Current Account in Japan

Japan Current Account | Economic News & Forecasts

Japan - Current Account

Available data points to a softening of growth momentum in the third quarter, after the economy rebounded in Q2 on the back of a surge in fixed investment. Although strong corporate earnings likely continued to buttress investment growth, business confidence—though still positive—deteriorated for the third consecutive quarter in Q3. Moreover, the average manufacturing PMI reading over Q3 worsened compared to Q2. Aside from confirming weaker business confidence, the September PMI also indicated deteriorating foreign demand conditions, with export orders sliding in the month. The external sector’s contribution to growth in the quarter was likely subdued, as higher oil prices weighed on the trade balance—which posted a deficit in July and August. Finally, private consumption was likely feeble in Q3 as wage growth remained subdued as of August.

Japan - Current Account Data

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

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


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 Yield0.11-4.41 %Nov 13
Exchange Rate113.8-0.35 %Nov 13
Stock Market21,8110.11 %Nov 13

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form