New Zealand Labour Productivity Growth
Key information about New Zealand Labour Productivity Growth
- New Zealand Labour Productivity dropped by 0.50 % YoY in Sep 2024, compared with a drop of 0.39 % in the previous quarter
- New Zealand Labour Productivity Growth data is updated quarterly, available from Jun 1988 to Sep 2024, averaging at 1.00 %
- The data reached an all-time high of 16.40 % in Jun 2021 and a record low of -10.70 % in Jun 2020
CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. Stats NZ provides Real GDP in local currency, at 2009-2010 prices and Employment
View New Zealand's Labour Productivity Growth from Jun 1988 to Sep 2024 in the chart:
What was New Zealand's Labour Productivity Growth in Sep 2024?
New Zealand Labour Productivity dropped by 0.50 % YoY in Sep 2024, compared with a drop of 0.39 % in the previous quarter See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-0.50 Sep 2024 | -0.39 Jun 2024 | -10.70 Jun 2020 | 16.40 Jun 2021 | % | quarterly | Jun 1988 - Sep 2024 |
Labour Productivity Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 1.59 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
Algeria (%) | 2.13 2023 | yearly | 1992 - 2023 |
Argentina (%) | -4.29 2023 | yearly | 1992 - 2023 |
Armenia (%) | 6.91 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
Australia (%) | -1.74 Sep 2024 | quarterly | Jun 1979 - Sep 2024 |
Austria (%) | -0.66 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Azerbaijan (%) | 3.56 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
Bahrain (%) | -3.79 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
Bangladesh (%) | 3.97 2023 | yearly | 1992 - 2023 |
Belarus (%) | 3.86 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
Belgium (%) | 0.84 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Bolivia (%) | 0.41 2023 | yearly | 2000 - 2023 |
Bosnia and Herzegovina (%) | -0.91 2023 | yearly | 2007 - 2023 |
Botswana (%) | 7.48 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
Brazil (%) | 1.85 2023 | yearly | 1992 - 2023 |
Brunei (%) | -1.76 2023 | yearly | 1992 - 2023 |
Bulgaria (%) | 0.56 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
Canada (%) | -0.25 Sep 2024 | quarterly | Mar 1977 - Sep 2024 |
Chile (%) | -0.25 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
China (%) | 5.84 2024 | yearly | 1953 - 2024 |
Colombia (%) | 0.16 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
Croatia (%) | -1.53 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
Cyprus (%) | 1.85 Sep 2024 | quarterly | Jun 2005 - Sep 2024 |
Czech Republic (%) | -0.23 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
Denmark (%) | 2.65 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
Ecuador (%) | 1.76 2023 | yearly | 1992 - 2023 |
Egypt (%) | 2.27 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
Estonia (%) | -1.39 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
European Union (%) | 0.28 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
Finland (%) | 1.91 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
France (%) | -0.13 2023 | yearly | 1979 - 2023 |
Georgia (%) | 3.72 2023 | yearly | 1997 - 2023 |
Germany (%) | -0.38 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
Ghana (%) | 0.45 2023 | yearly | 1992 - 2023 |
Greece (%) | 1.45 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Hong Kong SAR, China (%) | 2.27 Dec 2024 | quarterly | Dec 1982 - Dec 2024 |
Hungary (%) | -0.75 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Iceland (%) | 0.23 Dec 2024 | quarterly | Mar 2004 - Dec 2024 |
India (%) | 2.38 2022 | yearly | 1992 - 2022 |
Indonesia (%) | 1.55 2024 | yearly | 2001 - 2024 |
Iran (%) | 3.69 2023 | yearly | 1992 - 2023 |
Ireland (%) | -0.77 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Israel (%) | -2.29 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
Italy (%) | -1.08 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
Ivory Coast (%) | 3.26 2023 | yearly | 1992 - 2023 |
Japan (%) | 0.59 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
Kazakhstan (%) | 3.91 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Kenya (%) | 0.50 2023 | yearly | 2011 - 2023 |
South Korea (%) | 1.06 Dec 2024 | quarterly | Sep 1983 - Dec 2024 |
Kosovo (%) | -6.22 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
Kuwait (%) | 1.60 2018 | yearly | 1992 - 2018 |
Kyrgyzstan (%) | 5.93 2023 | yearly | 1993 - 2023 |
Laos (%) | 1.80 2023 | yearly | 1992 - 2023 |
Latvia (%) | 0.11 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
Lithuania (%) | 2.12 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
