Balance of Payments: Total Net Current Account for Japan
JPNBCABP6USD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
228,629,430,484.80
Year-over-Year Change
15.51%
Date Range
1/1/2016 - 1/1/2024
Summary
The Balance of Payments: Total Net Current Account for Japan measures Japan's overall trade and financial transactions with the rest of the world. It's a key economic indicator used to assess Japan's external economic position and competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The total net current account balance captures Japan's net trade in goods, services, income, and current transfers. It's a comprehensive measure of Japan's international economic activities and a crucial factor in analyzing the country's economic policies and exchange rate dynamics.
Methodology
The data is collected and calculated by Japan's Ministry of Finance based on international standards set by the International Monetary Fund.
Historical Context
Policymakers and analysts monitor Japan's current account balance to gauge the country's external imbalances and competitiveness in global markets.
Key Facts
- Japan has run a current account surplus for decades.
- The current account is a key factor in the value of the Japanese yen.
- Japan's current account surplus has declined in recent years.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Total Net Current Account for Japan measures the country's overall trade and financial transactions with the rest of the world.
Q: Why is this trend relevant for users or analysts?
A: The current account balance is a crucial indicator of Japan's external economic position and competitiveness, making it important for policymakers and analysts monitoring the country's economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Japan's Ministry of Finance based on international standards set by the International Monetary Fund.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor Japan's current account balance to gauge the country's external imbalances and competitiveness in global markets, which informs economic policies and exchange rate dynamics.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, providing timely information on Japan's external economic position.
Related Trends
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NXSAXDCJPQ
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Japan
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Business Tendency Surveys: Selling Prices: Economic Activity: Manufacturing: Future Tendency for Japan
BSSPFT02JPQ460S
Production: Industry: Total Industry Excluding Construction for Japan
JPNPRINTO01GPSAM
Financial System Deposits to GDP for Japan
DDDI08JPA156NWDB
Infra-Annual Labor Statistics: Inactivity Rate Male: From 25 to 54 Years for Japan
LRIN25MAJPA156S
Citation
U.S. Federal Reserve, Balance of Payments: Total Net Current Account for Japan (JPNBCABP6USD), retrieved from FRED.