belgium (%) 5.402 2028 yearly 1980 - 2028
Belize (%) 2.800 2028 yearly 1990 - 2028
Benin (%) 0.000 yearly -
Bhutan (%) 5.900 2022 yearly 2003 - 2022
Bolivia (%) 5.200 2028 yearly 2000 - 2028
Bosnia and Herzegovina (%) 15.255 2028 yearly 1995 - 2028
Botswana (%) 0.000 yearly -
Brazil (%) 7.931 2028 yearly 1991 - 2028
Brunei (%) 4.900 2028 yearly 2011 - 2028
Bulgaria (%) 4.200 2028 yearly 1989 - 2028
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.999 2028 yearly 1980 - 2028
Cape Verde (%) 8.500 2028 yearly 1980 - 2028
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.499 2028 yearly 1980 - 2028
China (%) 5.200 2028 yearly 2017 - 2028
Colombia (%) 9.511 2028 yearly 1980 - 2028
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 5.581 2028 yearly 1991 - 2028
Cyprus (%) 5.481 2028 yearly 1982 - 2028
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2028 yearly 1991 - 2028
Ecuador (%) 3.500 2028 yearly 1988 - 2028
Egypt (%) 6.679 2028 yearly 1990 - 2028
El Salvador (%) 5.500 2028 yearly 1988 - 2028
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.364 2028 yearly 1993 - 2028
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2028 yearly 1986 - 2028
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 17.516 2028 yearly 1996 - 2028
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 8.000 2028 yearly 1980 - 2028
Hong Kong SAR, China (%) 2.774 2028 yearly 1980 - 2028
Hungary (%) 3.300 2028 yearly 1980 - 2028
Iceland (%) 3.976 2028 yearly 1980 - 2028
India (%) 0.000 yearly -
Indonesia (%) 5.100 2028 yearly 1984 - 2028
Iran (%) 9.779 2028 yearly 1990 - 2028
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 4.000 2028 yearly 1980 - 2028
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 8.375 2021 yearly 1980 - 2021
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 22.850 2022 yearly 1984 - 2022
Kazakhstan (%) 4.775 2028 yearly 1994 - 2028
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.205 2028 yearly 1980 - 2028
Kosovo (%) 20.750 2021 yearly 2012 - 2021
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 9.014 2028 yearly 1994 - 2028
Laos (%) 0.000 yearly -
Latvia (%) 6.402 2028 yearly 1992 - 2028
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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New Zealand Key Series

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Includes 256 key indicators for New Zealand, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.6 Sep 2023 quarterly Dec 1999 - Sep 2023
Consolidated Fiscal Balance (USD mn) -114.714 Dec 2023 quarterly Mar 1999 - Dec 2023
Tax Revenue (USD mn) 78,682.575 2023 yearly 1999 - 2023
Tax Revenue: % of GDP (%) 31.5 2022 yearly 1999 - 2022
National Government Debt (USD mn) 99,408.0 Dec 2023 quarterly Dec 2006 - Dec 2023
Government Debt: % of GDP (%) 37.4 Sep 2023 quarterly Dec 2006 - Sep 2023
Forecast: Government Expenditure (NZD bn) 198.754 2028 yearly 1985 - 2028
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) 84,661.000 Dec 2023 quarterly Mar 1999 - Dec 2023
General Government: ytd: Revenue (NZD mn) 82,119.000 Dec 2023 quarterly Mar 1999 - Dec 2023
General Government: ytd: Borrowings (NZD mn) 248,109.000 Dec 2023 quarterly Jun 2002 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.748 2028 yearly 1980 - 2028
Trade Balance (USD mn) -602.2 Jan 2024 monthly Jan 1960 - Jan 2024
Total Exports (USD mn) 3,042.4 Jan 2024 monthly Jan 1957 - Jan 2024
Total Exports Growth (%) -7.1 Jan 2024 monthly Jan 1952 - Jan 2024
Aluminum: Exports (USD th) 899,348.562 2022 yearly 1995 - 2022
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) 3,644.6 Jan 2024 monthly Jan 1960 - Jan 2024
Total Imports Growth (%) -20.2 Jan 2024 monthly Jan 1961 - Jan 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) 321.058 Jan 2024 monthly Jul 1981 - Jan 2024
Total Imports from USA (USD mn) 317.271 Jan 2024 monthly Jan 1981 - Jan 2024
Total Exports to China (USD mn) 995.067 Jan 2024 monthly Jul 1981 - Jan 2024
Total Imports from China (USD mn) 866.706 Jan 2024 monthly Jul 1982 - Jan 2024
Term Trade Index (Jun2002=1000) 1,300.000 Dec 2023 quarterly Mar 1957 - Dec 2023
Exports: fob: SITC: Mineral Fuels (NZD mn) 36.411 Jan 2024 monthly Jan 2002 - Jan 2024
Exports: fob: SITC: Crude Materials (NZD mn) 463.413 Jan 2024 monthly Jan 2002 - Jan 2024
Exports: fob: SITC: Manufacturing: Goods (NZD mn) 220.476 Jan 2024 monthly Jan 2002 - Jan 2024
Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) 281.819 Jan 2024 monthly Jan 2002 - Jan 2024
