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Kōrero: Balance of payments

Net international investment position

Start of quarter Flows during quarter End of quarter
New Zealand investment overseas Direct investment overseas Exchange rate revaluation
Foreign investment in New Zealand Portfolio investment overseas Market
revaluation
  Other overseas investment and reserve assets
  Foreign direct investment in New Zealand
  Foreign portfolio investment in New Zealand
  Other foreign investments and reserve assets in New Zealand
NIIP at start of quarter Balance on financial account Total adjustment NIIP at end of quarter

This table shows how the net international investment position (NIIP) is calculated at the end of any quarter. At the start of the quarter an international investment position is found by subtracting the total foreign investment in New Zealand from the total of New Zealand investments overseas. For a long time this has been a negative figure – that is, foreigners invested more and therefore acquired more assets in New Zealand that New Zealanders did overseas. The new capital flows both in and out of New Zealand for the period are then worked out, and the difference between them is added to or subtracted from the position at the start of the quarter. The resulting figure is the new NIIP at the end of the quarter.

Te whakamahi i tēnei tūemi

Te Ara - The Encyclopedia of New Zealand

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Me pēnei te tohu i te whārang

C. John McDermott rāua ko Rishab Sethi, Balance of payments – Other perspectives on the current account, Te Ara – the Encyclopedia of New Zealand, https://teara.govt.nz/mi/diagram/23960/net-international-investment-position (accessed 4 June 2026).

He kōrero nā C. John McDermott rāua ko Rishab Sethi, i tāngia i te 12 April 2010.