Tourism set to grow 4% annually to 2025, spending to reach $15B

Tourism set to grow 4% annually to 2025, spending to reach $15B
Jenny Ruth
By Jenny Ruth May 16 (BusinessDesk) - International tourist arrivals in New Zealand should grow 4 percent a year between now and 2025 and reach 5.1 million visitors in 2025. That’s up from 3.9 million visitors in 2018, according to figures from the Ministry of Business, Innovation and Employment. “Total international spend is expected to reach $15 billion, excluding international airfares and education,” MBIE says. “This is an increase of 34 percent from 2018 when it was $11.2 billion.” MBIE says the growth will be driven in the...

More Economy

RBNZ cuts OCR to 2.5%
Economy

RBNZ cuts OCR to 2.5%

RBNZ says its open to cutting more if necessary. 

Adrian Orr’s exit deal imposed gag on mutual RBNZ criticism
Economy

Adrian Orr’s exit deal imposed gag on mutual RBNZ criticism

The restraint of trade payment was to protect confidential information. 

Forecasts point to 25bps OCR cut, but 50bps still in play
Economy

Forecasts point to 25bps OCR cut, but 50bps still in play

Tepid business confidence adds to calls for 50bps cut. 

RBNZ creates new committee to rule over financial stability
Economy

RBNZ creates new committee to rule over financial stability

The new committee will include board members and two externals. 

Rebecca Howard 07 Oct 2025