Migrants are continuing to flood into the country, with the biggest net gain of immigrants for over 10 years recorded in January.
Statistics New Zealand said the country had a seasonally adjusted net gain (more arrivals than departures) of 3100 migrants in January 2014. This was the highest gain since the 3400 recorded in May 2003.
And the continuing inflow means that New Zealand had a net gain of 25,700 migrants in the year to January, which is the biggest 12-month inflow since the April 2004 year, when the figure was also 25,700.
If you add up the seasonally-adjusted net inflows in the past four months this gives an average gain of 2922 people a month. If such a rate were to be maintained this year we would be looking at annual increases in the order of 35,000 people, which is starting to get up toward historic highs.
A large proportion of migrants tend to settle in the country's largest city Auckland, so the growing inflows might be expected to put further pressure on Auckland's constrained housing market and its house prices.
The strong gains in net migration are coming principally because more Kiwis are staying at home and not crossing the ditch to Australia, but there are also increasing numbers of people coming in from overseas as well.
Stats NZ said net migration had been positive and mostly increasing since September 2012.
In the January 2014 year, migrant arrivals numbered 95,200, and migrant departures numbered 69,500, resulting in the net gain of 25,700 migrants. This compares with net migration of zero in the January 2013 year.
In the latest year, New Zealand had a net loss of 17,100 migrants to Australia, well down from 37,900 a year earlier. Net gains were recorded from most other countries, led by the United Kingdom (6,000), China (5,700), and India (5,600).
In detailed crunching of the numbers, Stats NZ said unadjusted figures showed that 95,200 migrants arrived in the January 2014 year, up 11% from the January 2013 year (85,700).
Migrant departures numbered 69,500, down 19% from the previous year (85,600). This resulted in the net gain of 25,700 migrants in the January 2014 year, compared with net migration of zero in the January 2013 year.
The highest net inflow ever recorded was 42,500 in the May 2003 year. The highest net outflow was 43,600 in the July 1979 year. Over the last 20 years (December 1994–2013 years), New Zealand's annual net inflow of migrants has averaged 11,700.
The net loss of 17,100 people to Australia in the January 2014 year was well down from the loss of 37,900 in the January 2013 year. The latest year's loss resulted from 37,200 departures to Australia (down from 53,100 in the January 2013 year), partly offset by 20,100 arrivals (up from 15,100). In both directions, most migrants were New Zealand citizens.
There were net gains of migrants from most other countries in the January 2014 year, led by:
- the United Kingdom (6,000)
- China (5,700)
- India (5,600)
- the Philippines (2,400)
- Germany (2,300).
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