New Zealand Current Account Balance
1971 - 2020 | Quarterly | USD mn | CEIC Data
New Zealand Current Account recorded a deficit of 1.4 USD bn in Dec 2020, compared with a deficit of 325.7 USD mn in the previous quarter. New Zealand Current Account Balance: USD mn data is updated quarterly, available from Jun 1971 to Dec 2020, with an averaged value of -445.8 USD mn. The data reached an all-time high of 329.3 USD mn in Jun 2020 and a record low of -3.3 USD bn in Jun 2008. CEIC converts quarterly Current Account Balance into USD. Statistics New Zealand provides Current Account Balance in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Foreign Direct Investment (FDI) increased by 2.2 USD bn in Dec 2020. New Zealand Direct Investment Abroad expanded by 736.5 USD mn in Dec 2020. Its Foreign Portfolio Investment increased by 2.0 USD bn in Dec 2020. The country's Nominal GDP was reported at 56.8 USD bn in Dec 2020.
View New Zealand's Current Account Balance from Jun 1971 to Dec 2020 in the chart:
What was New Zealand's Current Account Balance in Dec 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1,436.6 Dec 2020 | -325.7 Sep 2020 | -3,308.0 Jun 2008 | 329.3 Jun 2020 | USD mn | quarterly | Jun 1971 - Dec 2020 |
Current Account Balance by Country Comparison
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Includes Current Account Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -419.4 Dec 2020 | quarterly | Mar 1993 - Dec 2020 |
| Algeria (USD mn) | -2,970.0 Dec 2019 | quarterly | Mar 2007 - Dec 2019 |
| Argentina (USD mn) | -1,371.7 Dec 2020 | quarterly | Mar 1976 - Dec 2020 |
| Armenia (USD mn) | 51.7 Dec 2020 | quarterly | Mar 1993 - Dec 2020 |
| Australia (USD mn) | 10,607.2 Dec 2020 | quarterly | Sep 1959 - Dec 2020 |
| Austria (USD mn) | 1,910.5 Dec 2020 | quarterly | Mar 1970 - Dec 2020 |
| Azerbaijan (USD mn) | -19.3 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
| Bahrain (USD mn) | -663.4 Dec 2020 | quarterly | Mar 2018 - Dec 2020 |
| Bangladesh (USD mn) | 65.5 Dec 2020 | monthly | Jul 1997 - Dec 2020 |
| Belarus (USD mn) | 297.2 Dec 2020 | quarterly | Mar 1996 - Dec 2020 |
| Belgium (USD mn) | -1,673.1 Dec 2020 | monthly | Jan 1995 - Dec 2020 |
| Bolivia (USD mn) | 11.9 Dec 2020 | quarterly | Mar 1988 - Dec 2020 |
| Bosnia and Herzegovina (USD mn) | -124.0 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Botswana (USD mn) | -332.4 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
| Brazil (USD mn) | -3,969.9 Mar 2021 | monthly | Jan 1995 - Mar 2021 |
| Brunei (USD mn) | 11.2 Dec 2019 | quarterly | Mar 2001 - Dec 2019 |
| Bulgaria (USD mn) | 424.1 Feb 2021 | monthly | Jan 1996 - Feb 2021 |
| Cambodia (USD mn) | -1,954.0 Dec 2020 | quarterly | Mar 1994 - Dec 2020 |
| Canada (USD mn) | -5,571.1 Dec 2020 | quarterly | Mar 1957 - Dec 2020 |
| Chile (USD mn) | 503.2 Dec 2020 | quarterly | Mar 2003 - Dec 2020 |
| China (USD mn) | 123,765.4 Dec 2020 | quarterly | Mar 1998 - Dec 2020 |
| Colombia (USD mn) | -3,114.2 Dec 2020 | quarterly | Mar 1996 - Dec 2020 |
| Croatia (USD mn) | -446.5 Dec 2020 | quarterly | Mar 1993 - Dec 2020 |
| Cyprus (USD mn) | -952.9 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Czech Republic (USD mn) | 1,135.3 Feb 2021 | monthly | Jan 2003 - Feb 2021 |
| Denmark (USD mn) | 2,164.0 Feb 2021 | monthly | Jan 2005 - Feb 2021 |
| Ecuador (USD mn) | 765.8 Dec 2020 | quarterly | Mar 1993 - Dec 2020 |
| Egypt (USD mn) | -4,849.3 Dec 2020 | quarterly | Dec 1993 - Dec 2020 |
