New Zealand Labour Force Participation Rate
1986 - 2024 | Quarterly | % | Statistics New Zealand
Key information about New Zealand Labour Force Participation Rate
- New Zealand Labour Force Participation Rate dropped to 71.3 % in Jun 2024, compared with 71.8 % in the previous quarter.
- New Zealand Labour Force Participation Rate is updated quarterly, available from Mar 1986 to Jun 2024, with an average rate of 67.2 % .
- The data reached the an all-time high of 72.3 % in Dec 2023 and a record low of 62.6 % in Sep 1992.
- New Zealand Labour Force Participation Rate is reported by reported by Statistics New Zealand.
- In the latest reports, New Zealand Population reached 5.3 million people in Dec 2023.
- Unemployment Rate of New Zealand increased to 4.6 % in Jun 2024.
- The country's Monthly Earnings stood at 3,903.7 USD in Jun 2024.
View New Zealand's Labour Force Participation Rate from Mar 1986 to Jun 2024 in the chart:
What was New Zealand's Labour Force Participation Rate in Jun 2024?
New Zealand Labour Force Participation Rate dropped to 71.3 % in Jun 2024, compared with 71.8 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 71.3 Jun 2024 | 71.8 Mar 2024 | 62.6 Sep 1992 | 72.3 Dec 2023 | % | quarterly | Mar 1986 - Jun 2024 |
Labour Force Participation Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 63.9 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Algeria (%) | 41.7 2018 | yearly | 2003 - 2018 |
| Argentina (%) | 60.8 2023 | yearly | 1990 - 2023 |
| Armenia (%) | 60.4 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Australia (%) | 66.9 Sep 2024 | monthly | Feb 1978 - Sep 2024 |
| Austria (%) | 77.1 Jun 2022 | quarterly | Mar 2021 - Jun 2022 |
| Azerbaijan (%) | 70.2 2023 | yearly | 1990 - 2023 |
| Bahrain (%) | 71.9 2023 | yearly | 1990 - 2023 |
| Bangladesh (%) | 58.2 2023 | yearly | 1990 - 2023 |
| Belarus (%) | 86.8 2022 | yearly | 1995 - 2022 |
| Belgium (%) | 70.3 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Bolivia (%) | 77.7 Sep 2022 | quarterly | Dec 2015 - Sep 2022 |
| Bosnia and Herzegovina (%) | 47.8 2023 | yearly | 2006 - 2023 |
| Botswana (%) | 64.5 2023 | yearly | 1990 - 2023 |
| Brazil (%) | 62.4 Sep 2024 | monthly | Mar 2012 - Sep 2024 |
| Brunei (%) | 64.3 2023 | yearly | 1990 - 2023 |
| Bulgaria (%) | 55.5 Jun 2024 | quarterly | Jun 2000 - Jun 2024 |
| Cambodia (%) | 87.4 2020 | yearly | 2020 - 2020 |
| Canada (%) | 66.2 Aug 2024 | monthly | Jan 1976 - Aug 2024 |
| Chile (%) | 61.7 Sep 2024 | monthly | Mar 2009 - Sep 2024 |
| China (%) | 66.4 2023 | yearly | 1990 - 2023 |
| Colombia (%) | 63.5 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Croatia (%) | 54.1 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Cyprus (%) | 65.1 Jun 2024 | quarterly | Jun 1999 - Jun 2024 |
| Czech Republic (%) | 60.2 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Denmark (%) | 74.3 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Ecuador (%) | 65.5 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
| Egypt (%) | 43.4 2023 | yearly | 2009 - 2023 |
| Estonia (%) | 67.8 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| European Union (%) | 75.6 2022 | yearly | 1990 - 2022 |
| Finland (%) | 67.4 Sep 2024 | monthly | May 2004 - Sep 2024 |
| France (%) | 74.5 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Georgia (%) | 53.3 2023 | yearly | 1998 - 2023 |
| Germany (%) | 56.0 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Ghana (%) | 68.8 2023 | yearly | 1990 - 2023 |
