Japan's current account surplus decreased to 501.1 billion yen in April 2022, down 628 billion yen from the same month a year earlier, as record imports overwhelmed exports. It was the third straight month of a surplus and broadly in line with market estimates for a surplus of 511 billion yen. Surging energy prices pushed up overall imports by 32.8% year-on-year to a record amount, outpacing export growth led by steel and car shipments. The current account data underscored the change in Japan's economic structure as the country earns hefty returns from its portfolio investment and direct investment overseas, which have replaced trade as a main driver of its current account gains. source: Ministry of Finance, Japan
Current Account in Japan averaged 1192.52 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 July of 2022.
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. In the long-term, the Japan Current Account is projected to trend around 1750.00 JPY Billion in 2023, according to our econometric models.