Luxembourg (%) | 0.02 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Macau SAR, China (%) | 1.46 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
North Macedonia (%) | 2.13 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Malawi (%) | -1.72 2023 | yearly | 1992 - 2023 |
Malaysia (%) | 2.41 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Malta (%) | -0.01 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
Mauritius (%) | 5.39 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Mexico (%) | 0.33 Dec 2024 | quarterly | Jun 1996 - Dec 2024 |
Moldova (%) | 1.56 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Mongolia (%) | 2.25 Dec 2024 | quarterly | Sep 2007 - Dec 2024 |
Montenegro (%) | 4.92 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
Morocco (%) | 4.95 2023 | yearly | 2000 - 2023 |
Mozambique (%) | 2.10 2023 | yearly | 1992 - 2023 |
Myanmar (%) | -43.15 2022 | yearly | 1992 - 2022 |
Nepal (%) | 1.46 2023 | yearly | 1992 - 2023 |
Netherlands (%) | 1.13 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
New Zealand (%) | -0.50 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
Norway (%) | -0.90 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
Oman (%) | -4.24 2023 | yearly | 1999 - 2023 |
Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
Palestinian Territory (%) | 2.87 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
Panama (%) | 5.57 2023 | yearly | 1992 - 2023 |
Paraguay (%) | 3.22 Sep 2024 | quarterly | Mar 2018 - Sep 2024 |
Peru (%) | -0.87 2022 | yearly | 2002 - 2022 |
Philippines (%) | 3.32 2023 | yearly | 1992 - 2023 |
Poland (%) | 1.57 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
Portugal (%) | 0.12 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Qatar (%) | -0.77 2023 | yearly | 2012 - 2023 |
Romania (%) | 0.11 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
Serbia (%) | 1.87 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
Singapore (%) | 3.50 Dec 2024 | quarterly | Mar 1986 - Dec 2024 |
Slovakia (%) | 1.62 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Slovenia (%) | 1.88 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
South Africa (%) | -0.89 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
Spain (%) | 1.00 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
Sri Lanka (%) | 5.03 Jun 2024 | quarterly | Jun 2013 - Jun 2024 |
Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
Sweden (%) | 2.56 Dec 2024 | quarterly | Mar 1994 - Dec 2024 |
Switzerland (%) | 0.89 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
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Learn more about what we doNew Zealand Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -1.0 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
Consolidated Fiscal Balance (USD mn) | -151.235 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
Tax Revenue (USD mn) | 80,859.209 2024 | yearly | 1999 - 2024 |
Tax Revenue: % of GDP (%) | 30.2 2023 | yearly | 1999 - 2023 |
National Government Debt (USD mn) | 111,415.6 Dec 2024 | quarterly | Dec 2006 - Dec 2024 |
Government Debt: % of GDP (%) | 44.3 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
Forecast: Government Expenditure (NZD bn) | 194.423 2029 | yearly | 1985 - 2029 |
Forecast: Government Net Debt (NZD bn) | 236.804 2029 | yearly | 1985 - 2029 |
Forecast: Government Revenue (NZD bn) | 195.599 2029 | yearly | 1985 - 2029 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.471 2029 | yearly | 1980 - 2029 |
Trade Balance (USD mn) | -273.5 Jan 2025 | monthly | Jan 1960 - Jan 2025 |
Total Exports (USD mn) | 3,486.6 Jan 2025 | monthly | Jan 1957 - Jan 2025 |
Total Exports Growth (%) | 28.3 Jan 2025 | monthly | Jan 1952 - Jan 2025 |
Aluminum: Exports (USD th) | 796,821.124 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 133,163.766 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 279,372.038 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 3,760.2 Jan 2025 | monthly | Jan 1960 - Jan 2025 |
Total Imports Growth (%) | 13.4 Jan 2025 | monthly | Jan 1961 - Jan 2025 |
Imports: Medicament (USD th) | 1,071,353.476 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 469,470.056 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 419.218 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
Total Imports from USA (USD mn) | 415.389 Jan 2025 | monthly | Jan 1981 - Jan 2025 |
Total Exports to China (USD mn) | 1,049.425 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
Total Imports from China (USD mn) | 790.477 Jan 2025 | monthly | Jul 1982 - Jan 2025 |
Term Trade Index (Jun2002=1000) | 1,476.000 Dec 2024 | quarterly | Mar 1957 - Dec 2024 |
