New Zealand will fail to reach its 10-medal target at the London Olympics, according to a forecast by international accounting firm PricewaterhouseCoopers.
The New Zealand Olympic Committee has set a target of 10 medals for this year's Games, but PricewaterhouseCoopers predicts that only seven will be won - two less than the nine won at the 2008 Beijing Games.
The Olympic performance paper bases its predictions on a nation's population, average income, whether the country was part of the former Soviet bloc and whether it is the host nation.
It predicts the United States will top the medal tally with 113, three more than in Beijing.
China will be second overall, but its medal haul will slump from 100 to 87.
Being the host is expected to play a large part in boosting Britain's medal tally to 54, up from 47 four years ago and would put them fourth on the medal table.
While predicting New Zealand will win seven medals, the paper does not say just how many might be gold.
The forecast suggests the top 30 countries of the 205 expected to compete in London will win 80% of the medals.