Economic Outlook No 114 — Balance of primary income in Japan

Japan: Economic Outlook No 114 — Balance of primary income was 36.73 trillion in 2025. ◆ Volatile

Latest (2025)
36.73 trillion
Change on year
unchanged
World rank
1st
of 35 countries
All-time high
36.73 trillion
in 2024
All-time low
-96.53 billion
in 1974
Years of data
58
1968–2025

Economic Outlook No 114 — Balance of primary income in Japan, 1968–2025

010.0T20.0T30.0T40.0T196819962025

Source: Organisation for Economic Co-operation and Development.

Analysis

Japan recorded 36.73 trillion for economic outlook no 114 — balance of primary income in 2025. That is the highest value across all 58 years on record.

The figure is up 71.8% over ten years.

Over the whole period, economic outlook no 114 — balance of primary income in Japan peaked at 36.73 trillion in 2024 and was at its lowest, -96.53 billion, in 1974.

That places Japan 1st out of 35 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Economic Outlook No 114 — Balance of primary income in Japan, year by year

Annual values for Economic Outlook No 114 — Balance of primary income (balance of payments basis) in Japan, 1968 to 2025.
Year Value Change
1968 -85.47 billion
1969 -94.94 billion +11.1%
1970 -64.78 billion -31.8%
1971 -5.58 billion -91.4%
1972 128.30 billion -2398.9%
1973 155.41 billion +21.1%
1974 -96.53 billion -162.1%
1975 -42.82 billion -55.6%
1976 -24.60 billion -42.6%
1977 62.89 billion -355.7%
1978 217.71 billion +246.2%
1979 493.19 billion +126.5%
1980 276.31 billion -44.0%
1981 -48.17 billion -117.4%
1982 583.45 billion -1311.1%
1983 844.78 billion +44.8%
1984 1.14 trillion +35.0%
1985 1.76 trillion +54.0%
1986 1.73 trillion -1.3%
1987 2.57 trillion +48.6%
1988 2.97 trillion +15.5%
1989 3.73 trillion +25.7%
1990 3.87 trillion +3.6%
1991 4.06 trillion +5.0%
1992 5.06 trillion +24.5%
1993 4.94 trillion -2.2%
1994 4.65 trillion -5.8%
1995 4.84 trillion +4.0%
1996 6.14 trillion +26.8%
1997 6.82 trillion +11.0%
1998 6.53 trillion -4.2%
1999 6.46 trillion -1.1%
2000 7.73 trillion +19.7%
2001 8.16 trillion +5.5%
2002 7.80 trillion -4.4%
2003 8.67 trillion +11.3%
2004 10.40 trillion +19.9%
2005 12.04 trillion +15.7%
2006 14.36 trillion +19.3%
2007 16.36 trillion +14.0%
2008 14.35 trillion -12.3%
2009 12.64 trillion -11.9%
2010 13.69 trillion +8.4%
2011 14.72 trillion +7.5%
2012 13.95 trillion -5.2%
2013 17.68 trillion +26.7%
2014 19.55 trillion +10.6%
2015 21.39 trillion +9.4%
2016 19.06 trillion -10.9%
2017 20.92 trillion +9.8%
2018 21.19 trillion +1.3%
2019 21.42 trillion +1.1%
2020 19.54 trillion -8.7%
2021 26.28 trillion +34.5%
2022 34.29 trillion +30.5%
2023 35.58 trillion +3.8%
2024 36.73 trillion +3.2%
2025 36.73 trillion +0.0%

Japan compared with similar countries

  • Japan's 36.73 trillion is above the median for high income countries, which is -4.45 billion. (29 countries reporting)

Biggest year-on-year movements

Years where Economic Outlook No 114 — Balance of primary income in Japan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1972 +2398.9% -5.58 billion 128.30 billion
1982 +1311.1% -48.17 billion 583.45 billion
1977 +355.7% -24.60 billion 62.89 billion
1978 +246.2% 62.89 billion 217.71 billion
1974 -162.1% 155.41 billion -96.53 billion

Averages by decade

DecadeAverage LowestHighest Years
1960s -90.21 billion -94.94 billion -85.47 billion 2
1970s 82.32 billion -96.53 billion 493.19 billion 10
1980s 1.56 trillion -48.17 billion 3.73 trillion 10
1990s 5.34 trillion 3.87 trillion 6.82 trillion 10
2000s 11.25 trillion 7.73 trillion 16.36 trillion 10
2010s 18.36 trillion 13.69 trillion 21.42 trillion 10
2020s 31.53 trillion 19.54 trillion 36.73 trillion 6

Countries ranked near Japan

  1. 1 Latvia -550.00 million compare
  2. 2 Sweden 231.65 billion compare
  3. 2 Croatia 1.00 billion compare
  4. 2 Estonia -600.00 million compare
  5. 3 Norway 184.34 billion compare
  6. 3 Slovenia -1.07 billion compare
  7. 4 Germany 176.88 billion compare
  8. 4 Lithuania -3.09 billion compare

See the full ranking of 47 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is economic outlook no 114 — balance of primary income in Japan?
Economic outlook no 114 — balance of primary income in Japan was 36.73 trillion in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 114 — balance of primary income recorded in Japan?
The highest recorded value was 36.73 trillion in 2024.
What is the lowest economic outlook no 114 — balance of primary income recorded in Japan?
The lowest recorded value was -96.53 billion in 1974.
How does Japan rank for economic outlook no 114 — balance of primary income?
Japan ranks 1st out of 35 countries with data for 2025.
Is economic outlook no 114 — balance of primary income rising or falling in Japan?
Over the last ten years it is up 71.8%. The long-run trend across the full record is volatile.
Where does this Japan data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 114 — Balance of primary income (balance of payments basis). Statizoid updates them automatically from the source API.

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Economic Outlook No 114 — Balance of primary income in Japan. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-114-balance-of-primary-income-balance-of-payments-basis/japan/

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About this data

Indicator
Economic Outlook No 114 — Balance of primary income (balance of payments basis)
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 1,985 data points, 1960–2025
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. EO114 Database inventory EO114 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org