Minimum Wages in New Zealand increased to 17.70 NZD/Hour in 2019 from 16.50 NZD/Hour in 2018.

Minimum Wages in New Zealand averaged 13.80 NZD/Hour from 2006 until 2019, reaching an all time high of 17.70 NZD/Hour in 2019 and a record low of 10.25 NZD/Hour in 2006. This page provides - New Zealand Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Ministry of Business, Innovation and Employment

Minimum Wages in New Zealand is expected to be 17.70 NZD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Gross Minimum Hourly Wage is projected to trend around 21.50 NZD/Hour in 2020, according to our econometric models.


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New Zealand Gross Minimum Hourly Wage

Actual Previous Highest Lowest Dates Unit Frequency
17.70 16.50 17.70 10.25 2006 - 2019 NZD/Hour Yearly

New Zealand Gross Minimum Hourly Wage
In New Zealand, minimum wage refers to the lowest gross wage per hour and normally is increased every year. In 2014 54,600 New Zealanders workers were under the minimum wage.

New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 3.90 11.20 3.30 percent [+]
Employed Persons 2641.00 2635.00 2641.00 1499.00 Thousand [+]
Unemployed Persons 115.00 108.00 189.00 69.00 Thousand [+]
Employment Change 0.20 0.80 2.50 -1.80 percent [+]
Labor Force Participation Rate 70.40 70.30 70.90 63.00 percent [+]
Labour Costs 1202.00 1193.00 1202.00 699.62 points [+]
Productivity 128.24 126.60 128.24 86.54 points [+]
Job Vacancies 193.10 192.54 196.57 55.20 points [+]
Wages 32.71 32.42 32.71 13.07 NZD/Hour [+]
Wages in Manufacturing 31.02 30.68 31.02 12.44 NZD/Hour [+]
Minimum Wages 17.70 16.50 17.70 10.25 NZD/Hour [+]
Population 4.93 4.84 4.93 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 10.60 10.30 15.30 10.30 percent [+]
Part Time Employment 520.00 537.00 555.00 264.00 Thousand [+]
Employment Rate 67.50 67.50 68.00 56.40 percent [+]
Full Time Employment 2120.00 2147.00 2147.00 1177.00 Thousand [+]