New Zealand Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • New Zealand unemployment rate for 2023 was 3.74%, a 0.44% increase from 2022.
  • New Zealand unemployment rate for 2022 was 3.30%, a 0.48% decline from 2021.
  • New Zealand unemployment rate for 2021 was 3.78%, a 0.82% decline from 2020.
  • New Zealand unemployment rate for 2020 was 4.60%, a 0.49% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
Spain 12.14%
Virgin Islands (U.S.) 12.09%
French Polynesia 11.72%
New Caledonia 11.22%
Greece 11.00%
Bahamas 9.20%
Chile 9.04%
Uruguay 8.35%
Barbados 7.95%
Italy 7.62%
Sweden 7.59%
France 7.32%
Finland 7.16%
Lithuania 6.96%
Panama 6.70%
Latvia 6.53%
Portugal 6.49%
Estonia 6.35%
Argentina 6.18%
Croatia 6.06%
Channel Islands 5.98%
Cyprus 5.96%
Puerto Rico 5.96%
Slovak Republic 5.84%
Belgium 5.51%
Guam 5.42%
Canada 5.37%
Brunei 5.27%
Austria 5.24%
Luxembourg 5.19%
Denmark 5.14%
Saudi Arabia 4.88%
Ireland 4.34%
Trinidad and Tobago 4.21%
Hungary 4.13%
United Kingdom 4.06%
Switzerland 4.05%
Hong Kong 3.93%
New Zealand 3.74%
Australia 3.67%
Slovenia 3.63%
United States 3.63%
Norway 3.58%
Iceland 3.56%
Netherlands 3.56%
Singapore 3.47%
Israel 3.39%
Malta 3.13%
Germany 3.05%
Poland 2.91%
UAE 2.71%
South Korea 2.64%
Czech Republic 2.59%
Japan 2.58%
Macao 2.25%
Kuwait 2.08%
Oman 1.46%
Bahrain 1.16%
Qatar 0.13%
New Zealand Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2023 3.74% 0.44%
2022 3.30% -0.48%
2021 3.78% -0.82%
2020 4.60% 0.49%
2019 4.11% -0.23%
2018 4.34% -0.40%
2017 4.74% -0.41%
2016 5.15% -0.27%
2015 5.42% -0.01%
2014 5.43% -0.41%
2013 5.84% -1.09%
2012 6.93% 0.44%
2011 6.49% -0.07%
2010 6.56% 0.44%
2009 6.12% 1.95%
2008 4.17% 0.51%
2007 3.66% -0.20%
2006 3.86% 0.05%
2005 3.81% -0.20%
2004 4.01% -0.74%
2003 4.75% -0.54%
2002 5.28% -0.15%
2001 5.43% -0.70%
2000 6.13% -0.89%
1999 7.02% -0.70%
1998 7.72% 0.86%
1997 6.86% 0.57%
1996 6.29% -0.17%
1995 6.46% -1.89%
1994 8.35% -1.45%
1993 9.80% -0.86%
1992 10.67% 0.05%
1991 10.61% 0.05%