Balance of Payments and International Investment Position: Year ended 31 March 2011

Key facts

New Zealand's net international liabilities were $136.0 billion (68.7 percent of GDP, compared with 80.2 percent at 31 March 2010).	United States' investment in New Zealand was $4.1 billion lower than at 31 March 2010.

New Zealand's foreign currency denominated external debt was $116.1 billion (93.1 percent of which was hedged).	International assets held by the financial and insurance services industry increased $20.7 billion (from 31 March 2010).

New Zealand investment in Australia was over $50.0 billion for the first time.	International liabilities held by the public administration industry (the government) increased $11.2 billion (from 31 March 2010).




Geoff Bascand Government Statistician	29 September 2011 ISSN 1178-0223