External balance on goods and services in New Zealand
New Zealand: External balance on goods and services was -3.27 billion current US$ in 2024. ◆ Volatile
External balance on goods and services in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for external balance on goods and services in New Zealand is -3.27 billion current US$, measured in 2024.
Compared with earlier readings it is up 51.0% on the previous year and down 300.3% over ten years.
Over the whole period, external balance on goods and services in New Zealand peaked at 3.36 billion current US$ in 2010 and was at its lowest, -12.77 billion current US$, in 2022.
New Zealand ranks 143rd of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -320.82 million current US$ | -1.72 billion current US$ | 291.69 million current US$ | 10 |
| 1980s | 9.45 million current US$ | -738.49 million current US$ | 1.80 billion current US$ | 10 |
| 1990s | 1.08 billion current US$ | 293.74 million current US$ | 1.71 billion current US$ | 10 |
| 2000s | 795.75 million current US$ | -1.66 billion current US$ | 2.82 billion current US$ | 10 |
| 2010s | 1.72 billion current US$ | -208.27 million current US$ | 3.36 billion current US$ | 10 |
| 2020s | -6.66 billion current US$ | -12.77 billion current US$ | -1.05 billion current US$ | 5 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- DEC alternative conversion factor 1.7 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -1.25 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -754.10 million current US$ (2024)
- Taxes less subsidies on products 34.74 billion current LCU (2023)
- Taxes less subsidies on products 21.34 billion current US$ (2023)
- Net primary income (Net income from abroad) -11.66 billion current LCU (2024)
- Net primary income (Net income from abroad) -7.06 billion current US$ (2024)
- GNI per capita 78,957 current LCU (2025)
- GNI per capita, Atlas method 46,630 current US$ (2025)
- GNI 420.42 billion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in New Zealand?
- External balance on goods and services in New Zealand was -3.27 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in New Zealand?
- The highest recorded value was 3.36 billion current US$ in 2010.
- What is the lowest external balance on goods and services recorded in New Zealand?
- The lowest recorded value was -12.77 billion current US$ in 2022.
- How does New Zealand rank for external balance on goods and services?
- New Zealand ranks 143rd out of 192 countries with data for 2024.
- Is external balance on goods and services rising or falling in New Zealand?
- Over the last ten years it is down 300.3%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.