Total overseas visitor arrivals in New Zealand went up by 23,500 or 8.3 percent year-on-year to 307,400 in April 2019, beating market expectations of a 3.3 percent gain. Biggest gains were seen in arrivals from Australia (+21,000), the UK (+3500), Hong Kong (+2000), and the US (+1600). In contrast, visitors declined from China (-9,900), South Korea (-1,000) and India (-770). Arrivals for the year ended April 2019 were 3.89 million, up 99,400 from the year ended April 2018. Tourist Arrivals in New Zealand averaged 64221.08 from 1921 until 2019, reaching an all time high of 529255 in December of 2018 and a record low of 40 in April of 1942.
Tourist Arrivals in New Zealand is expected to be 250000.00 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 360000.00 in 12 months time. In the long-term, the New Zealand Tourist Arrivals is projected to trend around 540000.00 in 2020, according to our econometric models.