New Zealand recorded a Current Account deficit of 6.5 percent of the country's Gross Domestic Product in the 2021/2022 fiscal year. source: Statistics New Zealand
Current Account to GDP in New Zealand averaged -4.02 percent of GDP from 1980 until 2021, reaching an all time high of -0.10 percent of GDP in 1988 and a record low of -8.90 percent of GDP 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 February of 2023.
Current Account to GDP in New Zealand is expected to reach -8.00 percent of GDP by the end of 2022, 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 -6.00 percent of GDP in 2023 and -3.50 percent of GDP in 2024, according to our econometric models.