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.

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Japan Current Account

Actual Previous Highest Lowest Dates Unit Frequency
1910.80 905.10 3360.38 -1456.11 1985 - 2021 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-07 11:50 PM Apr ¥1321.8B ¥2650.1B ¥1500.6B ¥2000B
2021-07-07 11:50 PM May ¥1979.7B ¥1321.8B ¥1820.4B ¥1800B
2021-08-09 11:50 PM Jun ¥905.1B ¥1979.7B ¥779.8B ¥850B
2021-09-07 11:50 PM Jul ¥1910.8B ¥905.1B ¥2300B ¥2000B
2021-10-07 11:50 PM Aug ¥1910.8B
2021-11-09 11:50 PM Sep
2021-12-07 11:50 PM Oct


News Stream
Japan Current Account Surplus Below Estimates
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.
2021-09-08
Japan Current Account Surplus Beat Estimates
Japan's current account surplus increased sharply to JPY 905.1 billion in June 2021 from JPY 148.3 billion in the same month of the previous year and above market expectations of a surplus of JPY 779.8 billion. The primary income surplus rose to JPY 680.5 billion from JPY 467.2 billion a year earlier, while the goods account surplus shifted to a surplus of JPY 648.5 billion from a deficit of JPY 0.17 billion as exports jumped 47.7 percent while imports went up at a softer 33.8 percent. At the same time, the services account shortfall widened to JPY 346.4 billion from JPY 278.9 billion in the prior year. Also, the secondary income gap increased to JPY 77.6 billion from JPY 22.9 billion.
2021-08-10
Japan Current Account Surplus Beats Estimates
Japan's current account surplus soared to JPY 1,979.7 billion in May of 2021 from JPY 1,068.5 billion in the same month of the previous year and compared with market expectations of a surplus of JPY 1,820.4 billion. The primary income surplus rose to JPY 2,451.8 billion from JPY 2,064.2 billion a year earlier, while the goods account surplus shifted to a small surplus of JPY 0.002 billion from a deficit of JPY 512.5 billion as exports jumped 46.5 percent while imports went up at a softer 30.6 percent. At the same time, the services account shortfall narrowed to JPY 255.5 billion from JPY 271.1 billion in the prior year. Meanwhile, the secondary income gap increased slightly to JPY 218.7 billion from JPY 212.1 billion.
2021-07-08
Japan Current Account Surplus Surges in April
Japan's current account surplus soared to JPY 1,321.8 billion in April of 2021 from JPY 206.47 billion in the same month of the previous year and compared with market expectations of a surplus of JPY 1,500.6 billion. The primary income surplus rose to JPY 21,653 billion from JPY 20,277 billion a year earlier, while the goods account surplus shifted to a surplus of JPY 2,895 billion from a deficit of JPY 9,269 billion as exports jumped 38 percent while imports went up 21.2 percent. On the other hand, the services account shortfall widened to JPY 9,548 billion from JPY 7,878 billion in the prior year, and the secondary income gap increased to JPY 1,881 billion from JPY 1,066 billion.
2021-06-08

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).