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Balance of Payments and International Investment Position: March 2014 quarter
Embargoed until 10:45am  –  18 June 2014
Key facts
  • New Zealand's seasonally adjusted current account balance was a $0.6 billion deficit in the March 2014 quarter.
  • For the year ended March 2014, the current account deficit was $6.3 billion (2.8 percent of GDP); it was 3.4 percent of GDP for the year ended December 2013.
  • New Zealand's unadjusted current account balance was a surplus of $1.4 billion in the March 2014 quarter, the largest actual dollar surplus ever recorded.
  • New Zealand's net international liability position was $148.0 billion (65.3 percent of GDP) at 31 March 2014 ($1.1 billion more than at 31 December 2013).

   Graph, Seasonally adjusted balances, quarterly, March 2010 to March 2014. Graph, Net international investment position, quarterly, March 2012 to March 2014.         

Liz MacPherson, Government Statistician
ISSN 1178-0215
18 June 2014 

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