World
Counting sheep: New Zealand's sheep-to-human ratio has dropped

Counting sheep: New Zealand's sheep-to-human ratio has dropped

The fallen flock

New Zealand’s famed sheep-to-human ratio fell to a new low in 2022, dropping under 5:1 for the first time since national flock figures were first recorded in the 1850s — some way down from when the wooly creatures would regularly outnumber humans by over 20x in the nation.

Last year, the number of sheep in New Zealand fell to 25.3 million, a ~400k drop from the year before, while its (human) population experienced growth not seen since before the pandemic. This is semi-concerning news for anyone whose knowledge of New Zealand largely centers around this trivia, Lord of the Rings filming locations, Jacinda Ardern, and the All Blacks.

Counting sheep

However, a chief from the organization behind the latest data was quick to point out that the nation still retains its world-leading status on the measure, noting that “Australia currently has three times as many sheep… though their ratio is only around three sheep to every Aussie”.

New Zealand was in its peak-sheep era in the early 1980s, when the wooly number sat at 70 million and the human population was around 3.2 million. At the height of the ratio, there were enough for New Zealanders to shepherd flocks of over 22 each. With the wool industry in decline for decades — the price nearly halved from 2013-21 — farmers are reportedly looking to the greener pastures of forestry to make money, cutting the ratio dramatically.

More World

See all World
Six themes cover GIF

Charting six major trends to keep watching in 2026

We’ve made a lot of charts this year — here are some of the biggest trends of 2025 and where we think they might go in the 12 months ahead. And no, it’s not just about AI.

world

Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.