Nouvelle-Zélande - Compte courant

New Zealand’s current account deficit narrowed to NZD 1.11 billion in the second quarter of 2019 from NZD 1.67 billion a year earlier to practically match expectations of a NZD 1.12 billion gap. The goods account surplus widened to NZD 0.95 billion from NZD 0.27 billion a year ago. In contrast, the services account surplus narrowed to NZD 0.57 billion from NZD 0.96 billion. Meantime, the primary account deficit narrowed to NZD 2.35 billion from NZD 2.82 billion, whereas the secondary account shortfall widened to NZD 0.28 billion from NZD 0.09 billion. The 12-month gap widened to NZD 10.23 billion from NZD 9.33 billion for the previous period.

New Zealand current account surplus widened to NZD 0.68 billion in the first quarter of 2019 from NZD 0.09 billion a year earlier and compared to expectations of a NZD 0.53 billion surplus. The goods account switched to a NZD 0.23 billion surplus from a NZD 0.39 deficit a year ago. In contrast, the services account surplus narrowed to NZD 2.98 billion from NZD 3.24 billion. Meantime, the primary account deficit narrowed to NZD 2.41 billion from NZD 2.63 billion, whereas the secondary account remained practically unchanged at NZD 0.12 billion (vs NZD 0.13 billion).

New Zealand current account deficit widened to NZD 3.26 billion in the fourth quarter of 2018 from NZD 2.85 billion a year earlier and compared to expectations of a NZD 3.56 billion shortfall. The goods account deficit widened sharply to NZD 1.70 billion from NZD 1.19 billion a year earlier, whereas the services account surplus narrowed to NZD 0.97 billion from NZD 1.97 billion. Meantime, the primary income shortfall narrowed to NZD 2.52 billion from NZD 2.95 billion, whereas the secondary income account turned balanced compared to a NZD 0.10 billion surplus in Q4 2017. In 2018, the country's current account gap rose to NZD 2.74 billion from NZD 2.05 billion in the previous year.