Key information about New Zealand Monthly Earnings

• New Zealand Monthly Earnings stood at 3,902 USD in Dec 2024, compared with the previous figure of 3,962 USD in Sep 2024
• New Zealand Monthly Earnings data is updated quarterly, available from Mar 1989 to Dec 2024, with an average number of 2,275 USD
• The data reached the an all-time high of 3,962 USD in Sep 2024 and a record low of 1,117 USD in Dec 2000

CEIC calculates Monthly Earnings from Average Weekly Earnings multiplied by 4 and converts it into USD. Stats NZ provides Average Weekly Earnings in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Average Weekly Earnings are calculated by dividing earnings by the number of full-time equivalent employees, taking into account their hours of workload.


Further information about New Zealand Monthly Earnings

• In the latest reports, New Zealand Population reached 5 million people in Dec 2024
• Unemployment Rate of New Zealand increased to 5 % in Dec 2024
• The country's Labour Force Participation Rate increased to 71 % in Dec 2024

Key information about New Zealand Household Income per Capita

• New Zealand Annual Household Income per Capita reached 30,529.095 USD in Jun 2024, compared with the previous value of 28,969.713 USD in Jun 2023.
• New Zealand Annual Household Income per Capita data is updated yearly, available from Jun 2007 to Jun 2024, with an averaged value of 24,380.121 USD.
• The data reached an all-time high of 30,529.095 USD in Jun 2024 and a record low of 16,283.555 USD in Jun 2009.
• In the latest reports, Retail Sales of New Zealand grew 0.362 % YoY in Dec 2024.

CEIC calculates Annual Household Income per Capita from Average Household Income, Number of Households and Total Population and converts it into USD. Stats NZ provides Average Household Income in local currency, Number of Households and Total Population. Federal Reserve Board average market exchange rate is used for currency conversions.

Wages in New Zealand increased to 42.85 NZD/Hour in the first quarter of 2025 from 42.64 NZD/Hour in the fourth quarter of 2024. This dataset provides - New Zealand Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2019, Europeans in New Zealand earned a median of ***** New Zealand dollars per week from wages or salaries. In comparison, Pacific people earned around *** New Zealand dollars per week.

New Zealand Average Weekly Earnings: Male: Ordinary Time data was reported at 1,753.990 NZD in Mar 2025. This records an increase from the previous number of 1,742.270 NZD for Dec 2024. New Zealand Average Weekly Earnings: Male: Ordinary Time data is updated quarterly, averaging 922.110 NZD from Mar 1989 (Median) to Mar 2025, with 145 observations. The data reached an all-time high of 1,753.990 NZD in Mar 2025 and a record low of 519.470 NZD in Mar 1989. New Zealand Average Weekly Earnings: Male: Ordinary Time data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.G064: Average Weekly Earnings: QEM.

In 2021, the median hourly earnings for men in New Zealand increased by *** percent compared to the previous year. In the same year, the median hourly earnings for women increased at a similar rate.

In 2024, the gender pay gap in New Zealand was *** percent. This was a decrease from the previous year, where the gender pay gap stood at *** percent.
Wage differences among New Zealanders The highest wage difference between in New Zealand in 2024, was found between male and female professionals, where the female worker earned almost * New Zealand dollars less than their male counterparts. Despite an increase in average hourly earnings between 2018 and 2024, the pay gap remained consistent, with male employees earning ***** New Zealand dollars per hour and female employees earning ***** New Zealand dollars as of June 2024. Women in the workplace Back in 2016, the female to male ratio in professional and technical work environments showed **** female employees for every male employee. Since then, New Zealand’s female workforce has expanded dramatically, peaking to *** million employees in the beginning of 2024. Moreover, a 2018 survey indicated that over *** million women were quite satisfied with their main job.

New Zealand Median Annual Household Disposable Income data was reported at 86,257.000 NZD in 2024. This records an increase from the previous number of 81,945.000 NZD for 2023. New Zealand Median Annual Household Disposable Income data is updated yearly, averaging 60,369.000 NZD from Jun 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 86,257.000 NZD in 2024 and a record low of 43,113.000 NZD in 2007. New Zealand Median Annual Household Disposable Income data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.H026: Annual Household Income.

New Zealand Average Annual Household Gross Income data was reported at 134,599.000 NZD in 2024. This records an increase from the previous number of 126,370.000 NZD for 2023. New Zealand Average Annual Household Gross Income data is updated yearly, averaging 88,777.500 NZD from Jun 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 134,599.000 NZD in 2024 and a record low of 66,458.000 NZD in 2007. New Zealand Average Annual Household Gross Income data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.H026: Annual Household Income.

