New Zealand Labour Productivity Growth
Key information about New Zealand Labour Productivity Growth
- New Zealand Labour Productivity dropped by 4.09 % YoY in Sep 2023, compared with a drop of 2.83 % in the previous quarter
- New Zealand Labour Productivity Growth data is updated quarterly, available from Jun 1988 to Sep 2023, averaging at 1.09 %
- The data reached an all-time high of 16.54 % in Jun 2021 and a record low of -10.64 % 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
View New Zealand's Labour Productivity Growth from Jun 1988 to Sep 2023 in the chart:
What was New Zealand's Labour Productivity Growth in Sep 2023?
New Zealand Labour Productivity dropped by 4.09 % YoY in Sep 2023, compared with a drop of 2.83 % in the previous quarter See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-4.09 Sep 2023 | -2.83 Jun 2023 | -10.64 Jun 2020 | 16.54 Jun 2021 | % | quarterly | Jun 1988 - Sep 2023 |
Labour Productivity Growth by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 0.50 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
Algeria (%) | -4.67 2022 | yearly | 1992 - 2022 |
Argentina (%) | -3.50 2022 | yearly | 1992 - 2022 |
Armenia (%) | 5.60 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
Australia (%) | -1.70 Dec 2023 | quarterly | Jun 1979 - Dec 2023 |
Austria (%) | -2.26 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
Azerbaijan (%) | 0.47 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
Bahrain (%) | -3.69 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
Bangladesh (%) | 5.11 2022 | yearly | 1992 - 2022 |
Belarus (%) | 7.87 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
Belgium (%) | 0.10 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Bolivia (%) | -0.64 2022 | yearly | 2000 - 2022 |
Bosnia and Herzegovina (%) | 3.24 2022 | yearly | 2007 - 2022 |
Botswana (%) | 7.30 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
Brazil (%) | 1.52 2023 | yearly | 1992 - 2023 |
Brunei (%) | -0.76 2022 | yearly | 1992 - 2022 |
Bulgaria (%) | 0.68 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Cambodia (%) | 1.17 2021 | yearly | 2008 - 2021 |
Canada (%) | -1.21 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
Chile (%) | -1.31 Sep 2023 | quarterly | Mar 1987 - Sep 2023 |
China (%) | 4.22 2023 | yearly | 1953 - 2023 |
Colombia (%) | -2.02 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Croatia (%) | 8.79 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
Cyprus (%) | 0.57 Dec 2023 | quarterly | Jun 2005 - Dec 2023 |
Czech Republic (%) | 1.06 Sep 2023 | quarterly | Mar 1997 - Sep 2023 |
Denmark (%) | 2.32 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ecuador (%) | 0.87 2022 | yearly | 1992 - 2022 |
Egypt (%) | -3.15 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
Estonia (%) | -4.78 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
European Union (%) | -1.05 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
Finland (%) | -1.24 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
France (%) | -0.19 2022 | yearly | 1979 - 2022 |
Georgia (%) | 4.42 2022 | yearly | 1997 - 2022 |
Germany (%) | -0.88 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Ghana (%) | -0.40 2022 | yearly | 1992 - 2022 |
Greece (%) | 0.13 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Hong Kong SAR, China (%) | 4.63 Dec 2023 | quarterly | Dec 1982 - Dec 2023 |
Hungary (%) | -0.78 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Iceland (%) | -2.99 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
India (%) | 2.38 2022 | yearly | 1992 - 2022 |
Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
Iran (%) | -2.03 2022 | yearly | 1992 - 2022 |
Ireland (%) | -11.70 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Israel (%) | -6.61 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
Italy (%) | -1.13 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
Ivory Coast (%) | 3.02 2022 | yearly | 1992 - 2022 |
Japan (%) | 0.65 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
Kazakhstan (%) | 2.00 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
Kenya (%) | -2.44 2021 | yearly | 2011 - 2021 |
South Korea (%) | 1.11 Dec 2023 | quarterly | Sep 1983 - Dec 2023 |
Kosovo (%) | -0.46 Mar 2023 | quarterly | Mar 2017 - Mar 2023 |
