monthly finance review - 財務省 filemonthly finance review september 2017 no. 530 policy research...
TRANSCRIPT
ISSN 0388-0605
MONTHLY FINANCE REVIEW
September 2017
No. 530
Policy Research Institute
MINISTRY OF FINANCE
JAPAN
MONTHLY FINANCE REVIEW
September. 2017 (No.530)
CONTENTS
STATISTICS（Released by Ministry of Finance）
A. Balance of the Fiscal Loan Fund (20 Jul.) .............................................................. 2
B. Trade Statistics (28 Jul.) ....................................................................................... 4
C. Taxes and Stamp Revenues (1 Aug.) ...................................................................... 8
D. Receipts and Payments of the Treasury Funds with the Private Sector (2 Aug.) ..... 12
E. Official Reserve Assets (7 Aug.) ........................................................................... 16
F. Balance of Payments (8 Aug.) .............................................................................. 18
G. International Transaction in Securities (Monthly; based on reports from
designated major investors) (8 Aug.) .................................................................... 22
H. The balance of Offshore Accounts (17 Aug.) ........................................................ 24
I. Central Government Debt (10 Aug.) ................................................................. 26
PUBLIC RELATIONS & PRESS RELEASE A. Signing of AGREEMENT BETWEEN THE GOVERNMENT OF JAPAN AND THE
GOVERNMENT OF THE UNITED MEXICAN STATES REGARDING MUTUAL
ASSISTANCE AND COOPERATION IN CUSTOMS MATTERS (14 Aug.) ................. 30
B. Tax Convention with Estonia was Signed (30 Aug.) ................................................ 31
APPENDIX
A. Quarterly Estimates of GDP, Apr.-Jun. 2017 (The 1st preliminary) (14 Aug.) ........ 34
B. Monthly Economic Report (August) (28 Aug.) ......................................................... 36
MAIN ECONOMIC INDICATORS OF JAPAN .......................................................... 40
STATISTICS
A. Balance of the Fiscal Loan Fund (the End of the Month) (20 July 2017)
( in billions of yen)2016 2017Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Assets 131,111.5 133,899.6 133,803.3 131,234.4 128,805.8 132,294.2 127,140.8 129,227.0 129,834.5 130,060.8 131,350.7 134,428.2 130,830.6
Cash/Deposits 4,209.5 7,699.3 7,714.4 7,312.1 5,250.1 6,386.3 1,596.3 4,054.1 4,434.1 3,678.3 5,673.0 6,712.4 3,853.8
Securities 261.6 261.6 261.6 261.6 261.6 221.6 221.6 221.6 221.6 221.6 221.6 221.6 202.8
Government Bonds - - - - - - - - - - - - -Other Bonds 40.0 40.0 40.0 40.0 40.0 - - - - - - - -Trust Beneficiary Rights and Others 221.6 221.6 221.6 221.6 221.6 221.6 221.6 221.6 221.6 221.6 221.6 221.6 202.8
Loans 126,640.4 125,938.7 125,827.3 123,660.6 123,294.2 125,686.3 125,322.9 124,951.3 125,178.8 126,161.0 125,456.1 127,494.2 126,774.0
