Current Account in Japan

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

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

The economy will likely contract for the third consecutive quarter in Q2 due to the coronavirus crisis and the declaration of a national state of emergency on 16 April, which gave power to prefecture governors to request people to stay at home. Although the private-sector PMI reading increased slightly in May, it still remained close to April’s reading, which was the lowest recorded since current data started being collected over a decade ago. To help businesses and consumers cope, the government rolled out stimulus worth roughly 20% of GDP in April, which subsumed previously announced stimulus and included subsidies for businesses to help them retain employees. On 27 May, the cabinet approved additional stimulus which doubled the amount previously provided, bringing the total to 40% of GDP. In the same month, Prime Minister Shinzo Abe ended the national state of emergency.

Japan - Current Account (USD bn) Data

2015   2016   2017   2018   2019  
Current Account Balance (USD bn)136  197  203  177  184  

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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

Value Change Date
Bond Yield-0.02-4.41 %Dec 30
Exchange Rate108.7-0.35 %Jan 01

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