In 2020, the national minimum wage in New Zealand remained fixed at 1,936 € per month, that is 23,232 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in New Zealand dollars, which is the official currency in New Zealand, we can see that, this year, it was 3,224 New Zealand dollars and accordingly, the national minimum wage has been raised 273 New Zealand dollars per month from the previous year, 9.25%. This increase is greater than the CPI of 2019 which was 1.9%, so workers have gained buying power in the last year.
If we look at the ranking of the national minimum wage that we publish, New Zealand is one of the countries with the highest minimum salary of the 100 of the list.
The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.
In the table that follows we show you the progression of the National Minimum Wage New Zealand. You can see NMW in other countries in National Minimum Wage 2020 and see all the information about this country in New Zealand economy.