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Kiwibank forecasts a net gain of 36,000 migrants in 2023

Author
Newstalk ZB,
Publish Date
Thu, 1 Dec 2022, 7:34PM
(Photo / File)
(Photo / File)

Kiwibank forecasts a net gain of 36,000 migrants in 2023

Author
Newstalk ZB,
Publish Date
Thu, 1 Dec 2022, 7:34PM

According to data from Kiwibank, net migration figures are expected to go up by the end of 2023.

Kiwibank is forecasting a 'significant' net gain of 36,000 migrants entering the country by next year.

Kiwibank Senior Economist Jeremy Couchman was surprised by this data, as it is a larger figure than he expected. Despite this, it's still not as high as New Zealand's pre-COVID migration statistics.

Jeremy Couchman also says that these figures will need to stay consistent over the next few years in order to balance out our ageing population and worker shortage.

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