Story perspectives

Japan Hits Record ¥29.26 Trillion Current Account Surplus

2/10/2025

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Summary

Story summary

Japan achieved a record current account surplus of ¥29.26 trillion ($193 billion) in 2024, a 29.5% increase.
The primary income account surplus grew by 11.3% to ¥40.21 trillion, driven by higher dividend and interest receipts.
The goods trade deficit improved to ¥3.9 trillion, with exports up 4.5% and imports up 1.8%.
The services sector deficit shrank, with travel services surplus reaching a record ¥5.9 trillion.
December's surplus rose by 17.8%, marking the 23rd consecutive month of surplus.

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Story summary

Japan achieved a record current account surplus of ¥29.26 trillion ($193 billion) in 2024, a 29.5% increase.
The primary income account surplus grew by 11.3% to ¥40.21 trillion, driven by higher dividend and interest receipts.
The goods trade deficit improved to ¥3.9 trillion, with exports up 4.5% and imports up 1.8%.
The services sector deficit shrank, with travel services surplus reaching a record ¥5.9 trillion.
December's surplus rose by 17.8%, marking the 23rd consecutive month of surplus.