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New Zealand sees record number of departures amid weak economy

Bloomberg
Bloomberg • 2 min read
New Zealand sees record number of departures amid weak economy
a record 72,002 New Zealand citizens left the country last year, as did 56,703 foreigners who were residing in the country. Photo: Bloomberg
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A record number of people left New Zealand last year as high living costs and a deep recession prompted them to seek opportunities overseas.

Departures rose to 128,705 last year from 101,585 in 2023, Statistics New Zealand said Monday in Wellington. Annual arrivals declined, resulting in a sharp drop in net immigration.

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