New Zealand Current Account  1971-2018 | Data | Chart | Calendar

New Zealand current account deficit narrowed to NZD 0.18 billion in the first quarter of 2018 from NZD 0.40 billion a year earlier. The goods balance flipped to a NZD 0.38 billion deficit from NZD 0.16 billion surplus a year earlier as imports surged 12.2 percent and exports increased 7.7 percent. In contrast, the services surplus widened to NZD 3.13 billion from NZD 2.71 billion, whereas the primary income deficit widened to NZD 2.45 billion from NZD 2.31 billion. Meantime, the secondary income shortfall narrowed to NZD 0.11 billion from NZD 0.16 billion. The annual current account deficit was NZD 7.91 billion or 2.8 percent of GDP for the year ended March 2018 (vs 7.16 billion or 2.6 percent of GDP for the year ended March 2017). Current Account in New Zealand averaged -1006.26 NZD Million from 1971 until 2018, 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
2017-12-19 09:45 PM Current Account NZ$-4.68B NZ$-0.62B NZ$-4.29B NZ$-2.2B
2018-03-13 09:45 PM Current Account NZ$-2.77B NZ$-4.68B NZ$-2.4B NZ$-3.8B
2018-06-19 10:45 PM Current Account NZ$0.18B NZ$-2.77B NZ$0.05B NZ$-2.8B
2018-09-19 10:45 PM Current Account NZ$0.18B -1B
2018-12-19 09:45 PM Current Account -4.5B


New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade -113.00 208.00 1157.64 -1387.99 NZD Million [+]
Exports 4909.00 5355.00 5508.34 19.68 NZD Million [+]
Imports 5020.00 5147.00 5835.58 37.85 NZD Million [+]
Current Account 180.00 -2745.00 1411.00 -6102.00 NZD Million [+]
Current Account to GDP -2.80 -2.60 -0.10 -8.90 percent [+]
External Debt 273275.00 270566.00 273275.00 67673.00 NZD Million [+]
Terms of Trade 1445.00 1472.00 1472.00 796.00 Index Points [+]
Capital Flows 105.00 1479.00 7149.00 -3332.00 NZD Million [+]
Foreign Direct Investment 122.00 3167.00 3167.00 -7322.00 NZD Million [+]
Tourist Arrivals 212245.00 222079.00 513349.00 40.00 [+]
Terrorism Index 0.61 0.23 1.19 0.00 [+]
Weapons Sales 4.00 12.00 75.00 0.00 USD Million [+]
Crude Oil Production 23.00 23.00 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
180.00 -2745.00 1411.00 -6102.00 1971 - 2018 NZD Million Quarterly
Current Prices, NSA




current account by Country
Country Last
Australia -10469.00 Mar/18
Brazil 435.00 Jun/18
Canada -19496.00 Mar/18
China 58.00 Jun/18
Euro Area 28.50 Jun/18
France -2333.00 Jun/18
Germany 26200.00 Jun/18
India -13000.00 Mar/18
Indonesia -8028.00 Jun/18
Italy 5135.00 Jun/18
Japan 1175.60 Jun/18
Mexico -6940.80 Mar/18
Netherlands 21821.00 Mar/18
Russia 22300.00 Jun/18
South Korea 7380.00 Jun/18
Spain 2437.00 May/18
Switzerland 18134.28 Mar/18
Turkey -2973.00 Jun/18
United Kingdom -17720.00 Mar/18
United States -124105.00 Mar/18


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