Japan posted a current account surplus of ¥8.01 trillion ($56 billion) in the first half of 2023, up 11.1% from a year earlier due to a smaller trade deficit and record foreign investment returns aided by a weaker yen, government data showed Tuesday.
The improvement came as the current account surplus in June roughly tripled from a year earlier to ¥1.51 trillion, after the resource-scarce nation recorded its first trade surplus in nearly two years.
The current account balance is one of the widest gauges of international trade.