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Current Account

Name: Current Account
Creator: TipRanks

Japan's Current Account is a key economic indicator that measures the country's international trade balance, including goods, services, income, and current transfers. It is significant because a surplus indicates that Japan is a net lender to the rest of the world, reflecting strong export performance and investment income. This surplus can impact the yen's value and influence monetary policy decisions. Given Japan's export-driven economy, the Current Account is closely watched by financial markets for insights into economic health and future growth prospects.