{"entity":{"iso2":"NZ","iso3":"NZL","name":"New Zealand","slug":"new-zealand"},"indicator":{"licence":"OECD Terms and Conditions (attribution required)","slug":"minimum-relative-to-average-wages-of-full-time-workers","source":"Organisation for Economic Co-operation and Development","source_url":"https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS@MIN2AVE","title":"Minimum relative to average wages of full-time workers","unit":"Percentage of average wage of full-time employees"},"observations":[{"date":"1960-01-01","value":70.5357},{"date":"1961-01-01","value":66.723},{"date":"1962-01-01","value":66.875},{"date":"1963-01-01","value":64.3354},{"date":"1964-01-01","value":65.2711},{"date":"1965-01-01","value":60.8708},{"date":"1966-01-01","value":58.8859},{"date":"1967-01-01","value":57.9427},{"date":"1968-01-01","value":58.75},{"date":"1969-01-01","value":60.1852},{"date":"1970-01-01","value":54.1667},{"date":"1971-01-01","value":47.8723},{"date":"1972-01-01","value":42.9936},{"date":"1973-01-01","value":62.8492},{"date":"1974-01-01","value":58.1731},{"date":"1975-01-01","value":58.383},{"date":"1976-01-01","value":57.3208},{"date":"1977-01-01","value":53.4967},{"date":"1978-01-01","value":54.7107},{"date":"1979-01-01","value":48.7785},{"date":"1980-01-01","value":42.9122},{"date":"1981-01-01","value":36.3958},{"date":"1982-01-01","value":32.5077},{"date":"1983-01-01","value":31.25},{"date":"1984-01-01","value":29.9145},{"date":"1985-01-01","value":40.1845},{"date":"1986-01-01","value":47.8604},{"date":"1987-01-01","value":51.0406},{"date":"1988-01-01","value":49.2511},{"date":"1989-01-01","value":47.7686},{"date":"1990-01-01","value":46.3757},{"date":"1991-01-01","value":46.7226},{"date":"1992-01-01","value":45.9865},{"date":"1993-01-01","value":46.0556},{"date":"1994-01-01","value":45.3738},{"date":"1995-01-01","value":44.7804},{"date":"1996-01-01","value":43.0508},{"date":"1997-01-01","value":45.9387},{"date":"1998-01-01","value":44.501},{"date":"1999-01-01","value":43.1566},{"date":"2000-01-01","value":45.1789},{"date":"2001-01-01","value":44.9063},{"date":"2002-01-01","value":45.6847},{"date":"2003-01-01","value":46.0736},{"date":"2004-01-01","value":46.7615},{"date":"2005-01-01","value":47.281},{"date":"2006-01-01","value":49.1707},{"date":"2007-01-01","value":49.3716},{"date":"2008-01-01","value":50.5133},{"date":"2009-01-01","value":51.4333},{"date":"2010-01-01","value":50.6587},{"date":"2011-01-01","value":50.3698},{"date":"2012-01-01","value":51.0103},{"date":"2013-01-01","value":50.5166},{"date":"2014-01-01","value":50.8499},{"date":"2015-01-01","value":51.0112},{"date":"2016-01-01","value":51.3927},{"date":"2017-01-01","value":51.8408},{"date":"2018-01-01","value":52.3129},{"date":"2019-01-01","value":54.9937},{"date":"2020-01-01","value":55.5722},{"date":"2021-01-01","value":57.1884},{"date":"2022-01-01","value":57.1976},{"date":"2023-01-01","value":56.8193},{"date":"2024-01-01","value":55.3846},{"date":"2025-01-01","value":54.556}],"summary":{"latest_period":"2025-01-01","latest_value":54.556,"max":70.5357,"mean":50.8818,"min":29.9145,"of":23,"rank":4,"trend":"falling"}}