The current account deficit widened $228.2 billion, or 25.2%, to a record $1.13 trillion in 2024. It represented 3.9% of GDP, the highest since 2022 and up from 3.3% in 2023. The large current ...

The country's current account surplus was once considered a sign of export might and a source of confidence in the safe-haven yen. But the composition has changed over the last decade with trade ...