Japan's current account surplus widened to JPY 1,166 billion in December of 2020 from JPY 545 billion in the same month of the previous year and compared to market expectations of JPY 1040 billion. The goods & services account surplus increased to JPY 622 billion from JPY 127 billion and the primary income surplus rose JPY 649 billion from JPY 442 billion. On the other hand, the secondary account deficit widened to JPY 105 billion from JPY 24 billion a year ago. For 2020, Japan recorded a current account surplus of JPY 17,698 billion, down 14% from the previous year's JPY 20,526 billion surplus. source: Ministry of Finance, Japan
Current Account in Japan averaged 1157.23 JPY Billion from 1985 until 2020, reaching an all time high of 3360.38 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 March of 2021.
Current Account in Japan is expected to be 1250.00 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 440.00 in 12 months time. In the long-term, the Japan Current Account is projected to trend around 650.00 JPY Billion in 2022, according to our econometric models.