New Zealand recorded a Current Account deficit of 6150 NZD Million in the third quarter of 2018. Current Account in New Zealand averaged -1039.02 NZD Million from 1971 until 2018, reaching an all time high of 1411 NZD Million in the first quarter of 2014 and a record low of -6150 NZD Million in the third quarter of 2018.
Current Account in New Zealand is expected to be -2921.73 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 -4270.93 in 12 months time. In the long-term, the New Zealand Current Account is projected to trend around -2882.00 NZD Million in 2020, according to our econometric models.