Productivity in New Zealand decreased to 128.75 points in the fourth quarter of 2020 from 133 points in the third quarter of 2020. source: Statistics New Zealand

Productivity in New Zealand averaged 110.97 points from 1987 until 2020, reaching an all time high of 133 points in the third quarter of 2020 and a record low of 86.54 points in the third quarter of 1987. This page provides - New Zealand Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Productivity - values, historical data and charts - was last updated on May of 2021.

Productivity in New Zealand is expected to be 127.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in New Zealand to stand at 129.00 in 12 months time. In the long-term, the New Zealand Productivity is projected to trend around 131.00 points in 2022, according to our econometric models.

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New Zealand Productivity

Actual Previous Highest Lowest Dates Unit Frequency
128.75 133.00 133.00 86.54 1987 - 2020 points Quarterly
SA, 1995-1996=100

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 128.75 133.00 133.00 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 Productivity
In New Zealand, Productivity is the real value of output produced by a unit of labor during a certain time.