New Zealand recorded a Current Account deficit of 3.60 percent of the country's Gross Domestic Product in the 2019 fiscal year
Current Account to GDP in New Zealand averaged -4.04 percent from 1980 until 2018, reaching an all time high of -0.10 percent in 1988 and a record low of -8.90 percent in 1984. This page provides - New Zealand Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Current Account to GDP - values, historical data and charts - was last updated on October of 2020. source: Statistics New Zealand
Current Account to GDP in New Zealand is expected to reach -3.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Current Account to GDP is projected to trend around -4.00 percent in 2021 and -3.80 percent in 2022, according to our econometric models.