New Zealand Current Account to GDP

New Zealand recorded a Current Account deficit of 3.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in New Zealand averaged -4.68 Percent from 1980 until 2013, reaching an all time high of -0.90 Percent in 1988 and a record low of -8.90 Percent in 1984. Current Account to GDP in New Zealand is reported by the Statistics New Zealand.

   
 
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New Zealand Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-3.40 -4.10 -0.90 -8.90 1980 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - New Zealand Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade 247.32 270.00 1157.64 -1251.92 NZD Million [+]
Exports 4194.64 4580.00 5033.00 19.68 NZD Million [+]
Imports 3947.32 4310.00 4820.02 37.85 NZD Million [+]
Current Account -585.00 -921.00 364.00 -4296.00 NZD Million [+]
Current Account to GDP -3.40 -4.10 -0.90 -8.90 Percent [+]
External Debt 248588.00 249126.00 271406.00 67673.00 NZD Million [+]
Terms of Trade 1414.00 1389.00 1438.00 796.00 Index Points [+]
Foreign Direct Investment 2437.00 2414.00 2654.00 676.00 NZD Million [+]
Tourist Arrivals 359330.00 364532.00 530889.00 2751.00 [+]





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