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Balance of Payments and International Investment Position: September 2013 quarter
Embargoed until 10:45am  –  18 December 2013
Key facts
  • New Zealand's seasonally adjusted current account balance was a $2.6 billion deficit in the September 2013 quarter, the largest since the December 2008 quarter.
  • The larger quarterly deficit was mainly due to an increase in the imports of goods in the September 2013 quarter.
  • For the year ended September 2013, the current account deficit was $8.8 billion (4.1 percent of GDP); it was 3.9 percent of GDP for the year ended June 2013.
  • New Zealand's net international liability position was $150.1 billion (69.5 percent of GDP) at 30 September 2013, $1.5 billion less than the 30 June 2013 position.

 

 

 

 Graph, Seasonally adjusted balances, quarterly, September 2009 to September 2013.

 

Graph, Net international investment position, quarterly, September 2011 to September 2013.  

 

   

Liz MacPherson
Government Statistician

18 December 2013
ISSN 1178-0215
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