Total overseas visitor arrivals in New Zealand went up by 13,100 or 4.8 percent from the previous year to 283,568 in October 2018. Biggest gains were seen in arrivals from Australia (up 9,936 or 9.7 percent) and the US (up 3,120 or 14.4 percent) while the largest declines were registered from Korea (down 2,208 or 24.7 percent) and China (down 1,600 or 4.8 percent). Also, arrivals from Argentina fell by 336 or 23.3 percent as the country faces a sharp currency depreciation and economic contraction, while visitors from Taiwan decreased by 752 or 22.6 percent. 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 550000.00 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 250000.00 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.