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flag New Zealand's net migration fell sharply in 2024, with more leaving due to economic reasons.

flag New Zealand saw a significant drop in net migration in 2024, with a gain of 27,100, down from 128,300 in 2023. flag The decrease is attributed to fewer non-New Zealand passport holders arriving and more citizens leaving, partly due to economic factors. flag Departures hit a record high of 128,705, up from 101,585 in 2023, as residents sought better opportunities abroad due to high living costs and a recession. flag Despite this, the country saw a net inflow of migrants in December, the highest monthly balance in a year.

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