Japan's current account surplus increased to JPY 1,910.8 billion in July 2021 from JPY 1535.3 billion in the same month of the previous year and compared with market expectations of a surplus of JPY 2,300 billion. The primary income surplus rose to JPY 2,099. 6 billion from JPY 1,900.2 billion a year earlier, while the goods account surplus jumped to a surplus of JPY 622.3 billion from a JPY 150.4 billion as exports surged 37.5 percent while imports went up at a softer 29.3 percent. Meantime, the services account shortfall widened to JPY 584.9 billion from JPY 415.8 billion in the prior year. Also, the secondary income gap increased to JPY 226.2 billion from JPY 0.996 billion. source: Ministry of Finance, Japan
Current Account in Japan averaged 1165.02 JPY Billion from 1985 until 2021, 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 September of 2021.
Current Account in Japan is expected to be 1400.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Current Account is projected to trend around 1650.00 JPY Billion in 2022 and 1750.00 JPY Billion in 2023, according to our econometric models.