Japan's FY2024 current account surplus hits record ¥30 trillion

Japan's current account surplus reached a record ¥30.38 trillion in fiscal 2024, up nearly 16% from the previous year due to weaker yen boosting dividend and interest flows from overseas investments. The primary income account showed the largest jump since comparable data began in 1985, while goods trade saw a larger deficit than the previous year, though exports and imports both grew. March alone saw the current account surplus rise 6.7% compared to last year at ¥3.68 trillion.