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New Zealand * 38,311 46,744 54,196 ... Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social ...
The economy of New Zealand is a highly developed free-market economy. [23] It is the 52nd-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 63rd-largest in the world when measured by purchasing power parity (PPP).
Median weekly household income in New Zealand fell slightly or stagnated from 2009 to 2010 during the "great recession" period. In June 2009 it was $1,234 [ 7 ] and June 2010 it was $1,236. [ 8 ] In 2011 household incomes recovered to beyond the high of 2008 again – median weekly household incomes increased again to $1,289.
US$594 per month (including mandatory 13th and 14th salaries, minimal 15 days vacation period per year and mandatory reserve funds after one year of continuous work). The minimum wage set by the government for 2025 is $470 per month without social benefits.
New Zealand is considered by some to be unique among Western countries for its high levels of ethnic intermarriage, [8] which has historically been viewed with tolerance. [9] [10] [8] According to a 2006 study, Māori have on average roughly 43% European ancestry, although the notion of being "mixed-race" is uncommon. [11] [12]
The gender pay gap in New Zealand is the difference in the median hourly wages of men and women in New Zealand. In 2020 the gender pay gap is 9.5%. It is an economic indicator used to measure pay equality. The gender pay gap is an official statistic published annually by Stats NZ sourced from the Household Labour Force Survey.
An egalitarian New Zealand was briefly realised in the interwar and post-war periods, when successive governments sponsored a massive state housing programme. Economic inequality in New Zealand is one of the social issues present in the country. Between 1982 and 2011, New Zealand's gross domestic product grew by 35%. Almost half of that ...
MPs' salaries were temporarily reduced during the COVID-19 pandemic in New Zealand. [23] As of July 2024 [update] , the prime minister's salary is set at NZ$ 498,300. [ citation needed ] In addition, like all other ministers and MPs, the prime minister receives annual allowances for travel and lodging, as do the prime minister's spouse and ...