Japan's current account shifted to a deficit of JPY 132.4 billion in June 2022 from a surplus of JPY 739.6 billion in the same month of the previous year and compared with market expectations of a gap of JPY 703.8 billion. This was the first current account gap since January, with the goods account reversing to a shortfall of JPY 1,114 billion from a surplus of JPY 633.6 billion as exports rose by 20.4 percent while imports jumped 49.2 percent. Meanwhile, the primary income surplus widened to JPY 1,220 billion from JPY 522.5 billion in the prior year; and the secondary income posted a surplus of JPY 0.16 billion, a reversal from a shortfall of JPY 0.79 billion the year before. At the same time, the services account shortfall narrowed to JPY 254.5 billion from JPY 337.6 billion. source: Ministry of Finance, Japan
Current Account in Japan averaged 1187.21 JPY Billion from 1985 until 2022, reaching an all time high of 17323 JPY Billion in November of 2020 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 2022.
Current Account in Japan is expected to be 2300.00 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.