Wages in New Zealand increased to 32.42 NZD/Hour in the second quarter of 2019 from 32.04 NZD/Hour in the first quarter of 2019. Wages in New Zealand averaged 21.36 NZD/Hour from 1989 until 2019, reaching an all time high of 32.42 NZD/Hour in the second quarter of 2019 and a record low of 13.07 NZD/Hour in the first quarter of 1989.

Wages in New Zealand is expected to be 31.93 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
width
height
 Preview
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.20 11.20 3.30 percent [+]
Employed Persons 2680.00 2658.00 2680.00 1499.00 Thousand [+]
Unemployed Persons 109.00 115.00 189.00 69.00 Thousand [+]
Employment Change 0.80 -0.20 2.60 -1.80 percent [+]
Labor Force Participation Rate 70.40 70.40 71.00 63.00 percent [+]
Labour Costs 1192.00 1184.00 1192.00 698.00 Index Points [+]
Productivity 124.27 123.02 126.86 86.54 Index Points [+]
Job Vacancies 200.05 202.20 203.22 55.20 Index Points [+]
Wages 32.42 32.04 32.42 13.07 NZD/Hour [+]
Wages in Manufacturing 30.68 30.64 30.68 12.44 NZD/Hour [+]
Minimum Wages 17.70 16.50 17.70 10.25 NZD/Hour [+]
Population 4.93 4.84 4.93 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 10.30 13.10 15.30 10.20 percent [+]
Part Time Employment 537.00 527.00 554.00 264.00 Thousand [+]
Employment Rate 67.70 67.50 68.20 56.40 percent [+]
Full Time Employment 2147.00 2130.00 2147.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
32.42 32.04 32.42 13.07 1989 - 2019 NZD/Hour Quarterly
Current prices, NSA




Country Last Previous
Argentina 40911.00 Apr/19
Australia 1237.90 Jun/19
Brazil 2290.00 Jun/19
Canada 25.60 May/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 560430.00 Jun/19
Mexico 376.63 Jun/19
Russia 49840.00 Jun/19
Singapore 6005.00 Mar/19
South Africa 20855.00 Mar/19
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 538.00 Jun/19
United States 23.46 Jul/19


Related
Latest