New Zealand Labour Productivity Growth
1988 - 2021 | Quarterly | % | CEIC Data
Key information about New Zealand Labour Productivity Growth
- New Zealand Labour Productivity improved by 1.77 % YoY in Dec 2021, compared with a drop of 5.39 % in the previous quarter
- New Zealand Labour Productivity Growth data is updated quarterly, available from Jun 1988 to Dec 2021, averaging at 1.11 %
- The data reached an all-time high of 15.63 % in Jun 2021 and a record low of -10.37 % in Jun 2020
CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. The Statistics New Zealand provides Real GDP in local currency, at 2009-2010 prices and Employment.
Further information about New Zealand Labour Productivity Growth
- In the latest reports, New Zealand Population reached 5.12 Person mn in Dec 2021
- Its Unemployment Rate remained the same at 3.20 % in Mar 2022
- Monthly Earnings of New Zealand stood at 3,803.13 USD in Mar 2022
- The country's Labour Force Participation Rate dropped to 71.20 % in Mar 2022
View New Zealand's Labour Productivity Growth from Jun 1988 to Dec 2021 in the chart:
What was New Zealand's Labour Productivity Growth in Dec 2021?
New Zealand Labour Productivity improved by 1.77 % YoY in Dec 2021, compared with a drop of 5.39 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.77 Dec 2021 | -5.39 Sep 2021 | -10.37 Jun 2020 | 15.63 Jun 2021 | % | quarterly | Jun 1988 - Dec 2021 |
Labour Productivity Growth by Country Comparison
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Includes Labour Productivity Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 15.93 Jun 2021 | quarterly | Mar 2010 - Jun 2021 |
| Algeria (%) | 0.30 2020 | yearly | 1992 - 2020 |
| Argentina (%) | -2.41 2020 | yearly | 1992 - 2020 |
| Armenia (%) | 2.04 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
| Australia (%) | 1.95 Dec 2021 | quarterly | Jun 1979 - Dec 2021 |
| Austria (%) | 3.98 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Azerbaijan (%) | 6.09 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
| Bahrain (%) | 5.51 Mar 2021 | quarterly | Mar 2009 - Mar 2021 |
| Bangladesh (%) | 5.83 2020 | yearly | 1992 - 2020 |
| Belarus (%) | 3.11 Dec 2021 | quarterly | Mar 2006 - Dec 2021 |
| Belgium (%) | 2.46 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Bolivia (%) | 6.71 2017 | yearly | 2000 - 2017 |
| Bosnia and Herzegovina (%) | 2.94 2018 | yearly | 2007 - 2018 |
| Botswana (%) | -3.03 Dec 2020 | quarterly | Sep 2008 - Dec 2020 |
| Brazil (%) | 5.85 2020 | yearly | 1992 - 2020 |
| Brunei (%) | 1.58 2020 | yearly | 1992 - 2020 |
| Bulgaria (%) | 4.35 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Cambodia (%) | 5.07 2017 | yearly | 2008 - 2017 |
| Canada (%) | -0.91 Dec 2021 | quarterly | Mar 1977 - Dec 2021 |
| Chile (%) | 2.92 Dec 2021 | quarterly | Mar 1987 - Dec 2021 |
| China (%) | 8.70 2021 | yearly | 1953 - 2021 |
| Colombia (%) | 8.16 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| Croatia (%) | 13.98 Sep 2021 | quarterly | Mar 2008 - Sep 2021 |
| Cyprus (%) | 0.55 Dec 2021 | quarterly | Jun 2005 - Dec 2021 |
| Czech Republic (%) | 2.85 Dec 2021 | quarterly | Dec 2004 - Dec 2021 |
| Denmark (%) | 2.21 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| Ecuador (%) | 2.05 2020 | yearly | 1992 - 2020 |
| Egypt (%) | -3.80 Jun 2021 | quarterly | Mar 2004 - Jun 2021 |
| Estonia (%) | 6.83 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| European Union (%) | 2.99 Dec 2021 | quarterly | Mar 2006 - Dec 2021 |
| Finland (%) | 0.68 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| France (%) | -6.98 2020 | yearly | 1979 - 2020 |
