Minimum Wages in New Zealand increased to 18.90 NZD/Hour in 2020 from 17.70 NZD/Hour in 2019.
Minimum Wages in New Zealand averaged 14.14 NZD/Hour from 2006 until 2020, reaching an all time high of 18.90 NZD/Hour in 2020 and a record low of 10.25 NZD/Hour in 2006. This page provides - New Zealand Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Gross Minimum Hourly Wage - values, historical data and charts - was last updated on October of 2020. source: Ministry of Business, Innovation and Employment
Minimum Wages in New Zealand is expected to reach 18.90 NZD/Hour by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Gross Minimum Hourly Wage is projected to trend around 20.10 NZD/Hour in 2021 and 21.30 NZD/Hour in 2022, according to our econometric models.