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. source: Ministry of Finance, Japan
Current Account in Japan averaged 1162.04 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 June of 2021.
Current Account in Japan is expected to be 1250.00 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 750.00 in 12 months time. In the long-term, the Japan Current Account is projected to trend around 650.00 JPY Billion in 2022, according to our econometric models.