Loans to General Account and Special Accounts 22,519.4 22,136.2 22,218.2 23,294.3 22,874.1 23,781.6 23,695.2 23,154.8 23,259.5 23,655.5 23,107.8 23,062.2 22,744.3Loans to Government-related Institutions 18,953.5 18,925.3 18,965.1 18,535.2 18,530.5 18,523.6 18,501.9 18,261.4 18,214.1 18,713.0 18,586.2 18,627.3 18,538.8Loans to Local Government 51,183.8 51,187.4 51,188.9 48,982.9 48,999.8 49,061.0 49,161.7 49,203.5 49,325.7 48,217.7 48,276.0 49,649.5 49,650.0Loans to Special Corporations 33,983.7 33,689.8 33,455.0 32,848.2 32,889.7 34,320.2 33,964.1 34,331.7 34,379.6 35,574.8 35,486.1 36,155.2 35,841.0
Liabilities 131,111.5 133,899.6 133,803.3 131,234.4 128,805.8 132,294.2 127,140.8 129,227.0 129,834.5 130,060.8 131,350.7 134,428.2 130,830.6
Deposits 37,813.5 38,836.0 37,436.9 38,412.7 35,591.2 37,104.9 32,321.3 33,805.8 33,419.7 32,843.1 34,114.4 36,418.5 34,239.5
Special Account Deposits 27,014.4 28,240.3 26,806.2 29,016.9 26,348.2 28,311.7 23,512.8 25,122.1 24,795.4 24,974.7 26,232.0 28,561.6 26,355.7Fund Deposits 5,244.9 4,921.5 4,834.3 3,584.8 3,431.9 2,957.1 2,882.5 2,607.6 2,458.3 1,322.4 1,306.3 1,280.8 1,300.8Mutual Aid Cooperative Deposits 3,458.0 3,458.0 3,458.0 3,371.6 3,281.6 3,191.6 3,191.6 3,191.6 3,191.6 3,441.6 3,441.6 3,441.6 3,350.6Other Deposits 2,096.3 2,216.3 2,338.5 2,439.5 2,529.5 2,644.5 2,734.5 2,884.5 2,974.5 3,104.5 3,134.5 3,134.5 3,232.5
Long-term Bonds 92,926.0 94,586.0 95,856.0 92,088.2 92,468.2 94,418.2 94,288.0 94,788.0 95,758.0 96,329.2 96,329.2 97,079.2 95,879.5
Others 372.1 477.6 510.4 733.4 746.4 771.1 531.4 633.2 656.7 888.5 907.2 930.6 711.6
(Note) Figures may not total due to rounding.
Source : Financial Bureau (http://www.mof.go.jp/english/filp/flf_balance/index.htm)
― 2 ―
･ Trend of Balance of the Fiscal Loan Fund
200,000.0
150,000.0
100,000.0
50,000.0
0.0
50,000.0
100,000.0
150,000.0
200,000.0
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2014 2015 2016 2017
Assets: Cash/Deposits Liabilities: Deposits
Assets: Securities Liabilities: Long-term Bonds
Assets: Loans Liabilities: others
Assets
Liabilities
― 3 ―
B. Trade Statistics (28 July 2017)
1.Value of Exports and Imports by Area (Country) ( in 100 millions of yen )
2016* 2017Jun Jul Aug Sep Oct Nov Dec Jan** Feb** Mar** Apr** May** Jun(P)
Total Exports 60,253 57,284 53,164 59,689 58,702 59,564 66,789 54,220 63,475 72,296 63,294 58,512 66,084Imports 53,389 52,239 53,510 54,824 53,891 58,099 60,430 65,139 55,364 66,193 58,503 60,576 61,686Balance 6,865 5,045 -346 4,866 4,812 1,465 6,359 -10,919 8,111 6,103 4,792 -2,064 4,398
Asia Exports 31,505 30,439 29,273 31,215 31,225 32,356 37,401 28,873 34,864 38,607 34,482 32,341 35,781Imports 27,128 25,615 26,329 28,653 27,339 28,865 29,218 33,608 24,884 32,206 28,325 29,275 30,054Balance 4,377 4,825 2,943 2,562 3,886 3,491 8,183 -4,735 9,980 6,400 6,157 3,066 5,727
