External balance on goods and services in Japan
Japan: External balance on goods and services was -5.66 trillion current LCU in 2024. ◆ Volatile
External balance on goods and services in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for external balance on goods and services in Japan is -5.66 trillion current LCU, measured in 2024.
That represents a change of up 37.7% on the previous year and up 57.9% over ten years.
Over the whole period, external balance on goods and services in Japan peaked at 12.87 trillion current LCU in 1986 and was at its lowest, -20.85 trillion current LCU, in 2022.
Japan ranks 179th of 192 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 897.22 billion current LCU | -2.23 trillion current LCU | 3.40 trillion current LCU | 10 |
| 1980s | 6.00 trillion current LCU | -2.44 trillion current LCU | 12.87 trillion current LCU | 10 |
| 1990s | 7.22 trillion current LCU | 2.02 trillion current LCU | 10.62 trillion current LCU | 10 |
| 2000s | 6.35 trillion current LCU | 1.79 trillion current LCU | 10.10 trillion current LCU | 10 |
| 2010s | -2.63 trillion current LCU | -13.46 trillion current LCU | 6.76 trillion current LCU | 10 |
| 2020s | -7.99 trillion current LCU | -20.85 trillion current LCU | -1.45 trillion current LCU | 5 |
Countries ranked near Japan
More economy & growth data for Japan
- External balance on goods and services as a percent of GDP -0.9% (2024)
- Inflation of consumer prices 3.2% (2025)
- GDP per capita 38,619 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 18.8% (2024)
- Gross domestic product (GDP) 4.76 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 38,619 constant 2015 US$ (2025)
- DEC alternative conversion factor 149.66 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.25 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -28.09 billion current US$ (2024)
- Taxes less subsidies on products 3.66 trillion current LCU (2024)
Frequently asked questions
- What is external balance on goods and services in Japan?
- External balance on goods and services in Japan was -5.66 trillion current 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 12.87 trillion current LCU in 1986.
- What is the lowest external balance on goods and services recorded in Japan?
- The lowest recorded value was -20.85 trillion current LCU in 2022.
- How does Japan rank for external balance on goods and services?
- Japan ranks 179th out of 192 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 57.9%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.