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

New Zealand current account gap narrowed to NZD 2335 million in the fourth quarter of 2016 from a NZD 2841 million shortfall a year earlier and slightly below market expectations of NZD 2340 million. The services surplus increased to NZD 1098 million (NZD +920 million a year earlier); the primary income deficit narrowed to NZD 2043 million (NZD -2309 million a year earlier); and the secondary income balance jumped to a NZD 68 million surplus (NZD 87 million gap a year earlier). The goods account was the only one deteriorating in Q4, as the deficit widened to NZD 1458 million (NZD -1364 million a year earlier). The annual current account deficit was NZD 7.11 billion or 2.7 percent of GDP for the year ended December 2016 (NZD 8.32 billion or 3.2 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)
2016-09-13 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$-2.34B NZ$ -5.03B NZ$-2.543B NZ$ -2.4B
2017-06-14 10:45 PM Q1 NZ$-2.34B 1.4B
2017-09-13 10:45 PM Q2 -0.95B
2017-12-13 09:45 PM Q3 -4.7B




New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade -18.29 -257.08 1157.64 -1387.99 NZD Million [+]
Exports 4005.54 3905.49 5032.54 19.68 NZD Million [+]
Imports 4023.82 4162.57 4975.09 37.85 NZD Million [+]
Current Account -2335.00 -5029.00 1421.00 -6102.00 NZD Million [+]
Current Account to GDP -2.70 -3.40 -0.90 -8.90 percent [+]
External Debt 261128.00 260715.00 261128.00 67673.00 NZD Million [+]
Terms of Trade 1362.00 1289.00 1438.00 796.00 Index Points [+]
Capital Flows -2568.00 5247.00 7149.00 -3332.00 NZD Million [+]
Foreign Direct Investment 680.00 334.00 3717.00 -7322.00 NZD Million [+]
Tourist Arrivals 380034.00 381068.00 494193.00 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2335.00 -5029.00 1421.00 -6102.00 1971 - 2016 NZD Million Quarterly
Current Prices, NSA