P.R.China Exports 10,438 10,297 9,691 9,930 10,748 11,032 13,011 8,870 11,966 12,995 11,877 11,170 12,479Imports 13,800 12,973 13,139 15,406 14,175 14,886 14,845 17,976 10,809 16,206 14,312 14,296 14,513Balance -3,361 -2,676 -3,448 -5,477 -3,427 -3,854 -1,835 -9,106 1,157 -3,211 -2,435 -3,126 -2,033
Hong Kong Exports 3,255 2,821 2,662 3,322 2,955 3,472 3,670 2,627 3,622 3,599 3,058 2,977 3,627Imports 325 86 84 328 89 238 151 110 85 348 128 106 325Balance 2,930 2,735 2,577 2,994 2,866 3,234 3,520 2,517 3,538 3,250 2,930 2,871 3,302
Taiwan Exports 3,701 3,588 3,527 3,770 3,667 3,517 4,213 3,235 3,921 4,060 3,801 3,335 3,747Imports 1,917 2,054 2,011 2,076 1,997 2,139 2,146 2,350 2,033 2,338 2,106 2,219 2,474Balance 1,784 1,534 1,516 1,694 1,670 1,378 2,068 885 1,889 1,723 1,695 1,116 1,273
Korea Exports 3,988 4,090 4,108 4,284 4,185 4,304 5,068 4,447 4,741 5,665 5,038 4,658 5,051Imports 2,259 2,200 2,165 2,145 2,266 2,415 2,742 2,718 2,457 2,680 2,351 2,583 2,530Balance 1,729 1,890 1,944 2,139 1,919 1,889 2,326 1,729 2,284 2,984 2,687 2,075 2,521
Singapore Exports 2,033 1,640 1,603 1,665 1,573 1,904 2,414 2,096 1,909 2,446 1,877 2,010 2,027Imports 714 610 691 649 701 676 669 766 855 848 805 782 837Balance 1,319 1,030 912 1,016 871 1,228 1,745 1,330 1,055 1,598 1,071 1,228 1,189
Thailand Exports 2,545 2,471 2,388 2,538 2,550 2,458 2,735 2,370 2,616 2,824 2,746 2,475 2,717Imports 1,866 1,717 1,757 1,723 1,867 1,892 1,903 1,937 1,918 2,163 1,787 2,125 2,170Balance 679 753 631 816 683 566 832 433 699 662 959 350 546
Malaysia Exports 1,083 1,079 1,016 1,103 1,062 1,100 1,197 1,001 1,117 1,314 1,132 1,078 1,159Imports 1,494 1,347 1,472 1,513 1,431 1,627 1,698 1,957 1,809 1,938 1,759 1,725 1,677Balance -411 -268 -456 -410 -369 -527 -501 -956 -692 -624 -627 -647 -517
Indonesia Exports 847 1,072 962 1,087 1,067 1,085 1,153 992 1,177 1,372 1,177 1,145 1,123Imports 1,556 1,560 1,550 1,532 1,597 1,735 1,717 2,013 1,714 1,875 1,663 1,724 1,783Balance -709 -487 -588 -445 -530 -650 -564 -1,022 -537 -503 -486 -580 -660
Philippines Exports 935 940 950 956 960 924 966 876 959 1,192 1,008 932 1,077Imports 825 780 866 845 893 844 851 828 834 946 830 1,005 932Balance 110 160 84 112 67 80 115 48 124 246 179 -73 145
Vietnam Exports 1,331 1,178 1,096 1,186 1,228 1,203 1,414 1,059 1,392 1,416 1,354 1,189 1,333Imports 1,472 1,414 1,630 1,479 1,448 1,526 1,603 1,792 1,329 1,720 1,514 1,731 1,825Balance -142 -235 -534 -293 -221 -324 -189 -733 63 -303 -161 -542 -491
India Exports 778 720 744 794 661 743 835 728 790 976 735 725 825Imports 419 406 402 388 402 424 426 526 490 519 438 502 488Balance 360 314 342 406 259 319 410 202 300 457 297 223 337
(ASEAN) Exports 8,902 8,508 8,119 8,680 8,578 8,849 10,045 8,509 9,302 10,709 9,414 8,946 9,568Imports 8,266 7,749 8,362 8,145 8,277 8,618 8,761 9,732 8,835 9,899 8,784 9,388 9,569Balance 637 759 -243 535 300 231 1,285 -1,223 467 809 630 -443 -2
