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.