Japan's current account surplus decreased sharply to JPY 897.3 billion in November 2021 from JPY 1,732.3 billion in the same month of the previous year and compared with market expectations of a surplus of JPY 585 billion. This was the smallest current account surplus since January, as the goods account surplus fell to JPY 431.3 billion from JPY 607.4 billion a year earlier with exports rising 23.3 percent and imports jumping 44.9 percent. At the same time, the services account shortfall widened to JPY 214.2 billion from JPY 164.6 billion. Meanwhile, the primary income surplus rose to JPY 1,790.7 billion from JPY 1,566.3 billion in the prior year, while the secondary income gap narrowed to JPY 248.0 billion from JPY 276.8 billion. source: Ministry of Finance, Japan
Current Account in Japan averaged 1164.55 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 1750.00 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.