Oceania Exports 1,818 1,833 1,752 1,743 1,756 1,615 1,543 1,866 2,107 1,964 1,759 1,654 1,893Imports 2,678 3,050 2,995 3,264 3,299 3,730 3,920 3,962 3,889 4,200 3,940 4,076 4,625Balance -861 -1,217 -1,243 -1,521 -1,543 -2,115 -2,377 -2,096 -1,782 -2,236 -2,181 -2,423 -2,732
Australia Exports 1,320 1,426 1,410 1,396 1,296 1,298 1,229 1,424 1,499 1,574 1,399 1,230 1,438Imports 2,236 2,601 2,604 2,821 2,907 3,237 3,482 3,597 3,492 3,702 3,431 3,461 4,091Balance -916 -1,175 -1,195 -1,424 -1,611 -1,939 -2,253 -2,173 -1,992 -2,128 -2,031 -2,230 -2,653
New Zealand Exports 189 223 176 218 218 222 245 176 219 245 225 212 247Imports 276 224 203 180 198 204 206 179 166 225 251 314 299Balance -86 -2 -26 38 20 18 39 -3 52 20 -26 -102 -52
North America Exports 12,934 12,477 10,379 12,558 12,774 12,864 14,449 11,142 13,126 14,796 13,297 11,665 13,947Imports 6,889 6,659 6,904 6,637 7,009 7,219 7,483 7,576 6,926 8,419 7,484 7,811 8,248Balance 6,044 5,818 3,475 5,921 5,765 5,645 6,966 3,566 6,200 6,377 5,813 3,854 5,698
U S A Exports 12,181 11,825 9,713 11,675 11,970 12,112 13,698 10,540 12,232 13,532 12,322 10,825 13,043Imports 6,007 5,896 6,139 5,808 6,177 6,309 6,507 6,552 6,121 7,259 6,454 6,712 7,172Balance 6,174 5,929 3,574 5,867 5,793 5,804 7,191 3,988 6,111 6,273 5,868 4,114 5,871
Canada Exports 752 652 666 883 805 752 750 602 894 1,264 975 840 904Imports 876 757 761 825 828 906 970 1,019 801 1,154 1,023 1,093 1,070Balance -124 -105 -95 58 -24 -155 -220 -417 93 111 -48 -254 -166
Latin America Exports 3,024 2,029 2,110 2,879 2,274 2,276 2,188 2,718 2,333 3,538 2,438 2,291 2,743Imports 2,170 2,463 1,971 2,069 2,013 2,546 2,349 2,576 2,569 2,577 2,597 2,575 2,427Balance 854 -434 139 811 262 -270 -161 142 -236 962 -159 -284 316
Brazil Exports 272 261 259 237 229 230 277 234 267 320 282 259 328Imports 593 519 468 522 523 631 576 492 560 590 559 601 686Balance -321 -258 -209 -286 -294 -401 -299 -258 -293 -270 -277 -342 -358
― 4 ―
2016* 2017Jun Jul Aug Sep Oct Nov Dec Jan** Feb** Mar** Apr** May** Jun(P)
Mexico Exports 948 946 926 1,056 1,026 1,023 1,088 871 980 1,188 1,084 1,011 1,079Imports 430 631 480 475 489 710 669 563 443 618 482 433 466Balance 518 316 446 581 537 313 419 308 537 570 602 577 613
Chile Exports 139 113 129 172 137 115 171 211 184 135 133 181 145Imports 540 442 484 396 381 458 451 826 692 480 596 599 494Balance -401 -330 -355 -225 -244 -343 -280 -615 -508 -344 -463 -419 -349
West Europe Exports 6,842 6,759 6,094 7,003 6,769 6,534 7,242 6,137 7,209 8,670 7,465 7,245 7,741Imports 7,048 7,141 7,182 6,925 7,265 7,578 7,875 7,377 7,113 7,932 7,085 7,756 8,056Balance -207 -382 -1,089 78 -497 -1,044 -634 -1,239 95 737 380 -511 -316
Germany Exports 1,617 1,607 1,445 1,632 1,684 1,474 1,798 1,468 1,669 1,888 1,674 1,586 1,788Imports 1,839 1,904 1,997 2,070 1,962 1,999 2,172 2,036 1,980 2,174 1,957 2,148 2,095Balance -222 -297 -551 -438 -278 -524 -374 -569 -311 -286 -283 -562 -307
