Current Account in Japan

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

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

The economy likely rebounded in the fourth quarter following the third quarter’s dismal performance when a series of natural disasters severely disrupted economic activity. Industrial production was much stronger in October and November than the Q3 average, mainly due to solid domestic demand. Moreover, the unemployment rate likely remained at low levels in Q4, supporting private consumption. Looking forward, however, economic activity appears to be losing steam. The manufacturing PMI stalled in January, with new export orders dipping further as external demand started to falter. Moreover, Keidanren, Japan’s largest business organization, has not called for wage hikes this year as it did in 2018. This could compromise Prime Minister Shinzo Abe’s strategy of pinning hopes on strong consumption in order to ensure Japan doesn’t reexperience deflation.

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 Met the why particular calculations.

Japan Facts

Bond Yield0.01-4.41 %Jan 30
Exchange Rate119.0-0.35 %Jan 30
Stock Market20,5570.11 %Jan 30

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