| Georgia (%) | 12.57 2021 | yearly | 1997 - 2021 |
| Germany (%) | 0.84 Dec 2021 | quarterly | Mar 1992 - Dec 2021 |
| Ghana (%) | -0.78 2020 | yearly | 1992 - 2020 |
| Greece (%) | 3.65 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Hong Kong SAR, China (%) | -3.57 Mar 2022 | quarterly | Dec 1982 - Mar 2022 |
| Hungary (%) | 5.55 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Iceland (%) | -3.97 Dec 2021 | quarterly | Mar 2004 - Dec 2021 |
| India (%) | 0.70 2020 | yearly | 1992 - 2020 |
| Indonesia (%) | 1.64 2021 | yearly | 2001 - 2021 |
| Iran (%) | 10.79 2020 | yearly | 1992 - 2020 |
| Ireland (%) | -0.40 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Israel (%) | 2.20 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
| Italy (%) | 4.39 Dec 2021 | quarterly | Mar 1997 - Dec 2021 |
| Ivory Coast (%) | 0.18 2020 | yearly | 1992 - 2020 |
| Japan (%) | 0.94 Dec 2021 | quarterly | Mar 1995 - Dec 2021 |
| Jordan (%) | 0.44 2017 | yearly | 2001 - 2017 |
| Kazakhstan (%) | 4.67 Sep 2021 | quarterly | Mar 2002 - Sep 2021 |
| Kenya (%) | 0.57 2019 | yearly | 2011 - 2019 |
| South Korea (%) | -0.70 Mar 2022 | quarterly | Sep 1983 - Mar 2022 |
| Kosovo (%) | 2.92 Mar 2021 | quarterly | Mar 2017 - Mar 2021 |
| Kuwait (%) | -1.66 2020 | yearly | 1996 - 2020 |
| Kyrgyzstan (%) | -8.49 2020 | yearly | 1993 - 2020 |
| Laos (%) | -0.35 2020 | yearly | 1992 - 2020 |
| Latvia (%) | 5.61 Dec 2021 | quarterly | Mar 2003 - Dec 2021 |
| Lebanon (%) | -16.39 2020 | yearly | 1992 - 2020 |
| Lithuania (%) | 2.20 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Luxembourg (%) | 1.18 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Macau SAR, China (%) | -1.43 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| North Macedonia (%) | 1.59 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Malawi (%) | 1.23 2020 | yearly | 1992 - 2020 |
| Malaysia (%) | 2.70 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Malta (%) | 4.71 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Mauritius (%) | 9.08 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Mexico (%) | -4.76 Dec 2021 | quarterly | Jun 1996 - Dec 2021 |
| Moldova (%) | 18.60 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Mongolia (%) | -10.11 Mar 2022 | quarterly | Sep 2007 - Mar 2022 |
| Montenegro (%) | -6.62 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Morocco (%) | -2.45 2020 | yearly | 2000 - 2020 |
| Mozambique (%) | -3.31 2020 | yearly | 1992 - 2020 |
| Myanmar (%) | 7.44 2020 | yearly | 1992 - 2020 |
| Nepal (%) | 4.24 2020 | yearly | 1992 - 2020 |
| Netherlands (%) | 3.01 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| New Zealand (%) | -1.77 Dec 2021 | quarterly | Jun 1988 - Dec 2021 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | 0.65 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Oman (%) | 12.26 2020 | yearly | 1999 - 2020 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 1.32 Dec 2021 | quarterly | Jun 2013 - Dec 2021 |
| Panama (%) | -0.50 2020 | yearly | 1992 - 2020 |
| Paraguay (%) | -1.05 Dec 2021 | quarterly | Mar 2018 - Dec 2021 |
| Peru (%) | 2.31 2020 | yearly | 2002 - 2020 |
| Philippines (%) | -3.46 2020 | yearly | 1992 - 2020 |
| Poland (%) | -2.66 Dec 2020 | quarterly | Dec 1999 - Dec 2020 |
| Portugal (%) | 3.93 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
| Romania (%) | 12.59 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Russia (%) | 2.48 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Saudi Arabia (%) | 5.41 2021 | yearly | 1971 - 2021 |
| Serbia (%) | 7.15 Dec 2021 | quarterly | Mar 2015 - Dec 2021 |
