Economic Outlook No 117 — Current account balance in New Zealand
New Zealand: Economic Outlook No 117 — Current account balance was -22.19 billion in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance in New Zealand, 1971–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
New Zealand recorded -22.19 billion for economic outlook no 117 — current account balance in 2026.
Compared with earlier readings it is down 0.8% on the previous year and down 302.8% over ten years.
Over the whole period, economic outlook no 117 — current account balance in New Zealand peaked at 95.00 million in 1973 and was at its lowest, -34.61 billion, in 2022.
That places New Zealand 22nd out of 36 countries with data for 2026, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Current account balance in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 1971 | -14.67 million | — |
| 1972 | 34.00 million | -331.8% |
| 1973 | 95.00 million | +179.4% |
| 1974 | -1.13 billion | -1286.3% |
| 1975 | -1.11 billion | -1.4% |
| 1976 | -917.00 million | -17.5% |
| 1977 | -839.00 million | -8.5% |
| 1978 | -421.00 million | -49.8% |
| 1979 | -596.00 million | +41.6% |
| 1980 | -919.00 million | +54.2% |
| 1981 | -1.22 billion | +33.0% |
| 1982 | -2.26 billion | +84.8% |
| 1983 | -1.41 billion | -37.8% |
| 1984 | -3.19 billion | +126.8% |
| 1985 | -3.00 billion | -5.8% |
| 1986 | -2.90 billion | -3.4% |
| 1987 | -2.50 billion | -13.8% |
| 1988 | -176.00 million | -93.0% |
| 1989 | -2.17 billion | +1134.1% |
| 1990 | -2.14 billion | -1.4% |
| 1991 | -1.78 billion | -16.9% |
| 1992 | -2.82 billion | +58.5% |
| 1993 | -2.76 billion | -2.0% |
| 1994 | -2.75 billion | -0.4% |
| 1995 | -3.71 billion | +34.6% |
| 1996 | -4.77 billion | +28.8% |
| 1997 | -5.39 billion | +13.0% |
| 1998 | -2.81 billion | -47.8% |
| 1999 | -5.44 billion | +93.2% |
| 2000 | -3.83 billion | -29.5% |
| 2001 | -1.02 billion | -73.3% |
| 2002 | -2.90 billion | +183.8% |
| 2003 | -3.46 billion | +19.4% |
| 2004 | -6.99 billion | +101.9% |
| 2005 | -11.38 billion | +62.8% |
| 2006 | -12.06 billion | +6.0% |
| 2007 | -12.45 billion | +3.2% |
| 2008 | -14.55 billion | +16.9% |
| 2009 | -4.36 billion | -70.1% |
| 2010 | -4.52 billion | +3.7% |
| 2011 | -5.91 billion | +30.9% |
| 2012 | -8.47 billion | +43.3% |
| 2013 | -7.04 billion | -16.9% |
| 2014 | -7.50 billion | +6.5% |
| 2015 | -6.82 billion | -9.1% |
| 2016 | -5.51 billion | -19.2% |
| 2017 | -8.14 billion | +47.7% |
| 2018 | -12.68 billion | +55.8% |
| 2019 | -9.06 billion | -28.6% |
| 2020 | -4.36 billion | -51.9% |
| 2021 | -20.65 billion | +374.3% |
| 2022 | -34.61 billion | +67.6% |
| 2023 | -28.58 billion | -17.4% |
| 2024 | -26.37 billion | -7.7% |
| 2025 | -22.03 billion | -16.5% |
| 2026 | -22.19 billion | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -544.07 million | -1.13 billion | 95.00 million | 9 |
| 1980s | -1.97 billion | -3.19 billion | -176.00 million | 10 |
| 1990s | -3.44 billion | -5.44 billion | -1.78 billion | 10 |
| 2000s | -7.30 billion | -14.55 billion | -1.02 billion | 10 |
| 2010s | -7.57 billion | -12.68 billion | -4.52 billion | 10 |
| 2020s | -22.68 billion | -34.61 billion | -4.36 billion | 7 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 8.2 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.4082 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 20,179 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.35 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.204 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 10,085 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.05 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2337 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is economic outlook no 117 — current account balance in New Zealand?
- Economic outlook no 117 — current account balance in New Zealand was -22.19 billion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — current account balance recorded in New Zealand?
- The highest recorded value was 95.00 million in 1973.
- What is the lowest economic outlook no 117 — current account balance recorded in New Zealand?
- The lowest recorded value was -34.61 billion in 2022.
- How does New Zealand rank for economic outlook no 117 — current account balance?
- New Zealand ranks 22nd out of 36 countries with data for 2026.
- Is economic outlook no 117 — current account balance rising or falling in New Zealand?
- Over the last ten years it is down 302.8%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Current account balance. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP