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