United Exports 1,273 1,318 1,093 1,401 1,045 1,202 1,164 1,006 1,280 1,737 1,164 1,265 1,364Kingdom Imports 532 513 556 483 763 615 596 603 561 729 550 637 714
Balance 741 805 536 918 282 587 568 403 720 1,007 614 628 650France Exports 513 534 525 538 544 557 612 466 674 595 620 525 530
Imports 810 858 826 1,010 883 969 1,039 968 926 865 973 991 960Balance -297 -324 -300 -472 -339 -412 -427 -502 -252 -270 -353 -466 -429
Netherlands Exports 1,029 1,072 953 1,149 1,045 966 1,217 1,019 1,154 1,222 1,147 970 1,224Imports 193 184 196 259 167 197 178 189 193 284 175 183 212Balance 836 888 757 890 878 769 1,039 830 961 937 972 786 1,012
Italy Exports 357 375 313 419 385 406 404 342 446 474 443 879 407Imports 833 864 838 710 732 878 880 814 805 934 922 995 890Balance -476 -489 -525 -291 -347 -472 -476 -472 -359 -460 -479 -115 -482
Belgium Exports 549 492 459 512 493 480 568 497 568 595 540 469 590Imports 197 261 154 196 264 203 240 254 202 225 231 203 329Balance 352 231 305 316 229 277 328 243 366 370 309 266 261
Switzerland Exports 302 268 339 255 439 324 275 253 297 764 561 427 603Imports 699 644 668 676 725 583 847 674 650 777 619 629 954Balance -397 -375 -329 -422 -287 -259 -572 -421 -353 -13 -58 -201 -350
Sweden Exports 151 134 125 123 124 122 135 110 138 148 134 101 112Imports 173 243 194 175 205 231 201 232 195 222 230 264 227Balance -22 -108 -69 -52 -82 -108 -66 -122 -57 -74 -96 -163 -115
Ireland Exports 60 48 50 61 76 74 69 66 62 83 76 79 59Imports 681 591 670 299 581 734 544 346 540 452 348 536 454Balance -621 -543 -620 -239 -505 -660 -475 -280 -478 -368 -272 -457 -395
Spain Exports 274 273 236 262 260 236 273 193 239 299 292 238 320Imports 344 333 298 340 317 323 303 387 266 360 292 321 357Balance -70 -60 -62 -78 -56 -87 -31 -193 -27 -60 1 -83 -37
Central and Exports 1,278 1,205 1,003 1,145 1,171 984 1,041 962 1,165 1,242 1,432 1,216 1,236East Europe, Imports 1,399 1,390 1,658 1,586 1,501 1,615 1,924 1,960 1,997 1,924 1,867 2,117 2,044Russia Balance -121 -186 -655 -441 -330 -632 -883 -999 -832 -682 -435 -901 -808
Russia Exports 504 554 429 519 558 429 431 435 527 540 635 595 576Imports 899 887 1,097 1,026 951 1,092 1,330 1,304 1,464 1,301 1,294 1,485 1,380Balance -395 -332 -668 -507 -393 -663 -899 -869 -937 -761 -658 -890 -804
(EU) Exports 6,627 6,656 5,907 6,871 6,505 6,333 7,110 5,966 7,007 8,010 7,179 6,924 7,263Imports 6,511 6,677 6,734 6,503 6,804 7,181 7,159 6,914 6,596 7,328 6,571 7,332 7,266Balance 116 -22 -827 368 -299 -849 -49 -948 411 682 608 -408 -2
Middle East Exports 2,197 1,860 1,933 2,448 2,089 2,160 2,231 1,750 2,026 2,480 1,786 1,495 1,968Imports 5,396 5,479 5,866 5,135 4,823 5,904 6,757 7,400 7,259 8,132 6,326 6,189 5,473Balance -3,199 -3,619 -3,933 -2,687 -2,734 -3,745 -4,526 -5,650 -5,232 -5,652 -4,540 -4,693 -3,505
U A E Exports 832 662 588 822 702 742 841 659 784 982 618 517 743Imports 1,612 1,809 1,688 1,522 1,155 1,766 2,056 2,009 1,889 1,991 1,754 1,965 1,665Balance -780 -1,147 -1,100 -700 -453 -1,025 -1,215 -1,350 -1,106 -1,008 -1,136 -1,448 -922
