New Zealand - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in New Zealand was -0.69 as of 2020. Its highest value over the past 49 years was 3.98 in 1988, while its lowest value was -12.30 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 |
---|---|
1971 | 0.80 |
1972 | 3.05 |
1973 | 0.15 |
1974 | -12.30 |
1975 | -6.93 |
1976 | -2.58 |
1977 | -1.60 |
1978 | 0.74 |
1979 | -1.55 |
1980 | -1.08 |
1981 | -3.02 |
1982 | -2.97 |
1983 | -1.18 |
1984 | -2.58 |
1985 | -2.13 |
1986 | 0.50 |
1987 | 2.24 |
1988 | 3.98 |
1989 | 0.72 |
1990 | 0.92 |
1991 | 3.69 |
1992 | 3.15 |
1993 | 3.65 |
1994 | 2.74 |
1995 | 1.87 |
1996 | 1.58 |
1997 | 1.39 |
1998 | 1.34 |
1999 | 0.50 |
2000 | 2.97 |
2001 | 3.63 |
2002 | 3.04 |
2003 | 1.76 |
2004 | 0.29 |
2005 | -1.45 |
2006 | -0.39 |
2007 | 0.12 |
2008 | -0.25 |
2009 | 2.32 |
2010 | 2.30 |
2011 | 1.55 |
2012 | 0.70 |
2013 | 1.61 |
2014 | 0.80 |
2015 | 0.90 |
2016 | 0.63 |
2017 | 0.76 |
2018 | -0.31 |
2019 | -0.12 |
2020 | -0.69 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts