External balance on goods and services in Japan
Japan: External balance on goods and services was 5.75 trillion constant LCU in 2024. ◆ Volatile
Latest (2024)
5.75 trillion constant LCU
Change on year
up 1.2%
World rank
6th
of 161 countries
All-time high
6.91 trillion constant LCU
in 2010
All-time low
-14.10 trillion constant LCU
in 1996
Years of data
55
1970–2024
External balance on goods and services in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, external balance on goods and services in Japan stood at 5.75 trillion constant LCU.
That represents a change of up 1.2% on the previous year and up 386.1% over ten years.
Over the whole period, external balance on goods and services in Japan peaked at 6.91 trillion constant LCU in 2010 and was at its lowest, -14.10 trillion constant LCU, in 1996.
That places Japan 6th out of 161 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Japan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | -5.62 trillion constant LCU | — |
| 1971 | -5.40 trillion constant LCU | -4.1% |
| 1972 | -6.48 trillion constant LCU | +20.1% |
| 1973 | -9.66 trillion constant LCU | +49.2% |
| 1974 | -8.39 trillion constant LCU | -13.2% |
| 1975 | -6.51 trillion constant LCU | -22.4% |
| 1976 | -5.87 trillion constant LCU | -9.8% |
| 1977 | -5.14 trillion constant LCU | -12.3% |
| 1978 | -6.51 trillion constant LCU | +26.5% |
| 1979 | -8.56 trillion constant LCU | +31.5% |
| 1980 | -4.27 trillion constant LCU | -50.1% |
| 1981 | -2.49 trillion constant LCU | -41.7% |
| 1982 | -2.07 trillion constant LCU | -16.7% |
| 1983 | -388.84 billion constant LCU | -81.2% |
| 1984 | 551.04 billion constant LCU | -241.7% |
| 1985 | 2.41 trillion constant LCU | +338.2% |
| 1986 | 191.27 billion constant LCU | -92.1% |
| 1987 | -2.01 trillion constant LCU | -1149.0% |
| 1988 | -5.31 trillion constant LCU | +164.4% |
| 1989 | -8.35 trillion constant LCU | +57.4% |
| 1990 | -9.24 trillion constant LCU | +10.6% |
| 1991 | -7.16 trillion constant LCU | -22.5% |
| 1992 | -5.43 trillion constant LCU | -24.1% |
| 1993 | -4.70 trillion constant LCU | -13.5% |
| 1994 | -6.37 trillion constant LCU | +35.5% |
| 1995 | -10.27 trillion constant LCU | +61.3% |
| 1996 | -14.10 trillion constant LCU | +37.3% |
| 1997 | -10.15 trillion constant LCU | -28.0% |
| 1998 | -7.62 trillion constant LCU | -24.9% |
| 1999 | -8.60 trillion constant LCU | +12.8% |
| 2000 | -7.94 trillion constant LCU | -7.7% |
| 2001 | -11.75 trillion constant LCU | +48.0% |
| 2002 | -8.64 trillion constant LCU | -26.5% |
| 2003 | -5.95 trillion constant LCU | -31.1% |
| 2004 | -3.41 trillion constant LCU | -42.8% |
| 2005 | -2.90 trillion constant LCU | -15.0% |
| 2006 | 608.40 billion constant LCU | -121.0% |
| 2007 | 5.20 trillion constant LCU | +754.8% |
| 2008 | 5.92 trillion constant LCU | +13.9% |
| 2009 | -1.15 trillion constant LCU | -119.4% |
| 2010 | 6.91 trillion constant LCU | -700.3% |
| 2011 | 2.93 trillion constant LCU | -57.6% |
| 2012 | -907.60 billion constant LCU | -131.0% |
| 2013 | -2.72 trillion constant LCU | +200.1% |
| 2014 | -2.01 trillion constant LCU | -26.2% |
| 2015 | 267.10 billion constant LCU | -113.3% |
| 2016 | 2.57 trillion constant LCU | +860.9% |
| 2017 | 5.58 trillion constant LCU | +117.4% |
| 2018 | 5.76 trillion constant LCU | +3.3% |
| 2019 | 3.39 trillion constant LCU | -41.1% |
| 2020 | -1.45 trillion constant LCU | -142.7% |
| 2021 | 4.40 trillion constant LCU | -403.2% |
| 2022 | 2.26 trillion constant LCU | -48.6% |
| 2023 | 5.68 trillion constant LCU | +151.0% |
| 2024 | 5.75 trillion constant LCU | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -6.81 trillion constant LCU | -9.66 trillion constant LCU | -5.14 trillion constant LCU | 10 |
| 1980s | -2.17 trillion constant LCU | -8.35 trillion constant LCU | 2.41 trillion constant LCU | 10 |
| 1990s | -8.36 trillion constant LCU | -14.10 trillion constant LCU | -4.70 trillion constant LCU | 10 |
| 2000s | -3.00 trillion constant LCU | -11.75 trillion constant LCU | 5.92 trillion constant LCU | 10 |
| 2010s | 2.18 trillion constant LCU | -2.72 trillion constant LCU | 6.91 trillion constant LCU | 10 |
| 2020s | 3.33 trillion constant LCU | -1.45 trillion constant LCU | 5.75 trillion constant LCU | 5 |
Countries ranked near Japan
More economy & growth data for Japan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.4463 Percent per annum (2029)
- GNI (current LCU), annual growth rate 4.88 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 159.1 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 5.72 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 1.1 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 8.93 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate -11.77 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0058 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 195.14 current US$ per person (2024)
Frequently asked questions
- What is external balance on goods and services in Japan?
- External balance on goods and services in Japan was 5.75 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Japan?
- The highest recorded value was 6.91 trillion constant LCU in 2010.
- What is the lowest external balance on goods and services recorded in Japan?
- The lowest recorded value was -14.10 trillion constant LCU in 1996.
- How does Japan rank for external balance on goods and services?
- Japan ranks 6th out of 161 countries with data for 2024.
- Is external balance on goods and services rising or falling in Japan?
- Over the last ten years it is up 386.1%. The long-run trend across the full record is volatile.
- Where does this Japan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.