This table shows the different elements that made up New Zealand’s balance of payments for the quarter ended 30 September 2007. During that period New Zealand had a considerable deficit in the current account, with deficits in the trade of both goods and services and a big deficit in income from overseas investments. The total deficit in the current account was $5,467 million. However, this was financed by almost the same scale of surplus when the balance of investment movements is examined in the financial account. Over $8,000 million of capital came into New Zealand and less than $3,000 million was invested by New Zealanders overseas. So the net position in the financial account of $5,427 million was very close to the current-account deficit. The difference was explained by small movements in the capital account, such as money brought in by migrants, and errors and omissions.
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Source: Statistics New Zealand