Japan’s current account surplus fell to JPY 728.8 billion in December 2025 from JPY 1,071.8 billion in the same month a year earlier, falling short of market forecasts of JPY 1,060 billion. The primary income surplus inched lower to JPY 1,189.4 billion from 1,248.9 billion while the secondary income deficit edged higher to JPY 255.4 billion from JPY 242.3 billion. At the same time, the services account shifted to a deficit of JPY 340.1 billion from a small surplus of JPY 0.11 billion. In contrast, the surplus of goods account surged to JPY 134.9 billion from JPY 0.54 billion in the previous year, as exports (4.5%) rose faster than imports (3.7%). source: Ministry of Finance, Japan

Japan recorded a Current Account surplus of 7288 JPY Billion in December of 2025. Current Account in Japan averaged 1290.78 JPY Billion from 1985 until 2025, reaching an all time high of 15374.00 JPY Billion in September of 2024 and a record low of -2001.40 JPY Billion in January of 2023. This page provides - Japan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Current Account - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Japan recorded a Current Account surplus of 7288 JPY Billion in December of 2025. Current Account in Japan is expected to be 3100.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Current Account is projected to trend around 1200.00 JPY Billion in 2027 and 1400.00 JPY Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-12 11:50 PM
Current Account
Nov ¥3674B ¥2834B ¥3594B ¥3300.0B
2026-02-08 11:50 PM
Current Account
Dec ¥7288B ¥3674B ¥1060B ¥1400.0B
2026-03-08 11:50 PM
Current Account
Jan ¥7288B


Related Last Previous Unit Reference
Balance of Trade 105.69 316.70 JPY Billion Dec 2025
Capital Flows 7219.00 40901.00 JPY Hundred Million Dec 2025
Current Account 7288.00 3674.10 JPY Billion Dec 2025
Exports 10411.51 9709.49 JPY Billion Dec 2025
Exports YoY 5.10 6.10 percent Dec 2025
External Debt 697213.00 676594.00 JPY Billion Sep 2025
Net Foreign Direct Investment 11098.00 22305.00 JPY Hundred Million Dec 2025
Imports 10305.81 9392.80 JPY Billion Dec 2025
Imports YoY 5.30 1.30 percent Dec 2025


Japan Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
7288.00 3674.10 15374.00 -2001.40 1985 - 2025 JPY Billion Monthly
Current Prices, NSA

News Stream
Japan Current Account Surplus Below Estimates
Japan’s current account surplus fell to JPY 728.8 billion in December 2025 from JPY 1,071.8 billion in the same month a year earlier, falling short of market forecasts of JPY 1,060 billion. The primary income surplus inched lower to JPY 1,189.4 billion from 1,248.9 billion while the secondary income deficit edged higher to JPY 255.4 billion from JPY 242.3 billion. At the same time, the services account shifted to a deficit of JPY 340.1 billion from a small surplus of JPY 0.11 billion. In contrast, the surplus of goods account surged to JPY 134.9 billion from JPY 0.54 billion in the previous year, as exports (4.5%) rose faster than imports (3.7%).
2026-02-09
Japan Current Account Surplus Above Estimates
Japan’s current account surplus increased to JPY 3,674.1 billion in November 2025 from JPY 3,338.9 billion in the same month a year earlier, topping market expectations of JPY 3,594 billion. The surplus of goods account surged to JPY 625.3 billion from JPY 119.1 billion in the previous year, as exports rose 5.1% while imports fell 0.5%. Also, the primary income surplus inched higher to JPY 3,380.9 billion from 3,374.5 billion. At the same time, the secondary income deficit narrowed to JPY 288.0 billion from JPY 422.4 billion. However, the services account shifted to a small deficit of JPY 0.44 billion from a surplus of JPY 267.7 billion.
2026-01-13
Japan Current Account Surplus Below Forecasts
Japan’s current account surplus increased to JPY 2,833.5 billion in October 2025 from JPY 2,453.8 billion in the same month a year earlier, but below market expectations of JPY 3,109.5 billion. The goods account shifted to a surplus of JPY 0.98 billion from a shortfall of JPY 152.7 billion in the previous year, as exports rose 2.8% while imports edged up 0.1%. Also, the primary income surplus widened to JPY 3,464.6 billion from 3,190.0 billion. At the same time, the secondary income deficit narrowed to JPY 434.8 billion from 496.8 billion. However, the services account deficit widened sharply to JPY 294.6 billion from JPY 0.87 billion.
2025-12-08