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 July 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.

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New Zealand Gross Minimum Hourly Wage

Actual Previous Highest Lowest Dates Unit Frequency
18.90 17.70 18.90 10.25 2006 - 2020 NZD/Hour Yearly

New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 4.00 11.20 3.30 percent [+]
Employed Persons 2661.00 2643.00 2661.00 1499.00 Thousand [+]
Unemployed Persons 116.00 111.00 189.00 69.00 Thousand [+]
Employment Change 0.70 0.10 2.50 -1.80 percent [+]
Labor Force Participation Rate 70.40 70.10 70.90 63.00 percent [+]
Labour Costs 1217.00 1211.00 1217.00 699.62 points [+]
Productivity 125.77 127.91 128.24 86.54 points [+]
Job Vacancies 171.86 191.05 196.57 55.20 points [+]
Wages 33.20 32.83 33.20 13.07 NZD/Hour [+]
Wages in Manufacturing 31.23 30.78 31.23 12.44 NZD/Hour [+]
Minimum Wages 18.90 17.70 18.90 10.25 NZD/Hour [+]
Population 4.95 4.88 4.95 2.37 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Part Time Employment 530.00 519.00 555.00 264.00 Thousand [+]
Full Time Employment 2131.00 2130.00 2147.00 1177.00 Thousand [+]
Employment Rate 67.50 67.30 68.00 56.40 percent [+]
Youth Unemployment Rate 14.00 11.70 15.30 10.30 percent [+]


New Zealand Gross Minimum Hourly Wage
In New Zealand, minimum wage refers to the lowest gross wage per hour and normally is increased every year. In 2014 54,600 New Zealanders workers were under the minimum wage.