Japan's Balance of Payments for 2005

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International Department: Bank of Japan

No 2006-08-18, Bank of Japan Research Papers from Bank of Japan

Abstract: Japan's balance of payments (BOP) in 2005 recorded a current account surplus of 18.0 trillion yen, a small decrease from the surplus of 18.6 trillion yen in 2004. The capital and financial account turned from a net inflow of 1.7 trillion yen in 2004 to a net outflow of 14.0 trillion yen in 2005. Reserve assets increased by 2.5 trillion yen, which was a smaller increase than the one recorded in 2004 (17.3 trillion yen). Highlights of developments in the BOP are as follows.

Date: 2006-08-18
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