Table 6 - Current Account
|
$NZ Million Year ended March |
2010 Actual |
2011 Estimate |
2012 Forecast |
2013 Forecast |
2014 Forecast |
2015 Forecast |
|---|---|---|---|---|---|---|
| Exports Goods | 40,092 | 45,046 | 48,939 | 51,501 | 56,016 | 62,820 |
| annual % change | -9.4 | 12.4 | 8.6 | 5.2 | 8.8 | 12.1 |
| Imports Goods | 37,452 | 41,554 | 45,891 | 50,676 | 57,364 | 63,337 |
| annual % change | -18.2 | 11.0 | 10.4 | 10.4 | 13.2 | 10.4 |
| Balance on Goods | 2,641 | 3,493 | 3,048 | 825 | -1,347 | -518 |
| % of Nominal GDP | 1.4 | 1.8 | 1.5 | 0.4 | -0.6 | -0.2 |
| Exports Services | 12,332 | 12,057 | 13,026 | 13,647 | 14,428 | 15,452 |
| annual % change | -4.8 | -2.2 | 8.0 | 4.8 | 5.7 | 7.1 |
| Imports Services | 12,239 | 12,931 | 13,841 | 14,830 | 16,305 | 17,963 |
| annual % change | -11.5 | 5.7 | 7.0 | 7.1 | 9.9 | 10.2 |
| Balance on services | 92 | -874 | -816 | -1,183 | -1,877 | -2,511 |
| % of Nominal GDP | 0.0 | -0.4 | -0.4 | -0.5 | -0.8 | -1.0 |
| Balance on goods & services | 2,733 | 2,618 | 2,232 | -358 | -3,224 | -3,028 |
| % of Nominal GDP | 1.5 | 1.3 | 1.1 | -0.2 | -1.4 | -1.2 |
| Income and current transfers balance | -7,192 | -1,626 | -10,612 | -11,107 | -12,410 | -13,778 |
| % of Nominal GDP | -3.8 | -0.8 | -5.1 | -5.1 | -5.4 | -5.7 |
Current account balance |
-4,458 | 992 | -8,379 | -11,464 | -15,634 | -16,806 |
| % of Nominal GDP | -2.4 | 0.5 | -4.1 | -5.2 | -6.8 | -6.9 |
Source: Statistics New Zealand, The Treasury