Kuwait (%) | 1.29 2018 | yearly | 1993 - 2018 |
Kyrgyzstan (%) | 7.14 2022 | yearly | 1993 - 2022 |
Laos (%) | -0.89 2022 | yearly | 1992 - 2022 |
Latvia (%) | -1.41 Jun 2023 | quarterly | Mar 2003 - Jun 2023 |
Lebanon (%) | -9.16 2021 | yearly | 1992 - 2021 |
Lithuania (%) | -2.16 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Luxembourg (%) | -2.38 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Macau SAR, China (%) | 80.89 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
North Macedonia (%) | 1.24 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Malawi (%) | -4.08 2022 | yearly | 1992 - 2022 |
Malaysia (%) | 0.46 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Malta (%) | 0.89 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
Mauritius (%) | 4.55 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
Mexico (%) | 0.64 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
Moldova (%) | -1.25 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Mongolia (%) | 3.77 Dec 2023 | quarterly | Sep 2007 - Dec 2023 |
Montenegro (%) | -5.22 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
Morocco (%) | 5.72 2021 | yearly | 2000 - 2021 |
Mozambique (%) | -0.29 2022 | yearly | 1992 - 2022 |
Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
Nepal (%) | 0.58 2022 | yearly | 1992 - 2022 |
Netherlands (%) | -1.26 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
New Zealand (%) | -4.09 Sep 2023 | quarterly | Jun 1988 - Sep 2023 |
Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
Norway (%) | -0.17 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Oman (%) | -5.73 2022 | yearly | 1999 - 2022 |
Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
Palestinian Territory (%) | 1.78 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
Panama (%) | 5.30 2022 | yearly | 1992 - 2022 |
Paraguay (%) | 1.10 Sep 2023 | quarterly | Mar 2018 - Sep 2023 |
Peru (%) | -1.00 2022 | yearly | 2002 - 2022 |
Philippines (%) | -0.82 2022 | yearly | 1992 - 2022 |
Poland (%) | 1.43 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
Portugal (%) | 0.97 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
Romania (%) | 0.71 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Russia (%) | 2.89 Sep 2023 | quarterly | Mar 1996 - Sep 2023 |
Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
Serbia (%) | 4.48 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
Singapore (%) | -0.80 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
Slovakia (%) | 0.67 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Slovenia (%) | 1.51 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
South Africa (%) | -3.56 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
Spain (%) | -1.53 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Sri Lanka (%) | 1.62 Sep 2023 | quarterly | Jun 2013 - Sep 2023 |
Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
Sweden (%) | -1.16 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Switzerland (%) | -2.27 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -0.6 Sep 2023 | quarterly | Dec 1999 - Sep 2023 |
Consolidated Fiscal Balance (USD mn) | -114.714 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Tax Revenue (USD mn) | 78,682.575 2023 | yearly | 1999 - 2023 |
Tax Revenue: % of GDP (%) | 31.5 2022 | yearly | 1999 - 2022 |
National Government Debt (USD mn) | 99,408.0 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
Government Debt: % of GDP (%) | 37.4 Sep 2023 | quarterly | Dec 2006 - Sep 2023 |
Forecast: Government Expenditure (NZD bn) | 198.754 2028 | yearly | 1985 - 2028 |
Forecast: Government Net Debt (NZD bn) | 240.233 2028 | yearly | 1985 - 2028 |
Forecast: Government Revenue (NZD bn) | 198.840 2028 | yearly | 1985 - 2028 |
General Government: ytd: Expenses (NZD mn) | 84,661.000 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
General Government: ytd: Revenue (NZD mn) | 82,119.000 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
General Government: ytd: Borrowings (NZD mn) | 248,109.000 Dec 2023 | quarterly | Jun 2002 - Dec 2023 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.748 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -602.2 Jan 2024 | monthly | Jan 1960 - Jan 2024 |
Total Exports (USD mn) | 3,042.4 Jan 2024 | monthly | Jan 1957 - Jan 2024 |
