New Zealand Current Account Balance
New Zealand Current Account recorded a deficit of 289.9 USD mn in Sep 2020, compared with a surplus of 352.7 USD mn in the previous quarter. New Zealand Current Account Balance: USD mn data is updated quarterly, available from Jun 1971 to Sep 2020, with an averaged value of -445.5 USD mn. The data reached an all-time high of 352.7 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 1.2 USD bn in Sep 2020. New Zealand Direct Investment Abroad fell by 86.7 USD mn in Sep 2020. Its Foreign Portfolio Investment fell by 2.2 USD bn in Sep 2020. The country's Nominal GDP was reported at 44.0 USD bn in Jun 2020.
View New Zealand's Current Account Balance from Jun 1971 to Sep 2020 in the chart:
What was New Zealand's Current Account Balance in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -289.9 Sep 2020 | 352.7 Jun 2020 | -3,308.0 Jun 2008 | 352.7 Jun 2020 | USD mn | quarterly | Jun 1971 - Sep 2020 |
Current Account Balance by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -226.3 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
| Algeria (USD mn) | -4,010.0 Jun 2019 | quarterly | Mar 2007 - Jun 2019 |
| Argentina (USD mn) | 1,162.8 Sep 2020 | quarterly | Mar 1976 - Sep 2020 |
| Armenia (USD mn) | -143.6 Jun 2020 | quarterly | Mar 1993 - Jun 2020 |
| Australia (USD mn) | 7,171.9 Sep 2020 | quarterly | Sep 1959 - Sep 2020 |
| Austria (USD mn) | 3,901.7 Sep 2020 | quarterly | Mar 1970 - Sep 2020 |
| Azerbaijan (USD mn) | -806.5 Sep 2020 | quarterly | Mar 2013 - Sep 2020 |
| Bahrain (USD mn) | -794.0 2019 | yearly | 1975 - 2019 |
| Bangladesh (USD mn) | 224.0 Sep 2020 | monthly | Jul 1997 - Sep 2020 |
| Belarus (USD mn) | 608.8 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -9.8 Jun 2020 | quarterly | Dec 2001 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | 13,310.499 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Tax Revenue (USD mn) | 59,724.424 2020 | yearly | 1999 - 2020 |
| Tax Revenue: % of GDP (%) | 30.6 2019 | yearly | 1999 - 2019 |
| National Government Debt (USD mn) | 71,133.0 Sep 2020 | quarterly | Dec 2007 - Sep 2020 |
| Government Debt: % of GDP (%) | 32.9 Jun 2020 | quarterly | Dec 2007 - Jun 2020 |
| Forecast: Government Expenditure (NZD bn) | 143.939 2025 | yearly | 1985 - 2025 |
| Forecast: Government Net Debt (NZD bn) | 251.128 2025 | yearly | 1985 - 2025 |
| Forecast: Government Revenue (NZD bn) | 138.752 2025 | yearly | 1985 - 2025 |
| General Government: ytd: Revenue (NZD mn) | 29,650.000 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| General Government: ytd: Expenses (NZD mn) | 32,755.000 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| General Government: ytd: Borrowings (NZD mn) | 154,556.000 Sep 2020 | quarterly | Jun 2002 - Sep 2020 |
| General Government: ytd: Borrowings: Gross Sovereign Issued Debt Excluding Reser... (NZD mn) | 93,950.000 Mar 2020 | quarterly | Dec 2007 - Mar 2020 |
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