InvestmentBooming Tourism Lifted Up Japan’s Current Account Surplus In 2019: What Opportunities Await For Investors To Cash In?
2744 min
Japan’s current account surplus reached ¥20.1 trillion (over $187.1 billion) in 2019. For two years, it hadn’t been growing, but in 2019, it increased. This is thanks to the tourist trade, which generated high positive ROI (return on investment) for investors. Officials from the Finance Ministry announced that the current account surplus was up $7.6 billion from 2018. They explained that the “primary-income account added most to the surplus.” Some elements were negative, and others...