N@N

Japan runs record current account surplus in 2024 on foreign investment returns

Japan recorded a record current account surplus of 25.34 trillion yen ($170 billion) in 2024, driven by significant returns on foreign investments, according to the Finance Ministry data released on February 10, 2025. This surplus was bolstered by a 10.2% increase in primary income, which includes returns from foreign investments, amounting to 39.8 trillion yen. Despite a trade deficit of 3.5 trillion yen, the overall balance was positive due to the robust performance of overseas investments. The data also highlighted a 12.4% rise in direct investments abroad, reaching 23.5 trillion yen, and a 10.3% increase in portfolio investments to 16.3 trillion yen. However, the trade balance was negatively impacted by a 1.3% drop in exports to 100.7 trillion yen and a 1.7% decrease in imports to 104.2 trillion yen.

Read the Full Reuters Article at:
[ https://www.reuters.com/markets/asia/japan-runs-record-current-account-surplus-2024-foreign-investment-returns-2025-02-10/ ]