Exports: fob: SITC: Food & Live Animals (NZD mn) 3,155.745 Jan 2024 monthly Jan 2002 - Jan 2024
Exports: fob: Australia (NZD mn) 547.372 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: fob: United States (NZD mn) 520.522 Jan 2024 monthly Jul 1981 - Jan 2024
Exports: fob: Japan (NZD mn) 202.120 Jan 2024 monthly Jul 1981 - Jan 2024
Exports: fob: United Kingdom (NZD mn) 93.827 Jan 2024 monthly Jul 1981 - Jan 2024
Exports: fob: China (NZD mn) 1,459.079 Jan 2024 monthly Jul 1981 - Jan 2024
Exports: fob: Australia: sa (NZD mn) 656.972 Jan 2024 monthly Jul 1981 - Jan 2024
Exports: fob: China: sa (NZD mn) 1,613.274 Jan 2024 monthly Jul 1981 - Jan 2024
Import Volume Index: sa (Jun2002=1000) 2,434.000 Dec 2023 quarterly Jun 1990 - Dec 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 64.1 Sep 2023 quarterly Jun 2000 - Sep 2023
Current Account Balance (USD mn) -5,231.7 Mar 2023 quarterly Jun 1971 - Mar 2023
Current Account Balance: % of GDP (%) -7.1 Sep 2023 quarterly Jun 1987 - Sep 2023
Foreign Direct Investment (USD mn) 877.3 Sep 2023 quarterly Jun 2000 - Sep 2023
Foreign Direct Investment: % of GDP (%) 1.5 Sep 2023 quarterly Jun 2000 - Sep 2023
Foreign Portfolio Investment (USD mn) 3,799.570 Sep 2023 quarterly Jun 1995 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 6.3 Sep 2023 quarterly Jun 1995 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 199.1 Sep 2023 quarterly Jun 2000 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 3,600.516 Sep 2023 quarterly Jun 1995 - Sep 2023
External Debt (USD mn) 204,491.3 Sep 2023 quarterly Mar 1993 - Sep 2023
External Debt: % of GDP (%) 85.0 2022 yearly 1993 - 2022
External Debt: Short Term (USD mn) 70,529.5 Sep 2023 quarterly Jun 2000 - Sep 2023
External Debt: Short Term: % of GDP (%) 29.5 2022 yearly 2000 - 2022
Total Debt: % of GDP (%) 621.0 2021 yearly 2006 - 2021
Forecast: Current Account Balance (USD bn) -12.495 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -115,413.522 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Financial Account: Assets (NZD mn) 988.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Net Errors and Omissions (NZD mn) 10,001.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Current Account (NZD mn) -11,465.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Current Account: Goods (NZD mn) -5,856.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Financial Account: Assets: Portfolio Investment (NZD mn) -2,994.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Financial Account: Assets: Direct Investment (NZD mn) 106.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Current Account: Services: Credit (NZD mn) 5,853.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Current Account: Goods: Credit (NZD mn) 15,281.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Current Account: Services (NZD mn) -2,021.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Financial Account: Liabilities (NZD mn) 2,608.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Capital Account (NZD mn) -157.000 Sep 2023 quarterly Jun 1996 - Sep 2023
Balance of Payment: Current Account: Primary Income: Debit (NZD mn) 6,717.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Financial Account: Liabilities: Portfolio Investment (NZD mn) 6,280.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Financial Account: Assets: Other Investment (NZD mn) -1,359.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Financial Account: Assets: Financial Derivatives (NZD mn) -1,755.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Current Account: Primary Income (NZD mn) -3,431.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Capital Account: Debit (NZD mn) 170.000 Sep 2023 quarterly Mar 1997 - Sep 2023
Balance of Payment: Capital Account: Credit (NZD mn) 13.000 Sep 2023 quarterly Jun 1996 - Sep 2023
Balance of Payment: Current Account: Services: Debit (NZD mn) 7,874.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Current Account: Goods: Debit (NZD mn) 21,137.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Current Account: Primary Income: Credit (NZD mn) 3,286.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Financial Account (NZD mn) 1,621.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Financial Account: Liabilities: Financial Derivatives (NZD mn) -2,102.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Financial Account: Liabilities: Direct Investment (NZD mn) 1,450.000 Sep 2023 quarterly Jun 2000 - Sep 2023
