New Zealand’s seasonally adjusted current account deficit widened to $5.0 billion in the March 2021 quarter, Stats NZ
said today.
Prior to the March 2021 quarter, the largest deficit reported was $4.3 billion in the June 2008 quarter during the
global financial crisis.
The annual current account deficit was $7.2 billion in the year ended March 2021 (2.2 percent of GDP).
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