Services balance (credit less debit), Net (credits less debits) (US) in New Zealand
New Zealand: Services balance (credit less debit), Net (credits less debits) (US) was -564.78 million in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in New Zealand, 2005–2024
Source: International Monetary Fund.
Analysis
New Zealand recorded -564.78 million for services balance (credit less debit), net (credits less debits) in 2024.
The figure is up 65.2% on the previous year and down 143.3% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in New Zealand peaked at 3.62 billion in 2017 and was at its lowest, -6.43 billion, in 2022.
That places New Zealand 129th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) (US) in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.76 billion | — |
| 2006 | 1.75 billion | -0.2% |
| 2007 | 1.99 billion | +13.2% |
| 2008 | 1.34 billion | -32.7% |
| 2009 | 1.49 billion | +11.1% |
| 2010 | 1.32 billion | -11.1% |
| 2011 | 1.09 billion | -17.4% |
| 2012 | 732.94 million | -32.9% |
| 2013 | 853.52 million | +16.5% |
| 2014 | 1.30 billion | +52.6% |
| 2015 | 3.13 billion | +140.5% |
| 2016 | 3.58 billion | +14.3% |
| 2017 | 3.62 billion | +1.0% |
| 2018 | 3.25 billion | -10.2% |
| 2019 | 2.53 billion | -22.1% |
| 2020 | 276.77 million | -89.1% |
| 2021 | -4.03 billion | -1557.0% |
| 2022 | -6.43 billion | +59.4% |
| 2023 | -1.62 billion | -74.7% |
| 2024 | -564.78 million | -65.2% |
New Zealand compared with similar countries
- New Zealand's -564.78 million is below the median for high income countries, which is 910.63 million. (72 countries reporting)
- New Zealand's -564.78 million is below the median for East Asia & Pacific, which is -101.20 million, 5.6× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | -1557.0% | 276.77 million | -4.03 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.66 billion | 1.34 billion | 1.99 billion | 5 |
| 2010s | 2.14 billion | 732.94 million | 3.62 billion | 10 |
| 2020s | -2.47 billion | -6.43 billion | 276.77 million | 5 |
Countries ranked near New Zealand
More financial sector data for New Zealand
- Reserve position in the IMF, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 81.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 59.26 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 81.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in New Zealand?
- Services balance (credit less debit), net (credits less debits) in New Zealand was -564.78 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in New Zealand?
- The highest recorded value was 3.62 billion in 2017.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in New Zealand?
- The lowest recorded value was -6.43 billion in 2022.
- How does New Zealand rank for services balance (credit less debit), net (credits less debits)?
- New Zealand ranks 129th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in New Zealand?
- Over the last ten years it is down 143.3%. 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 Services 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.