Japan's current account surplus narrowed to JPY 1176.8 billion in May of 2020 from JPY 1631.1 billion in the same month the previous year and compared to market expectations of JPY 1088 billion. The services account switched to a JPY 92.5 billion gap from JPY 152.5 billion surplus a year ago while the goods shortfall narrowed to JPY 556.8 billion from JPY 679.8 billion. In addition, the primary income surplus dropped to JPY 2043.4 billion from JPY 2292.3 billion, whereas the secondary income gap widened to JPY 217.3 billion from JPY 133.8 billion.
Current Account in Japan averaged 1151.39 JPY Billion from 1985 until 2020, reaching an all time high of 3360.40 JPY Billion in March of 2007 and a record low of -1456.11 JPY Billion in January of 2014. This page provides - Japan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Ministry of Finance, Japan
Current Account in Japan is expected to be 750.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Japan to stand at 2250.00 in 12 months time. In the long-term, the Japan Current Account is projected to trend around 440.00 JPY Billion in 2021 and 650.00 JPY Billion in 2022, according to our econometric models.