Japan's current account surplus narrowed to JPY 1.97 trillion in March 2020 from JPY 2.90 trillion in the same month the previous year and compared to market expectations of JPY 2.21 trillion. The primary income surplus decreased to JPY 2.06 trillion from JPY 2.15 trillion a year earlier, while the goods surplus narrowed sharply to JPY 0.10 trillion from JPY 0.70 trillion. Meanwhile, the services account surplus declined to JPY 0.07 trillion from JPY 0.32 trillion, whereas the secondary income deficit was unchanged at JPY 0.26 trillion.

Current Account in Japan averaged 1153.49 JPY Billion from 1985 until 2020, 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. 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 June of 2020. source: Ministry of Finance, Japan

Current Account in Japan is expected to be 890.00 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 2250.00 in 12 months time. In the long-term, the Japan Current Account is projected to trend around 440.00 JPY Billion in 2021 and 650.00 JPY Billion in 2022, according to our econometric models.

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Japan Current Account

Actual Previous Highest Lowest Dates Unit Frequency
1971.04 3168.77 3360.40 -1456.11 1985 - 2020 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-09 11:50 PM Dec ¥524B ¥1436.8B ¥417B ¥380B
2020-03-08 11:50 PM Jan ¥612B ¥524B ¥626.1B ¥520B
2020-04-07 11:50 PM Feb ¥3168.8B ¥612.3B ¥3061.9B ¥2910B
2020-05-12 11:50 PM Mar ¥1917.0B ¥3168.8B ¥2210.6B ¥2080B
2020-06-07 11:50 PM Apr ¥1917.0B ¥1040B
2020-07-07 11:50 PM May ¥990B
2020-08-10 11:50 PM Jun ¥890B
2020-09-07 11:50 PM Jul ¥1030B


News Stream
Japan Current Account Surplus Narrows in March
Japan's current account surplus narrowed to JPY 1.97 trillion in March 2020 from JPY 2.90 trillion in the same month the previous year and compared to market expectations of JPY 2.21 trillion. The primary income surplus decreased to JPY 2.06 trillion from JPY 2.15 trillion a year earlier, while the goods surplus narrowed sharply to JPY 0.10 trillion from JPY 0.70 trillion. Meanwhile, the services account surplus declined to JPY 0.07 trillion from JPY 0.32 trillion, whereas the secondary income deficit was unchanged at JPY 0.26 trillion.
2020-05-13
Japan Current Account Surplus Beats Expectations
Japan's current account surplus widened to JPY 3.17 trillion in February 2020 from JPY 2.61 trillion in the same month the previous year and compared to market expectations of JPY 3.06 trillion. The primary income surplus increased slightly to JPY 2.08 trillion from JPY 2.04 trillion a year earlier, while the goods surplus rose sharply to JPY 1.37 trillion from JPY 0.49 trillion. In contrast, the services account switched to a JPY 0.14 trillion deficit from a JPY 0.16 trillion surplus, whereas the secondary income deficit went up to JPY 0.14 trillion from JPY 0.07 trillion.
2020-04-08
Japan Current Account Surplus Widens in January
Japan's current account surplus widened to JPY 0.61 trillion in January 2020 from JPY 0.57 trillion in the same month the previous year and compared to market expectations of JPY 0.63 trillion. The primary income surplus increased to JPY 1.85 trillion from JPY 1.76 trillion a year earlier, while the goods deficit rose to JPY 0.99 trillion from JPY 0.97 trillion. In addition, the services gap increased to JPY 0.16 trillion from JPY 0.15 trillion and the secondary income deficit went up to JPY 0.09 trillion from JPY 0.07 trillion.
2020-03-09
Japan Current Account Surplus Above Estimates
Japan's current account surplus widened to JPY 524 billion in December 2019 from JPY 464 brillion in the same month the previous year and above market expectations of JPY 417 billion. The services account swung to a surplus of 0.245 billion from a deficit of JPY 108.1 billion in the prior year; and the secondary income deficit narrowed to JPY 0.213 billion from JPY 0.544 billion. Meanwhile, the goods surplus fell to JPY 120.7 billion from JPY 218 billion and the primary income surplus decreased to JPY 400.1 billion from JPY 408.8 billion. Considering full 2019, the country's current account recorded a JPY 20.06 trillion surplus.
2020-02-10

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).