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New Zealand's overall productivity fell in 2024, despite gains in primary industries.
New Zealand's productivity in key economic sectors declined in the year ending March 2024, with labor and multifactor productivity dropping by 0.7% and 0.9% respectively.
The decline was due to inputs rising faster than outputs.
While primary industries saw a 9.8% increase in labor productivity, sectors like accommodation, food services, and wholesale trade experienced productivity decreases.
Detailed statistics are available for download from Stats NZ.
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La productividad general de Nueva Zelanda cayó en 2024, a pesar de las ganancias en las industrias primarias.