| Greece (%) | 61.9 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Hong Kong SAR, China (%) | 57.2 Aug 2024 | monthly | Dec 1981 - Aug 2024 |
| Hungary (%) | 68.3 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Iceland (%) | 81.2 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| India (%) | 42.4 2023 | yearly | 1990 - 2023 |
| Indonesia (%) | 70.6 Aug 2024 | semiannually | Feb 2005 - Aug 2024 |
| Iran (%) | 41.0 Dec 2022 | quarterly | Jun 2018 - Dec 2022 |
| Ireland (%) | 66.0 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Israel (%) | 62.9 Sep 2024 | monthly | Jan 2012 - Sep 2024 |
| Italy (%) | 65.9 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Ivory Coast (%) | 64.4 2023 | yearly | 1990 - 2023 |
| Japan (%) | 63.5 Sep 2024 | monthly | Jan 1968 - Sep 2024 |
| Jordan (%) | 39.4 2023 | yearly | 1990 - 2023 |
| Kazakhstan (%) | 68.1 Jun 2024 | quarterly | Jun 2001 - Jun 2024 |
| Kenya (%) | 73.7 2023 | yearly | 1990 - 2023 |
| South Korea (%) | 64.6 Sep 2024 | monthly | Jun 1999 - Sep 2024 |
| Kosovo (%) | 42.3 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| Kuwait (%) | 71.5 2023 | yearly | 1990 - 2023 |
| Kyrgyzstan (%) | 58.7 2023 | yearly | 1994 - 2023 |
| Laos (%) | 59.6 2023 | yearly | 1990 - 2023 |
| Latvia (%) | 69.1 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Lebanon (%) | 45.5 2023 | yearly | 1990 - 2023 |
| Lithuania (%) | 64.0 Sep 2024 | quarterly | Jun 1998 - Sep 2024 |
| Luxembourg (%) | 55.0 2023 | yearly | 2000 - 2023 |
| Macau SAR, China (%) | 68.1 Sep 2024 | monthly | Sep 1996 - Sep 2024 |
| North Macedonia (%) | 52.1 Jun 2024 | quarterly | Mar 2023 - Jun 2024 |
| Malawi (%) | 69.0 2023 | yearly | 1990 - 2023 |
| Malaysia (%) | 70.4 Aug 2024 | monthly | Jan 2010 - Aug 2024 |
| Malta (%) | 81.3 Mar 2024 | quarterly | Mar 2018 - Mar 2024 |
| Mauritius (%) | 58.3 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Mexico (%) | 60.0 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Moldova (%) | 45.0 Jun 2024 | quarterly | Mar 2015 - Jun 2024 |
| Mongolia (%) | 62.2 Jun 2024 | quarterly | Sep 2006 - Jun 2024 |
| Montenegro (%) | 63.8 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Morocco (%) | 43.6 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Mozambique (%) | 79.0 2023 | yearly | 1990 - 2023 |
| Myanmar (%) | 59.4 2020 | yearly | 1991 - 2020 |
| Nepal (%) | 40.5 2023 | yearly | 1990 - 2023 |
| Netherlands (%) | 72.9 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| New Zealand (%) | 71.3 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Nigeria (%) | 59.1 2023 | yearly | 1990 - 2023 |
| Norway (%) | 65.3 2023 | yearly | 1989 - 2023 |
| Oman (%) | 68.3 2023 | yearly | 1990 - 2023 |
| Pakistan (%) | 32.3 2021 | yearly | 1990 - 2021 |
| Palestinian Territory (%) | 45.6 Jun 2024 | quarterly | Jun 2002 - Jun 2024 |
| Panama (%) | 62.4 2023 | yearly | 2003 - 2023 |
| Paraguay (%) | 69.5 Jun 2024 | quarterly | Mar 2017 - Jun 2024 |
| Peru (%) | 72.4 2022 | yearly | 2001 - 2022 |
| Philippines (%) | 63.5 Jul 2024 | quarterly | Jul 2003 - Jul 2024 |
| Poland (%) | 58.3 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Portugal (%) | 60.0 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Qatar (%) | 87.7 2023 | yearly | 2006 - 2023 |
| Romania (%) | 52.7 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Russia (%) | 68.4 Feb 2024 | monthly | Aug 2009 - Feb 2024 |
| Saudi Arabia (%) | 61.7 Mar 2023 | quarterly | Jun 2016 - Mar 2023 |
| Serbia (%) | 56.2 Mar 2024 | quarterly | Mar 2014 - Mar 2024 |
