September 2018 quarter revisions

Revisions for Balance of Payments and International Investment Position: September 2018 quarter These tables present a summary of revisions to the September 2018 quarter release. Revisions reflect new or improved information becoming available. Current and capital accounts Current and capital accounts September 2018 quarter revisions Component Previously published September 2018 quarter Revised September 2018 quarter Size of revision NZ$(million) NZ$(million) NZ$(million) Current account balance -6,149 -6,175 -26 Goods balance -3,215 -3,207 8 Goods exports (fob) 13,617 13,617 0 Goods imports (fob) 16,833 16,824 -9 Services balance -300 -327 -27 Services exports 5,141 5,145 4 Services imports 5,441 5,471 30 Primary income balance -2,563 -2,564 -1 Primary income inflow 2,395 2,398 3 Primary income outflow 4,958 4,962 4 Secondary income balance -71 -77 -6 Secondary income inflow 584 584 0 Secondary income outflow 655 661 6 Capital account balance -17 -15 2 Capital account inflow 1 3 2 Capital account outflow 18 18 0 Financial account Financial account September 2018 quarter revisions Component Previously published September 2018 quarter Revised September 2018 quarter Size of revision NZ$(million) NZ$(million) NZ$(million) Financial account balance -303 -336 -33 New Zealand investment abroad -3,609 -3,458 151 Direct investment assets -536 -342 194 Portfolio investment assets 2,141 2,141 0 Financial derivative assets -967 -967 0 Other investment assets -1,922 -1,965 -43 Reserve assets -2,324 -2,324 0 Foreign investment in New Zealand -3,912 -3,793 119 Direct investment liabilities 684 911 227 Portfolio investment liabilities -1,477 -1,360 117 Financial derivative liabilities -2,190 -2,190 0 Other investment liabilities -928 -1,154 -226 Net errors and omissions Net errors and omissions September 2018 quarter revisions Component Previously published September 2018 quarter Revised September 2018 quarter Size of revision NZ$(million) NZ$(million) NZ$(million) Net errors and omissions 6,468 6,526 58 International investment position International investment position (IIP) September 2018 quarter revisions Component Previously published September 2018 quarter Revised September 2018 quarter Size of revision NZ$(million) NZ$(million) NZ$(million) Net international investment position -156,181 -156,322 -141 New Zealand's international assets 269,209 269,511 302 Direct investment 34,387 34,671 284 Portfolio investment 156,010 156,010 0 Financial derivatives 15,127 15,130 3 Other investment 33,051 33,065 14 Reserve assets 30,634 30,634 0 New Zealand's international liabilities 425,389 425,833 444 Direct investment 117,886 118,191 305 Portfolio investment 211,498 210,860 -638 Financial derivatives 16,319 16,324 5 Other investment 79,687 80,458 771 en-NZ