Statistics New Zealand

09/27/2024 | Press release | Distributed by Public on 09/26/2024 16:53

Balance of payments and international investment position: Year ended 31 March 2024

Balance of payments and international investment position: Year ended 31 March 2024

27 September 2024, 10:45am

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).

  • Graph
  • Table
Created with Highcharts 5.0.14$Stock of total New Zealand investment abroad, top 4 countries, at 31 March 2019-2024United States of AmericaAustraliaUnited KingdomJapan201920202021202220232024050B100B150BStats NZ

Stock of total New Zealand investment abroad, top 4 countries, at 31 March 2019-2024

Created with Highcharts 5.0.14$Stock of total New Zealand investment abroad, top 4 countries, at 31 March 2019-2024United States of AmericaAustraliaUnited KingdomJapan201920202021202220232024050B100B150BStats NZ
Year ended in March United States of America Australia United Kingdom Japan
2019 77,925,000,000 68,507,000,000 15,846,000,000 15,579,000,000
2020 96,611,000,000 79,426,000,000 20,163,000,000 16,239,000,000
2021 106,176,000,000 86,241,000,000 19,533,000,000 13,243,000,000
2022 119,931,000,000 85,528,000,000 16,846,000,000 10,961,000,000
2023 126,351,000,000 82,190,000,000 16,994,000,000 11,281,000,000
2024 146,314,000,000 83,828,000,000 17,777,000,000 13,607,000,000
  • Graph
  • Table
Created with Highcharts 5.0.14$Stock of total foreign investment in New Zealand, top 4 countries, at 31 March 2019-2024AustraliaUnited States of AmericaUnited KingdomSingapore201920202021202220232024050B100B150B200BStats NZ

Stock of total foreign investment in New Zealand, top 4 countries, at 31 March 2019-2024

Created with Highcharts 5.0.14$Stock of total foreign investment in New Zealand, top 4 countries, at 31 March 2019-2024AustraliaUnited States of AmericaUnited KingdomSingapore201920202021202220232024050B100B150B200BStats NZ
Year ended in March Australia United States of America United Kingdom Singapore
2019 128,542,000,000 49,424,000,000 71,087,000,000 6,915,000,000
2020 145,284,000,000 60,321,000,000 77,494,000,000 10,235,000,000
2021 159,015,000,000 51,196,000,000 70,345,000,000 10,147,000,000
2022 155,337,000,000 60,191,000,000 66,338,000,000 12,246,000,000
2023 160,984,000,000 64,808,000,000 65,803,000,000 14,483,000,000
2024 175,076,000,000 76,607,000,000 60,302,000,000 16,887,000,000

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.

Media enquiries

Sandi Reily
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Technical enquiries

Mai Tran
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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.