Figures compare December 2018 quarter with September 2018 quarter (unless otherwise stated). New Zealand’s seasonally adjusted current account deficit was $2.5 billion. The current account deficit for the year ended December 2018 widened to $11.0 billion (3.7 percent of GDP) from the $8.2 billion deficit for the December 2017 year (2.9 percent of GDP). At 31 December 2018 New Zealand’s net international liability position was $167.3 billion (57.0 percent of GDP), up from the revised position of $156.3 billion (53.6 percent of GDP) at 30 September 2018. In the December 2018 quarter The seasonally adjusted goods and ... (full story)