New Zealand current account surplus widened to NZD 0.68 billion in the first quarter of 2019 from NZD 0.09 billion a year earlier and compared to expectations of a NZD 0.53 billion surplus. The goods account switched to a NZD 0.23 billion surplus from a NZD 0.39 deficit a year ago. In contrast, the services account surplus narrowed to NZD 2.98 billion from NZD 3.24 billion. Meantime, the primary account deficit narrowed to NZD 2.41 billion from NZD 2.63 billion, whereas the secondary account remained practically unchanged at NZD 0.12 billion (vs NZD 0.13 billion). Current Account in New Zealand averaged -1041.82 NZD Million from 1971 until 2019, reaching an all time high of 1411 NZD Million in the first quarter of 2014 and a record low of -6175 NZD Million in the third quarter of 2018.

Current Account in New Zealand is expected to be -1300.00 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 400.00 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.

New Zealand Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-18 10:45 PM Current Account NZ$-1.62B NZ$0.09B NZ$-1.05B -1B
2018-12-18 09:45 PM Current Account NZ$-6.15B NZ$-1.62B NZ$-5.85B -4.0B
2019-03-19 09:45 PM Current Account NZ$-3.26B NZ$-6.18 NZ$-3.555B NZ$-3.7B
2019-06-18 10:45 PM Current Account NZ$0.68B NZ$-3.26B NZ$0.526B NZ$ 0.6B
2019-09-17 10:45 PM Current Account NZ$0.68B NZ$-1.3B
2019-12-17 09:45 PM Current Account NZ$-4.3B


New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade 264.00 383.00 1157.64 -1579.92 NZD Million [+]
Current Account 680.00 -3260.00 1411.00 -6175.00 NZD Million [+]
Current Account to GDP -3.60 -3.00 -0.10 -8.90 percent [+]
Imports 5541.00 5122.00 6133.86 37.85 NZD Million [+]
Exports 5805.00 5504.00 5805.00 19.68 NZD Million [+]
External Debt 278611.00 278355.00 280086.00 67673.00 NZD Million [+]
Terms of Trade 1414.00 1401.00 1472.00 796.00 Index Points [+]
Capital Flows 725.00 1382.00 7646.00 -3332.00 NZD Million [+]
Foreign Direct Investment -512.00 2246.00 3096.00 -7322.00 NZD Million [+]
Tourist Arrivals 219331.00 307409.00 529255.00 40.00 [+]
Terrorism Index 0.29 0.61 1.19 0.00 [+]
Weapons Sales 6.00 4.00 75.00 1.00 USD Million [+]
Crude Oil Production 27.00 24.00 72.00 15.00 BBL/D/1K [+]
Global Dairy Trade Price Index 2.70 -0.40 22.60 -14.00 percent [+]

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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
680.00 -3260.00 1411.00 -6175.00 1971 - 2019 NZD Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 19.20 Apr/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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