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Japan's Balance of Payments for 2009

Department, International

Bank of Japan 2010

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  • Title:
    Japan's Balance of Payments for 2009
  • Author/Creator: Department, International
  • Publisher: Bank of Japan
  • Creation Date: 2010
  • Subjects: portfolio rebalancing ; government bond purchases ; Quantitative and Qualitative Monetary Easing (QQE) ; Flow of Funds Accounts Statistics
  • Description: Japan's current account surplus decreased in 2009 for the second consecutive year to 13.3 trillion yen, down from 16.4 trillion yen in 2008, mainly due to a decrease in the income surplus. The capital and financial account deficit (net outflow) decreased to 12.7 trillion yen in 2009, down from 18.4 trillion yen in 2008. Reserve assets continued to increase, rising by 2.5 trillion yen in 2009 compared to an increase of 3.2 trillion yen in 2008. Balance of payments data for the whole of 2009 and the fourth quarter of 2009 in this report are preliminary unless otherwise stated.