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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.
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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.
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New Zealand NZ: Wages Index data was reported at 114.650 2010=100 in Jun 2018. This records an increase from the previous number of 114.061 2010=100 for Mar 2018. New Zealand NZ: Wages Index data is updated quarterly, averaging 87.437 2010=100 from Dec 1992 (Median) to Jun 2018, with 103 observations. The data reached an all-time high of 114.650 2010=100 in Jun 2018 and a record low of 68.681 2010=100 in Dec 1992. New Zealand NZ: Wages Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s New Zealand – Table NZ.IMF.IFS: Wages, Labour Cost and Employment Index: Quarterly.
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New Zealand NZ: Wages Index: % Change data was reported at 1.920 % in Jun 2018. This records an increase from the previous number of 1.840 % for Mar 2018. New Zealand NZ: Wages Index: % Change data is updated quarterly, averaging 1.871 % from Dec 1993 (Median) to Jun 2018, with 99 observations. The data reached an all-time high of 4.146 % in Dec 2007 and a record low of 0.895 % in Jun 1994. New Zealand NZ: Wages Index: % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s New Zealand – Table NZ.IMF.IFS: Wages, Labour Cost and Employment Index: Quarterly.
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.
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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.
The number of employed people in New Zealand was approximately 2.92 million people in 2024. Between 1980 and 2024, the number rose by around 1.40 million people, though the increase followed an uneven trajectory rather than a consistent upward trend. From 2024 to 2026, the number will increase by about 80 thousand people.The indicator describes the number of employed people. This refers to persons who during a pre-defined period, either: a) performed wage or salary work, b) held a formal attachment to their job (even if not currently working), (c) performed for-profit work for personal or family gain , (d) were with an enterprise although temporarily not at work for any specific reason.
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New Zealand NZ: Wages Index data was reported at 112.834 2010=100 in 2017. This records an increase from the previous number of 110.896 2010=100 for 2016. New Zealand NZ: Wages Index data is updated yearly, averaging 86.422 2010=100 from Dec 1992 (Median) to 2017, with 26 observations. The data reached an all-time high of 112.834 2010=100 in 2017 and a record low of 34.388 2010=100 in 1992. New Zealand NZ: Wages Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s New Zealand – Table NZ.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.
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New Zealand NZ: Labour Cost Index data was reported at 110.821 2010=100 in 2016. This records an increase from the previous number of 109.086 2010=100 for 2015. New Zealand NZ: Labour Cost Index data is updated yearly, averaging 84.745 2010=100 from Dec 1992 (Median) to 2016, with 25 observations. The data reached an all-time high of 110.821 2010=100 in 2016 and a record low of 34.229 2010=100 in 1992. New Zealand NZ: Labour Cost Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s New Zealand – Table NZ.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.
https://datafinder.stats.govt.nz/license/attribution-3-0-new-zealand/https://datafinder.stats.govt.nz/license/attribution-3-0-new-zealand/
The labour market statistics information release combines data from three surveys to present a broad picture of the labour market.
From the Household Labour Force Survey (HLFS) we provide a picture of New Zealand's labour force – these statistics relate to employment, unemployment, and people not in the labour force.
The Quarterly Employment Survey (QES) estimates the demand for labour by New Zealand businesses – the levels and changes in employment, total weekly gross earnings, total weekly paid hours, average hourly and average weekly earnings, and average weekly paid hours in the industries we survey.
The Labour Cost Index (LCI) measures changes in salary and wage rates for a fixed quantity and quality of labour input. It is a measure of wage inflation, reflecting changes in the rates that employers pay to have the same job done to the same standard.
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Minimum Wages in New Zealand increased to 23.50 NZD/Hour in 2025 from 23.15 NZD/Hour in 2024. This dataset provides - New Zealand Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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.
The price to earning (PE) ratios of REITs in New Zealand was lower than the PE ratio of the total market, but slightly higher than the real estate sector as of **********. REITs are companies that own or finance rental real estate. One of their major benefits is liquidity: Though not all REITs are publicly traded, many of the major ones are, which allows investors to easily buy and sell shares. Because REITs pay out most of their taxable income to shareholders as dividends, they typically do not pay any corporate income tax. As of **********, the PE ratio of REITs in New Zealand stood at ****, with the earnings of the market forecast to grow by **** percent annually. The PE ratio is a valuation metric which is calculated as the ratio of the total market cap to the total earnings. A higher PE ratio means that the market cap has grown higher than the earnings - a sign of high investor confidence, but also that the market may be overpriced.
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Adjusted net national income per capita (annual % growth) in New Zealand was reported at 2.2688 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Adjusted net national income per capita (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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New Zealand NZ: GDP: Growth: Adjusted Net National Income data was reported at 3.143 % in 2017. This records an increase from the previous number of 2.817 % for 2016. New Zealand NZ: GDP: Growth: Adjusted Net National Income data is updated yearly, averaging 2.860 % from Mar 1973 (Median) to 2017, with 45 observations. The data reached an all-time high of 10.050 % in 1974 and a record low of -7.671 % in 1976. New Zealand NZ: GDP: Growth: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;
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The Computer System Design Services industry has performed well over the past few years, despite the COVID-19 pandemic's negative effects on some sectors of the economy. Generally solid demand for a range of IT services supported industry growth, driving revenue and wage increases. This strong growth also contributed to enterprise and employment numbers rising across the industry. Industry revenue is expected to increase at an annualised 1.2% over the five years through 2023-24, to total $13.1 billion. This trend includes anticipated growth of 2.0% in the current year. The finance sector is an important market for the industry. Banks, insurance companies and other financial services providers require secure, fast and specialised computer systems. Demand from these firms has risen over recent years as the sector depends on the latest systems and technologies. Demand for computer systems from professional services providers and the government sector has also remained high, benefiting the industry. Many government agencies require extensive databases for client records, and efficient payment systems for pensions, taxation and other transactions. Moreover, an increasing number of businesses has supported demand further. Decreasing business confidence over the past few years has constrained revenue growth, as fewer businesses have needed to upgrade computer systems. Furthermore, industry profit margins have fallen over recent years due to strong wage growth. Industry revenue is forecast to increase at an annualised 3.6% over the five years through 2028-29, to total $15.7 billion. Solid demand for specialist computer services, particularly from the finance, professional services and government sectors, is projected to continue driving industry revenue growth. Furthermore, demand for industry services is forecast to broaden as investment in computer software surges. As a result, industry profitability is projected to also increase over the coming years.
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New Zealand NZ: GDP: Growth: Adjusted Net National Income per Capita data was reported at 1.000 % in 2017. This records an increase from the previous number of 0.893 % for 2016. New Zealand NZ: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 1.722 % from Mar 1973 (Median) to 2017, with 45 observations. The data reached an all-time high of 8.254 % in 1987 and a record low of -10.186 % in 1992. New Zealand NZ: GDP: Growth: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;
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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.
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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.
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Adjusted net national income (annual % growth) in New Zealand was reported at 2.6928 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Adjusted net national income (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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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.