According to the Ministry of Finance's preliminary balance of payments data for June 2026, the current account posted a ¥92.3 billion deficit, the first deficit in 17 months. The primary income surplus narrowed sharply, while the cumulative balance for January-June also reached one of the largest surpluses on record.
The current account posted a ¥92.3 billion deficit in June, the first deficit in 17 months. The primary income surplus narrowed sharply.
By component, the primary income balance posted a ¥380.1 billion surplus, but the surplus decreased by approximately ¥1.0064 trillion year on year as the deficit in securities investment income widened.
The trade balance swung to a ¥135.2 billion deficit, as imports increased more than exports, which also rose year on year. Exports were approximately ¥10.4801 trillion, while imports were approximately ¥10.6153 trillion.
The services deficit widened by ¥67.9 billion to ¥228.5 billion. The travel surplus narrowed as the number of foreign visitors to Japan declined.
The current account for the first half of 2026, announced at the same time, posted a ¥17.4292 trillion surplus, up 22.5% year on year. On a first-half basis, this was the largest surplus on record since 1985.