Total overseas visitor arrivals in New Zealand went down by 10,057 or 2.6 percent year-on-year to 378,270 in March 2019, missing market expectations of a 3.3 percent gain. Arrivals were likely affected by the timing of the Easter holiday and the mosque attacks in Christchurch. Visitors declined from Australia (-12,600), United Kingdom (-4,400), Hong Kong (-2,800), and China (-2,400). Tourist Arrivals in New Zealand averaged 61542.46 from 1921 until 2018, reaching an all time high of 513349 in December of 2017 and a record low of 40 in April of 1942.
Tourist Arrivals in New Zealand is expected to be 380000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Tourist Arrivals in New Zealand to stand at 525000.00 in 12 months time. In the long-term, the New Zealand Tourist Arrivals is projected to trend around 530000.00 in 2020, according to our econometric models.