Source: Statistics New Zealand
Current account deficit $3.8 billion for the September 2025 quarter – news story
17 December 2025
New Zealand’s seasonally adjusted current account deficit widened by $153 million to $3.8 billion in the September 2025 quarter, according to figures released by Stats NZ today.
“The primary income balance widened by $435 million, while the goods balance widened by $414 million for the September 2025 quarter,” international accounts spokesperson Viki Ward said.
Primary income deficit widens
In the September 2025 quarter, the primary income deficit was $3.0 billion.
“The main contributor to the primary income deficit was a net outflow of investment income, led by dividend payments overseas,” Ward said.
New Zealand’s investors earnings fell $293 million, while foreign investors earnings increased by $200 million.
