A "melancholic but hopeful anthem", and biggest international hit, reaching 2 on the US
Billboard Hot 100 in April 1987. The song reached No. 1 in Canada and in Finn's native New Zealand, while in Australia, it peaked at No. 8. In Europe, it reached No. 6 in Norway, No. 5 in the Netherlands, No. 13 in West Germany, and No. 25 in the United Kingdom. At the
1986 Countdown Australian Music Awards, the song was nominated for three awards, winning Best Video. In May 2001, the
Australasian Performing Right Association (APRA) ranked "Don't Dream It's Over" second on its list of the Top 100 New Zealand songs of all time and seventh on its list of the Top 100 Australian songs of all time. In January 2018, as part of
Triple M's "Ozzest 100", the 'most Australian' songs of all time, "Don't Dream It's Over" was ranked number 65. In 2025 the song was voted 5th in the
Triple J Hottest 100 of Australian Songs.
AllMusic described the song as a "majestic
ballad".
Cash Box said: "The easy going and pretty song camouflages a pained longing. Neil Finn's voice, recognisable from his stint with
Split Enz, is reedy and expressive and full of irony." In 2025, Neil Crossley of MusicRadar.com wrote that "Don't Dream It's Over" "traverses genres and generations. It is also a masterpiece of the songwriting craft which, 40 years since its release, resonates as strongly as ever". ==Music video==