Estonia vs New Zealand: Real minimum wages at constant prices — Statutory minimum wages
Real minimum wages at constant prices — Statutory minimum wages over time
- Estonia
- New Zealand
How they compare
New Zealand currently reports 28,311 US dollars, exchange rate converted against 12,014 US dollars, exchange rate converted in Estonia, a difference of 16,297 US dollars, exchange rate converted.
That makes New Zealand's figure about 2.4 times Estonia's.
Across all 28 years both countries report, New Zealand has been ahead every year.
Estonia ranks 5th and New Zealand ranks 7th of 7 countries.
New Zealand has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Estonia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2,913 US dollars, exchange rate converted | 16,332 US dollars, exchange rate converted | 13,419 US dollars, exchange rate converted | New Zealand |
| 2000s | 5,178 US dollars, exchange rate converted | 19,055 US dollars, exchange rate converted | 13,878 US dollars, exchange rate converted | New Zealand |
| 2010s | 8,332 US dollars, exchange rate converted | 23,602 US dollars, exchange rate converted | 15,271 US dollars, exchange rate converted | New Zealand |
| 2020s | 11,294 US dollars, exchange rate converted | 28,349 US dollars, exchange rate converted | 17,055 US dollars, exchange rate converted | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real minimum wages at constant prices — statutory minimum wages, Estonia or New Zealand?
- New Zealand, at 28,311 US dollars, exchange rate converted against 12,014 US dollars, exchange rate converted in Estonia as of 2025.
- What is the difference in real minimum wages at constant prices — statutory minimum wages between Estonia and New Zealand?
- 16,297 US dollars, exchange rate converted, with New Zealand ahead.
- How many years of comparable data are there for Estonia and New Zealand?
- 28 years are reported by both, from 1998 to 2025.
- How do Estonia and New Zealand rank globally for real minimum wages at constant prices — statutory minimum wages?
- Estonia ranks 5th and New Zealand ranks 7th of 7 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Real minimum wages at constant prices — Statutory minimum wages. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Real minimum wages are statutory minimum wages converted into a common hourly and annual pay period for the 30 OECD countries and two other non-member countries for which they are available. Real hourly and annual minimum wages are calculated first by deflating the series using the consumer price index taking 2024 as the base year then converted into common currency units 1) US dollars (USD) and 2) USD using Purchasing Power Parities (PPPs) for private consumption expenditures in 2024.