Wages in New Zealand increased to 31.70 NZD/Hour in the fourth quarter of 2018 from 31.39 NZD/Hour in the third quarter of 2018. Wages in New Zealand averaged 21.18 NZD/Hour from 1989 until 2018, reaching an all time high of 31.70 NZD/Hour in the fourth quarter of 2018 and a record low of 13.07 NZD/Hour in the first quarter of 1989.

Wages in New Zealand is expected to be 31.80 NZD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in New Zealand to stand at 32.35 in 12 months time. In the long-term, the New Zealand Average Hourly Wages is projected to trend around 33.72 NZD/Hour in 2020, according to our econometric models.

New Zealand Average Hourly Wages
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New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 4.00 11.20 3.30 percent [+]
Employed Persons 2664.00 2662.00 2664.00 1499.00 Thousand [+]
Unemployed Persons 120.00 110.00 189.00 69.00 Thousand [+]
Employment Change 0.10 1.00 2.60 -1.80 percent [+]
Labor Force Participation Rate 70.90 71.00 71.00 63.00 percent [+]
Labour Costs 1079.00 1173.00 1173.00 700.00 Index Points [+]
Productivity 122.93 167.16 171.61 117.96 Index Points [+]
Job Vacancies 198.20 193.93 200.70 55.20 Index Points [+]
Job Advertisements 44341.92 46008.12 46008.12 14139.22 [+]
Wages 31.70 31.39 31.70 13.07 NZD/Hour [+]
Wages in Manufacturing 30.00 29.92 30.00 12.44 NZD/Hour [+]
Minimum Wages 17.70 16.50 17.70 10.25 NZD/Hour [+]
Population 4.84 4.75 4.84 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 [+]
Youth Unemployment Rate 14.10 10.30 15.30 10.30 percent [+]
Part Time Employment 546.00 554.00 554.00 264.00 Thousand [+]
Employment Rate 67.80 68.20 68.20 56.40 percent [+]
Full Time Employment 2113.00 2107.00 2113.00 1177.00 Thousand [+]


New Zealand Average Hourly Wages

In New Zealand, wages are benchmarked using average hourly earnings. This page provides - New Zealand Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Average Hourly Wages - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
31.70 31.39 31.70 13.07 1989 - 2018 NZD/Hour Quarterly
Current prices, NSA




Country Last Previous
Argentina 35063.00 Nov/18
Australia 1225.30 Dec/18
Brazil 2285.00 Feb/19
Canada 25.44 Jan/19
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3899.00 Sep/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 296402.00 Feb/19
Mexico 373.60 Feb/19
Russia 45000.00 Mar/19
Singapore 5752.00 Dec/18
South Africa 21190.00 Dec/18
South Korea 3359019.00 Dec/18
Spain 2039.01 Dec/18
Switzerland 6260.00 Dec/17
United Kingdom 529.00 Feb/19
United States 23.24 Mar/19


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