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 billion 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. source: Ministry of Finance, Japan

Current Account in Japan averaged 1161.67 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 May of 2021.

Current Account in Japan is expected to be 1250.00 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 750.00 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
2650.10 2916.90 3360.38 -1456.11 1985 - 2021 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-07 11:50 PM Dec ¥1165.6B ¥1878.4B ¥1040B ¥1110B
2021-03-07 11:50 PM Jan ¥646.8B ¥1165.6B ¥1229.6B ¥1200B
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 ¥2650.1B
2021-07-07 11:50 PM May
2021-08-10 11:50 PM Jun
2021-09-07 11:50 PM Jul


News Stream
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 Surplus Smaller than Expected
Japan's current account surplus stood at JPY 0.65 trillion in January 2021, little-changed from JPY 0.66 trillion in the same month of the previous year and well below market expectations of JPY 1.23 trillion. The primary income surplus decreased to JPY 1.47 trillion from JPY 1.88 trillion a year earlier, while secondary income deficit widened to JPY 0.21 trillion from JPY 0.09 trillion and the services gap increased to JPY 0.48 trillion from JPY 0.14 trillion. Meantime, the goods deficit narrowed to JPY 0.13 trillion from JPY 0.99 trillion in the prior year.
2021-03-07
Japan Current Account Surplus Widens
Japan's current account surplus widened to JPY 1,166 billion in December of 2020 from JPY 545 billion in the same month of the previous year and compared to market expectations of JPY 1040 billion. The goods & services account surplus increased to JPY 622 billion from JPY 127 billion and the primary income surplus rose JPY 649 billion from JPY 442 billion. On the other hand, the secondary account deficit widened to JPY 105 billion from JPY 24 billion a year ago. For 2020, Japan recorded a current account surplus of JPY 17,698 billion, down 14% from the previous year's JPY 20,526 billion surplus.
2021-02-08

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).