Wages in New Zealand increased to 34.55 NZD/Hour in the first quarter of 2021 from 34.20 NZD/Hour in the fourth quarter of 2020. source: Statistics New Zealand
Wages in New Zealand averaged 22.02 NZD/Hour from 1989 until 2021, reaching an all time high of 34.55 NZD/Hour in the first quarter of 2021 and a record low of 13.07 NZD/Hour in the first quarter of 1989. This page provides - New Zealand Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Average Hourly Wages - values, historical data and charts - was last updated on August of 2021.
Wages in New Zealand is expected to be 34.65 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 35.20 in 12 months time. In the long-term, the New Zealand Average Hourly Wages is projected to trend around 36.00 NZD/Hour in 2022 and 36.70 NZD/Hour in 2023, according to our econometric models.