Japan's current account surplus narrowed to JPY 2.85 trillion in March 2019 from JPY 3.19 trillion in the same month a year earlier and below market expectations of a JPY 3.16 trillion. The narrower surplus was mainly explained by the goods account, which recorded a JPY 0.70 trillion surplus, down from JPY 1.18 trillion a year ago. Also, the primary account surplus shortened to JPY 2.06 trillion from JPY 2.13 trillion. In contrast, the services surplus widened to JPY 0.35 trillion from JPY 0.23 trillion. The secondary income deficit narrowed to JPY 0.25 trillion from JPY 0.37 trillion. Considering the first three months of the year, the current account surplus widened to JPY 6.13 trillion from JPY 5.93 trillion in the same period of 2018. Current Account in Japan averaged 1138.35 JPY Billion from 1985 until 2019, 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.

Current Account in Japan is expected to be 1170.00 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 3080.00 in 12 months time. In the long-term, the Japan Current Account is projected to trend around 440.00 JPY Billion in 2020, according to our econometric models.

Japan Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-07 11:50 PM Current Account ¥453B ¥0.757T ¥429.8B ¥700B
2019-03-07 11:50 PM Current Account ¥600.4B ¥452.8B ¥179.3B ¥250B
2019-04-07 11:50 PM Current Account ¥2676.8B ¥600.4B ¥2678.9B ¥2100B
2019-05-13 11:50 PM Current Account ¥2847.9B ¥2676.8B ¥3161.3B ¥2910B
2019-06-09 11:50 PM Current Account ¥2847.9B ¥1670B
2019-07-07 11:50 PM Current Account ¥2150B
2019-08-07 11:50 PM Current Account ¥1170B


Japan Trade Last Previous Highest Lowest Unit
Balance of Trade 528.50 334.86 1608.67 -2795.12 JPY Billion [+]
Current Account 2847.87 2676.85 3360.40 -1456.11 JPY Billion [+]
Current Account to GDP 3.50 4.00 4.70 -1.00 percent [+]
Imports 6672.82 6050.06 8047.03 162.06 JPY Billion [+]
Exports 7201.32 6384.92 7681.69 105.08 JPY Billion [+]
External Debt 442747.00 446531.00 446531.00 141743.00 JPY Billion [+]
Terms of Trade 98.00 98.40 276.10 83.10 Index Points [+]
Foreign Direct Investment 12171.03 10505.53 71136.92 -3825.00 JPY Hundred Million [+]
Capital Flows 37960.00 25305.00 51996.00 -26928.00 JPY HML [+]
Tourism Revenues 27403000.00 15787000.00 27665000.00 821000.00 JPY Thousand [+]
Tourist Arrivals 2760100.00 2604300.00 2900700.00 225806.00 [+]
Gold Reserves 765.20 765.20 765.22 753.54 Tonnes [+]
Terrorism Index 2.93 3.60 3.60 0.00 [+]
Crude Oil Production 3.00 3.00 13.00 3.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Japan Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Japan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Current Account - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2847.87 2676.85 3360.40 -1456.11 1985 - 2019 JPY Billion Monthly
Current Prices, NSA




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 586.00 Mar/19
Euro Area 15.50 Feb/19
France -1263.00 Mar/19
Germany 30217.35 Mar/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 3252.80 Feb/19
Japan 2847.87 Mar/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 4820.00 Mar/19
Spain -2769.00 Feb/19
Switzerland 15181.70 Dec/18
Turkey -589.00 Mar/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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