New Zealand Current account balance in New Zealand

Stats NZ · Quarterly · Importance

-1,670 (Q2-26) ABS · NZD mn · Quarterly · CSV
-3.2% (Q2-26) ABS · % · Quarterly · CSV
-585 (Q2-26) QOQ · NZD mn · Quarterly · CSV
-891 (Q2-26) YOY · NZD mn · Quarterly · CSV
-0.2 (Q2-26) QOQ · pp · Quarterly · CSV
0.4 (Q2-26) YOY · pp · Quarterly · CSV
PeriodNZD mn
Apr 2026 -1,670
Jan 2026 -1,085
Oct 2025 -4,807
Jul 2025 -7,022
Apr 2025 -779
Jan 2025 -874
Oct 2024 -4,965
Jul 2024 -9,182
Apr 2024 -3,964
Jan 2024 -2,770
Oct 2023 -6,325
Jul 2023 -10,262
Apr 2023 -3,894
Jan 2023 -4,325
Oct 2022 -9,728
Jul 2022 -11,329
Apr 2022 -6,603
Jan 2022 -6,652
Oct 2021 -7,657
Jul 2021 -8,699
Apr 2021 -1,274
Jan 2021 -3,485
Oct 2020 -2,840
Jul 2020 -4,085
Apr 2020 1,211
Jan 2020 1,229
Oct 2019 -2,139
Jul 2019 -6,158
Apr 2019 -1,697
Jan 2019 355
Oct 2018 -3,294
Jul 2018 -6,674
Apr 2018 -2,666
Jan 2018 -590
Oct 2017 -2,713
Jul 2017 -5,285
Apr 2017 -859
Jan 2017 -19
Oct 2016 -1,692
Jul 2016 -4,862
Apr 2016 -524
Jan 2016 1,581
Oct 2015 -2,132
Jul 2015 -4,818
Apr 2015 -1,574
Jan 2015 390
Oct 2014 -3,051
Jul 2014 -5,126
Apr 2014 -1,243
Jan 2014 1,365
Oct 2013 -1,448
Jul 2013 -4,664
Apr 2013 -1,227
Jan 2013 107
Oct 2012 -2,585
Jul 2012 -4,143
Apr 2012 -1,328
Jan 2012 -438
Oct 2011 -1,947
Jul 2011 -3,988
Period%
Apr 2026 -3.2%
Jan 2026 -3.0%
Oct 2025 -3.0%
Jul 2025 -3.1%
Apr 2025 -3.6%
Jan 2025 -4.4%
Oct 2024 -4.9%
Jul 2024 -5.3%
Apr 2024 -5.5%
Jan 2024 -5.6%
Oct 2023 -6.0%
Jul 2023 -6.9%
Apr 2023 -7.3%
Jan 2023 -8.1%
Oct 2022 -8.9%
Jul 2022 -8.6%
Apr 2022 -8.1%
Jan 2022 -6.8%
Oct 2021 -6.0%
Jul 2021 -4.7%
Apr 2021 -3.4%
Jan 2021 -2.8%
Oct 2020 -1.4%
Jul 2020 -1.2%
Apr 2020 -1.8%
Jan 2020 -2.7%
Oct 2019 -3.0%
Jul 2019 -3.4%
Apr 2019 -3.6%
Jan 2019 -4.0%
Oct 2018 -4.4%
Jul 2018 -4.2%
Apr 2018 -3.8%
Jan 2018 -3.3%
Oct 2017 -3.1%
Jul 2017 -2.8%
Apr 2017 -2.7%
Jan 2017 -2.6%
Oct 2016 -2.1%
Jul 2016 -2.3%
Apr 2016 -2.3%
Jan 2016 -2.7%
Oct 2015 -3.2%
Jul 2015 -3.6%
Apr 2015 -3.8%
Jan 2015 -3.7%
Oct 2014 -3.3%
Jul 2014 -2.7%
Apr 2014 -2.5%
Jan 2014 -2.6%
Oct 2013 -3.2%
Jul 2013 -3.8%
Apr 2013 -3.6%
Jan 2013 -3.6%
Oct 2012 -3.9%
Jul 2012 -3.6%
Apr 2012 -3.6%
Jan 2012 -3.1%
Oct 2011 -2.8%
Jul 2011 -3.2%
PeriodNZD mn
Apr 2026 -585
Jan 2026 3,722
Oct 2025 2,215
Jul 2025 -6,243
Apr 2025 95
Jan 2025 4,091
Oct 2024 4,217
Jul 2024 -5,218
Apr 2024 -1,194
Jan 2024 3,555
Oct 2023 3,937
Jul 2023 -6,368
Apr 2023 431
Jan 2023 5,403
Oct 2022 1,601
Jul 2022 -4,726
Apr 2022 49
Jan 2022 1,005
Oct 2021 1,042
Jul 2021 -7,425
Apr 2021 2,211
Jan 2021 -645
Oct 2020 1,245
Jul 2020 -5,296
Apr 2020 -18
Jan 2020 3,368
Oct 2019 4,019
Jul 2019 -4,461
Apr 2019 -2,052
Jan 2019 3,649
Oct 2018 3,380
Jul 2018 -4,008
Apr 2018 -2,076
Jan 2018 2,123
Oct 2017 2,572
Jul 2017 -4,426
Apr 2017 -840
Jan 2017 1,673
Oct 2016 3,170
Jul 2016 -4,338
Apr 2016 -2,105
Jan 2016 3,713
Oct 2015 2,686
Jul 2015 -3,244
Apr 2015 -1,964
Jan 2015 3,441
Oct 2014 2,075
