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Balance of payments and international investment position: June 2020 quarter
Key facts • Figures compare June 2020 quarter with March 2020 quarter (unless otherwise stated). New Zealand’s seasonally adjusted current account surplus was $482 million. • The current account deficit for the year ended June 2020 narrowed to $5.8 billion (1.9 percent of GDP) from an $11.6 billion deficit for the June 2019 year (3.8 percent of GDP). As at 30 June 2020 • New Zealand’s net international liability position was $180.1 billion, compared with $179.3 billion at 31 March 2020. In the June 2020 quarter • The seasonally adjusted goods balance was a $2.2 billion surplus. • The seasonally adjusted ... (full story)