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Balance of Payments and International Investment Position: March 2008 quarter
Embargoed until 10:45am  –  26 June 2008
Highlights
  • The current account deficit for the year ended March 2008 was $13,787 million (7.8 percent of GDP), compared with $13,837 million for the year ended December 2007 (7.9 percent of GDP).
  • New Zealand's seasonally adjusted current account deficit for the March 2008 quarter was $3,527 million, $410 million larger than the December 2007 quarter.
  • There was a net inflow of capital into New Zealand of $2.0 billion in the March 2008 quarter.
  • New Zealand's net international liabilities were $153.2 billion at 31 March 2008, an increase of 1.2 percent from the December 2007 quarter.
Graph, Seasonally Adjusted Balances. Graph, Financial Account (Flows).
 
Dallas Welch (Mrs) 26 June 2008
Acting Government Statistician ISSN 1178-0215

 

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