New Zealand current account

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New Zealand current account: -4360 (-45.33%)
Last Update: March 31, 2024

New Zealand current account closed down -4360 as of March 31, 2024 from -7975 from the previous month and -3189 from last year.


New Zealand current account Analytics & Data




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New Zealand current account

DateValues
2024-03-31 -4360
2023-12-31 -7975
2023-09-30 -10974
2023-06-30 -4329
2023-03-31 -4662
2022-12-31 -9800
2022-09-30 -11089
2022-06-30 -6354
2022-03-31 -6574
2021-12-31 -7519
2021-09-30 -8572
2021-06-30 -1536
2021-03-31 -3189
2020-12-31 -2837
2020-09-30 -3803
2020-06-30 1828
2020-03-31 1903
2019-12-31 -2845
2019-09-30 -6651
2019-06-30 -1471
2019-03-31 406
2018-12-31 -3960
2018-09-30 -6571
2018-06-30 -2043

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New Zealand current account Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current accountnz.currentaccount-4360.0-7975-4537UPDown672024-03-31

New Zealand current account Factors

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New Zealand current account Historical Data

The MacroVar database offers free access to historical data for the New Zealand current account, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of New Zealand current account data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the New Zealand current account

The New Zealand current account is a measure of the country's trade balance with the rest of the world. It includes the balance of trade in goods and services, as well as income earned from investments and transfers of money. A positive current account balance indicates that New Zealand is exporting more goods and services than it is importing, while a negative balance indicates the opposite. A strong current account balance is typically seen as a positive indicator of a country's economic health, as it suggests that the country is able to pay for its imports without relying heavily on foreign borrowing. Monitoring the current account balance is important for policymakers and economists in assessing the overall health of the New Zealand economy.

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