| Estonia (USD mn) | -17.4 Feb 2021 | monthly | Jan 1999 - Feb 2021 |
| European Union (USD mn) | 148,628.3 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Finland (USD mn) | 451.1 Feb 2021 | monthly | Jan 1980 - Feb 2021 |
| France (USD mn) | -3,171.0 Feb 2021 | monthly | Jan 1999 - Feb 2021 |
| Georgia (USD mn) | -559.9 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Germany (USD mn) | 28,928.8 Feb 2021 | monthly | Jan 1991 - Feb 2021 |
| Ghana (USD mn) | -709.3 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Greece (USD mn) | -1,016.3 Feb 2021 | monthly | Jan 2000 - Feb 2021 |
| Hong Kong SAR, China (USD mn) | 3,984.9 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Hungary (USD mn) | 149.3 Dec 2020 | quarterly | Dec 1989 - Dec 2020 |
| Iceland (USD mn) | 164.3 Dec 2020 | quarterly | Mar 1976 - Dec 2020 |
| India (USD mn) | -1,723.6 Dec 2020 | quarterly | Jun 1949 - Dec 2020 |
| Indonesia (USD mn) | 795.5 Dec 2020 | quarterly | Mar 1981 - Dec 2020 |
| Iran (USD mn) | 3,754.0 2020 | yearly | 1997 - 2020 |
| Ireland (USD mn) | 8,477.3 Dec 2020 | quarterly | Mar 1981 - Dec 2020 |
| Israel (USD mn) | 5,105.7 Dec 2020 | quarterly | Mar 1992 - Dec 2020 |
| Italy (USD mn) | 4,520.0 Feb 2021 | monthly | Jan 1970 - Feb 2021 |
| Ivory Coast (USD mn) | -1,348.7 2019 | yearly | 1975 - 2019 |
| Japan (USD mn) | 17,031.5 Feb 2021 | monthly | Jan 1996 - Feb 2021 |
| Jordan (USD mn) | -1,176.0 Dec 2020 | quarterly | Mar 1977 - Dec 2020 |
| Kazakhstan (USD mn) | -1,530.6 Dec 2020 | quarterly | Dec 1997 - Dec 2020 |
| Kenya (USD mn) | -415.0 Sep 2020 | monthly | Jan 2002 - Sep 2020 |
| South Korea (USD mn) | 9,261.4 Feb 2021 | monthly | Jan 1980 - Feb 2021 |
| Kosovo (USD mn) | -197.8 Dec 2020 | quarterly | Mar 2009 - Dec 2020 |
| Kuwait (USD mn) | 8,084.3 Sep 2020 | quarterly | Mar 2012 - Sep 2020 |
| Kyrgyzstan (USD mn) | -6.8 Dec 2020 | quarterly | Mar 1993 - Dec 2020 |
| Laos (USD mn) | -10.4 Dec 2020 | quarterly | Mar 1994 - Dec 2020 |
| Latvia (USD mn) | 140.3 Feb 2021 | monthly | Jan 2000 - Feb 2021 |
| Lebanon (USD mn) | -133.4 Sep 2020 | monthly | Jan 2002 - Sep 2020 |
| Lithuania (USD mn) | 295.2 Feb 2021 | monthly | Jan 2001 - Feb 2021 |
| Luxembourg (USD mn) | -209.1 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Macau SAR, China (USD mn) | 18,555.8 2019 | yearly | 2002 - 2019 |
| North Macedonia (USD mn) | -68.8 Dec 2020 | monthly | Jan 2001 - Dec 2020 |
| Malawi (USD mn) | -1,220.2 2019 | yearly | 1977 - 2019 |
| Malaysia (USD mn) | 4,618.9 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Malta (USD mn) | -107.2 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Mauritius (USD mn) | -465.0 Dec 2020 | quarterly | Mar 2017 - Dec 2020 |
| Mexico (USD mn) | 17,408.9 Dec 2020 | quarterly | Mar 1980 - Dec 2020 |
| Moldova (USD mn) | -230.8 Dec 2020 | quarterly | Mar 1994 - Dec 2020 |
| Mongolia (USD mn) | -28.8 Feb 2021 | monthly | Jan 2009 - Feb 2021 |
| Montenegro (USD mn) | -271.0 Dec 2020 | quarterly | Mar 2004 - Dec 2020 |
| Morocco (USD mn) | 128.7 Dec 2020 | quarterly | Mar 2014 - Dec 2020 |
| Mozambique (USD mn) | -731.5 Dec 2020 | quarterly | Mar 1996 - Dec 2020 |
| Myanmar (USD mn) | -910.6 Jun 2020 | quarterly | Mar 1976 - Jun 2020 |
| Nepal (USD mn) | -419.6 Jan 2021 | quarterly | Oct 2002 - Jan 2021 |
| Netherlands (USD mn) | 16,553.0 Dec 2020 | quarterly | Mar 1967 - Dec 2020 |
| New Zealand (USD mn) | -1,436.6 Dec 2020 | quarterly | Jun 1971 - Dec 2020 |
