Japan’s adjusted current account surplus expanded in January 2026, rising to ¥3.15 trillion from ¥2.70 trillion in December 2025, according to data updated on 8 March 2026.
The January reading marks a notable month-on-month increase, suggesting an improvement in Japan’s external balance at the start of the year. The higher surplus indicates that income from trade in goods and services, along with primary income flows such as investment returns, continued to outpace payments abroad.
With the adjusted current account strengthening, analysts and market participants will be watching upcoming releases closely to assess whether this marks the beginning of a sustained improvement in Japan’s external position or a temporary boost tied to short-term factors.
