New Zealand

New ZealandUnemployment

NZ desk: New Zealand first; Australia, United States, United Kingdom, euro area, Korea and Taiwan alongside.

5.08%

+0.35 pp

As of 2025 | % of labour force

Mean
5.75%
Median
5.42%
Min
3.30% 2022
Max
10.67% 1992
YearValue
20255.08%
20244.72%
20233.73%
20223.30%
20213.78%
20204.59%
20194.11%
20184.33%
20174.74%
20165.15%
20155.42%
20145.43%
20135.84%
20126.93%
20116.49%
20106.56%
20096.12%
20084.17%
20073.66%
20063.86%
20053.81%
20044.00%
20034.75%
20025.28%
#CountryUnemploymentChangeYear
73Euro area6.28%−0.06 pp202598New Zealand5.08%+0.35 pp2025109United Kingdom4.75%+0.39 pp2025120United States4.20%+0.18 pp2025121Australia4.09%+0.15 pp2025137Taiwan3.40%0.00 pp2025160Singapore2.82%+0.08 pp2025164Korea, Rep.2.68%−0.10 pp2025

What the unemployment rate is

The unemployment rate is the share of the labour force without work but available for and seeking work. World Bank indicator SL.UEM.TOTL.ZS, ILO modelled estimates — a common definition across economies, not a national labour-force survey. Latest: 5.08% in 2025.

A rise is more people unemployed relative to the labour force, not necessarily more people out of work if participation also moves. From 1991 to 2025 (35 years): mean 5.75%, median 5.42%; low 3.30% (2022), high 10.67% (1992).

Source: World Bank Open Data. Licence: CC BY 4.0 (terms).