New Zealand Current Account  Forecast


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Current Account in New Zealand is expected to be -2440.45 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in New Zealand to stand at -3056.46 in 12 months time. In the long-term, the New Zealand Current Account is projected to trend around -2117.87 NZD Million in 2020, according to our econometric models.


New Zealand Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -1143 -520 312 202 -203 -101
Exports 3779 3947 3910 3866 3824 3489
Imports 4922 4836 4794 4756 4719 4412
Current Account -618 -2440 129 -675 -3056 -2118
Current Account to GDP -2.7 -4.12 -4.23 -4.33 -4.44 -5.38
External Debt 263282 263696 263734 263662 263522 260621
Terms of Trade 1437 1438 1434 1428 1422 1371
Capital Flows 96 773 407 994 2380 1764
Foreign Direct Investment 1441 425 291 443 523 499
Tourist Arrivals 270515 222500 197100 179300 167300 142900
Terrorism Index 0.61 0.01 0.02 0.03 0.04 0.45
Weapons Sales 6 8.46 9.8 11.14 12.47 18.13
Crude Oil Production 32 30.34 31.36 32.25 33 36.44