Total Exports Growth (%) | -7.1 Jan 2024 | monthly | Jan 1952 - Jan 2024 |
Aluminum: Exports (USD th) | 899,348.562 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 148,665.511 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 256,958.049 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 3,644.6 Jan 2024 | monthly | Jan 1960 - Jan 2024 |
Total Imports Growth (%) | -20.2 Jan 2024 | monthly | Jan 1961 - Jan 2024 |
Imports: Medicament (USD th) | 974,970.031 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 727,040.199 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 321.058 Jan 2024 | monthly | Jul 1981 - Jan 2024 |
Total Imports from USA (USD mn) | 317.271 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
Total Exports to China (USD mn) | 995.067 Jan 2024 | monthly | Jul 1981 - Jan 2024 |
Total Imports from China (USD mn) | 866.706 Jan 2024 | monthly | Jul 1982 - Jan 2024 |
Exports: fob: SITC: Mineral Fuels (NZD mn) | 36.411 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
Exports: fob: SITC: Crude Materials (NZD mn) | 463.413 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 220.476 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
Exports: fob: SITC: Food & Live Animals (NZD mn) | 3,155.745 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 281.819 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
Exports: fob: Australia (NZD mn) | 547.372 Jan 2024 | monthly | Jan 1988 - Jan 2024 |
Exports: fob: United States (NZD mn) | 520.522 Jan 2024 | monthly | Jul 1981 - Jan 2024 |
Exports: fob: Japan (NZD mn) | 202.120 Jan 2024 | monthly | Jul 1981 - Jan 2024 |
Exports: fob: United Kingdom (NZD mn) | 93.827 Jan 2024 | monthly | Jul 1981 - Jan 2024 |
Exports: fob: China (NZD mn) | 1,459.079 Jan 2024 | monthly | Jul 1981 - Jan 2024 |
Exports: fob: Australia: sa (NZD mn) | 656.972 Jan 2024 | monthly | Jul 1981 - Jan 2024 |
Exports: fob: China: sa (NZD mn) | 1,613.274 Jan 2024 | monthly | Jul 1981 - Jan 2024 |
Import Volume Index: sa (Jun2002=1000) | 2,434.000 Dec 2023 | quarterly | Jun 1990 - Dec 2023 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
Household Debt: % of GDP (%) | 91.5 Sep 2023 | quarterly | Dec 1990 - Sep 2023 |
Money Supply M1 (USD mn) | 71,755.775 Jan 2024 | monthly | Dec 2016 - Jan 2024 |
Money Supply M2 (USD mn) | 250,996.762 Jan 2024 | monthly | Mar 1988 - Jan 2024 |
M2 Growth (%) | 3.8 Jan 2024 | monthly | Mar 1989 - Jan 2024 |
Foreign Exchange Reserves (USD mn) | 14,926.8 Jan 2024 | monthly | Sep 2005 - Jan 2024 |
Foreign Exchange Reserves: % of GDP (%) | 5.733 Sep 2023 | quarterly | Sep 2005 - Sep 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 4.1 Jan 2024 | monthly | Sep 2005 - Jan 2024 |
Gold Reserves (USD mn) | 0.000 Jan 2024 | monthly | Dec 1950 - Jan 2024 |
Total Deposits (USD mn) | 274,163.576 Jan 2024 | monthly | Dec 2016 - Jan 2024 |
Total Deposits Growth (%) | 2.7 Jan 2024 | monthly | Dec 2017 - Jan 2024 |
Domestic Credit (USD mn) | 366,012.0 Jan 2024 | monthly | Mar 1988 - Jan 2024 |
Domestic Credit Growth (%) | 1.4 Jan 2024 | monthly | Mar 1989 - Jan 2024 |
Credit to Households (USD bn) | 221.186 Sep 2023 | quarterly | Dec 1990 - Sep 2023 |
Credit to Private Non-Financial Sector (USD bn) | 388.325 Sep 2023 | quarterly | Mar 1960 - Sep 2023 |
Household Debt (USD mn) | 228,260.2 Jan 2024 | monthly | Dec 1990 - Jan 2024 |
Total Loans (USD mn) | 342,881.503 Jan 2024 | monthly | Dec 2016 - Jan 2024 |
Total Loans Growth (%) | 2.49 Jan 2024 | monthly | Dec 2017 - Jan 2024 |
Private Debt: % of Nominal GDP (%) | 138.97 Sep 2023 | quarterly | Mar 1988 - Sep 2023 |
Depository Corp: Money Supply: Broad Money (NZD mn) | 408,324.000 Jan 2024 | monthly | Mar 1988 - Jan 2024 |
Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 116,733.000 Jan 2024 | monthly | Dec 2016 - Jan 2024 |
Depository Corp: Domestic Credit (NZD mn) | 595,432.000 Jan 2024 | monthly | Mar 1988 - Jan 2024 |
Official Reserve Assets (NZD mn) | 29,796.048 Jan 2024 | monthly | Sep 2005 - Jan 2024 |
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 (%) | 57.800 Mar 2024 | quarterly | Jun 2011 - Mar 2024 |
House Price Inflation: Net Percent Expecting Higher (%) | -51.200 Mar 2024 | quarterly | Mar 2022 - Mar 2024 |
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