Japan's current account surplus decreased to JPY 1,018.7 billion in October 2021 from JPY 1,948.2 billion in the same month of the previous year and missing market expectations of a surplus of JPY 1,308 billion. The goods account surplus plunged to JPY 166.7 billion from JPY 950.3 billion a year earlier, as exports rose 11.7 percent while imports jumped 28.3 percent. Meanwhile, the services account shortfall widened to JPY 575.4 billion from JPY 363.9 billion. At the same time, the primary income surplus rose to JPY 1,780. 3 billion from JPY 1,590.0 billion in the prior year, while the secondary income gap narrowed to JPY 191.5 billion from JPY 234.2 billion. source: Ministry of Finance, Japan
Current Account in Japan averaged 1165.15 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 January of 2022.
Current Account in Japan is expected to be 1040.00 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.