Saudi Arabia Exports 442 358 392 436 378 400 444 271 289 407 277 254 310Imports 1,677 1,670 1,968 1,500 1,801 2,065 2,402 2,817 2,653 3,099 2,566 2,225 1,995Balance -1,235 -1,311 -1,576 -1,064 -1,423 -1,665 -1,958 -2,545 -2,364 -2,692 -2,289 -1,972 -1,686
Kuwait Exports 147 120 150 193 170 158 157 143 140 128 124 129 132Imports 322 334 402 386 365 435 446 635 689 601 546 611 388Balance -175 -213 -252 -193 -196 -277 -289 -492 -549 -472 -422 -482 -256
Qatar Exports - - - - - - - - - - 114 83 91Imports - - - - - - - - - - 888 818 883Balance - - - - - - - - - - -774 -735 -791
Oman Exports - - - - - - - - - - 207 206 224Imports - - - - - - - - - - 156 107 139Balance - - - - - - - - - - 51 99 86
Iran Exports 36 44 63 75 59 66 110 49 56 160 78 65 90Imports 466 428 277 449 243 367 366 436 484 492 82 291 220Balance -431 -384 -214 -374 -184 -302 -256 -387 -427 -333 -4 -226 -131
Africa Exports 656 681 620 698 644 775 694 773 645 1,000 636 605 776Imports 680 442 604 555 641 641 903 680 727 802 878 777 758Balance -24 239 16 143 3 134 -209 92 -82 197 -243 -172 18
South Africa Exports 207 212 189 230 202 174 237 177 227 236 237 203 239Imports 387 270 410 406 417 380 508 337 372 426 461 385 473Balance -179 -58 -221 -177 -215 -206 -271 -160 -145 -190 -224 -182 -234
(Notes) 1. The value of exports is based upon the F.O.B.value, while the value of imports is based upon the C. I. F.value.2."(P)" means Provisional. "*" and "**"means "fixed" and "detailed".
― 5 ―
･ Trend of Value of Exports and Imports
-30,000
-25,000
-20,000
-15,000
-10,000
-5,000
0
5,000
10,000
15,000
20,000
25,000
30,000
80,000
60,000
40,000
20,000
0
20,000
40,000
60,000
80,000Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
n
2014 2015 2016 2017
Exports Imports Balance
Exports
Imports
World Balance
-20,000
-15,000
-10,000
-5,000
0
5,000
10,000
15,000
20,000
40,000
30,000
20,000
10,000
0
10,000
20,000
30,000
40,000
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
n
2014 2015 2016 2017
AsiaExports
Imports
Balance
-20,000
-15,000
-10,000
-5,000
0
5,000
10,000
15,000
20,000
40,000
30,000
20,000
10,000
0
10,000
20,000
30,000
40,000
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
n
2014 2015 2016 2017
E UExports
Imports
Balance
-20,000
-15,000
-10,000
-5,000
0
5,000
10,000
15,000
20,000
40,000
30,000
20,000
10,000
0
10,000
20,000
30,000
40,000
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
n2014 2015 2016 2017
Middle EastExports
Imports
Balance
-20,000
-15,000
-10,000
-5,000
0
5,000
10,000
15,000
20,000
40,000
30,000
20,000
10,000
0
10,000
20,000
30,000
40,000
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
n
2014 2015 2016 2017
P.R.ChinaExports
Imports
Balance
-20,000
-15,000
-10,000
-5,000
0
5,000
10,000
15,000
20,000
40,000
30,000
20,000
10,000
0
10,000
20,000
30,000
40,000
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
n
2014 2015 2016 2017
