The annual current account deficit was $29.8 billion (7.5 percent of gross domestic product (GDP)) in the year ended 30 June 2023, according to figures released by Stats NZ today. The deficit was $1.2 billion wider than the year ended 30 June 2022 (7.9 percent of GDP). Year ended in quarter Annual current account balance to GDP ratio (%) Jun-03 -2.5 Sep-03 -2.5 Dec-03 -2.5 Mar-04 -2.8 Jun-04 -2.8 Sep-04 -3.8 Dec-04 -4.6 Mar-05 -5.1 Jun-05 -6.1 Sep-05 -6.6 Dec-05 -7.1 Mar-06 -7.

https://www.miragenews.com/annual-current-account-deficit-29-8-billion-1087774/

#miragenews