New Zealand Average Annual Household Disposable Income data was reported at 104,567.000 NZD in 2024. This records an increase from the previous number of 98,878.000 NZD for 2023. New Zealand Average Annual Household Disposable Income data is updated yearly, averaging 72,209.000 NZD from Jun 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 104,567.000 NZD in 2024 and a record low of 51,330.000 NZD in 2007. New Zealand Average Annual Household Disposable Income data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.H026: Annual Household Income.

Wages in Manufacturing in New Zealand increased to 39.49 NZD/Hour in the first quarter of 2025 from 39.36 NZD/Hour in the fourth quarter of 2024. This dataset provides - New Zealand Total Quarterly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This report analyses average weekly gross earnings for all full-time equivalent (FTE) workers over 15 years of age across all industries in New Zealand. Income in this report is defined as current and regular cash payments. It excludes amounts that are salary sacrificed, like the value of cars, phones, laptops and KiwiSaver (Poua he Oranga) contributions. The data for this report is sourced from Statistics New Zealand (Tatauranga Aotearoa) and is measured in financial years.

The Quarterly Employment Survey data provides information about employment, earnings and hours paid at industry and national levels. Data is obtained from economically significant businesses for the reference period of the pay week ending on, or before the 20th of the middle month of the quarter. Use this dataset when wanting to measure the number of filled jobs from a business’s perspective, or when wanting to measure the number of hours businesses pay for.

New Zealand Average Annual Household Equivalised Disposable Income data was reported at 46,218.000 NZD in 2024. This records an increase from the previous number of 44,156.000 NZD for 2023. New Zealand Average Annual Household Equivalised Disposable Income data is updated yearly, averaging 32,513.500 NZD from Jun 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 46,218.000 NZD in 2024 and a record low of 24,526.000 NZD in 2008. New Zealand Average Annual Household Equivalised Disposable Income data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.H026: Annual Household Income.

Wages in New Zealand increased 2.50 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for New Zealand Wage Growth.

New Zealand Average Weekly Earnings: Overtime data was reported at 23.350 NZD in Sep 2018. This records a decrease from the previous number of 27.250 NZD for Jun 2018. New Zealand Average Weekly Earnings: Overtime data is updated quarterly, averaging 23.970 NZD from Mar 1989 (Median) to Sep 2018, with 119 observations. The data reached an all-time high of 35.840 NZD in Mar 1990 and a record low of 18.880 NZD in Sep 2009. New Zealand Average Weekly Earnings: Overtime data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.G038: Average Weekly Earnings & Average Weekly Hours Paid: By Industry: ANZSIC 2006.

The household economic survey (HES) is an annual survey designed to measure the economic wellbeing of New Zealanders. HES has three components: HES income, HES expenditure, and HES net worth. - HES income is the main vehicle, and it is run every year. It includes household income, housing costs, and material wellbeing – this is ‘core’ HES. - HES expenditure includes additional components – an expenditure diary and an expanded household expenditure questionnaire. It runs every three years. - HES net worth includes additional questions on household assets and liabilities. It also runs every three years.

In the year ended March 2022, the gross national income per capita in New Zealand was approximately 68,272 New Zealand dollars. This value has increased steadily over the past decade.

New Zealand has *** of the highest house price-to-income ratios in the world; nonetheless, since the first quarter of 2022, the country's house price-to-income ratio started to trend downward. In the third quarter of 2024, the ratio was ***, a slight decrease from the same quarter of the previous year. This ratio was calculated by dividing nominal house prices by nominal disposable income per head and is considered a measure of affordability. Homeownership dream New Zealand has been in what is widely considered a housing bubble. The disproportionately large increases in residential house prices have placed the dream of owning their own home out of reach for many in the country. In 2024, around ** percent of residential properties were sold for over a million New Zealand dollars. The majority of mortgage lending in the country went to owner-occupiers where the property was not their first home, with first-home buyers often struggling to secure a loan. In general, only New Zealand residents and citizens can buy homes in the country to live in, with new regulations tightening investment activity in that market. Rent affordability Due to New Zealand's high property prices, many individuals and families are stuck renting for prolonged periods. However, with rent prices increasing across the country and the share of monthly income spent on rent trending upwards in tandem with a highly competitive rental market, renting is becoming a less appealing prospect for many. The Auckland and Bay of Plenty regions had the highest weekly rent prices across the country as of December 2024, with the Southland region recording the lowest rent prices per week.

Household net worth statistics aims to provide a picture of the net worth (wealth) of New Zealanders, by looking at their household assets and liabilities – financial and non-financial.