Current Account in Japan

Japan Current Account (USD bn) | Economic News & Forecasts

Japan - Current Account (billions of U.S. Dollars)

Following a slowdown in private non-residential investment, growth in the second quarter was revised down to 2.5% in seasonally-adjusted annualized terms, significantly below the 4.0% figure reported in a preliminary estimate. Despite this revision, the print marked the fastest expansion since Q1 2015 and puts the economy on a steady track to recovery. The latest data suggests that healthy growth is being sustained in the third quarter. Machinery orders rebounded in July, and exports had the fastest pace of expansion in almost four years in August. Strong economic momentum and a splintered opposition compelled Prime Minister Shinzo Abe to hold snap elections on 22 October in a bid to consolidate his grip on power. Unlike in previous elections, the prime minister is not expected to postpone an unpopular 10% sales tax hike projected in 2019 to lower astronomical public debt, despite the adverse effects it could have on private consumption and economic growth.

Japan - Current Account (USD bn) Data

2012  2013  2014  2015  2016  
Current Account Balance (USD bn)59.6  45.8  37.1  134  187  

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Japan Current Account (USD bn) Chart


Japan Current Account
Note: Current account balance as % of GDP.
Source: Bank of Japan and FocusEconomics calculations.

Japan Facts

ValueChangeDate
Bond Yield0.07-4.41 %Oct 19
Exchange Rate112.6-0.35 %Oct 19
Stock Market21,4490.40 %Oct 19

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