New Zealand Labour Costs  1992-2018 | Data | Chart | Calendar | Forecast

New Zealand's annual wage inflation, as measured by the labor cost index, climbed 1.8 percent in the fourth quarter of 2017, matching the advance in the previous period. Private sector wages rose by 1.9 percent (vs +1.9 percent in the previous quarter) and the growth of public sector wages was recorded at 1.5 percent (vs +1.5 percent). On a quarterly basis, wages increased by 0.4 percent, down from a 0.6 percent climb in the third quarter. Labour Costs in New Zealand averaged 906.17 Index Points from 1992 until 2017, reaching an all time high of 1158 Index Points in the fourth quarter of 2017 and a record low of 699.62 Index Points in the fourth quarter of 1992.

New Zealand Labour Costs
width
height
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.



New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.60 11.20 3.30 percent [+]
Employed Persons 2605.00 2593.00 2605.00 1499.00 Thousand [+]
Unemployed Persons 122.00 126.00 189.00 69.00 Thousand [+]
Employment Change 0.50 2.20 2.50 -1.80 percent [+]
Labor Force Participation Rate 71.00 71.10 71.10 63.00 percent [+]
Labour Costs 1158.00 1153.00 1158.00 699.62 Index Points [+]
Productivity 167.98 166.68 171.61 117.96 Index Points [+]
Job Vacancies 199.44 199.01 200.70 55.20 Index Points [+]
Job Advertisements 44192.14 42702.75 44192.14 14139.40 [+]
Wages 30.74 30.51 30.74 13.07 NZD/Hour [+]
Wages in Manufacturing 29.24 29.11 3382.74 28.21 NZD Million/Quarter [+]
Minimum Wages 16.50 15.75 16.50 10.25 NZD/Hour [+]
Population 4.75 4.65 4.75 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 11.20 11.20 15.30 10.30 percent [+]
Part Time Employment 552.00 555.00 555.00 264.00 Thousand [+]
Employment Rate 67.80 67.80 67.80 56.40 percent [+]
Full Time Employment 2050.00 2038.00 2050.00 1177.00 Thousand [+]


New Zealand Labour Costs

Labour cost index measures changes in labour costs. These costs include base salary and ordinary-time wage rates, overtime wage rates, and non-wage labour-related costs including annual leave and statutory holidays, superannuation, ACC employer premiums, medical insurance, motor vehicles available for private use and low-interest loans. This page provides - New Zealand Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Labour Costs - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1158.00 1153.00 1158.00 699.62 1992 - 2017 Index Points Quarterly
NSA, 2009Q2=1000




labour costs by Country
Country Last
Australia 100.50 Sep/17
Brazil 126.71 Jan/18
Canada 114.90 Sep/17
China 104.50 Dec/17
Euro Area 104.20 Sep/17
France 107.40 Sep/17
Germany 113.00 Dec/17
Italy 106.70 Sep/17
Mexico 105.10 Dec/17
Netherlands 98.50 Sep/17
South Korea 145.80 Sep/17
Spain 96.60 Sep/17
Turkey 240.32 Sep/17
United Kingdom 104.90 Sep/17
United States 108.93 Dec/17


Related

Latest