National population estimates

So now migration is rising?!

15 Mar 2019

Our take on the latest National population estimates (Fri 15 Mar 2019)

Annual net migration
58,391
As at January 2019 (apparently)
Long-term arrivals up 6.3% over the last year
Hard to place any confidence in the numbers given their volatility

The key numbers...

  • The volatility of migration estimates means it is very difficult to place much faith in the latest numbers – all data from October 2017 onwards is provisional. The most recent finalised number from Statistics NZ is for September 2017, when net migration was at 55,762pa.
  • As an example of the volatility, Statistics NZ’s initial estimate of departures for the year to November 2018 was 100,600 ± 1,200. Its latest estimate for the November 2018 year sits at 93,000, well outside the 95% confidence interval.
  • Policy changes by both the National and Labour governments suggest net migration should be coming under downward pressure. The effects of rule changes for foreign students wanting to remain in New Zealand after studying, the regionalisation of the skills shortage list, and a lower target for residence approval numbers should drag net migration lower during 2019 and 2020.
  • Businesses are increasingly concerned about their ability to obtain workers given the tight labour market and tougher migration policy.

Net migration

Annual running totals
3143

...and our reaction

  • Statistics NZ’s latest migration estimates show net migration has apparently risen from a trough of 50,100 in the year to June 2018 to 58,400 in the year to January 2019.
  • A surge in arrivals is behind the increase, primarily driven by a big lift in people entering the country on visitor visas and being likely to stay for over 12 months. In the three months to January 2019, estimated long-term arrivals on visitor visas were up 52% from a year earlier.
  • Departure numbers are also rising, albeit not as rapidly. The net outflow of New Zealand citizens over the last year was 7,700 people, the largest since November 2014.