Minimum Wages in New Zealand increased to 23.95 NZD/Hour in 2026 from 23.50 NZD/Hour in 2025. Minimum Wages in New Zealand averaged 16.50 NZD/Hour from 2006 until 2026, reaching an all time high of 23.95 NZD/Hour in 2026 and a record low of 10.25 NZD/Hour in 2006. source: Ministry of Business, Innovation and Employment

Minimum Wages in New Zealand is expected to reach 24.00 NZD/Hour by the end of 2026, 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 24.00 NZD/Hour in 2027 and 24.50 NZD/Hour in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 2889.00 2885.00 Thousand Mar 2026
Employment Change 0.20 0.50 percent Mar 2026
Employment Rate 66.70 66.70 percent Mar 2026
Full Time Employment 2303.00 2300.00 Thousand Mar 2026
Job Vacancies 168.30 138.60 index points Mar 2026
Participation Rate 70.40 70.50 percent Mar 2026
Labour Costs Index 1450.00 1443.00 points Mar 2026
Minimum Wages 23.95 23.50 NZD/Hour Apr 2026
Part Time Employment 588.00 585.00 Thousand Mar 2026
Population 5.34 5.31 Million Dec 2025
Productivity 1376.00 1385.00 points Dec 2024
Retirement Age Men 65.00 65.00 Years Dec 2026
Retirement Age Women 65.00 65.00 Years Dec 2026
Unemployed Persons 163.00 165.00 Thousand Mar 2026
Unemployment Rate 5.30 5.40 percent Mar 2026
Labour Costs Index YoY 2.00 2.00 percent Mar 2026
Wages 44.20 44.08 NZD/Hour Mar 2026
Wages in Manufacturing 40.66 40.54 NZD/Hour Mar 2026
Youth Unemployment Rate 15.90 13.50 percent Mar 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
23.95 23.50 23.95 10.25 2006 - 2026 NZD/Hour Yearly