New Zealand Balance of Payments Current Account for Q1

An improvement and better than expected.

BoP current account balance NZD 0.675bn

  • expected 0.16bn, prior -3.256bn

Q1 current account has come in to -3.6% of GDP from its Q4 2018 -3.8% (ie a smaller deficit as a % of GDP).

Current account to GDP -3.6%

  • expected -3.5%, prior -3.8%