| Slovakia (%) | 61.6 Jun 2024 | quarterly | Mar 2021 - Jun 2024 |
| Slovenia (%) | 58.6 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| South Africa (%) | 60.6 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Spain (%) | 59.0 Sep 2024 | quarterly | Mar 2021 - Sep 2024 |
| Sri Lanka (%) | 47.8 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Sudan (%) | 47.6 2023 | yearly | 1990 - 2023 |
| Sweden (%) | 74.8 Sep 2024 | monthly | Apr 2005 - Sep 2024 |
| Switzerland (%) | 67.3 Mar 2024 | quarterly | Mar 2010 - Mar 2024 |
| Syria (%) | 38.7 2023 | yearly | 1990 - 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.6 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -4,811.588 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Tax Revenue (USD mn) | 80,859.209 2024 | yearly | 1999 - 2024 |
| Tax Revenue: % of GDP (%) | 30.8 2023 | yearly | 1999 - 2023 |
| National Government Debt (USD mn) | 107,268.9 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| Government Debt: % of GDP (%) | 42.6 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| Forecast: Government Expenditure (NZD bn) | 194.423 2029 | yearly | 1985 - 2029 |
| Forecast: Government Net Debt (NZD bn) | 236.804 2029 | yearly | 1985 - 2029 |
| Forecast: Government Revenue (NZD bn) | 195.599 2029 | yearly | 1985 - 2029 |
| General Government: ytd: Revenue (NZD mn) | 167,347.000 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| General Government: ytd: Expenses (NZD mn) | 180,061.000 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| General Government: ytd: Borrowings (NZD mn) | 250,943.000 Jun 2024 | quarterly | Jun 2002 - Jun 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.471 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | -1,312.0 Sep 2024 | monthly | Jan 1960 - Sep 2024 |
| Total Exports (USD mn) | 3,119.1 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Total Exports Growth (%) | 5.2 Sep 2024 | monthly | Jan 1952 - Sep 2024 |
| Aluminum: Exports (USD th) | 796,821.124 2023 | yearly | 1995 - 2023 |
| 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) | 4,431.2 Sep 2024 | monthly | Jan 1960 - Sep 2024 |
| Total Imports Growth (%) | -0.9 Sep 2024 | monthly | Jan 1961 - Sep 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) | 372.945 Sep 2024 | monthly | Jul 1981 - Sep 2024 |
| Total Imports from USA (USD mn) | 605.123 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| Total Exports to China (USD mn) | 839.029 Sep 2024 | monthly | Jul 1981 - Sep 2024 |
| Total Imports from China (USD mn) | 822.811 Sep 2024 | monthly | Jul 1982 - Sep 2024 |
| Term Trade Index (Jun2002=1000) | 1,393.000 Jun 2024 | quarterly | Mar 1957 - Jun 2024 |
| Exports: fob: SITC: Crude Materials (NZD mn) | 663.638 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Exports: fob: SITC: Mineral Fuels (NZD mn) | 32.306 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Exports: fob: SITC: Food & Live Animals (NZD mn) | 2,745.534 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 466.179 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 264.307 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Exports: fob: Australia (NZD mn) | 759.454 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Exports: fob: Japan (NZD mn) | 243.068 Sep 2024 | monthly | Jul 1981 - Sep 2024 |
| Exports: fob: China (NZD mn) | 1,137.598 Sep 2024 | monthly | Jul 1981 - Sep 2024 |
| Exports: fob: United States (NZD mn) | 599.204 Sep 2024 | monthly | Jul 1981 - Sep 2024 |
