Quarterly current account deficit $5.5 billion – media release
18 June 2025
New Zealand’s seasonally adjusted current account deficit narrowed by $53 million to $5.5 billion in the March 2025 quarter, according to figures released by Stats NZ today.
“The value of New Zealand goods exports increased in the March 2025 quarter. However, rising export values were partly offset by increases in goods imports,” international accounts spokesperson Viki Ward said.
“The March 2025 quarter current account deficit is very similar to the December 2024 quarter.”
The value of services New Zealand imported from the rest of the world increased, while the value of services exported decreased in the March 2025 quarter.
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