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East Asia & Pacific

New Zealand Unemployment

Share of the labor force that is without work but available for and seeking employment.

Latest Value

5.1%

As of 2025

YoY Change

+7.5%

2024 → 2025

Record High

10.7%

Recorded in 1992

Record Low

3.3%

Recorded in 2022

10-Year Average

4.4%

2016–2025

Data Range

1991–2025

35 data points

Source

World Bank

Code: SL.UEM.TOTL.ZS

Historical Trend

19912025

Analysis

New Zealand's unemployment rate of 5.08% indicates a relatively stable labor market. This rate is considered moderate and suggests that the country's economy is experiencing a period of steady growth. The rate is also influenced by various factors such as government policies and global economic trends.

Historical Data

ValueYoY ChangeChange %
20255.1%0.4%+7.5%
20244.7%1.0%+26.5%
20233.7%0.4%+13.2%
20223.3%0.5%-12.6%
20213.8%0.8%-17.8%
20204.6%0.5%+11.8%
20194.1%0.2%-5.2%
20184.3%0.4%-8.5%
20174.7%0.4%-8.0%
20165.1%0.3%-4.9%

Source: World Bank Open Data · 1991–2025