Balance of Payments and International Investment Position: September 2011 quarter

Embargoed until 10:45am  –  21 December 2011

Key facts

 
  • New Zealand had a seasonally adjusted current account deficit of $2.7 billion in the September 2011 quarter, up $0.7 billion from the June 2011 quarter deficit.
  • The net inflow of investment into New Zealand was $7.1 billion in the September 2011 quarter.
  • For the year ended September 2011 the current account deficit was 4.3 percent of GDP (3.5 percent for the year ended September 2010).
  • Net international liabilities were $148.2 billion (72.9 percent of GDP) at 30 September 2011, $9.9 billion more than at 30 June 2011.
Graph, Seasonally adjusted balances, quarterly, September 2007 to September 2011. Graph, Net international investment position, quarterly, September 2009 to September 2011.
Geoff Bascand
Government Statistician
21 December 2011
ISSN 1178-0215