Balance of Payments and International Investment Position: Year ended 31 March 2010

• New Zealand's net international liabilities were $161.0 billion, or 85.9 percent of GDP compared with 90.7 percent at 31 March 2009.

• 68.4 percent of the $288.6 billion of foreign investment in New Zealand was from Australia, the United Kingdom, and the United States.

• New Zealand's foreign currency denominated external debt was $116.4 billion, of which 93.3 percent was hedged.

• The value of investment from Japan and the United States was $9.4 billion lower than at 31 March 2009.

• New Zealand investment abroad of $127.6 billion was mostly in Australia and the United States.

• Australian investment in New Zealand reached $100.0 billion for the first time.

30 September 2010
ISSN 1178-0223