Japan's current account surplus soared to JPY 1,979.7 billion in May of 2021 from JPY 1,068.5 billion in the same month of the previous year and compared with market expectations of a surplus of JPY 1,820.4 billion. The primary income surplus rose to JPY 2,451.8 billion from JPY 2,064.2 billion a year earlier, while the goods account surplus shifted to a small surplus of JPY 0.002 billion from a deficit of JPY 512.5 billion as exports jumped 46.5 percent while imports went up at a softer 30.6 percent. At the same time, the services account shortfall narrowed to JPY 255.5 billion from JPY 271.1 billion in the prior year. Meanwhile, the secondary income gap increased slightly to JPY 218.7 billion from JPY 212.1 billion. source: Ministry of Finance, Japan

Current Account in Japan averaged 1163.91 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 August of 2021.

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. Looking forward, we estimate Current Account in Japan to stand at 600.00 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.

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Japan Current Account

Actual Previous Highest Lowest Dates Unit Frequency
1979.70 1321.80 3360.38 -1456.11 1985 - 2021 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-07 11:50 PM Feb ¥2916.9B ¥644.4B ¥1966B ¥1900B
2021-05-12 11:50 PM Mar ¥2650.1B ¥2916.9B ¥2796.2B ¥3110B
2021-06-07 11:50 PM Apr ¥1321.8B ¥2650.1B ¥1500.6B ¥2000B
2021-07-07 11:50 PM May ¥1979.7B ¥1321.8B ¥1820.4B ¥1800B
2021-08-09 11:50 PM Jun ¥1979.7B ¥2100B
2021-09-07 11:50 PM Jul
2021-10-07 11:50 PM Aug
2021-11-09 11:50 PM Sep


News Stream
Japan Current Account Surplus Beats Estimates
Japan's current account surplus soared to JPY 1,979.7 billion in May of 2021 from JPY 1,068.5 billion in the same month of the previous year and compared with market expectations of a surplus of JPY 1,820.4 billion. The primary income surplus rose to JPY 2,451.8 billion from JPY 2,064.2 billion a year earlier, while the goods account surplus shifted to a small surplus of JPY 0.002 billion from a deficit of JPY 512.5 billion as exports jumped 46.5 percent while imports went up at a softer 30.6 percent. At the same time, the services account shortfall narrowed to JPY 255.5 billion from JPY 271.1 billion in the prior year. Meanwhile, the secondary income gap increased slightly to JPY 218.7 billion from JPY 212.1 billion.
2021-07-08
Japan Current Account Surplus Surges in April
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.
2021-06-08
Japan Current Account Surplus Widens in March
Japan's current account surplus widened to JPY 2,650 billion in March of 2021 from JPY 1,929 billion in the same month of the previous year and compared to market expectations of a surplus of JPY 2,800 billion. The goods account surplus climbed to JPY 9,831 brillion from JPY 1,326 billion a year earlier, with exports surging 16.6 percent while imports rising 3.1 percent. In addition, the services account shortfall narrowed sharply to JPY 471 billion from JPY 1,111 billion. Meantime, the primary income surplus fell slightly to JPY 20,452 billion from JPY 2,1811 billion a year earlier, while the secondary income gap widened to JPY 3,311 billion from JPY 2,727 billion.
2021-05-13
Japan Current Account Surplus Narrows
Japan's current account surplus narrowed to JPY 2916.9 billion in February of 2021 from JPY 3060.5 billion in the same month of the previous year and compared to market expectations of a JPY 1966 billion surplus. The goods account surplus narrowed sharply to JPY 524.2 billion from JPY 1363.5 billion a year earlier, with exports falling 4.0 percent and imports rising 11.8 percent. Also, the secondary income gap widened to JPY 162.7 billion from JPY 137.1 billion. Meanwhile, the services account shortfall decreased to JPY 75.7 billion from JPY 269.9 billion, and the primary income surplus rose to JPY 2631.1 billion from JPY 2104 billion.
2021-04-08

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).