| Singapore (%) | 5.80 Dec 2021 | quarterly | Mar 1986 - Dec 2021 |
| Slovakia (%) | -1.52 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Slovenia (%) | 7.55 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| South Africa (%) | 5.03 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
| Spain (%) | 2.45 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Sri Lanka (%) | 0.31 Dec 2021 | quarterly | Jun 2013 - Dec 2021 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 5.16 Dec 2021 | quarterly | Mar 1994 - Dec 2021 |
| Switzerland (%) | 3.41 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.3 Dec 2021 | quarterly | Dec 1999 - Dec 2021 |
| Consolidated Fiscal Balance (USD mn) | -5,461.465 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| Tax Revenue (USD mn) | 72,517.716 2021 | yearly | 1999 - 2021 |
| Tax Revenue: % of GDP (%) | 29.8 2021 | yearly | 1999 - 2021 |
| National Government Debt (USD mn) | 81,700.2 Mar 2022 | quarterly | Dec 2006 - Mar 2022 |
| Government Debt: % of GDP (%) | 33.6 Dec 2021 | quarterly | Dec 2006 - Dec 2021 |
| Forecast: Government Expenditure (NZD bn) | 178.995 2027 | yearly | 1985 - 2027 |
| Forecast: Government Net Debt (NZD bn) | 216.386 2027 | yearly | 1985 - 2027 |
| Forecast: Government Revenue (NZD bn) | 179.475 2027 | yearly | 1985 - 2027 |
| General Government: ytd: Expenses (NZD mn) | 109,965.000 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| General Government: ytd: Revenue (NZD mn) | 101,888.000 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| General Government: ytd: Borrowings (NZD mn) | 197,057.000 Mar 2022 | quarterly | Jun 2002 - Mar 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.638 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | -268.9 Mar 2022 | monthly | Jan 1957 - Mar 2022 |
| Total Exports (USD mn) | 4,583.0 Mar 2022 | monthly | Jan 1957 - Mar 2022 |
| Total Exports Growth (%) | 17.2 Mar 2022 | monthly | Jan 1952 - Mar 2022 |
| Aluminum: Exports (USD th) | 575,712.161 2020 | yearly | 1995 - 2020 |
| Exports: Medicament (USD th) | 143,563.823 2020 | yearly | 1995 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 210,915.478 2020 | yearly | 1995 - 2020 |
| Total Imports (USD mn) | 4,852.0 Mar 2022 | monthly | Jan 1960 - Mar 2022 |
| Total Imports Growth (%) | 24.9 Mar 2022 | monthly | Jan 1961 - Mar 2022 |
| Imports: Medicament (USD th) | 703,485.990 2020 | yearly | 1995 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 353,154.696 2020 | yearly | 1995 - 2020 |
| Total Exports to USA (USD mn) | 546.976 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Total Imports from USA (USD mn) | 451.699 Mar 2022 | monthly | Jan 1981 - Mar 2022 |
| Total Exports to China (USD mn) | 1,237.202 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Total Imports from China (USD mn) | 1,253.313 Mar 2022 | monthly | Jul 1982 - Mar 2022 |
| Term Trade Index (Jun2002=1000) | 1,515.000 Dec 2021 | quarterly | Mar 1957 - Dec 2021 |
| Exports: fob: SITC: Crude Materials (NZD mn) | 752.495 Mar 2022 | monthly | Jan 2002 - Mar 2022 |
| Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 385.247 Mar 2022 | monthly | Jan 2002 - Mar 2022 |
| Exports: fob: SITC: Mineral Fuels (NZD mn) | 97.420 Mar 2022 | monthly | Jan 2002 - Mar 2022 |
| Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 336.670 Mar 2022 | monthly | Jan 2002 - Mar 2022 |
| Exports: fob: SITC: Food & Live Animals (NZD mn) | 4,070.391 Mar 2022 | monthly | Jan 2002 - Mar 2022 |
