Japan's current account and real exchange rate index, 2000–2019*
Current account balance | Projected account balance | Real effective yen index** | |
---|---|---|---|
2000 | 130.7 | 131.4 | |
2001 | 86.2 | 121.3 | |
2002 | 109.1 | 112.7 | |
2003 | 139.4 | 102.7 | |
2004 | 182.0 | 99.4 | |
2005 | 170.1 | 91.1 | |
2006 | 174.5 | 82.9 | |
2007 | 212.1 | 74.5 | |
2008 | 142.6 | 81.7 | |
2009 | 145.3 | 98.5 | |
2010 | 217.6 | 100.0 | |
2011 | 126.5 | 108.0 | |
2012 | 58.7 | 109.0 | |
2013 | 33.6 | 88.1 | |
2014 | 45.4 | 45.4 | 80.3 |
2015 | 54.9 | ||
2016 | 62.4 | ||
2017 | 65.1 | ||
2018 | 69.2 | ||
2019 | 76.4 |
*2014–2019 projected (current account only)
**Real effective exchange rate index, adjusted for relative movements in unit labor costs (period average values), actual 2000–2013, author's estimate in 2014
Source: Author's analysis of International Monetary Fund (2014, 2015) and Board of Governors of the Federal Reserve System (2015).