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

New Zealand current account gap widened to NZD 4891 million in the third quarter of 2016 from a NZD 4782 million shortfall a year earlier and slightly below market expectations of NZD 5015 million. It is the biggest deficit in two years. The goods gap increased to NZD 2586 million (NZD -2469 million a year earlier); the services gap jumped to NZD 85 million (NZD -3 million a year earlier) and the secondary income account swang to a NZD 145 million deficit (NZD +5 million a year earlier). In contrast, the primary income shortfall decreased to NZD 2075 million from a NZD 2315 million deficit a year earlier. The annual current account deficit was NZD 7.5 billion or 2.9 percent of GDP for the year ended September 2016 (NZD 8.5 billion or 3.5 percent of GDP a year earlier). Current Account in New Zealand averaged -988.44 NZD Million from 1971 until 2016, reaching an all time high of 1421 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 Reference Actual Previous Consensus Forecast (i)
2016-06-14 10:45 PM Q1 NZ$1.31B NZ$-2.89B NZ$1.05B NZ$ 0.6B
2016-09-13 10:45 PM Q2 NZ$ -0.94B NZ$1.18B N$-0.411B N$-0.3B
2016-12-21 09:45 PM Q3 NZ$ -4.89B NZ$ -0.94B NZ$ -5.015B NZ$ -2.2B
2017-03-14 09:45 PM Q4 NZ$ -4.89B -2.4B
2017-06-14 10:45 PM Q1 0.76B
2017-09-13 10:45 PM Q2 -1.2B




New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade -704.62 -815.00 1157.64 -1394.00 NZD Million [+]
Exports 3855.30 3908.00 5032.54 19.68 NZD Million [+]
Imports 4559.92 4723.00 4975.09 37.85 NZD Million [+]
Current Account -4891.00 -932.00 1421.00 -6102.00 NZD Million [+]
Current Account to GDP -3.10 -3.30 -0.90 -8.90 percent [+]
External Debt 260715.00 257957.00 260715.00 67673.00 NZD Million [+]
Terms of Trade 1273.00 1297.00 1438.00 796.00 Index Points [+]
Capital Flows 5247.00 873.00 7149.00 -3332.00 NZD Million [+]
Foreign Direct Investment 334.00 -197.00 3717.00 -7322.00 NZD Million [+]
Tourist Arrivals 333598.00 260246.00 444883.00 40.00 [+]
Crude Oil Production 33.00 38.00 72.00 15.00 BBL/D/1K [+]
Weapons Sales 7.00 75.00 75.00 1.00 USD Million [+]
Terrorism Index 0.23 1.19 1.19 0.00 [+]



New Zealand Current Account Notes

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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-4891.00 -932.00 1421.00 -6102.00 1971 - 2016 NZD Million Quarterly
Current Prices, NSA



