Stats NZ has a new website.

For new releases go to

www.stats.govt.nz

As we transition to our new site, you'll still find some Stats NZ information here on this archive site.

  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+
Balance of Payments and International Investment Position: March 2016 quarter
Embargoed until 10:45am  –  15 June 2016
Revisions

Earthquake-related figures

We made no revisions to the earthquake-related figures in the March 2016 quarter.

New Zealand insurers provide updated estimates of their Canterbury reinsurance claims on non-resident reinsurers. We will revise our claims estimate in the June 2016 quarter. The updated data affects capital account inflows, investment abroad transactions, and IIP assets. We use updated data to revise statistics back to the September 2010 quarter.

Revisions for Balance of Payments and International Investment Position: December 2015 quarter

These tables present a summary of revisions to the December 2015 quarter release. Revisions reflect new or improved information becoming available.

Current and capital accounts

Current and capital accounts December 2015 quarter revisions

Component

Previously published Dec 2015 quarter

Revised Dec 2015 quarter

Size of
revision

NZ$(million)

Current account balance

-2,614

-2,894

-280

Goods balance

-1,363

-1,370

-7

Goods exports (fob)

12,377

12,369

-8

Goods imports (fob)

13,740

13,739

-1

Services balance

864

847

-17

Services exports

5,179

5,188

9

Services imports

4,315

4,341

26

Primary income balance

-2,055

-2,288

-233

Primary income inflow

1,892

1,893

1

Primary income outflow

3,947

4,181

234

Secondary income balance

-60

-83

-23

Secondary income inflow

529

534

5

Secondary income outflow

589

617

28

Capital account balance

-5

-5

0

Capital account inflow

3

3

0

Capital account outflow

9

9

0

Financial account

Financial account December 2015 quarter revisions

Component

Previously published Dec 2015

Revised Dec 2015 quarter

Size of
revision

NZ$(million)

Financial account balance 

2,451

2,978

527

NZ investment abroad

-3,594

-3,625

-31

Direct investment assets

-800

-848

-48

Portfolio investment assets

2,806

2,806

0

Financial derivative assets

-2,788

-2,780

8

Other investment assets

-2,094

-2,086

8

Reserve assets

-718

-718

0

Foreign investment in NZ

-1,143

-647

496

Direct investment liabilities

-1,760

-1,590

170

Portfolio investment liabilities

4,127

4,394

267

Financial derivative liabilities

-1,762

-1,762

0

Other investment liabilities

-1,749

-1,689

60

Net errors and omissions

Net errors and omissions December 2015 quarter revisions

Component

Previously published Dec 2015 quarter

Revised Dec 2015 quarter

Size of
revision

NZ$(million)

Net errors and omissions

168

-78

-246

       

International investment position

International investment position (IIP) December 2015 quarter revisions

Component

Previously published Dec 2015 quarter

Revised Dec 2015 quarter

Size of
revision

NZ$(million)

Net IIP

-151,160

-151,891

-731

NZ's international assets

224,813

224,828

15

Direct investment

36,384

36,345

-39

Portfolio investment

110,615

110,615

0

Financial derivatives

25,555

25,552

-3

Other investment

30,791

30,849

58

Reserve assets

21,468

21,468

0

NZ's international liabilities

375,974

376,720

746

Direct investment

107,637

108,316

679

Portfolio investment

156,811

156,912

101

Financial derivatives

28,792

28,795

3

Other investment

82,733

82,697

-36

       
  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+
Top
  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+