Productivity in New Zealand decreased to 113.55 points in the second quarter of 2020 from 125.77 points in the first quarter of 2020. source: Statistics New Zealand

Productivity in New Zealand averaged 110.67 points from 1987 until 2020, reaching an all time high of 128.24 points in the third quarter of 2019 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 October of 2020.

Productivity in New Zealand is expected to be 126.50 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 128.20 in 12 months time. In the long-term, the New Zealand Productivity is projected to trend around 129.00 points in 2021 and 131.00 points in 2022, according to our econometric models.

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New Zealand Productivity

Actual Previous Highest Lowest Dates Unit Frequency
113.55 125.77 128.24 86.54 1987 - 2020 points Quarterly
SA, 1995-1996=100

New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 4.20 11.20 3.30 percent [+]
Employed Persons 2665.00 2661.00 2665.00 1499.00 Thousand [+]
Unemployed Persons 111.00 116.00 189.00 69.00 Thousand [+]
Employment Change -0.40 1.00 2.50 -1.80 percent [+]
Labor Force Participation Rate 69.70 70.50 70.90 63.00 percent [+]
Labour Costs 1218.00 1215.00 1218.00 699.62 points [+]
Productivity 113.55 125.77 128.24 86.54 points [+]
Job Vacancies 102.84 171.86 196.57 55.20 points [+]
Wages 33.37 33.20 33.37 13.07 NZD/Hour [+]
Wages in Manufacturing 31.34 31.23 31.34 12.44 NZD/Hour [+]
Minimum Wages 18.90 17.70 18.90 10.25 NZD/Hour [+]
Population 4.95 4.88 4.95 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 2133.00 2131.00 2147.00 1177.00 Thousand [+]
Part Time Employment 538.00 530.00 555.00 264.00 Thousand [+]
Employment Rate 67.50 67.30 68.00 56.40 percent [+]
Youth Unemployment Rate 14.00 11.70 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.