New Zealand Unemployment Rate 2020s

Unemployment as % of total labor force · World Bank
4.20% decade average (2020-2029)

New Zealand's unemployment rate during the 2020s ranged from 3.30% (2022) to 5.08% (2025), averaging 4.20% over 6 years of data.

2020s Data
YearValueChangeRank
2020 4.60% +0.47pp 60th
2021 3.78% −0.82pp 42nd
2022 3.30% −0.48pp 45th
2023 3.73% +0.41pp 69th
2024 4.72% +0.95pp 86th
2025 5.08% +0.30pp 90th