| Exports: fob: United Kingdom (NZD mn) | 108.231 Sep 2024 | monthly | Jul 1981 - Sep 2024 |
| Exports: fob: Australia: sa (NZD mn) | 725.819 Sep 2024 | monthly | Jul 1981 - Sep 2024 |
| Exports: fob: China: sa (NZD mn) | 1,348.055 Sep 2024 | monthly | Jul 1981 - Sep 2024 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,584.000 Jun 2024 | quarterly | Mar 1951 - Jun 2024 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,441.000 Jun 2024 | quarterly | Jun 1990 - Jun 2024 |
| Import Volume Index (Jun2002=1000) | 2,414.000 Jun 2024 | quarterly | Mar 1949 - Jun 2024 |
| Import Volume Index: sa (Jun2002=1000) | 2,572.000 Jun 2024 | quarterly | Jun 1990 - Jun 2024 |
| Export Value Index (2015=100) | 130.280 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 136.389 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 91.0 Jun 2024 | quarterly | Dec 1990 - Jun 2024 |
| Money Supply M1 (USD mn) | 74,207.851 Sep 2024 | monthly | Dec 2016 - Sep 2024 |
| Money Supply M2 (USD mn) | 265,403.275 Sep 2024 | monthly | Mar 1988 - Sep 2024 |
| M2 Growth (%) | 3.0 Sep 2024 | monthly | Mar 1989 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 17,316.3 Sep 2024 | monthly | Sep 2005 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 5.764 Jun 2024 | quarterly | Sep 2005 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.8 Sep 2024 | monthly | Sep 2005 - Sep 2024 |
| Gold Reserves (USD mn) | 0.000 Sep 2024 | monthly | Dec 1950 - Sep 2024 |
| Total Deposits (USD mn) | 290,883.909 Sep 2024 | monthly | Dec 2016 - Sep 2024 |
| Total Deposits Growth (%) | 3.2 Sep 2024 | monthly | Dec 2017 - Sep 2024 |
| Domestic Credit (USD mn) | 382,408.7 Sep 2024 | monthly | Mar 1988 - Sep 2024 |
| Domestic Credit Growth (%) | 1.4 Sep 2024 | monthly | Mar 1989 - Sep 2024 |
| Credit to Households (USD bn) | 234.071 Dec 2023 | quarterly | Dec 1990 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 412.164 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Household Debt (USD mn) | 241,301.5 Sep 2024 | monthly | Dec 1990 - Sep 2024 |
| Total Loans (USD mn) | 361,060.799 Sep 2024 | monthly | Dec 2016 - Sep 2024 |
| Total Loans Growth (%) | 2.71 Sep 2024 | monthly | Dec 2017 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 137.41 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 417,104.000 Sep 2024 | monthly | Mar 1988 - Sep 2024 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 116,624.000 Sep 2024 | monthly | Dec 2016 - Sep 2024 |
| Depository Corp: Domestic Credit (NZD mn) | 600,988.000 Sep 2024 | monthly | Mar 1988 - Sep 2024 |
| Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 19,148.577 Sep 2024 | monthly | Sep 2005 - Sep 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 (%) | 64.900 Jun 2024 | quarterly | Jun 2011 - Jun 2024 |
| House Price Inflation: Net Percent Expecting Higher (%) | -47.300 Jun 2024 | quarterly | Mar 2022 - Jun 2024 |
| Performance Manufacturing Index (NA) | 47.800 Sep 2024 | monthly | Aug 2002 - Sep 2024 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | 71.700 Oct 2024 | monthly | Feb 1991 - Oct 2024 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | 65.500 Oct 2024 | monthly | Feb 1991 - Oct 2024 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | 65.700 Oct 2024 | monthly | Feb 1991 - Oct 2024 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | 66.700 Oct 2024 | monthly | Feb 1991 - Oct 2024 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | 63.200 Oct 2024 | monthly | Feb 1991 - Oct 2024 |
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