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New Zealand Lowest Unemployment Rate

3.30% in 2022
Unemployment as % of total labor force · World Bank

The lowest unemployment rate in New Zealand was 3.30% in 2022. The top 5 years were: 2022 (3.30%), 2007 (3.66%), 2023 (3.73%), 2021 (3.78%), 2005 (3.81%).

Top 5 Lowest Years
New Zealand Top 5 Lowest Unemployment Rate Years
RankYearValue
1st 2022 3.30%
2nd 2007 3.66%
3rd 2023 3.73%
4th 2021 3.78%
5th 2005 3.81%
All Data (sorted by value)
YearValueChangeRank
2023 3.73% +0.41pp 69th
2022 3.30% −0.48pp 45th
2021 3.78% −0.82pp 42nd
2007 3.66% −0.21pp 51st
2006 3.86% +0.06pp 51st
2005 3.81% −0.22pp 47th
2004 4.01% −0.75pp 47th
1985 3.92% −3.26pp 13th
1981 3.91% −0.11pp 11th
1980 4.02% 15th
2025 5.08% +0.30pp 90th
2024 4.72% +0.95pp 86th
2020 4.60% +0.47pp 60th
2019 4.11% −0.22pp 66th
2018 4.34% −0.42pp 72nd
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