The Japanese Ministry of Finance announced on the 12th that it recorded a current account surplus of 3.6781 trillion yen (about 35 trillion won) in March of this year.
According to the Ministry of Finance's balance of payments (preliminary) statistics released that day, the current account surplus in March increased by 0.7% compared to a year ago.
Japan's current account has maintained a surplus for two consecutive months since February.
The current account surplus for the fiscal year 2024 (April 2024 to March 2025) is projected to be 30.3771 trillion yen (approximately 290 trillion won), an increase of 16.1% from the previous forecast.
The surplus from last year is the largest since statistics began to be compiled in 1985.
Nihon Keizai Shimbun reported that "income from interest and dividends from overseas assets pushed up last year's current account surplus."
The current account consists of the goods and services balance, income balance including dividends and interest, and current transfers.