External balance on goods and services in Japan
Japan: External balance on goods and services was -37.42 billion current US$ in 2024. ◆ Volatile
Latest (2024)
-37.42 billion current US$
Change on year
up 42.2%
World rank
187th
of 193 countries
All-time high
95.48 billion current US$
in 1993
All-time low
-158.57 billion current US$
in 2022
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 current US$.
Analysis
In 2024, external balance on goods and services in Japan stood at -37.42 billion current US$.
Compared with earlier readings it is up 42.2% on the previous year and up 70.5% over ten years.
Over the whole period, external balance on goods and services in Japan peaked at 95.48 billion current US$ in 1993 and was at its lowest, -158.57 billion current US$, in 2022.
Japan ranks 187th of 193 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Japan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.45 billion current US$ | — |
| 1971 | 6.10 billion current US$ | +148.5% |
| 1972 | 6.83 billion current US$ | +12.0% |
| 1973 | -231.31 million current US$ | -103.4% |
| 1974 | -3.97 billion current US$ | +1615.3% |
| 1975 | -316.46 million current US$ | -92.0% |
| 1976 | 3.91 billion current US$ | -1336.2% |
| 1977 | 10.67 billion current US$ | +172.8% |
| 1978 | 16.15 billion current US$ | +51.3% |
| 1979 | -10.18 billion current US$ | -163.0% |
| 1980 | -10.76 billion current US$ | +5.7% |
| 1981 | 7.48 billion current US$ | -169.5% |
| 1982 | 6.22 billion current US$ | -16.8% |
| 1983 | 19.08 billion current US$ | +206.8% |
| 1984 | 32.25 billion current US$ | +69.0% |
| 1985 | 44.63 billion current US$ | +38.4% |
| 1986 | 76.38 billion current US$ | +71.1% |
| 1987 | 70.12 billion current US$ | -8.2% |
| 1988 | 60.32 billion current US$ | -14.0% |
| 1989 | 41.29 billion current US$ | -31.5% |
| 1990 | 24.36 billion current US$ | -41.0% |
| 1991 | 53.73 billion current US$ | +120.6% |
| 1992 | 80.35 billion current US$ | +49.5% |
| 1993 | 95.48 billion current US$ | +18.8% |
| 1994 | 93.44 billion current US$ | -2.1% |
| 1995 | 68.92 billion current US$ | -26.2% |
| 1996 | 18.59 billion current US$ | -73.0% |
| 1997 | 44.20 billion current US$ | +137.7% |
| 1998 | 71.49 billion current US$ | +61.7% |
| 1999 | 68.87 billion current US$ | -3.7% |
| 2000 | 67.80 billion current US$ | -1.5% |
| 2001 | 25.99 billion current US$ | -61.7% |
| 2002 | 52.86 billion current US$ | +103.4% |
| 2003 | 72.56 billion current US$ | +37.3% |
| 2004 | 93.35 billion current US$ | +28.7% |
| 2005 | 67.66 billion current US$ | -27.5% |
| 2006 | 59.66 billion current US$ | -11.8% |
| 2007 | 80.58 billion current US$ | +35.1% |
| 2008 | 17.36 billion current US$ | -78.5% |
| 2009 | 23.69 billion current US$ | +36.5% |
| 2010 | 77.03 billion current US$ | +225.2% |
| 2011 | -40.33 billion current US$ | -152.4% |
| 2012 | -103.02 billion current US$ | +155.4% |
| 2013 | -125.69 billion current US$ | +22.0% |
| 2014 | -127.07 billion current US$ | +1.1% |
| 2015 | -24.64 billion current US$ | -80.6% |
| 2016 | 40.30 billion current US$ | -263.5% |
| 2017 | 37.42 billion current US$ | -7.1% |
| 2018 | 964.47 million current US$ | -97.4% |
| 2019 | -14.83 billion current US$ | -1637.6% |
| 2020 | -13.59 billion current US$ | -8.4% |
| 2021 | -26.20 billion current US$ | +92.9% |
| 2022 | -158.57 billion current US$ | +505.1% |
| 2023 | -64.74 billion current US$ | -59.2% |
| 2024 | -37.42 billion current US$ | -42.2% |
Japan compared with similar countries
- Japan's -37.42 billion current US$ is below the median for high income countries, which is 3.43 billion current US$. (72 countries reporting)
- Japan's -37.42 billion current US$ is below the median for East Asia & Pacific, which is -166.62 million current US$, 224.6× the median. (34 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services in Japan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | -1637.6% | 964.47 million current US$ | -14.83 billion current US$ |
| 1974 | -1615.3% | -231.31 million current US$ | -3.97 billion current US$ |
| 1976 | +1336.2% | -316.46 million current US$ | 3.91 billion current US$ |
| 2022 | -505.1% | -26.20 billion current US$ | -158.57 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.14 billion current US$ | -10.18 billion current US$ | 16.15 billion current US$ | 10 |
| 1980s | 34.70 billion current US$ | -10.76 billion current US$ | 76.38 billion current US$ | 10 |
| 1990s | 61.94 billion current US$ | 18.59 billion current US$ | 95.48 billion current US$ | 10 |
| 2000s | 56.15 billion current US$ | 17.36 billion current US$ | 93.35 billion current US$ | 10 |
| 2010s | -27.99 billion current US$ | -127.07 billion current US$ | 77.03 billion current US$ | 10 |
| 2020s | -60.10 billion current US$ | -158.57 billion current US$ | -13.59 billion current US$ | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 217.76 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0491 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,765 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 45.81 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 142.69 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 371.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 11.44 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Japan?
- External balance on goods and services in Japan was -37.42 billion current US$ 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 95.48 billion current US$ in 1993.
- What is the lowest external balance on goods and services recorded in Japan?
- The lowest recorded value was -158.57 billion current US$ in 2022.
- How does Japan rank for external balance on goods and services?
- Japan ranks 187th out of 193 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 70.5%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
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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 indicator is expressed in United States dollars.