| Nigeria (USD mn) | -3,337.9 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Norway (USD mn) | 1,026.9 Dec 2020 | quarterly | Mar 1981 - Dec 2020 |
| Oman (USD mn) | -4,140.4 2019 | yearly | 1974 - 2019 |
| Pakistan (USD mn) | -288.0 Mar 2021 | quarterly | Mar 1976 - Mar 2021 |
| Palestinian Territory (USD mn) | -291.8 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Panama (USD mn) | 450.0 Dec 2020 | quarterly | Mar 1998 - Dec 2020 |
| Paraguay (USD mn) | 209.8 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Peru (USD mn) | 738.7 Dec 2020 | quarterly | Mar 1977 - Dec 2020 |
| Philippines (USD mn) | 1,010.0 Dec 2020 | monthly | Jan 1999 - Dec 2020 |
| Poland (USD mn) | 1,961.0 Feb 2021 | monthly | Jan 2000 - Feb 2021 |
| Portugal (USD mn) | 50.4 Feb 2021 | monthly | Jan 1996 - Feb 2021 |
| Qatar (USD mn) | 75.8 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Romania (USD mn) | -1,769.4 Feb 2021 | monthly | Jun 2002 - Feb 2021 |
| Russia (USD mn) | 3,700.0 Mar 2021 | monthly | Jan 2012 - Mar 2021 |
| Saudi Arabia (USD mn) | 2,317.5 Dec 2020 | quarterly | Mar 2006 - Dec 2020 |
| Serbia (USD mn) | -58.7 Feb 2021 | monthly | Jan 2013 - Feb 2021 |
| Singapore (USD mn) | 14,572.0 Dec 2020 | quarterly | Mar 1986 - Dec 2020 |
| Slovakia (USD mn) | -141.4 Feb 2021 | monthly | Jan 1997 - Feb 2021 |
| Slovenia (USD mn) | 210.7 Feb 2021 | monthly | Jan 1994 - Feb 2021 |
| South Africa (USD mn) | 3,165.8 Dec 2020 | quarterly | Mar 1960 - Dec 2020 |
| Spain (USD mn) | -2,068.1 Feb 2021 | monthly | Jan 1990 - Feb 2021 |
| Sri Lanka (USD mn) | -280.5 Dec 2020 | quarterly | Mar 1977 - Dec 2020 |
| Sudan (USD mn) | -1,060.6 Sep 2020 | quarterly | Mar 1977 - Sep 2020 |
| Sweden (USD mn) | 6,660.3 Dec 2020 | quarterly | Mar 1975 - Dec 2020 |
| Switzerland (USD mn) | -3,155.9 Dec 2020 | quarterly | Mar 1983 - Dec 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.2 Dec 2020 | quarterly | Dec 2001 - Dec 2020 |
| Consolidated Fiscal Balance (USD mn) | -508.812 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Tax Revenue (USD mn) | 59,724.424 2020 | yearly | 1999 - 2020 |
| Tax Revenue: % of GDP (%) | 29.2 2020 | yearly | 1999 - 2020 |
| National Government Debt (USD mn) | 71,133.0 Sep 2020 | quarterly | Dec 2007 - Sep 2020 |
| Government Debt: % of GDP (%) | 33.6 Sep 2020 | quarterly | Dec 2007 - Sep 2020 |
| Forecast: Government Expenditure (NZD bn) | 155.214 2026 | yearly | 1985 - 2026 |
| Forecast: Government Net Debt (NZD bn) | 210.864 2026 | yearly | 1985 - 2026 |
| Forecast: Government Revenue (NZD bn) | 154.266 2026 | yearly | 1985 - 2026 |
| General Government: ytd: Revenue (NZD mn) | 60,131.000 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| General Government: ytd: Expenses (NZD mn) | 63,978.000 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| General Government: ytd: Borrowings (NZD mn) | 154,556.000 Sep 2020 | quarterly | Jun 2002 - Sep 2020 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.108 2026 | yearly | 1980 - 2026 |
| Trade Balance (USD mn) | 23.3 Mar 2021 | monthly | Jan 1957 - Mar 2021 |
| Total Exports (USD mn) | 4,053.5 Mar 2021 | monthly | Jan 1957 - Mar 2021 |
| Total Exports Growth (%) | -2.3 Mar 2021 | monthly | Jan 1952 - Mar 2021 |
| Aluminum: Exports (USD th) | 661,389.900 2019 | yearly | 1995 - 2019 |
| Exports: Medicament (USD th) | 192,289.436 2019 | yearly | 1995 - 2019 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 184,233.182 2019 | yearly | 1995 - 2019 |
