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Balance of Payments and International Investment Position: March 2015 quarter
Embargoed until 10:45am  –  17 June 2015
Key facts
  • New Zealand's seasonally adjusted current account balance was a $1.8 billion deficit in the March 2015 quarter ($751 million smaller than the December 2014 quarter's deficit).
  • The balance of goods was a deficit of $90 million in the March 2015 quarter, mainly due to a fall in imports of goods.
  • For the year ended March 2015, the current account deficit was $8.6 billion (3.6 percent of GDP; it was 3.3 percent of GDP for the December 2014 year).
  • New Zealand's net international liability position was $153.5 billion (64.2 percent of GDP) at 31 March 2015, down from a revised $154.6 billion at 31 December 2014. 
  • New Zealand’s external debt position fell to $138.9 billion (58.1 percent of GDP) at 31 March 2015, down from a revised $140.9 billion (59.3 percent of GDP) at 31 December 2014.

  

 

Liz MacPherson, Government Statistician
ISSN 1178-0215
17 June 2015

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