Balance of payments records the value of the country's transactions with the rest of the world. It shows changes in financial claims on, and liabilities to, the rest of the world. International investment position is a snapshot of the country's financial assets and liabilities.
Key facts
As at 31 March 2024:
Of New Zealand's $373.2 billion total investment abroad:
- 70.1 percent was in the United States of America, Australia, the United Kingdom, and Japan
- 7.9 percent was direct investment
- 68.5 percent was portfolio investment
- 5.2 percent was financial derivatives
- 11.1 percent was other investment
- 7.3 percent was reserve assets.
Of the $572.3 billion total foreign investment in New Zealand:
- 57.5 percent was from Australia, the United States of America, the United Kingdom, and Singapore
- 27.7 percent was direct investment
- 51.6 percent was portfolio investment
- 3.8 percent was financial derivatives
- 17.0 percent was other investment.
New Zealand's foreign-currency-denominated external debt was $140.1 billion (97.6 percent of which was hedged).
| Year ended in March | United States of America | Australia | United Kingdom | Japan |
| 2019 | 77925000000 | 68507000000 | 15846000000 | 15579000000 |
| 2020 | 96611000000 | 79426000000 | 20163000000 | 16239000000 |
| 2021 | 1.06176E+11 | 86241000000 | 19533000000 | 13243000000 |
| 2022 | 1.19931E+11 | 85528000000 | 16846000000 | 10961000000 |
| 2023 | 1.26351E+11 | 82190000000 | 16994000000 | 11281000000 |
| 2024 | 1.46314E+11 | 83828000000 | 17777000000 | 13607000000 |
| Year ended in March | Australia | United States of America | United Kingdom | Singapore |
| 2019 | 1.28542E+11 | 49424000000 | 71087000000 | 6915000000 |
| 2020 | 1.45284E+11 | 60321000000 | 77494000000 | 10235000000 |
| 2021 | 1.59015E+11 | 51196000000 | 70345000000 | 10147000000 |
| 2022 | 1.55337E+11 | 60191000000 | 66338000000 | 12246000000 |
| 2023 | 1.60984E+11 | 64808000000 | 65803000000 | 14483000000 |
| 2024 | 1.75076E+11 | 76607000000 | 60302000000 | 16887000000 |
This information release brings together previously released quarterly statistics for the balance of payments and international investment position into the year-ended March 2024 totals.
This includes:
- stocks and flows of international investment, for selected countries
- international assets and liabilities, direct investment, and investment income, by industry sector
- hedging of New Zealand's foreign-currency-denominated external debt.
This information release includes the latest data sources and methods.
2024 balance of payments and national accounts: Data sources and methods has more information.
More data
Use Infoshare for balance of payments time series:
Subject category: Economic indicators
Group: Balance of payments - BOP
Group: International investment position - IIP
Definitions and metadata
Balance of payments - DataInfo+ details the general methodology used to produce balance of payments statistics.
Balance of payments concepts - DataInfo+ provides the definitions of terms used in this release.
Technical enquiries
Mai Tran
03 964 8331
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ISSN 1178-0223
Next release
Balance of payments and international investment position: September 2024 quarter will be released on 18 December 2024.