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Afghanistan -4809.97 Dec/15
Albania -207.64 Sep/16
Algeria -6.77 Dec/15
Angola -10272.80 Dec/15
Argentina -2970.00 Sep/16
Armenia 52.40 Sep/16
Australia -11358.00 Sep/16
Austria 916.00 Sep/16
Azerbaijan -312.00 Sep/16
Bahamas -436.60 Sep/16
Bahrain -282.80 Dec/15
Bangladesh 773.00 Jun/16
Belarus 223.40 Sep/16
Belgium 525.00 Sep/16
Belize -87.10 Jun/16
Benin -884.91 Dec/14
Bhutan -36084.70 Dec/15
Bolivia -513.00 Mar/16
Bosnia and Herzegovina -209.63 Sep/16
Botswana 11404.90 Jun/16
Brazil -877.90 Nov/16
Brunei 835.20 Dec/14
Bulgaria 116.00 Nov/16
Burkina Faso -448.30 Dec/15
Burundi -371.20 Dec/15
Cambodia -1073.00 Sep/16
Cameroon -692.24 Dec/14
Canada -18299.00 Sep/16
Cape Verde -1639.30 Sep/16
Cayman Islands -626.90 Dec/15
Central African Republic -25.90 Dec/13
Chad -963.10 Dec/15
Chile -2772.00 Sep/16
China 692.54 Sep/16
Colombia -3434.00 Sep/16
Comoros -23012.00 Dec/16
Congo -2919.80 Dec/14
Costa Rica -591.10 Sep/16
Croatia 3344.70 Sep/16
Cuba 101.00 Dec/15
Cyprus 331.00 Sep/16
Czech Republic -829.37 Sep/16
Denmark 18365.00 Nov/16
Djibouti -97351.00 Dec/15
Dominican Republic -293.30 Jun/16
East Timor 98.00 Dec/15
Ecuador 271.68 Sep/16
Egypt -4983.30 Sep/16
El Salvador -167.92 Sep/16
Equatorial Guinea 552.00 Dec/15
Eritrea -143.00 Dec/15
Estonia 289.10 Sep/16
Ethiopia -2176.20 Jun/16
Euro Area 40.52 Nov/16
Fiji 57.90 Jun/16
Finland 195.00 Nov/16
France -2317.00 Nov/16
Gabon 341.00 Dec/13
Gambia -1631.53 Jun/16
Georgia -329.81 Sep/16
Germany 24600.00 Nov/16
Ghana -532.04 Jun/16
Greece -1190.91 Nov/16
Guatemala 57.60 Sep/16
Guinea -120.58 Sep/16
Guinea Bissau 23.30 Dec/15
Guyana -144.20 Dec/15
Haiti -277.82 Dec/15
Honduras 60.10 Jun/16
Hong Kong 45561.00 Sep/16
Hungary 1289.36 Sep/16
Iceland 100.40 Sep/16
India -3400.00 Sep/16
Indonesia -4493.00 Sep/16
Iran 5231.00 Jun/16
Iraq 15861.00 Dec/15
Ireland 10078.00 Sep/16
Israel 2760.00 Sep/16
Italy 4639.80 Nov/16
Ivory Coast 140.10 Dec/15
Jamaica 6.00 Jun/16
Japan 1415.50 Nov/16
Jordan -284.70 Sep/16
Kazakhstan -1579.70 Sep/16
Kenya -3716.40 Oct/16
Kosovo -75.10 Oct/16
Kuwait 471.00 Sep/16
Kyrgyzstan -48.90 Sep/16
Laos -237.68 Jun/16
Latvia 62.40 Nov/16
Lebanon -680.20 Oct/16
Lesotho -628.38 Sep/16
Liberia -81.50 Sep/16
Libya -13404.40 Dec/15
Lithuania 212.84 Nov/16
Luxembourg 422.00 Sep/16
Macau 103162.80 Dec/15
Macedonia -13.50 Oct/16
Madagascar 59.00 Mar/16
Malawi -1425.70 Dec/15
Malaysia 5998.00 Sep/16
Maldives -295.50 Dec/15
Mali -137.60 Dec/15
Malta 339146.00 Sep/16
Mauritania -308.60 Dec/15
Mauritius -6932.00 Sep/16
Mexico -7571.09 Sep/16
Moldova -85.58 Sep/16
Mongolia 77.90 Nov/16
Montenegro 244057.90 Sep/16
Morocco -5591.50 Sep/16
Mozambique -898.40 Sep/16
Myanmar -1128.00 Dec/12
Namibia -4018.39 Sep/16
Nepal 7231.90 Mar/16
Netherlands 11472.00 Sep/16
New Caledonia -132.13 Dec/14
New Zealand -4891.00 Sep/16
Nicaragua -236.80 Sep/16
Niger -921.70 Dec/15
Nigeria -404.65 Jun/16
Norway 24898.00 Sep/16
Oman -4155.00 Dec/15
Pakistan -2292.00 Dec/16
Palestine -314.40 Sep/16
Panama -1279.80 Sep/16
Papua New Guinea 2391.00 Jun/16
Paraguay 256.10 Sep/16
Peru -1140.35 Sep/16
Philippines 567.04 Sep/16
Poland -427.00 Nov/16
Portugal -152.32 Nov/16
Puerto Rico 6331.40 Dec/15
Qatar -5444.00 Sep/16
Republic of the Congo -1163.30 Dec/10
Romania -398.00 Nov/16
Russia 7800.00 Dec/16
Rwanda -823.40 Dec/15
Sao Tome and Principe -78.61 Dec/15
Saudi Arabia 2211.00 Sep/16
Senegal -499.30 Dec/15
Serbia -42.00 Nov/16
Seychelles -97.80 Sep/16
Sierra Leone -1102.09 Dec/12
Singapore 24666.70 Sep/16
Slovakia -21.20 Nov/16
Slovenia 138.00 Nov/16
South Africa -175774.00 Sep/16
South Korea 8989.20 Nov/16
Spain 2008.00 Oct/16
Sri Lanka -241.00 Sep/16
Sudan -1228.90 Sep/16
Suriname -52.40 Sep/16
Swaziland 811.20 Mar/16
Sweden 56.70 Sep/16
Switzerland 20619.00 Sep/16
Syria -418.30 Dec/11
Taiwan 17090.00 Sep/16
Tajikistan -85504.50 Jun/16
Tanzania -146.40 Oct/16
Thailand 3194.90 Nov/16
Togo -140.50 Dec/15
Trinidad and Tobago -659.70 Jun/16
Tunisia -1195.80 Sep/16
Turkey -2268.00 Nov/16
Turkmenistan -6194.00 Dec/16
Uganda -382.70 Sep/16
Ukraine -165.00 Nov/16
United Arab Emirates 79300.00 Dec/15
United Kingdom -25494.00 Sep/16
United States -112958.00 Sep/16
Uruguay 47.25 Sep/16
Uzbekistan 225.00 Dec/16
Venezuela -5113.00 Dec/15
Vietnam 3499.00 Sep/16
Yemen -1530.50 Dec/13
Zambia -107.20 Sep/16
Zimbabwe -3065.33 Dec/14