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

New Zealand current account deficit widened to NZD 2.77 billion in the fourth quarter of 2017 from NZD 2.06 billion a year earlier. It was the smallest gap for any fourth quarter in four years. The goods shortfall narrowed to NZD 1.20 billion from NZD 1.41 billion a year earlier as exports surged 20.2 percent and imports increased 16.5 percent. Meantime, the services surplus widened to NZD 1.07 billion from NZD 1.04 billion and the secondary income surplus grew to NZD 0.08 billion from NZD 0.06 billion. In contrast, the primary income deficit expanded to NZD 2.73 billion from NZD 1.75 billion a year earlier. The annual current account deficit was NZD 2.15 billion or 2.7 percent of GDP for the year ended December of 2017 (vs 2.56 billion or 2.2 percent of GDP for the year ended December of 2016). Current Account in New Zealand averaged -1013.07 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
2017-09-19 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$-4.68B NZ$-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$-2.77B -3.5B
2018-09-19 10:45 PM Current Account -2.9B
2018-12-19 09:45 PM Current Account -3.4B


New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade -86.00 172.00 1157.64 -1387.99 NZD Million [+]
Exports 4854.00 4433.00 5507.65 19.68 NZD Million [+]
Imports 4940.00 4261.00 5835.58 37.85 NZD Million [+]
Current Account -2770.00 -4833.00 1411.00 -6102.00 NZD Million [+]
Current Account to GDP -2.70 -3.40 -0.90 -8.90 percent [+]
External Debt 270566.00 270567.00 270567.00 67673.00 NZD Million [+]
Terms of Trade 1463.00 1451.00 1463.00 796.00 Index Points [+]
Capital Flows 1479.00 2146.00 7149.00 -3332.00 NZD Million [+]
Foreign Direct Investment 3167.00 -679.00 3167.00 -7322.00 NZD Million [+]
Tourist Arrivals 388327.00 423456.00 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 30.00 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-2770.00 -4833.00 1411.00 -6102.00 1971 - 2017 NZD Million Quarterly
Current Prices, NSA




current account by Country
Country Last
Australia -14024.00 Dec/17
Brazil 797.60 Mar/18
Canada -16346.00 Dec/17
China -282.00 Mar/18
Euro Area 22.73 Feb/18
France -1269.00 Mar/18
Germany 29100.00 Mar/18
India -13465.11 Dec/17
Indonesia -5500.00 Mar/18
Italy 838.60 Feb/18
Japan 3122.30 Mar/18
Mexico -3206.60 Dec/17
Netherlands 20903.90 Dec/17
Russia 28800.00 Mar/18
South Korea 5180.00 Mar/18
Spain -450.00 Feb/18
Switzerland 19679.42 Dec/17
Turkey -4812.00 Mar/18
United Kingdom -18443.00 Dec/17
United States -128158.00 Dec/17


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