Wages in New Zealand increased to 33.20 NZD/Hour in the first quarter of 2020 from 32.83 NZD/Hour in the fourth quarter of 2019.
Wages in New Zealand averaged 21.64 NZD/Hour from 1989 until 2020, reaching an all time high of 33.20 NZD/Hour in the first quarter of 2020 and a record low of 13.07 NZD/Hour in the first quarter of 1989. This page provides - New Zealand Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Average Hourly Wages - values, historical data and charts - was last updated on July of 2020. source: Statistics New Zealand
Wages in New Zealand is expected to be 31.93 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 32.35 in 12 months time. In the long-term, the New Zealand Average Hourly Wages is projected to trend around 33.06 NZD/Hour in 2021 and 33.72 NZD/Hour in 2022, according to our econometric models.