National population estimates

Migration soars to over 61,000 (maybe)

12 Apr 2019

Our take on the latest National population estimates (Fri 12 Apr 2019)

Annual net migration
61,575
As of February 2019
Migrant arrivals up 11,563 from a year ago
Net migration is now tracking upwards, going against all logic

The key numbers...

  • February’s migration estimates are more consistent with those released in January, but we remain deeply sceptical of the apparent radical swing in migration, which is now rising at pace.
  • The sharp upswing in net migration estimates goes against all other indicators: government restrictions on migrant entry have been tightened further, and visa approvals are weaker.
  • Since new migration estimates have been published, the outlook for net migration has swung from a plunge in November’s data, to a stable outlook in December’s data, to accelerating upwards in January and February.
  • With such wild swings in the net migration estimates, and the large number of unknown and unclassified movements, we’re still not confident the figures are a fair reflection of migration.

Net migration

Annual running totals
3168

...and our reaction

  • Migration estimates from StatsNZ show net migration has roared back to life, with over 61,000 additional people moving to New Zealand in the last year.
  • The sharp increase in net migration has been driven by a strong rise in migrant arrivals, up 8.2%pa over the last year, coinciding with slower growth in migrant departures, which increased only 1.8%pa over the same period.
  • StatsNZ data shows that 19% of total passenger movements remain unknown for the last 12 months and have had to be modelled – and more than half of all movements for the last three months are unknown and therefore modelled. Because permanent migration is a relatively small proportion of all passenger movements, these “unknowns” are huge in the context of trying to estimate net migration.