The current Account surplus in Japan decreased to 3.20 percent of GDP in 2020 from 3.60 percent in 2019. source: OECD

Current Account to GDP in Japan averaged 2.59 percent from 1980 until 2020, reaching an all time high of 4.70 percent in 2007 and a record low of -1 percent in 1980. This page provides - Japan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Current Account to GDP - values, historical data and charts - was last updated on June of 2021.

Current Account to GDP in Japan is expected to reach 3.20 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Current Account to GDP is projected to trend around 3.00 percent in 2022, according to our econometric models.

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Japan Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
3.20 3.60 4.70 -1.00 1980 - 2020 percent of GDP Yearly

Japan Trade Last Previous Highest Lowest Unit
Balance of Trade 255.30 662.20 1608.68 -2795.12 JPY Billion [+]
Current Account 1321.80 2650.10 3360.38 -1456.11 JPY Billion [+]
Current Account to GDP 3.20 3.60 4.70 -1.00 percent of GDP [+]
Imports 6925.79 6714.40 8047.03 162.06 JPY Billion [+]
Exports 7181.11 7378.12 7681.69 105.08 JPY Billion [+]
External Debt 518941.00 495234.00 518941.00 141743.00 JPY Billion [+]
Terms of Trade 98.70 99.80 276.10 83.10 points [+]
Foreign Direct Investment 23444.09 15056.03 70685.73 -17769.51 JPY HML [+]
Capital Flows -2394.00 22769.00 51996.00 -26928.00 JPY HML [+]
Tourism Revenues 242000.00 276000.00 29067000.00 39000.00 JPY Thousand [+]
Tourist Arrivals 10900.00 12300.00 2991189.00 1700.00 [+]
Gold Reserves 845.97 765.22 845.97 753.55 Tonnes [+]
Terrorism Index 2.01 2.29 3.60 0.00 [+]
Crude Oil Production 4.00 4.00 13.00 3.00 BBL/D/1K [+]
Weapons Sales 3.00 2.00 167.00 1.00 SIPRI TIV Million [+]


Japan Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.