Exports: fob: SITC: Mineral Fuels (NZD mn) | 38.565 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 236.566 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
Exports: fob: SITC: Crude Materials (NZD mn) | 568.228 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
Exports: fob: SITC: Food & Live Animals (NZD mn) | 4,121.955 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 339.821 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
Exports: fob: Australia (NZD mn) | 670.162 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Exports: fob: United States (NZD mn) | 744.218 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
Exports: fob: United Kingdom (NZD mn) | 132.621 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
Exports: fob: China (NZD mn) | 1,782.288 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
Exports: fob: Japan (NZD mn) | 262.997 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
Exports: fob: Australia: sa (NZD mn) | 805.745 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
Exports: fob: China: sa (NZD mn) | 1,862.996 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,471.000 Dec 2024 | quarterly | Mar 1951 - Dec 2024 |
Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,435.000 Dec 2024 | quarterly | Jun 1990 - Dec 2024 |
Import Volume Index: sa (Jun2002=1000) | 2,606.000 Dec 2024 | quarterly | Jun 1990 - Dec 2024 |
Import Volume Index (Jun2002=1000) | 2,725.000 Dec 2024 | quarterly | Mar 1949 - Dec 2024 |
Export Value Index (2015=100) | 130.280 2021 | yearly | 1995 - 2021 |
Import Value Index (2015=100) | 136.389 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
Household Debt: % of GDP (%) | 89.9 Sep 2024 | quarterly | Dec 1990 - Sep 2024 |
Money Supply M1 (USD mn) | 67,705.960 Jan 2025 | monthly | Dec 2016 - Jan 2025 |
Money Supply M2 (USD mn) | 242,023.033 Jan 2025 | monthly | Mar 1988 - Jan 2025 |
M2 Growth (%) | 4.6 Jan 2025 | monthly | Mar 1989 - Jan 2025 |
Foreign Exchange Reserves (USD mn) | 23,546.0 Jan 2025 | monthly | Sep 2005 - Jan 2025 |
Foreign Exchange Reserves: % of GDP (%) | 6.453 Sep 2024 | quarterly | Sep 2005 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 6.2 Jan 2025 | monthly | Sep 2005 - Jan 2025 |
Gold Reserves (USD mn) | 0.000 Jan 2025 | monthly | Dec 1950 - Jan 2025 |
Total Deposits (USD mn) | 265,858.106 Jan 2025 | monthly | Dec 2016 - Jan 2025 |
Total Deposits Growth (%) | 5.2 Jan 2025 | monthly | Dec 2017 - Jan 2025 |
Domestic Credit (USD mn) | 344,109.9 Jan 2025 | monthly | Mar 1988 - Jan 2025 |
Domestic Credit Growth (%) | 2.0 Jan 2025 | monthly | Mar 1989 - Jan 2025 |
Credit to Households (USD bn) | 228.714 Jun 2024 | quarterly | Dec 1990 - Jun 2024 |
Credit to Private Non-Financial Sector (USD bn) | 405.766 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
Household Debt (USD mn) | 218,452.7 Jan 2025 | monthly | Dec 1990 - Jan 2025 |
Total Loans (USD mn) | 326,720.523 Jan 2025 | monthly | Dec 2016 - Jan 2025 |
Total Loans Growth (%) | 3.34 Jan 2025 | monthly | Dec 2017 - Jan 2025 |
Private Debt: % of Nominal GDP (%) | 136.01 Sep 2024 | quarterly | Mar 1988 - Sep 2024 |
Depository Corp: Money Supply: Broad Money (NZD mn) | 426,999.000 Jan 2025 | monthly | Mar 1988 - Jan 2025 |
Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 119,453.000 Jan 2025 | monthly | Dec 2016 - Jan 2025 |
Depository Corp: Domestic Credit (NZD mn) | 607,110.000 Jan 2025 | monthly | Mar 1988 - Jan 2025 |
Official Reserve Assets (NZD mn) | 47,313.777 Jan 2025 | monthly | Sep 2005 - Jan 2025 |
Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 33,868.526 Jan 2025 | monthly | Sep 2005 - Jan 2025 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -7.4 May 2023 | monthly | Aug 2003 - May 2023 |
House Price Inflation: Net Percent Expecting (%) | 72.100 Mar 2025 | quarterly | Mar 2022 - Mar 2025 |
House Price Inflation: Net Percent Expecting Higher (%) | -34.300 Mar 2025 | quarterly | Mar 2022 - Mar 2025 |
Business Outlook Survey: Service: Business Confidence Index (Point) | 54.400 Feb 2025 | monthly | Feb 1991 - Feb 2025 |
Business Outlook Survey: Retail: Business Confidence Index (Point) | 58.500 Feb 2025 | monthly | Feb 1991 - Feb 2025 |
Business Outlook Survey: All Industries: Business Confidence Index (Point) | 58.400 Feb 2025 | monthly | Feb 1991 - Feb 2025 |
Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | 60.800 Feb 2025 | monthly | Feb 1991 - Feb 2025 |
Business Outlook Survey: Construction: Business Confidence Index (Point) | 65.800 Feb 2025 | monthly | Feb 1991 - Feb 2025 |
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