Productivity in New Zealand increased to 132.01 points in the second quarter of 2021 from 129.63 points in the first quarter of 2021. source: Statistics New Zealand

Productivity in New Zealand averaged 111.27 points from 1987 until 2021, reaching an all time high of 132.01 points in the second quarter of 2021 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. New Zealand Productivity - values, historical data and charts - was last updated on September of 2021.

Productivity in New Zealand is expected to be 128.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Productivity is projected to trend around 131.00 points in 2022, according to our econometric models.

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New Zealand Productivity

Actual Previous Highest Lowest Dates Unit Frequency
132.01 129.63 132.01 86.54 1987 - 2021 points Quarterly
SA, 1995-1996=100

New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 4.70 11.20 3.40 percent [+]
Employed Persons 2778.00 2750.00 2778.00 1499.00 Thousand [+]
Unemployed Persons 117.00 135.00 189.00 69.00 Thousand [+]
Employment Change 1.00 0.60 2.60 -1.80 percent [+]
Labor Force Participation Rate 70.50 70.40 71.20 63.00 percent [+]
Labour Costs 1244.00 1235.00 1244.00 699.62 points [+]
Productivity 132.01 129.63 132.01 86.54 points [+]
Job Vacancies 256.10 172.36 256.10 55.20 index points [+]
Wages 34.80 34.55 34.80 13.07 NZD/Hour [+]
Wages in Manufacturing 32.58 32.34 32.58 12.44 NZD/Hour [+]
Minimum Wages 20.00 18.90 20.00 10.25 NZD/Hour [+]
Population 5.11 4.95 5.11 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 [+]
Full Time Employment 2216.00 2194.00 2216.00 1177.00 Thousand [+]
Part Time Employment 564.00 555.00 564.00 264.00 Thousand [+]
Employment Rate 67.10 66.80 68.20 56.40 percent [+]
Youth Unemployment Rate 10.92 12.46 15.30 10.30 percent [+]


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