Japan Current Account

Last Release

Oct 31, 2024

Actual

2,456.9

Units In

JPY Billion

1,717

Frequency

Monthly

Next Release

Jan 10, 2025

Time to Release

1 Months 1 Days 0 Hours

Highest	Lowest	Average	Date Range	Source
17,323 Nov 2020	-1,976.6 Jan 2023	1,217.88 JPY Billion	1985-2024	N/A

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).

Latest Updates

Japan’s current account surplus decreased to JPY 2,456.9 billion in October 2024 from JPY 2,823.9 billion in the same month a year earlier. Still, figures were higher than market estimates for a gain of JPY 2,318 billion, marking the 21st successive month of surplus in the current account. The primary income surplus narrowed to JPY 3,254.1 billion from JPY 3,198.1 billion in the previous year. Meanwhile, the secondary income deficit widened to JPY 482.5 billion from JPY 336.2 billion. Concurrently, the services account shifted to a shortfall of JPY 159.0 billion from the surplus of JPY 449.4 billion. In the meantime, the goods account deficit sharply dropped to JPY 155.7 billion from JPY 487.4 billion, as exports grew by 2.9 while imports fell by 0.7%.