| Total Imports (USD mn) | 4,030.2 Mar 2021 | monthly | Jan 1960 - Mar 2021 |
| Total Imports Growth (%) | 11.0 Mar 2021 | monthly | Jan 1961 - Mar 2021 |
| Imports: Medicament (USD th) | 658,202.763 2019 | yearly | 1995 - 2019 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 328,711.060 2019 | yearly | 1995 - 2019 |
| Total Exports to USA (USD mn) | 373.368 Dec 2020 | monthly | Jul 1981 - Dec 2020 |
| Total Imports from USA (USD mn) | 357.386 Mar 2021 | monthly | Jan 1981 - Mar 2021 |
| Total Exports to China (USD mn) | 1,237.914 Mar 2021 | monthly | Jul 1981 - Mar 2021 |
| Total Imports from China (USD mn) | 1,148.628 Mar 2021 | monthly | Jul 1982 - Mar 2021 |
| NZ: Exports: fob: Advanced Economies: South Korea (USD mn) | 96.620 Nov 2020 | monthly | Jan 1981 - Nov 2020 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,522.000 Dec 2020 | quarterly | Mar 1951 - Dec 2020 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,484.000 Dec 2020 | quarterly | Jun 1990 - Dec 2020 |
| Import Volume Index (Jun2002=1000) | 2,554.000 Dec 2020 | quarterly | Mar 1949 - Dec 2020 |
| Import Volume Index: sa (Jun2002=1000) | 2,367.000 Dec 2020 | quarterly | Jun 1990 - Dec 2020 |
| Term Trade Index (Jun2002=1000) | 1,474.000 Dec 2020 | quarterly | Mar 1957 - Dec 2020 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 97.6 Dec 2020 | quarterly | Dec 1990 - Dec 2020 |
| Money Supply M1 (USD mn) | 83,450.757 Mar 2021 | monthly | Dec 2016 - Mar 2021 |
| Money Supply M2 (USD mn) | 255,663.910 Mar 2021 | monthly | Mar 1988 - Mar 2021 |
| M2 Growth (%) | 8.2 Mar 2021 | monthly | Mar 1989 - Mar 2021 |
| Foreign Exchange Reserves (USD mn) | 11,227,678.9 Mar 2021 | monthly | Sep 2005 - Mar 2021 |
| Foreign Exchange Reserves: % of GDP (%) | 5.158 Dec 2020 | quarterly | Sep 2005 - Dec 2020 |
| Foreign Exchange Reserves: Months of Import (NA) | 2,844.5 Mar 2021 | monthly | Sep 2005 - Mar 2021 |
| Gold Reserves (USD mn) | 0.000 Mar 2021 | monthly | Dec 1950 - Mar 2021 |
| Total Deposits Growth (%) | 6.1 Mar 2021 | monthly | Dec 2017 - Mar 2021 |
| Total Deposits (USD mn) | 281,120.644 Mar 2021 | monthly | Dec 2016 - Mar 2021 |
| Domestic Credit (USD mn) | 377,249.4 Mar 2021 | monthly | Mar 1988 - Mar 2021 |
| Domestic Credit Growth (%) | 6.3 Mar 2021 | monthly | Mar 1989 - Mar 2021 |
| Credit to Households (USD bn) | 200.461 Sep 2020 | quarterly | Dec 1990 - Sep 2020 |
| Credit to Private Non-Financial Sector (USD bn) | 365.511 Sep 2020 | quarterly | Mar 1960 - Sep 2020 |
| Household Debt (USD mn) | 225,825.1 Mar 2021 | monthly | Dec 1990 - Mar 2021 |
| Total Loans (USD mn) | 346,250.436 Mar 2021 | monthly | Dec 2016 - Mar 2021 |
| Total Loans Growth (%) | 3.16 Mar 2021 | monthly | Dec 2017 - Mar 2021 |
| Private Debt: % of Nominal GDP (%) | 153.93 Dec 2020 | quarterly | Mar 1988 - Dec 2020 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 365,809.000 Mar 2021 | monthly | Mar 1988 - Mar 2021 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 119,403.000 Mar 2021 | monthly | Dec 2016 - Mar 2021 |
| Depository Corp: Domestic Credit (NZD mn) | 539,776.000 Mar 2021 | monthly | Mar 1988 - Mar 2021 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence: Net Balance (% Point) | 27.2 Mar 2021 | monthly | Aug 2002 - Mar 2021 |
| Business Confidence Growth (% Point) | 51.0 Mar 2021 | monthly | Aug 2003 - Mar 2021 |
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