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.