Current Account in Japan

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

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

The economy returned to growth in the fourth quarter following a short-lived contraction in Q3 when a series of natural disasters disrupted business and consumer activities. Domestic demand drove Q4’s recovery, while external demand remained relatively weak despite rebounding. Available data for this year suggests that growth momentum remains frail. Global trade uncertainty, the economic slowdown in China and a downturn in the global tech cycle are weighing on the external sector. This, in turn, hurt manufacturing activities, as reflected by the manufacturing PMI which hit a nearly three-year low in February. Moreover, the lack of progress made in Prime Minister Shinzo Abe’s strategy to boost wages is gradually eroding consumer confidence, keeping private consumption subdued.

Japan - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)45.8  37.1  136  194  195  

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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

Bond Yield-0.04-4.41 %Mar 20
Exchange Rate110.7-0.35 %Mar 20
Stock Market21,6090.40 %Mar 20

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