New Zealand recorded a Current Account deficit of 2.70 percent of the country's Gross Domestic Product in the 2019/2020 fiscal year source: Statistics New Zealand
Current Account to GDP in New Zealand averaged -4.04 percent from 1980 until 2018, reaching an all time high of -0.10 percent in 1988 and a record low of -8.90 percent in 1984. This page provides - New Zealand Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Current Account to GDP - values, historical data and charts - was last updated on August of 2021.
Current Account to GDP in New Zealand is expected to reach -2.50 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Current Account to GDP is projected to trend around -3.00 percent in 2022 and -3.50 percent in 2023, according to our econometric models.