Minimum Wages in New Zealand increased to 20 NZD/Hour in 2021 from 18.90 NZD/Hour in 2020. source: Ministry of Business, Innovation and Employment

Minimum Wages in New Zealand averaged 14.51 NZD/Hour from 2006 until 2021, reaching an all time high of 20 NZD/Hour in 2021 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 2021.

Minimum Wages in New Zealand is expected to reach 20.00 NZD/Hour by the end of 2021, 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 21.30 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
20.00 18.90 20.00 10.25 2006 - 2021 NZD/Hour Yearly

New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 4.90 11.20 3.40 percent [+]
Employed Persons 2750.00 2734.00 2750.00 1499.00 Thousand [+]
Unemployed Persons 135.00 141.00 189.00 69.00 Thousand [+]
Employment Change 0.60 0.60 2.60 -1.80 percent [+]
Labor Force Participation Rate 70.40 70.20 71.20 63.00 percent [+]
Labour Costs 1235.00 1230.00 1235.00 699.62 points [+]
Productivity 129.63 128.55 131.27 86.54 points [+]
Job Vacancies 172.36 161.28 180.70 55.20 index points [+]
Wages 34.55 34.20 34.55 13.07 NZD/Hour [+]
Wages in Manufacturing 32.34 32.19 32.34 12.44 NZD/Hour [+]
Minimum Wages 20.00 18.90 20.00 10.25 NZD/Hour [+]
Population 5.11 4.95 5.11 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 [+]
Full Time Employment 2194.00 2197.00 2203.00 1177.00 Thousand [+]
Part Time Employment 555.00 534.00 555.00 264.00 Thousand [+]
Employment Rate 67.10 66.80 68.20 56.40 percent [+]
Youth Unemployment Rate 12.46 13.67 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.