Last
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 -3853.00 Dec/16
Austria 916.00 Sep/16
Azerbaijan -312.00 Sep/16
Bahamas -171.80 Dec/16
Bahrain -282.80 Dec/15
Bangladesh -504.00 Sep/16
Belarus -603.20 Dec/16
Belgium 525.00 Sep/16
Belize -87.10 Jun/16
Benin -884.91 Dec/14
Bhutan -41211.80 Dec/16
Bolivia -513.00 Mar/16
Bosnia and Herzegovina -209.63 Sep/16
Botswana 7533.54 Sep/16
Brazil -934.74 Feb/17
Brunei 2823.60 Dec/15
Bulgaria -9.70 Jan/17
Burkina Faso -448.30 Dec/15
Burundi -371.20 Dec/15
Cambodia -1073.00 Sep/16
Cameroon -692.24 Dec/14
Canada -10726.00 Dec/16
Cape Verde -1949.80 Sep/16
Cayman Islands -626.90 Dec/15
Central African Republic -25.90 Dec/13
Chad -963.10 Dec/15
Chile -700.00 Dec/16
China 376.00 Dec/16
Colombia -2555.00 Dec/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 -845.40 Dec/16
Denmark 14549.00 Jan/17
Djibouti -97351.00 Dec/15
Dominican Republic -441.40 Sep/16
East Timor 98.00 Dec/15
Ecuador 271.68 Sep/16
Egypt -4666.10 Dec/16
El Salvador -167.92 Sep/16
Equatorial Guinea 552.00 Dec/15
Eritrea -143.00 Dec/15
Estonia 209.40 Dec/16
Ethiopia -2710.10 Sep/16
Euro Area 2.50 Jan/17
Fiji 38.80 Sep/16
Finland 22.00 Jan/17
France -6962.00 Jan/17
Gabon 341.00 Dec/13
Gambia -1631.53 Jun/16
Georgia -329.81 Sep/16
Germany 12800.00 Jan/17
Ghana -638.41 Sep/16
Greece -271.00 Jan/17
Guatemala 57.60 Sep/16
Guinea -120.58 Sep/16
Guinea Bissau 0.50 Dec/16
Guyana -144.20 Dec/15
Haiti -107.64 Sep/16
Honduras -334.40 Sep/16
Hong Kong 34834.00 Dec/16
Hungary 688.00 Dec/16
Iceland 44.72 Dec/16
India -7900.00 Dec/16
Indonesia -1812.00 Dec/16
Iran 3729.00 Sep/16
Iraq 15861.00 Dec/15
Ireland -11132.00 Dec/16
Israel 3257.00 Dec/16
Italy -1913.40 Jan/17
Ivory Coast -125.40 Dec/16
Jamaica 6.00 Jun/16
Japan 66.00 Jan/17
Jordan -284.70 Sep/16
Kazakhstan -2589.90 Dec/16
Kenya -3617.90 Nov/16
Kosovo -96.40 Dec/16
Kuwait 471.00 Sep/16
Kyrgyzstan -61.50 Dec/16
Laos -237.68 Jun/16
Latvia 114.50 Jan/17
Lebanon 166.70 Jan/17
Lesotho -628.38 Sep/16
Liberia -81.50 Sep/16
Libya -13404.40 Dec/15
Lithuania -94.06 Jan/17
Luxembourg 1522.60 Dec/16
Macau 103162.80 Dec/15
Macedonia -59.10 Dec/16
Madagascar 59.00 Mar/16
Malawi -1425.70 Dec/15
Malaysia 12200.00 Dec/16
Maldives -666.70 Dec/16
Mali -406.40 Dec/16
Malta 256175.00 Dec/16
Mauritania -308.60 Dec/15
Mauritius -6932.00 Sep/16
Mexico -3362.67 Dec/16
Moldova -85.58 Sep/16
Mongolia -8.70 Jan/17
Montenegro -295140.27 Dec/16
Morocco -5591.50 Sep/16
Mozambique -903.40 Dec/16
Myanmar -1128.00 Dec/12
Namibia -4018.39 Sep/16
Nepal -1974.60 Jun/16
Netherlands 17897.70 Dec/16
New Caledonia -132.13 Dec/14
New Zealand -2335.00 Dec/16
Nicaragua -236.80 Sep/16
Niger -921.70 Dec/15
Nigeria -404.65 Jun/16
Norway 59304.00 Dec/16
Oman -4155.00 Dec/15
Pakistan -2292.00 Dec/16
Palestine -314.40 Sep/16
Panama -3098.10 Dec/16
Papua New Guinea 4386.00 Sep/16
Paraguay 256.10 Sep/16
Peru 156.85 Dec/16
Philippines -197.31 Dec/16
Poland 2457.00 Jan/17
Portugal -42.50 Jan/17
Puerto Rico 6331.40 Dec/15
Qatar -5444.00 Sep/16
Republic of the Congo -1163.30 Dec/10
Romania 416.00 Jan/17
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 -273.00 Dec/16
Seychelles -97.80 Sep/16
Sierra Leone -1102.09 Dec/12
Singapore 18129.90 Dec/16
Slovakia -168.90 Jan/17
Slovenia 276.00 Jan/17
South Africa -76438.00 Dec/16
South Korea 5277.80 Jan/17
Spain 3409.00 Dec/16
Sri Lanka -241.00 Sep/16
Sudan -962.30 Dec/16
Suriname 43.70 Dec/16
Swaziland 58.40 Jun/16
Sweden 64.30 Dec/16
Switzerland 22022.94 Dec/16
Syria -418.30 Dec/11
Taiwan 18301.00 Dec/16
Tajikistan 152472.50 Sep/16
Tanzania -91.60 Nov/16
Thailand 5008.25 Jan/17
Togo -140.50 Dec/15
Trinidad and Tobago -659.70 Jun/16
Tunisia -2241.30 Dec/16
Turkey -2762.00 Jan/17
Turkmenistan -7105.00 Dec/17
Uganda -382.70 Sep/16
Ukraine -26.00 Jan/17
United Arab Emirates 79300.00 Dec/15
United Kingdom -25494.00 Sep/16
United States -112382.00 Dec/16
Uruguay 47.25 Sep/16
Uzbekistan 159.00 Dec/17
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