New Zealand - External balance on goods and services
External balance on goods and services (current US$)
The latest value for External balance on goods and services (current US$) in New Zealand was $1,844,364,000.00 as of 2009. Over the past 39 years, the value for this indicator has fluctuated between $1,844,364,000.00 in 2009 and ($2,462,032,000.00) in 2005.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | ($197,532,800.00) |
| 1971 | $58,857,470.00 |
| 1972 | $285,610,100.00 |
| 1973 | $8,348,407.00 |
| 1974 | ($1,727,799,000.00) |
| 1975 | ($902,417,000.00) |
| 1976 | ($362,431,800.00) |
| 1977 | ($260,689,200.00) |
| 1978 | $120,192,300.00 |
| 1979 | ($341,580,700.00) |
| 1980 | ($276,973,600.00) |
| 1981 | ($769,294,800.00) |
| 1982 | ($763,292,000.00) |
| 1983 | ($362,776,000.00) |
| 1984 | ($679,767,700.00) |
| 1985 | ($699,232,800.00) |
| 1986 | ($62,523,240.00) |
| 1987 | $595,892,900.00 |
| 1988 | $1,504,051,000.00 |
| 1989 | $17,886,350.00 |
| 1990 | $111,527,600.00 |
| 1991 | $1,259,933,000.00 |
| 1992 | $978,805,300.00 |
| 1993 | $1,324,846,000.00 |
| 1994 | $1,010,697,000.00 |
| 1995 | $499,618,400.00 |
| 1996 | $405,936,400.00 |
| 1997 | $272,140,400.00 |
| 1998 | $159,397,200.00 |
| 1999 | ($428,512,000.00) |
| 2000 | $860,913,900.00 |
| 2001 | $1,229,799,000.00 |
| 2002 | $1,229,625,000.00 |
| 2003 | $306,286,700.00 |
| 2004 | ($677,657,900.00) |
| 2005 | ($2,462,032,000.00) |
| 2006 | ($1,558,305,000.00) |
| 2007 | ($1,167,830,000.00) |
| 2008 | ($1,524,181,000.00) |
| 2009 | $1,844,364,000.00 |
External balance on goods and services (current LCU)
The value for External balance on goods and services (current LCU) in New Zealand was 2,964,000,000.00 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 2,964,000,000.00 in 2010 and a minimum value of -3,562,314,000.00 in 2005.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | -176,377,000.00 |
| 1971 | 51,000,000.00 |
| 1972 | 235,000,000.00 |
| 1973 | 6,000,000.00 |
| 1974 | -1,253,000,000.00 |
| 1975 | -799,000,000.00 |
| 1976 | -372,000,000.00 |
| 1977 | -264,000,000.00 |
| 1978 | 115,000,000.00 |
| 1979 | -341,000,000.00 |
| 1980 | -287,000,000.00 |
| 1981 | -924,000,000.00 |
| 1982 | -1,048,000,000.00 |
| 1983 | -552,000,000.00 |
| 1984 | -1,311,000,000.00 |
| 1985 | -1,367,000,000.00 |
| 1986 | -118,394,000.00 |
| 1987 | 962,665,000.00 |
| 1988 | 2,335,038,000.00 |
| 1989 | 30,222,570.00 |
| 1990 | 186,619,100.00 |
| 1991 | 2,239,153,000.00 |
| 1992 | 1,840,937,000.00 |
| 1993 | 2,395,454,000.00 |
| 1994 | 1,655,421,000.00 |
| 1995 | 752,225,500.00 |
| 1996 | 585,116,700.00 |
| 1997 | 431,696,400.00 |
| 1998 | 302,838,700.00 |
| 1999 | -825,699,800.00 |
| 2000 | 1,960,559,000.00 |
| 2001 | 2,938,236,000.00 |
| 2002 | 2,494,786,000.00 |
| 2003 | 501,513,800.00 |
| 2004 | -1,008,016,000.00 |
| 2005 | -3,562,314,000.00 |
