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New Zealand's Current Account Deficit Narrows Significantly

9/17/2025

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Summary

Story summary

New Zealand's current account deficit decreased to NZD 0.97 billion in Q2 2025, down from NZD 3.3 billion the previous year.
The annual deficit for the year ending June 2025 improved to NZD 16.0 billion from NZD 18.3 billion in March 2025.
The goods balance surplus rose to NZD 2.67 billion, while the services account deficit increased to NZD 1 billion.
The primary income deficit fell to NZD 2.3 billion due to higher overseas investment earnings.
Economists view the narrowing deficit as a positive sign for credit ratings, with net international investment liabilities at NZD 203.9 billion by June 2025.

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Story summary

New Zealand's current account deficit decreased to NZD 0.97 billion in Q2 2025, down from NZD 3.3 billion the previous year.
The annual deficit for the year ending June 2025 improved to NZD 16.0 billion from NZD 18.3 billion in March 2025.
The goods balance surplus rose to NZD 2.67 billion, while the services account deficit increased to NZD 1 billion.
The primary income deficit fell to NZD 2.3 billion due to higher overseas investment earnings.
Economists view the narrowing deficit as a positive sign for credit ratings, with net international investment liabilities at NZD 203.9 billion by June 2025.