Japan's current account surplus shortened modestly to JPY 2103 billion in August 2020 from JPY 2135 billion in the same month of the previous year and compared to market expectations of JPY 1984 billion, owing to the coronavirus pandemic. The goods account posted a JPY 413.2 billion surplus from a JPY 30.4 billion surplus last year, with exports falling 8.8 percent and imports plunging 12.5 percent. Meanwhile, the services account gap widened to a JPY 316.6 billion deficit from a JPY 1.5 billion shortfall a year ago, while the primary income surplus dropped to JPY 2248.7 billion from JPY 2291.6 billion, whereas the secondary income gap widened to JPY 242.5 billion from JPY 185.5 billion.

Current Account in Japan averaged 1151.38 JPY Billion from 1985 until 2020, 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 October of 2020. source: Ministry of Finance, Japan

Current Account in Japan is expected to be 510.00 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 1600.00 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.

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Japan Current Account

Actual Previous Highest Lowest Dates Unit Frequency
2102.76 1468.34 3360.38 -1456.11 1985 - 2020 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-07 11:50 PM May ¥1176.8B ¥262.7B ¥1088.2B ¥1000B
2020-08-10 11:50 PM Jun ¥167.5B ¥1176.8B ¥110B ¥90B
2020-09-07 11:50 PM Jul ¥1468.3B ¥167.5 ¥1868.6B ¥1830B
2020-10-07 11:50 PM Aug ¥2102.8B ¥1468.3B ¥1983.7B ¥1990B
2020-11-09 11:50 PM Sep ¥2102.8B ¥750B
2020-12-07 11:50 PM Oct ¥940B
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Japan Current Account Surplus Narrows
Japan's current account surplus shortened modestly to JPY 2103 billion in August 2020 from JPY 2135 billion in the same month of the previous year and compared to market expectations of JPY 1984 billion. The goods account posted a JPY 413.2 billion surplus from a JPY 30.4 billion surplus last year, with exports falling 8.8 percent and imports plunging 12.5 percent. Meanwhile, the services account gap widened to a JPY 316.6 billion deficit from a JPY 1.5 billion shortfall a year ago, while the primary income surplus dropped to JPY 2248.7 billion from JPY 2291.6 billion, whereas the secondary income gap widened to JPY 242.5 billion from JPY 185.5 billion.
2020-10-07
Japan Current Account Surplus Narrows
Japan's current account surplus narrowed to JPY 1468.3 billion in July 2020 from JPY 2023.3 billion in the same month of the previous year and compared to market expectations of JPY 1868 billion, owing to the coronavirus pandemic. The goods account posted a JPY 137.3 billion surplus from a JPY 82.7 billion shortfall last year, with exports falling 19.6 percent and imports plunging 22.6 percent. In addition, the services account gap widened to a JPY 349.5 billion deficit from a JPY 189.1 billion shortfall a year ago, the primary income surplus dropped to JPY 1782.7 billion from JPY 2380.2 billion, whereas the secondary income gap widened to JPY 102.1 billion from JPY 85.1 billion.
2020-09-08
Japan Posts Smallest Current Account Surplus in 5 Years
Japan's current account surplus narrowed to JPY 167.5 billion in June 2020, the smallest since January 2015 and compared to market expectations of JPY 110 billion, mainly due to a slump in exports amid the coronavirus pandemic. The goods account posted a JPY 77.3 billion shortfall from a JPY 755.5 billion surplus last year, with exports falling 25.7 percent and imports dropping at a softer 14.4 percent. In addition, the services account switched to a JPY 157.7 billion gap from a JPY 71.7 billion surplus a year ago, the primary income surplus dropped to JPY 426.4 billion from JPY 452.9 billion, whereas the secondary income gap narrowed to JPY 23.8 billion from JPY 26.9 billion.
2020-08-11
Japan Current Account Surplus Narrows
Japan's current account surplus narrowed to JPY 1176.8 billion in May of 2020 from JPY 1631.1 billion in the same month the previous year and compared to market expectations of JPY 1088 billion. The services account switched to a JPY 92.5 billion gap from JPY 152.5 billion surplus a year ago while the goods shortfall narrowed to JPY 556.8 billion from JPY 679.8 billion. In addition, the primary income surplus dropped to JPY 2043.4 billion from JPY 2292.3 billion, whereas the secondary income gap widened to JPY 217.3 billion from JPY 133.8 billion.
2020-07-08

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).