New Zealand

New ZealandCurrent account

NZ desk: New Zealand first; Australia, United States, United Kingdom, euro area, Korea and Taiwan alongside.

-3.62%

+1.01 pp

As of 2025 | % of GDP

Latest
-3.62% 2025
Previous year
-4.63% 2024
Min
-8.75% 2022
Max
-0.78% 2001
YearValue
2025-3.62%
2024-4.63%
2023-6.15%
2022-8.75%
2021-5.65%
2020-1.08%
2019-2.82%
2018-4.16%
2017-2.92%
2016-2.15%
2015-2.62%
2014-3.09%
2013-3.06%
2012-3.90%
2011-2.86%
2010-2.33%
2009-2.47%
2008-7.69%
2007-6.80%
2006-7.07%
2005-7.00%
2004-4.51%
2003-2.41%
2002-2.10%
#CountryCurrent accountChangeYear
9Singapore16.71%−0.49 pp202532Korea, Rep.6.57%+1.24 pp2025110United Kingdom-2.43%+0.53 pp2025115Australia-2.68%−0.37 pp2025129New Zealand-3.62%+1.01 pp2025131United States-3.63%+0.42 pp2025

What the current account is

The current-account balance as a share of GDP (BN.CAB.XOKA.GD.ZS) is exports minus imports of goods and services, plus net primary income and current transfers, divided by GDP. A surplus means the economy is a net lender to the rest of the world. Latest: -3.62% in 2025.

A large surplus or deficit is not automatically good or bad; it depends on saving, investment and the exchange rate. From 2000 to 2025 (26 years): latest -3.62% (2025), previous year -4.63% (2024); low -8.75% (2022), high -0.78% (2001).

Source: World Bank Open Data. Licence: CC BY 4.0 (terms).