Current account balance (credit less debit), Net (credits less debits) in New Zealand
New Zealand: Current account balance (credit less debit), Net (credits less debits) was -12.11 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in New Zealand, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in New Zealand stood at -12.11 billion.
That represents a change of up 23.2% on the previous year and down 94.5% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in New Zealand peaked at -2.31 billion in 2020 and was at its lowest, -21.85 billion, in 2022.
That places New Zealand 187th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -8.03 billion | — |
| 2006 | -7.88 billion | -1.8% |
| 2007 | -9.32 billion | +18.3% |
| 2008 | -10.26 billion | +10.1% |
| 2009 | -3.01 billion | -70.7% |
| 2010 | -3.43 billion | +13.9% |
| 2011 | -4.82 billion | +40.6% |
| 2012 | -6.89 billion | +42.8% |
| 2013 | -5.84 billion | -15.3% |
| 2014 | -6.22 billion | +6.6% |
| 2015 | -4.66 billion | -25.1% |
| 2016 | -4.07 billion | -12.7% |
| 2017 | -6.03 billion | +48.2% |
| 2018 | -8.82 billion | +46.1% |
| 2019 | -6.01 billion | -31.8% |
| 2020 | -2.31 billion | -61.6% |
| 2021 | -14.33 billion | +520.6% |
| 2022 | -21.85 billion | +52.5% |
| 2023 | -15.77 billion | -27.9% |
| 2024 | -12.11 billion | -23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.70 billion | -10.26 billion | -3.01 billion | 5 |
| 2010s | -5.68 billion | -8.82 billion | -3.43 billion | 10 |
| 2020s | -13.27 billion | -21.85 billion | -2.31 billion | 5 |
Countries ranked near New Zealand
More financial sector data for New Zealand
- Net domestic credit (current LCU), per capita 120,241 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 2.42 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 4.19 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 18.09 billion SDR (2025)
- Reserves excluding gold 20.56 billion SDR (2025)
- Total reserves (gold at market value) 20.56 billion SDR (2025)
- Total reserves (gold at national valuation) 20.56 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,861 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in New Zealand?
- Current account balance (credit less debit), net (credits less debits) in New Zealand was -12.11 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in New Zealand?
- The highest recorded value was -2.31 billion in 2020.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in New Zealand?
- The lowest recorded value was -21.85 billion in 2022.
- How does New Zealand rank for current account balance (credit less debit), net (credits less debits)?
- New Zealand ranks 187th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in New Zealand?
- Over the last ten years it is down 94.5%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.