| 2006 | -2,377,194,000.00 |
| 2007 | -1,538,849,000.00 |
| 2008 | -2,400,585,000.00 |
| 2009 | 2,734,270,000.00 |
| 2010 | 2,964,000,000.00 |
External balance on goods and services (constant LCU)
The value for External balance on goods and services (constant LCU) in New Zealand was -611,218,100.00 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 5,595,022,000.00 in 2002 and a minimum value of -4,783,256,000.00 in 2007.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 769,769,500.00 |
| 1961 | 305,148,800.00 |
| 1962 | -406,942,300.00 |
| 1963 | 597,025,300.00 |
| 1964 | 980,073,700.00 |
| 1965 | 2,811,508,000.00 |
| 1966 | 2,729,462,000.00 |
| 1967 | 166,832,900.00 |
| 1968 | -1,405,227,000.00 |
| 1969 | -1,860,820,000.00 |
| 1970 | 596,257,800.00 |
| 1971 | 1,525,110,000.00 |
| 1972 | 872,358,600.00 |
| 1973 | -1,538,185,000.00 |
| 1974 | -3,492,486,000.00 |
| 1975 | 918,892,600.00 |
| 1976 | 2,416,019,000.00 |
| 1977 | 2,278,633,000.00 |
| 1978 | 2,418,707,000.00 |
| 1979 | 1,612,290,000.00 |
| 1980 | 2,935,096,000.00 |
| 1981 | 1,982,635,000.00 |
| 1982 | 2,027,062,000.00 |
| 1983 | 3,061,876,000.00 |
| 1984 | 3,065,222,000.00 |
| 1985 | 3,135,622,000.00 |
| 1986 | 3,661,148,000.00 |
| 1987 | 3,722,760,000.00 |
| 1988 | 4,198,040,000.00 |
| 1989 | 1,127,402,000.00 |
| 1990 | 2,474,258,000.00 |
| 1991 | 5,315,207,000.00 |
| 1992 | 4,749,831,000.00 |
| 1993 | 4,937,907,000.00 |
| 1994 | 4,089,927,000.00 |
| 1995 | 3,073,679,000.00 |
| 1996 | 2,763,221,000.00 |
| 1997 | 3,254,605,000.00 |
| 1998 | 3,586,406,000.00 |
| 1999 | 2,712,543,000.00 |
| 2000 | 5,143,534,000.00 |
| 2001 | 4,983,501,000.00 |
| 2002 | 5,595,022,000.00 |
| 2003 | 1,464,343,000.00 |
| 2004 | -1,558,921,000.00 |
| 2005 | -3,562,314,000.00 |
| 2006 | -1,533,446,000.00 |
| 2007 | -4,783,256,000.00 |
| 2008 | -4,130,446,000.00 |
| 2009 | 2,576,797,000.00 |
| 2010 | -611,218,100.00 |
External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in New Zealand was 1.53 as of 2010. Its highest value over the past 40 years was 3.40 in 1988, while its lowest value was -12.54 in 1974.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | -3.07 |
| 1971 | 0.75 |
| 1972 | 3.01 |
| 1973 | 0.07 |
| 1974 | -12.54 |
| 1975 | -7.11 |
| 1976 | -2.70 |
| 1977 | -1.71 |
| 1978 | 0.66 |
| 1979 | -1.67 |
| 1980 | -1.21 |
| 1981 | -3.21 |
| 1982 | -3.22 |
| 1983 | -1.52 |
| 1984 | -3.20 |
| 1985 | -2.89 |
| 1986 | -0.21 |
| 1987 | 1.51 |
| 1988 | 3.40 |
| 1989 | 0.04 |
| 1990 | 0.25 |
| 1991 | 3.01 |
| 1992 | 2.40 |
| 1993 | 2.89 |
| 1994 | 1.86 |
| 1995 | 0.80 |
| 1996 | 0.59 |
| 1997 | 0.42 |
| 1998 | 0.29 |
| 1999 | -0.74 |
| 2000 | 1.67 |
| 2001 | 2.33 |
| 2002 | 1.88 |
| 2003 | 0.35 |
| 2004 | -0.66 |
| 2005 | -2.22 |
| 2006 | -1.41 |
| 2007 | -0.84 |
| 2008 | -1.29 |
| 2009 | 1.46 |
| 2010 | 1.53 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
