IVS commentary

Year to December 2016

International visitor spend now stands at $10.1 billion, growing by 4 percent in the December 2016 year, shown by the latest International Visitor Survey released today by the Ministry of Business, Innovation and Employment (MBIE).

After a period of very rapid growth, international visitor spend continues to stabilise.

Performance across major markets and purposes of visit has been mixed. The Chinese market has shown a slight decline (down 1 per cent to $1.7 billion) while the South Korean market (up 82 percent to $299 million) and holiday / vacation visitor spend (up 10 percent to $6.4 billion) have shown significant growth in the December 2016 year.

[image] International visitors to New Zealand expenditure

Click on the image to view a full size version.

Chinese visitor spend has shown a slight decrease in this period and South Korea is now the largest contributor to economic growth - increasing $135 million in the December 2016 year. Australia - currently New Zealand’s largest tourism market - has been flat, up only 2 percent to $2.5 billion.

The International Visitor Survey is based on results from approximately 8,450 visitors departing New Zealand airports, with data released quarterly.

Summary statistics are available in the IVS key data table.

All survey estimates are subject to sampling uncertainty, and hence the IVS key data table indicates statistically significant changes in red (decreases) and green (increases) font. Further details, including relative margins of error for the most common combinations of variables, are available on the IVS data reliability page.

 

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