Productivity in New Zealand decreased to 125.77 points in the first quarter of 2020 from 127.91 points in the fourth quarter of 2019.

Productivity in New Zealand averaged 110.64 points from 1987 until 2020, reaching an all time high of 128.24 points in the third quarter of 2019 and a record low of 86.54 points in the third quarter of 1987. This page provides - New Zealand Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Productivity - values, historical data and charts - was last updated on July of 2020. source: Statistics New Zealand

Productivity in New Zealand is expected to be 127.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in New Zealand to stand at 128.50 in 12 months time. In the long-term, the New Zealand Productivity is projected to trend around 129.70 points in 2021 and 131.00 points in 2022, according to our econometric models.

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New Zealand Productivity

Actual Previous Highest Lowest Dates Unit Frequency
125.77 127.91 128.24 86.54 1987 - 2020 points Quarterly
SA, 1995-1996=100

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 Productivity
In New Zealand, Productivity is the real value of output produced by a unit of labor during a certain time.