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New Zealand Current Account Value and percent from GDP

New Zealand Current Account Data

Indicator Data Period
Current Account to GDP -8.9 % 2022
Current Account -4208 NZD Million | -2.535 B USD 2Q/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     New Zealand - Historical Data (%)

What is ratio of New Zealand Current Account to GDP?

  • The deficit of Current Account to GDP in New Zealand decreased to 8.9 % in 2022. The maximum surplus was -0.1 % and deficit was -8.9 %
  • Data published Yearly by Statistics.

Historical Data (%) by years

Data
Period
Date
-8.9 2022 19.04.2023
-6.5 2021 15.11.2022
-2.7 2020 13.04.2021
-3.6 2019 29.06.2020
-3.6 2018 19.06.2019
-2.8 2017 25.07.2018
-2.7 2016 11.08.2017
-3.4 2015 31.12.2015


Historical Chart by prime ministers (%)

Current Account to GDP in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
John Key 19.11.2008 - 12.12.2016 -7.9000 -3.4000 -2.2000 -7.9000 -56.96%
Helen Clark 05.12.1999 - 19.11.2008 -6.1000 -7.0000 -2.3000 -7.3000 14.75%
Jennifer Shipley 08.12.1997 - 13.04.1999 -6.3000 -3.6000 -3.6000 -6.3000 -42.86%
James Bolger 02.11.1990 - 08.12.1997 -3.2000 -5.7000 -2.7000 -5.7000 78.13%


Latest data on Current Account (NZD Million)

Current Account
                     New Zealand - Historical Data (NZD Million)

What is New Zealand Current Account Deficit?

  • The deficit of Current Account in New Zealand increased to 4208 NZD Million (2.535 B USD) in the second quarter of 2023. The maximum value was 1903 NZD Million and minimum was -6651 NZD Million.
  • Data published Quarterly by Statistics.

Historical Data (NZD Million) by years

Data
Period
Date
-4208 2Q/23 19.09.2023
-5215 1Q/23 13.06.2023
-9458 4Q/22 14.03.2023
-10205 3Q/22 13.12.2022
-5224 2Q/22 14.09.2022
-6143 1Q/22 15.06.2022
-7260 4Q/21 15.03.2022
-8300 3Q/21 18.01.2022


Historical Chart by prime ministers (NZD Million)

Current Account in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
John Key 19.11.2008 - 12.12.2016 -3893.0000 -4965.0000 1411.0000 -5002.0000 27.54%
Helen Clark 05.12.1999 - 19.11.2008 -2485.0000 -6102.0000 1107.0000 -6102.0000 145.55%
Jennifer Shipley 08.12.1997 - 13.04.1999 -1054.0000 135.0000 356.0000 -1641.0000 -112.81%
James Bolger 02.11.1990 - 08.12.1997 -702.0000 -1877.0000 367.0000 -1949.0000 167.38%

Other trade indicators in New Zealand

Index Updated Actual Previous
Weapons Sales 2022 20 M USD 9
Balance of Trade Aug/23 -1.38 B USD -0.709
Capital Flows 2Q/23 -0.638 B USD -0.293
Exports Aug/23 3.005 B USD 3.239
Foreign Exchange Reserves Sep/23 17.242 B USD 16.488
Imports Aug/23 4.385 B USD 3.948
Terms of Trade  2Q/23 1438 in. pt. 1432
Tourist Arrivals Aug/23 0.207 Million Persons 0.214

Current Account to GDP in other countries

Country Updated Actual Previous
Australia 2023 1.2 % 1.9
New Zealand 2022 -8.9 % -6
Papua New Guinea 2022 22.1 % 20
Fiji 2022 -12.1 % -13.2