Jul 2014 -3,883
Apr 2014 -2,608
Jan 2014 2,813
PeriodNZD mn
Apr 2026 -891
Jan 2026 -211
Oct 2025 158
Jul 2025 2,160
Apr 2025 3,185
Jan 2025 1,896
Oct 2024 1,360
Jul 2024 1,080
Apr 2024 -70
Jan 2024 1,555
Oct 2023 3,403
Jul 2023 1,067
Apr 2023 2,709
Jan 2023 2,327
Oct 2022 -2,071
Jul 2022 -2,630
Apr 2022 -5,329
Jan 2022 -3,167
Oct 2021 -4,817
Jul 2021 -4,614
Apr 2021 -2,485
Jan 2021 -4,714
Oct 2020 -701
Jul 2020 2,073
Apr 2020 2,908
Jan 2020 874
Oct 2019 1,155
Jul 2019 516
Apr 2019 969
Jan 2019 945
Oct 2018 -581
Jul 2018 -1,389
Apr 2018 -1,807
Jan 2018 -571
Oct 2017 -1,021
Jul 2017 -423
Apr 2017 -335
Jan 2017 -1,600
Oct 2016 440
Jul 2016 -44
Apr 2016 1,050
Jan 2016 1,191
Oct 2015 919
Jul 2015 308
Apr 2015 -331
Jan 2015 -975
Oct 2014 -1,603
Jul 2014 -462
Apr 2014 -16
Jan 2014 1,258
Periodpp
Apr 2026 -0.2
Oct 2025 0.1
Jul 2025 0.5
Apr 2025 0.8
Oct 2024 0.4
Jul 2024 0.2
Apr 2024 0.1
Jan 2024 0.4
Oct 2023 0.9
Jan 2023 0.8
Oct 2022 -0.3
Jul 2022 -0.5
Jan 2021 -1.4
Oct 2020 -0.2
Jul 2020 0.6
Apr 2020 0.9
Jan 2020 0.3
Oct 2019 0.4
Jan 2019 0.4
Jul 2018 -0.4
Oct 2017 -0.3
Apr 2017 -0.1
Oct 2016 0.2
Jul 2016 0.0
Apr 2016 0.4
Jan 2016 0.5
Oct 2015 0.4
Apr 2015 -0.1
Jan 2015 -0.4
Jul 2014 -0.2
Jan 2014 0.6
Periodpp
Apr 2026 0.4
Jan 2026 1.4
Oct 2025 1.9
Jul 2025 2.2
Apr 2025 1.9
Jan 2025 1.2
Oct 2024 1.1
Jul 2024 1.6
Apr 2024 1.8
Jan 2024 2.5
Oct 2023 2.9
Jul 2023 1.7
Apr 2023 0.8
Jan 2023 -1.3
Oct 2022 -2.9
Jul 2022 -3.9
Oct 2021 -4.6
Jul 2021 -3.5
Jan 2021 -0.1
Oct 2020 1.6
Jul 2020 2.2
Apr 2020 1.8
Jan 2020 1.3
Jul 2019 0.8
Apr 2019 0.2
Jan 2019 -0.7
Oct 2018 -1.3
Apr 2018 -1.1
Jan 2018 -0.7
Oct 2017 -1.0
Apr 2017 -0.4
Jan 2017 0.1
Oct 2016 1.1
Jul 2016 1.3
Apr 2016 1.5
Oct 2015 0.1
Jul 2015 -0.9
Apr 2015 -1.3
Jan 2015 -1.1
Oct 2014 -0.1
Jul 2014 1.1
Apr 2014 1.1
Jan 2014 1.0

About this indicator

Source
Statistics New Zealand (Stats NZ)
Frequency
Quarterly
Release
Around the middle of the third month after the quarter closes (10:45 NZ time).
What it is
The current account balance sums up New Zealand's transactions with the rest of the world: trade in goods and services, primary income (dividends and interest) and secondary income. A negative balance means the country spends and invests more than it saves and relies on foreign saving to fund the gap.
How it's calculated
Stats NZ compiles the balance of payments under the IMF's BPM6 manual and publishes the seasonally adjusted quarterly balance (millions of NZD) alongside the rolling 12-month balance as a share of GDP.
Market implications
A wide and widening current account deficit can weigh on the New Zealand dollar and heighten external vulnerability, while an improving balance supports it. Markets pay particular attention to the ratio to GDP.
Limitations
The quarterly data are revised frequently; the balance is highly sensitive to the terms of trade and to one-off income flows, making it hard to read the trend from a single quarter.