Compensation of employees in New Zealand
New Zealand: Compensation of employees was 21.5% in 2022. ▲ Rising
Compensation of employees in New Zealand, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, compensation of employees in New Zealand stood at 21.5%.
That represents a change of down 6.9% on the previous year and down 9.4% over ten years.
Over the whole period, compensation of employees in New Zealand peaked at 27.3% in 2002 and was at its lowest, 17.2%, in 1984.
New Zealand ranks 91st of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 39 years of available data.
Compensation of employees in New Zealand, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 25.1% | — |
| 1973 | 25.1% | -0.3% |
| 1974 | 25.3% | +1.0% |
| 1975 | 23.6% | -6.8% |
| 1976 | 23.3% | -1.4% |
| 1977 | 21.8% | -6.2% |
| 1978 | 21.7% | -0.4% |
| 1979 | 22.1% | +1.5% |
| 1980 | 23.2% | +5.2% |
| 1981 | 21.9% | -5.8% |
| 1982 | 19.9% | -8.8% |
| 1983 | 18.8% | -5.6% |
| 1984 | 17.2% | -8.7% |
| 1985 | 17.8% | +3.9% |
| 1986 | 18.0% | +0.8% |
| 1987 | 17.2% | -4.3% |
| 1988 | 17.3% | +0.7% |
| 2001 | 25.4% | +46.4% |
| 2002 | 27.3% | +7.7% |
| 2003 | 24.2% | -11.5% |
| 2004 | 25.4% | +4.9% |
| 2005 | 25.6% | +1.0% |
| 2006 | 25.8% | +0.9% |
| 2007 | 25.0% | -3.4% |
| 2008 | 26.5% | +6.2% |
| 2009 | 24.4% | -7.9% |
| 2010 | 24.2% | -1.0% |
| 2011 | 20.5% | -15.1% |
| 2012 | 23.8% | +15.9% |
| 2013 | 24.0% | +0.9% |
| 2014 | 24.2% | +0.7% |
| 2015 | 24.5% | +1.3% |
| 2016 | 24.4% | -0.5% |
| 2017 | 24.3% | -0.3% |
| 2018 | 24.3% | -0.1% |
| 2019 | 24.9% | +2.7% |
| 2020 | 21.9% | -12.0% |
| 2021 | 23.1% | +5.5% |
| 2022 | 21.5% | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.5% | 21.7% | 25.3% | 8 |
| 1980s | 19.0% | 17.2% | 23.2% | 9 |
| 2000s | 25.5% | 24.2% | 27.3% | 9 |
| 2010s | 23.9% | 20.5% | 24.9% | 10 |
| 2020s | 22.2% | 21.5% | 23.1% | 3 |
Countries ranked near New Zealand
- 88 Bolivia, Plurinational State of 22.2% compare
- 89 Myanmar 22.0% compare
- 90 Equatorial Guinea 21.7% compare
- 92 Uzbekistan 21.3% compare
- 93 Portugal 21.1% compare
- 94 Türkiye 20.9% compare
More public sector data for New Zealand
- Arms imports 200.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 37.81 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -50.62 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 200.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 566.83 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0115 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.01 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 3.00 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,538 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in New Zealand?
- Compensation of employees in New Zealand was 21.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in New Zealand?
- The highest recorded value was 27.3% in 2002.
- What is the lowest compensation of employees recorded in New Zealand?
- The lowest recorded value was 17.2% in 1984.
- How does New Zealand rank for compensation of employees?
- New Zealand ranks 91st out of 155 countries with data for 2022.
- Is compensation of employees rising or falling in New Zealand?
- Over the last ten years it is down 9.4%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.