Current Account in Japan

Japan Current Account | Economic News & Forecasts

Japan - Current Account

The economy recovered vigorously in the second quarter following the contraction in the previous quarter. Private consumption benefited from summer bonuses and a tight labor market, which propelled wage growth, especially in May and June. Investment also posted significant gains in Q2, reflecting works related to the 2020 Tokyo Olympics and businesses trying to automatize processes in a context of labor shortages. On the flip side, the external sector weakened in Q2 amid growing global trade tensions. Early data for Q3 suggests solid domestic economic dynamics are supporting overall growth. In the political arena, Japan's ruling Liberal Democratic Party (LDP) will elect its new leader on 20 September. If incumbent Prime Minister Shinzo Abe wins the vote, it will pave the way for him to become Japan’s longest-serving leader.

Japan - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)0.9  0.8  3.1  3.9  4.0  

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Japan Current Account Chart

Japan Current Account
Note: Current account balance as % of GDP.
Source: Bank of Japan and Met the why particular calculations.

Japan Facts

Bond Yield0.12-4.41 %Sep 20
Exchange Rate112.5-0.35 %Sep 20
Stock Market23,6750.11 %Sep 20

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