Wages in New Zealand increased to 31.39 NZD/Hour in the third quarter of 2018 from 31.08 NZD/Hour in the second quarter of 2018. Wages in New Zealand averaged 21.09 NZD/Hour from 1989 until 2018, reaching an all time high of 31.39 NZD/Hour in the third quarter of 2018 and a record low of 13.07 NZD/Hour in the first quarter of 1989.

Wages in New Zealand is expected to be 31.57 NZD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in New Zealand to stand at 32.18 in 12 months time. In the long-term, the New Zealand Average Hourly Wages is projected to trend around 33.72 NZD/Hour in 2020, according to our econometric models.

New Zealand Average Hourly Wages
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New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.40 11.20 3.30 percent [+]
Employed Persons 2663.00 2633.00 2663.00 1499.00 Thousand [+]
Unemployed Persons 109.00 122.00 189.00 69.00 Thousand [+]
Employment Change 1.10 0.50 2.50 -1.80 percent [+]
Labor Force Participation Rate 71.10 70.90 71.10 63.00 percent [+]
Labour Costs 1174.00 1168.00 1174.00 700.00 Index Points [+]
Productivity 168.99 167.97 171.61 117.96 Index Points [+]
Job Vacancies 194.99 191.07 200.70 55.20 Index Points [+]
Job Advertisements 46008.12 45508.88 46008.12 14139.22 [+]
Wages 31.39 31.08 31.39 13.07 NZD/Hour [+]
Wages in Manufacturing 29.92 29.37 29.92 12.44 NZD/Hour [+]
Minimum Wages 16.50 15.75 16.50 10.25 NZD/Hour [+]
Population 4.84 4.75 4.84 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 10.90 12.40 15.30 10.30 percent [+]
Part Time Employment 554.00 545.00 554.00 264.00 Thousand [+]
Employment Rate 68.30 67.80 68.30 56.40 percent [+]
Full Time Employment 2107.00 2093.00 2107.00 1177.00 Thousand [+]


New Zealand Average Hourly Wages

In New Zealand, wages are benchmarked using average hourly earnings. This page provides - New Zealand Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Average Hourly Wages - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
31.39 31.08 31.39 13.07 1989 - 2018 NZD/Hour Quarterly
Current prices, NSA




Country Last Previous
Argentina 31437.00 Aug/18
Australia 1207.40 Jun/18
Brazil 2230.00 Oct/18
Canada 25.24 Sep/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 304414.00 Oct/18
Mexico 350.62 Oct/18
Russia 42000.00 Oct/18
Singapore 4962.00 Sep/18
South Africa 20860.00 Sep/18
South Korea 3737254.00 Sep/18
Spain 1951.81 Jun/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 528.00 Oct/18
United States 22.95 Nov/18


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