Productivity in New Zealand increased to 128.24 points in the third quarter of 2019 from 126.60 points in the second quarter of 2019.

Productivity in New Zealand averaged 110.39 points from 1987 until 2019, 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. source: Statistics New Zealand

Productivity in New Zealand is expected to be 168.91 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 168.96 in 12 months time. In the long-term, the New Zealand Productivity is projected to trend around 168.98 points in 2020, according to our econometric models.


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New Zealand Productivity

Actual Previous Highest Lowest Dates Unit Frequency
128.24 126.60 128.24 86.54 1987 - 2019 points Quarterly
SA, 1995-1996=100

New Zealand Productivity
In New Zealand, Productivity is the real value of output produced by a unit of labor during a certain time.

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 [+]