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Current Account

The Japanese current account figure measures the balance of exports minus import of goods, plus net income from abroad and net transfer payments. All else equal a positive account indicates a nation that is a net lender to the worldwide economy whereas on the opposite scenario indicates that the nation is a net borrower. The current account figure is published every month by the Japanese Ministry of Finance.

 Japanese current account

In May 2017, the Japanese current account surplus declined to 1.65 JPY trillion versus 1.8 JPY trillion in the same month one year ago. In addition, the current figure missed the consensus estimate of 1.8 JPY trillion. The current account hit a historical high of 3.36 JPY trillion in March 2007 and a historical low of -1.46 JPY trillion in January 2014.