Japan’s current account surplus decreased to JPY 1,648.3 billion in February 2022 from JPY 2,866.0 billion in the same month of the previous year and compared with market consensus of a surplus of JPY 1,436.8 billion. The surplus of primary income fell to JPY 2,274.5 billion from JPY 2,553.0 billion a year earlier. At the same time, the gap of services account widened to JPY 203.5 billion from JPY 0.432 billion and that of secondary income increased to JPY 245.9 billion from JPY 166.4 billion in the previous year. Meanwhile, the shortfall of goods account narrowed to JPY 176.8 billion from JPY 522.6 billion a year earlier, with exports growing by 19.8 percent while imports jumped 34.2 percent on the back of soaring prices of commodities and raw materials. source: Ministry of Finance, Japan
Current Account in Japan averaged 1191.14 JPY Billion from 1985 until 2022, reaching an all time high of 17323 JPY Billion in November of 2020 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 April of 2022.
Current Account in Japan is expected to be 1600.00 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 1750.00 JPY Billion in 2023, according to our econometric models.