BOP: Current Account: Goods & Services (NZD mn) -7,877.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Financial Account: Liabilities: Other Investment (NZD mn) -3,020.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Financial Account: Assets: Reserve Assets (NZD mn) 6,990.000 Sep 2023 quarterly Jun 2000 - Sep 2023
Balance of Payment: Current Account: sa: GS: Services: Debit (NZD mn) 7,503.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Current Account: sa (NZD mn) -7,354.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Current Account: sa: GS: Goods (NZD mn) -3,178.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Current Account: sa: GS: Services (NZD mn) -587.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Current Account: sa: GS: Goods: Credit (NZD mn) 16,875.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Current Account: sa: GS: Services: Credit (NZD mn) 6,915.000 Sep 2023 quarterly Jun 1971 - Sep 2023
Balance of Payment: Current Account: sa: GS: Goods: Debit (NZD mn) 20,052.000 Sep 2023 quarterly Jun 1971 - Sep 2023
IIP: Net (NZD mn) -191,940.000 Sep 2023 quarterly Jun 2000 - Sep 2023
International Investment Position: Liabilities (NZD mn) 553,776.000 Sep 2023 quarterly Jun 2000 - Sep 2023
IIP: Assets (NZD mn) 361,837.000 Sep 2023 quarterly Jun 2000 - Sep 2023
External Debt: Net (NZD mn) -149,667.000 Dec 2018 quarterly Jun 2000 - Dec 2018
Direct Investment Abroad: Stock (NZD mn) 27,769.000 2023 yearly 2001 - 2023
Direct Investment Abroad: Stock: Australia (NZD mn) 13,487.000 2023 yearly 2001 - 2023
Direct Investment Abroad: Stock: United Kingdom (NZD mn) 1,049.000 2023 yearly 2001 - 2023
Direct Investment Abroad: Stock: United States of America (NZD mn) 7,388.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Stock (NZD mn) 150,270.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Stock: Australia (NZD mn) 78,721.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Stock: United Kingdom (NZD mn) 6,019.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Stock: United States of America (NZD mn) 9,824.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Stock: Netherlands (NZD mn) 3,880.000 2018 yearly 2001 - 2018
Foreign Direct Investment: Stock: Japan (NZD mn) 5,553.000 2018 yearly 2001 - 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.5 Dec 2017 quarterly Mar 1996 - Dec 2017
Household Debt: % of GDP (%) 91.5 Sep 2023 quarterly Dec 1990 - Sep 2023
Money Supply M1 (USD mn) 71,755.775 Jan 2024 monthly Dec 2016 - Jan 2024
Money Supply M2 (USD mn) 250,996.762 Jan 2024 monthly Mar 1988 - Jan 2024
M2 Growth (%) 3.8 Jan 2024 monthly Mar 1989 - Jan 2024
Foreign Exchange Reserves (USD mn) 14,926.8 Jan 2024 monthly Sep 2005 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 5.733 Sep 2023 quarterly Sep 2005 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 4.1 Jan 2024 monthly Sep 2005 - Jan 2024
Gold Reserves (USD mn) 0.000 Jan 2024 monthly Dec 1950 - Jan 2024
Total Deposits (USD mn) 274,163.576 Jan 2024 monthly Dec 2016 - Jan 2024
Total Deposits Growth (%) 2.7 Jan 2024 monthly Dec 2017 - Jan 2024
Domestic Credit (USD mn) 366,012.0 Jan 2024 monthly Mar 1988 - Jan 2024
Domestic Credit Growth (%) 1.4 Jan 2024 monthly Mar 1989 - Jan 2024
Credit to Households (USD bn) 221.186 Sep 2023 quarterly Dec 1990 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 388.325 Sep 2023 quarterly Mar 1960 - Sep 2023
Household Debt (USD mn) 228,260.2 Jan 2024 monthly Dec 1990 - Jan 2024
Total Loans (USD mn) 342,881.503 Jan 2024 monthly Dec 2016 - Jan 2024
Total Loans Growth (%) 2.49 Jan 2024 monthly Dec 2017 - Jan 2024
Private Debt: % of Nominal GDP (%) 138.97 Sep 2023 quarterly Mar 1988 - Sep 2023
Depository Corp: Money Supply: Broad Money (NZD mn) 408,324.000 Jan 2024 monthly Mar 1988 - Jan 2024
Depository Corp: Domestic Credit (NZD mn) 595,432.000 Jan 2024 monthly Mar 1988 - Jan 2024
Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) 116,733.000 Jan 2024 monthly Dec 2016 - Jan 2024
Official Reserve Assets (NZD mn) 29,796.048 Jan 2024 monthly Sep 2005 - Jan 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 (%) 57.800 Mar 2024 quarterly Jun 2011 - Mar 2024
House Price Inflation: Net Percent Expecting Higher (%) -51.200 Mar 2024 quarterly Mar 2022 - Mar 2024
Performance Manufacturing Index (NA) 44.800 Jan 2024 monthly Aug 2002 - Jan 2024

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