Current account balance last year Increased number of tourists visiting Japan increased surplus for the first time in two years February 10 14:09
The “current account” for the past year, which shows how much Japan has earned through overseas trade and financial transactions, was a surplus of 20 trillion 59.7 billion yen, an increase for the first time in two years. Last year's Rugby World Cup Japan tournament attracted more foreign tourists, and the surplus of “Travel Balance” reached a record high, boosting the whole.
According to the Ministry of Finance, Japan's current account balance for the past year was 20 trillion 59.7 billion yen, an increase of 837.5 billion yen from the previous year, and the surplus increased for the first time in two years.
The largest surplus was the "primary income balance", which was the interest and dividend received from overseas by Japanese companies, which was a surplus of ¥ 20,072.2 billion.
In addition, the "travel balance", which shows the exchange of money received from foreign tourists visiting Japan and the money paid by Japanese travelers abroad, reached a record high of 2,635 billion yen, pushing the record higher. .
Despite the deterioration in Japan-Korea relations, the number of Korean tourists has dropped sharply since last summer, but the number of European and American tourists has increased due to the hosting of the Rugby World Cup in Japan.
On the other hand, the “trade balance”, which indicates the profit from the exchange of goods, was a surplus of 553.6 billion yen, but the surplus decreased by about 640 billion yen from the previous year.
The drop in exports of automotive parts and other products to China was affected by the trade friction between the United States and China.
At the same time, the current account announced last December was a surplus of 524 billion yen.