Japan’s 2011 current account surplus falls
February 8th, 2012 - 2:40 pm ICT by IANSTokyo, Feb 8 (IANS) Japan’s current account surplus in 2011 fell 43.9 percent, a record drop since 1985, said the government Wednesday.
According to the data released by the finance ministry, Japan’s current account surplus in 2011 was $125.19 billion.
The sharp decline was mainly attributed to the earthquake and nuclear disaster, the flood in Thailand and the strong yen last year, reported Xinhua.
Another data published by the finance ministry in a preliminary report shows the balance in December was $3.94 billion in surplus, 74.7 percent down from the previous year.
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- Japan's current-account surplus rose 76.9 percent in November - Jan 12, 2010
- Japan records biggest fiscal year trade deficit (Lead) - Apr 19, 2012
- Japan's April trade deficit expands - May 23, 2012
- Japan's exports fall in November - Dec 21, 2011
- Japan's current-account surplus shrinks for first time in 7 years - May 13, 2009
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- Japan's industrial output goes up in December 2011 - Jan 31, 2012
- Japan's consumer prices drop a bit in December - Jan 28, 2012
- Japan's trade surplus triples in July to $4 bn - Aug 26, 2009
- Japan exports value fall in wake of March 11 quake - Apr 20, 2011
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Tags: account surplus, current account, decline, earthquake, finance ministry, flood, ministry japan, nuclear disaster, preliminary report, previous year, Thailand, tokyo, xinhua, yen