Japan's travel surplus in May decreased by 91.7% compared to the same period of last year July 10 at 10:45
Since the number of foreign tourists visiting Japan has decreased significantly due to the impact of the new coronavirus, Japan's travel balance in May remained at a surplus of 22.4 billion yen, and the surplus amount was 91.7% compared to the same month last year. Has decreased significantly.
According to the balance of payments statistics released by the Ministry of Finance, the amount of money used by foreign travelers for accommodation and shopping in Japan minus the amount used by Japanese travelers abroad It was a surplus of 22.4 billion yen.
Compared to the same month last year, the surplus decreased by 247.7 billion yen, or 91.7%, for the fourth consecutive month.
This is because the number of foreign tourists who visited Japan in May, which was 99.9% less than the same month last year, was only 1700, according to an estimate by the Japan Tourism Board, and domestic consumption dropped sharply.
In addition, the primary income balance, which shows the income earned by Japanese companies from overseas subsidiaries, such as dividends and interest, was a surplus of 2,043.4 billion yen.
The surplus decreased by 248.9 billion yen compared to the same month last year, due to the fact that dividends were postponed due to the deterioration of business results of overseas subsidiaries.
As a result, it shows how much Japan has earned through foreign trade and financial transactions.The current account balance in May was a surplus of 1,176.8 billion yen, and the surplus amount was 454.3 billion yen, a ratio of 27.9%. It has decreased.