New Zealand Current Account  1971-2017 | Data | Chart | Calendar

New Zealand current account deficit narrowed to NZD 618 million in the second quarter of 2017 from NZD 858 million a year earlier. It was the smallest gap for any second quarter since 2011. The services surplus increased to NZD 778 million from NZD 516 million in June of 2016; the primary income deficit widened to NZD 1910 million from a NZD 1874 million gap a year earlier. Meanwhile, the secondary income deficit also widened to NZD 522 million from NZD 361 million. The annual current account deficit was NZD 7.49 billion or 2.8 percent of GDP for the year ended June of 2017 (vs NZD 6.83 or 2.7 percent of GDP a year earlier). Current Account in New Zealand averaged -984.32 NZD Million from 1971 until 2017, reaching an all time high of 1411 NZD Million in the first quarter of 2014 and a record low of -6102 NZD Million in the third quarter of 2008.

New Zealand Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-03-14 09:45 PM Current Account NZ$-2.34B NZ$ -5.03B NZ$-2.543B NZ$ -2.4B
2017-06-13 10:45 PM Current Account NZ$0.24B NZ$-2.4B NZ$0.922B NZ$1.5B
2017-09-19 10:45 PM Current Account NZ$-0.62B NZ$0.24B -0.88B NZ$-1.2B
2017-12-19 09:45 PM Current Account NZ$-0.62B NZ$-0.88B NZ$-2.2B
2018-03-13 09:45 PM Current Account
2018-06-19 10:45 PM Current Account


New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade -871.11 -1155.58 1157.64 -1387.99 NZD Million [+]
Exports 4560.50 3774.27 5032.54 19.68 NZD Million [+]
Imports 5431.61 4929.85 5431.61 37.85 NZD Million [+]
Current Account -618.00 221.00 1411.00 -6102.00 NZD Million [+]
Current Account to GDP -2.70 -3.40 -0.90 -8.90 percent [+]
External Debt 263282.00 261496.00 263282.00 67673.00 NZD Million [+]
Terms of Trade 1446.00 1435.00 1446.00 796.00 Index Points [+]
Capital Flows 96.00 -784.00 7149.00 -3332.00 NZD Million [+]
Foreign Direct Investment 1441.00 1010.00 3096.00 -7322.00 NZD Million [+]
Tourist Arrivals 270515.00 252746.00 494193.00 40.00 [+]
Terrorism Index 0.61 0.23 1.19 0.00 [+]
Weapons Sales 6.00 1.00 75.00 1.00 USD Million [+]
Crude Oil Production 32.00 32.00 72.00 15.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



New Zealand Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - New Zealand Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Current Account - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-618.00 221.00 1411.00 -6102.00 1971 - 2017 NZD Million Quarterly
Current Prices, NSA




current account by Country
Country Last
Australia -9125.00 Sep/17
Brazil -343.00 Oct/17
Canada -19346.00 Sep/17
China 371.00 Sep/17
Euro Area 41.81 Sep/17
France -2227.00 Oct/17
Germany 18100.00 Oct/17
India -7200.00 Sep/17
Indonesia -4336.80 Sep/17
Italy 4307.00 Sep/17
Japan 2176.40 Oct/17
Mexico -5527.90 Sep/17
Netherlands 15416.30 Jun/17
Russia 1200.00 Sep/17
South Korea 5720.00 Oct/17
Spain 2359.00 Sep/17
Switzerland 18748.00 Jun/17
Turkey -3827.00 Oct/17
United Kingdom -23182.00 Jun/17
United States -123137.00 Jun/17