- Analytics
- News and Tools
- Market News
- New Zealand's current account deficit was $7.5 billion in Q2
New Zealand's current account deficit was $7.5 billion in Q2
For the year ended June 2017, New Zealand's current account deficit was $7.5 billion (2.8 percent of GDP; it was 2.7 percent of GDP for the June 2016 year).
The seasonally adjusted current account balance was a $1,598 million deficit in the June 2017 quarter ($1,187 million smaller than the March 2017 quarter's deficit).
The goods deficit decreased $677 million to reach $446 million.
The services surplus increased $295 million to reach $1,280 million, the highest on record.
New Zealand's primary income deficit decreased to $1,910 million in the June 2017 quarter, $403 million smaller than in the March 2017 quarter.
New Zealand's secondary income deficit increased to $522 million in the June 2017 quarter, $188 million larger than the March 2017 quarter deficit.
The capital account balance was a deficit of $14 million for the June 2017 quarter, down from the surplus of $3 million in the March 2017 quarter.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
