Wages in New Zealand increased to 38.30 NZD/Hour in the fourth quarter of 2022 from 37.93 NZD/Hour in the third quarter of 2022. source: Statistics New Zealand

Wages in New Zealand averaged 22.75 NZD/Hour from 1989 until 2022, reaching an all time high of 38.30 NZD/Hour in the fourth quarter of 2022 and a record low of 13.03 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 February of 2023.

Wages in New Zealand is expected to be 37.76 NZD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Average Hourly Wages is projected to trend around 40.83 NZD/Hour in 2024 and 41.73 NZD/Hour in 2025, according to our econometric models.

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New Zealand Average Hourly Wages

Related Last Previous Unit Reference
Unemployment Rate 3.40 3.30 percent Dec 2022
Unemployed Persons 99.00 97.00 Thousand Dec 2022
Employed Persons 2855.00 2851.00 Thousand Dec 2022
Employment Change 0.20 1.30 percent Dec 2022
Labor Force Participation Rate 71.70 71.70 percent Dec 2022
Labour Costs 1320.00 1305.00 points Dec 2022
Productivity 132.02 129.80 points Sep 2022
Wages 38.30 37.93 NZD/Hour Dec 2022
Wages in Manufacturing 36.15 36.21 NZD/Hour Dec 2022
Population 5.12 5.10 Million Dec 2021
Employment Rate 69.30 69.30 percent Dec 2022
Youth Unemployment Rate 9.01 9.10 percent Sep 2022
Part Time Employment 554.00 525.00 Thousand Sep 2022
Full Time Employment 2293.00 2297.00 Thousand Sep 2022

New Zealand Average Hourly Wages
In New Zealand, wages are benchmarked using average hourly earnings.
Actual Previous Highest Lowest Dates Unit Frequency
38.30 37.93 38.30 13.03 1989 - 2022 NZD/Hour Quarterly
Current prices, NSA