Economic Buzz: Japan records highest-ever current account surplus for third straight year

Japan posted a record current account surplus of 34.52 trillion yen ($219 billion) in fiscal 2025 ending March, marking the third consecutive year of record highs, according to preliminary government data released Wednesday.

The surplus increased 15% from the previous year, supported by stronger returns from overseas investments due to the weak yen and a recovery in the country?s goods trade balance.

Japan?s primary income, which tracks earnings from foreign investments, rose 2.1% to 42.28 trillion yen.

The goods trade balance also returned to surplus, recording 1.36 trillion yen compared with a 3.03 trillion yen deficit a year earlier. Exports grew 3.3% to 111.35 trillion yen, while imports fell 0.8% to 109.98 trillion yen.

In March alone, Japan recorded a current account surplus of 4.68 trillion yen, up 29.1% from the same month last year.

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