18 Jun 2014
New Zealand's current account meets expectations
FXStreet (Bali) - New Zealand's current account balance came at +$1.4 billion in the first quarter of 2014, in line with estimates.
Key facts - Statistics NZ
New Zealand's seasonally adjusted current account balance was a $0.6 billion deficit in the March 2014 quarter.
For the year ended March 2014, the current account deficit was $6.3 billion (2.8 percent of GDP); it was 3.4 percent of GDP for the year ended December 2013.
New Zealand's unadjusted current account balance was a surplus of $1.4 billion in the March 2014 quarter, the largest actual dollar surplus ever recorded.
New Zealand's net international liability position was $148.0 billion (65.3 percent of GDP) at 31 March 2014 ($1.1 billion more than at 31 December 2013).
Key facts - Statistics NZ
New Zealand's seasonally adjusted current account balance was a $0.6 billion deficit in the March 2014 quarter.
For the year ended March 2014, the current account deficit was $6.3 billion (2.8 percent of GDP); it was 3.4 percent of GDP for the year ended December 2013.
New Zealand's unadjusted current account balance was a surplus of $1.4 billion in the March 2014 quarter, the largest actual dollar surplus ever recorded.
New Zealand's net international liability position was $148.0 billion (65.3 percent of GDP) at 31 March 2014 ($1.1 billion more than at 31 December 2013).