Current Account - GDP Ratio

The Current Account released by the Statistics New Zealand is a net flow of current transactions, including goods, services, and interest payments into and out of New Zealand. In this case is showed as a percentage of gross domestic product. A current account surplus indicates that the flow of capital into New Zealand exceeds the capital reduction. Normally, a high reading is seen as positive (or Bullish) for the NZD, whereas a low reading is seen as negative (or Bearish).

Most recent - Tuesday 17 September 2024 22:45

Previous
-6.8%
Revised
-6.7%
Forecast
-
Actual
-6.7%

Trading range

Forecast history

The most recent announced value for Current Account - GDP Ratio was -6.7%.

Past events

Date
Forecast
Actual
Tuesday 17 September 2024 22:45
-
-6.7%
Tuesday 18 June 2024 22:45
-
-6.8%
Tuesday 19 March 2024 21:45
-
-6.9%
Tuesday 12 December 2023 21:45
-
-7.6%
Tuesday 19 September 2023 22:45
-
-7.5%
Tuesday 13 June 2023 22:45
-9.3%
-8.5%
Tuesday 14 March 2023 21:45
-8.4%
-8.9%
Tuesday 13 December 2022 21:45
-8.7%
-7.9%
Tuesday 13 September 2022 22:45
-7.4%
-7.7%
Tuesday 14 June 2022 22:45
-6.3%
-6.5%
Tuesday 15 March 2022 21:45
-5.6%
-5.8%
Tuesday 14 December 2021 21:45
-4.5%
-4.6%

Economic context

Other recent announcements which may affect the market's interpretation of the next Current Account - GDP Ratio result:

PreviousLatest
Gross Domestic Product (QoQ)Bearish change0.1%-0.2%
Gross Domestic Product (YoY)Bearish change0.5%-0.5%
Business NZ PSIBullish change45.245.5
Business NZ PMIBullish change44.445.8

About Current Account - GDP Ratio

Country:New Zealand
Currency:NZD
Source:Stats NZ
Category:Capital Flows
Frequency:Quarterly
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