Average hourly labour cost per employee - Discontinued in New Zealand
New Zealand: Average hourly labour cost per employee - Discontinued was 40.9 in 2023. ▲ Rising
Average hourly labour cost per employee - Discontinued in New Zealand, 2009–2023
Source: International Labour Organization.
Analysis
The most recent figure for average hourly labour cost per employee - discontinued in New Zealand is 40.9, measured in 2023. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 6.8% on the previous year and up 42.1% over ten years.
Over the whole period, average hourly labour cost per employee - discontinued in New Zealand peaked at 40.9 in 2023 and was at its lowest, 25.39, in 2009.
New Zealand ranks 30th of 50 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Average hourly labour cost per employee - Discontinued in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 25.39 | — |
| 2010 | 25.86 | +1.9% |
| 2014 | 28.79 | +11.3% |
| 2015 | 29.41 | +2.2% |
| 2016 | 29.8 | +1.3% |
| 2017 | 30.74 | +3.2% |
| 2018 | 31.7 | +3.1% |
| 2019 | 32.83 | +3.6% |
| 2020 | 34.2 | +4.2% |
| 2021 | 35.65 | +4.2% |
| 2022 | 38.3 | +7.4% |
| 2023 | 40.9 | +6.8% |
New Zealand compared with similar countries
- New Zealand's 40.9 is below the median for high income countries, which is 44.84, 91% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.39 | 25.39 | 25.39 | 1 |
| 2010s | 29.88 | 25.86 | 32.83 | 7 |
| 2020s | 37.26 | 34.2 | 40.9 | 4 |
Countries ranked near New Zealand
More work & labour data for New Zealand
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.0748 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.0721 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.0776 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.39 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.4877 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,200 1000 No (2050)
- Population - Est. & Proj. — Rural population 511.04 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,819 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,994 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,812 1000 No (2100)
Frequently asked questions
- What is average hourly labour cost per employee - discontinued in New Zealand?
- Average hourly labour cost per employee - discontinued in New Zealand was 40.9 in 2023, according to International Labour Organization.
- What is the highest average hourly labour cost per employee - discontinued recorded in New Zealand?
- The highest recorded value was 40.9 in 2023.
- What is the lowest average hourly labour cost per employee - discontinued recorded in New Zealand?
- The lowest recorded value was 25.39 in 2009.
- How does New Zealand rank for average hourly labour cost per employee - discontinued?
- New Zealand ranks 30th out of 50 countries with data for 2023.
- Is average hourly labour cost per employee - discontinued rising or falling in New Zealand?
- Over the last ten years it is up 42.1%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from International Labour Organization, published as part of Average hourly labour cost per employee - Discontinued. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data on labour cost is presented, whenever possible, in nominal terms and on the basis of the mean hourly labour cost per employee. Labour cost is the cost incurred by the employer in the employment of labour in a specified reference period. It comprises remuneration for work performed, payments in respect of time paid for but not worked, bonuses and gratuities, the cost of food, drink and other payments in kind, cost of workers' housing borne by employers, employers' social security expenditures, cost to the employer for vocational training, welfare services and miscellaneous items, such as transport of workers, work clothes and recruitment, together with taxes regarded as labour cost. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.