New Zealand Remittances

Personal remittances received, current US dollars.

Remittances in New Zealand decreased to 0.41 USD billion in 2022 from 0.46 USD billion in 2021.

$0.41B
▼ −0.052022 · previous $0.46BAnnual · US$ billion · Source: World Bank — World Development Indicators

New Zealand Remittances — History

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New Zealand Remittances — analysis in simple words

Latest reading

Remittances in New Zealand decreased to 0.41 USD billion in 2022 from 0.46 USD billion in 2021.

Over the last three years it rose once and fell twice.

Recent trend

A year earlier (2021) it was $0.46B, so the latest figure is $0.05B lower.

Over the past five years the average was $0.46B, with a range from $0.41B to $0.51B. The latest value is below that five-year average.

Historical context

This data series starts in 1972 and has 51 annual observations. The latest reading is higher than 55% of all of them.

The highest value on record is $2.04B (1996) and the lowest is $0.11B (1972). The long-run average is $0.45B.

Compared with other countries

Among 180 economies with recent data, New Zealand ranks 122nd from the top. The median across all these economies is $1.02B, so New Zealand is below the typical country.

Within East Asia & Pacific (27 economies with data) it ranks 15th; the regional median is $0.42B.

Statistics

Latest
$0.41B2022
Previous
$0.46B
5-year average
$0.46B
Long-run average
$0.45Bsince 1972
All-time high
$2.04B1996
All-time low
$0.11B1972
Observations
51Annual

Recent Data

PeriodValueChange
2022$0.41B▼ −0.05
2021$0.46B▲ +0.03
2020$0.43B▼ −0.05
2019$0.47B▼ −0.04
2018$0.51B▼ −0.03
2017$0.54B▲ +0.01
2016$0.53B▼ −0.00
2015$0.53B▼ −0.00
2014$0.54B▲ +0.08
2013$0.46B▼ −0.00
2012$0.46B▲ +0.01
2011$0.46B▲ +0.08
2010$0.37B▲ +0.04
2009$0.33B▼ −0.09
2008$0.42B▲ +0.04
2007$0.38B▲ +0.05
2006$0.33B▼ −0.02
2005$0.35B▲ +0.03
2004$0.32B▲ +0.03
2003$0.29B▲ +0.06
2002$0.23B▲ +0.01
2001$0.22B▲ +0.00
2000$0.22B▼ −0.04
1999$0.26B▼ −0.00
1998$0.26B▼ −0.75
1997$1.01B▼ −1.03
1996$2.04B▲ +0.39
1995$1.65B▲ +0.50
1994$1.15B▲ +0.32
1993$0.83B

Remittances — New Zealand vs Peers

Latest available reading for each economy (periods may differ). New Zealand highlighted.

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More New Zealand indicators

Understanding Remittances — a simple guide

What it measures

Personal remittances received from workers abroad, in current US dollars.

How it is calculated

Money sent home by citizens working abroad, in US dollars.

Simple example

Workers in the Gulf sending money to families in India are counted here.

▲ When it is high or rising

High remittances support household income and the current account.

▼ When it is low or falling

Low remittances mean less income from abroad.

Why it matters for the economy and markets

Remittances are a large and stable source of foreign income for many emerging economies.

How to read it

They tend to be counter-cyclical, rising when the home economy is under stress.

Data source

World Bank — World Development Indicators (series BX.TRF.PWKR.CD.DT), annual data from 1972 to 2022. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current remittances of New Zealand?
New Zealand remittances was $0.41B in 2022, compared with $0.46B in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest remittances of New Zealand?
Since 1972, the highest reading was $2.04B (1996) and the lowest was $0.11B (1972).
What does remittances measure?
Personal remittances received from workers abroad, in current US dollars.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.