| Exports: fob: Japan (NZD mn) | 411.839 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Exports: fob: United Kingdom (NZD mn) | 156.083 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Exports: fob: Australia: sa (NZD mn) | 661.705 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Exports: fob: China (NZD mn) | 2,009.764 Mar 2022 | monthly | Jan 1951 - Mar 2022 |
| Exports: fob: Australia (NZD mn) | 674.257 Mar 2022 | monthly | Jan 1988 - Mar 2022 |
| Exports: fob: United States (NZD mn) | 796.413 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Exports: fob: China: sa (NZD mn) | 1,801.401 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,490.000 Dec 2021 | quarterly | Mar 1951 - Dec 2021 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,445.000 Dec 2021 | quarterly | Jun 1990 - Dec 2021 |
| Import Volume Index: sa (Jun2002=1000) | 2,736.000 Dec 2021 | quarterly | Jun 1990 - Dec 2021 |
| Import Volume Index (Jun2002=1000) | 2,936.000 Dec 2021 | quarterly | Mar 1949 - Dec 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 98.5 Dec 2021 | quarterly | Dec 1990 - Dec 2021 |
| Money Supply M1 (USD mn) | 97,351.663 Mar 2022 | monthly | Dec 2016 - Mar 2022 |
| Money Supply M2 (USD mn) | 271,161.421 Mar 2022 | monthly | Mar 1988 - Mar 2022 |
| M2 Growth (%) | 6.7 Mar 2022 | monthly | Mar 1989 - Mar 2022 |
| Foreign Exchange Reserves (USD mn) | 12,740.1 Mar 2022 | monthly | Sep 2005 - Mar 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 5.295 Dec 2021 | quarterly | Sep 2005 - Dec 2021 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.6 Mar 2022 | monthly | Sep 2005 - Mar 2022 |
| Gold Reserves (USD mn) | 0.000 Apr 2022 | monthly | Dec 1950 - Apr 2022 |
| Total Deposits (USD mn) | 295,291.131 Mar 2022 | monthly | Dec 2016 - Mar 2022 |
| Total Deposits Growth (%) | 5.7 Mar 2022 | monthly | Dec 2017 - Mar 2022 |
| Domestic Credit (USD mn) | 399,773.6 Mar 2022 | monthly | Mar 1988 - Mar 2022 |
| Domestic Credit Growth (%) | 6.0 Mar 2022 | monthly | Mar 1989 - Mar 2022 |
| Credit to Households (USD bn) | 231.672 Sep 2021 | quarterly | Dec 1990 - Sep 2021 |
| Credit to Private Non-Financial Sector (USD bn) | 404.382 Sep 2021 | quarterly | Mar 1960 - Sep 2021 |
| Household Debt (USD mn) | 242,514.7 Mar 2022 | monthly | Dec 1990 - Mar 2022 |
| Total Loans (USD mn) | 367,066.927 Mar 2022 | monthly | Dec 2016 - Mar 2022 |
| Total Loans Growth (%) | 6.67 Mar 2022 | monthly | Dec 2017 - Mar 2022 |
| Private Debt: % of Nominal GDP (%) | 150.30 Dec 2021 | quarterly | Mar 1988 - Dec 2021 |
| Depository Corp: Domestic Credit (NZD mn) | 575,545.000 Mar 2022 | monthly | Mar 1988 - Mar 2022 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 390,385.000 Mar 2022 | monthly | Mar 1988 - Mar 2022 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 140,155.000 Mar 2022 | monthly | Dec 2016 - Mar 2022 |
| Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 17,690.791 Mar 2022 | monthly | Sep 2005 - Mar 2022 |
| Official Reserve Assets (NZD mn) | 23,259.289 Mar 2022 | monthly | Sep 2005 - Mar 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -14.6 Apr 2022 | monthly | Aug 2003 - Apr 2022 |
| Performance Manufacturing Index (NA) | 47.300 Apr 2022 | monthly | Aug 2002 - Apr 2022 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | -42.000 Apr 2022 | monthly | Feb 1991 - Apr 2022 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | -43.800 Apr 2022 | monthly | Feb 1991 - Apr 2022 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | -32.800 Apr 2022 | monthly | Feb 1991 - Apr 2022 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | -48.000 Apr 2022 | monthly | Feb 1991 - Apr 2022 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | -41.400 Apr 2022 | monthly | Feb 1991 - Apr 2022 |
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