Minimum Wages in New Zealand increased to 17.70 NZD/Hour in 2019 from 16.50 NZD/Hour in 2018. New Zealand Gross Minimum Hourly Wage - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Minimum Wages in New Zealand averaged 13.80 NZD/Hour from 2006 until 2019, reaching an all time high of 17.70 NZD/Hour in 2019 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. source: Ministry of Business, Innovation and Employment
Minimum Wages in New Zealand is expected to reach 19.80 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 21.50 NZD/Hour in 2021, according to our econometric models.