U S AExports
Imports
Balance
― 6 ―
2.Value of Exports and Imports by Principal Commodity ( in 100 millions of yen )
2016* 2017Jun Jul Aug Sep Oct Nov Dec Jan** Feb** Mar** Apr** May** Jun(P)
Exports 60,253 57,284 53,164 59,689 58,702 59,564 66,789 54,220 63,475 72,296 63,294 58,512 66,084
Foodstuff 521 474 457 518 540 533 682 374 504 584 513 469 511
Raw materials 866 741 690 689 697 764 1,001 808 955 1,061 941 873 937
Mineral fuels 752 715 826 793 671 658 835 1,116 930 933 618 792 775
Chemicals 5,884 5,809 5,521 5,611 5,868 5,959 6,879 5,945 6,722 7,268 6,925 6,216 6,536
Manufactured goods 6,843 6,562 6,214 6,383 6,369 6,311 7,329 5,973 7,061 7,856 7,069 6,870 7,385
Machinery 11,723 11,468 10,423 11,336 11,122 11,165 13,298 10,064 13,164 14,782 12,937 11,904 13,350
Electrical machinery 10,294 10,159 9,828 10,808 10,711 10,616 12,052 9,232 10,855 12,012 11,082 9,826 11,336
Transport equipment 15,264 14,011 11,889 15,269 14,688 15,116 15,685 13,572 14,536 17,343 14,601 13,229 15,997
Motor vehicles 9,952 9,650 7,773 10,219 9,943 10,295 10,566 8,105 9,445 10,402 9,291 8,055 10,451
Others 8,107 7,345 7,317 8,283 8,037 8,442 9,028 7,136 8,748 10,456 8,607 8,333 9,258
Imports 53,389 52,239 53,510 54,824 53,891 58,099 60,430 65,139 55,364 66,193 58,503 60,576 61,686
Foodstuff 5,326 5,195 5,149 4,996 5,066 5,837 5,848 5,376 4,598 5,909 5,840 5,954 6,010
Raw materials 3,348 3,055 3,152 3,261 3,273 3,279 3,613 3,804 3,322 3,891 3,794 4,189 4,154
Mineral fuels 8,985 9,715 10,154 9,358 8,995 11,111 13,065 14,553 13,943 14,947 12,498 12,270 11,783
Petroleum 4,636 5,053 4,917 4,553 4,001 4,941 6,005 6,386 6,434 6,828 5,690 5,284 4,780
Chemicals 6,017 5,758 5,957 5,454 5,924 6,264 5,956 6,264 5,632 6,599 6,098 6,427 6,591
Manufactured goods 5,122 4,659 4,934 4,950 4,997 5,147 5,245 5,863 4,673 5,905 5,386 5,732 5,870
Machinery 5,370 4,943 4,767 5,086 4,971 5,353 5,653 6,253 5,217 6,311 5,314 6,112 6,561
Electrical machinery 8,960 7,985 8,068 9,964 9,958 9,688 9,681 10,889 8,225 10,063 8,774 9,091 9,457
Transport equipment 2,380 2,713 2,427 2,502 2,694 2,822 3,029 2,424 2,352 2,597 2,436 2,485 2,603
Others 7,879 8,216 8,901 9,252 8,014 8,599 8,339 9,711 7,402 9,970 8,362 8,316 8,656
(Notes) 1. The value of exports is based upon the F.O.B.value, while the value of imports is based upon the C.Ⅰ.F.value.2. "(P)" means Provisional. "*" and "**"means "fixed" and "detailed".
Source : Customs and Tariff Bureau (http://www.customs.go.jp/toukei/info/index_e.htm)
0
5,000
10,000
15,000
20,000
25,000
30,000
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
n
2014 2015 2016 2017
Foodstuff Raw materials Mineral fuels Chemicals
Manufactured goods Machinery Electrical machinery Transport equipment
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
n
2014 2015 2016 2017
Exports Imports
― 7 ―
C. Taxes and Stamp Revenues (1 August 2017)FY 2016 (in 100 millions of yen)
2016 2017
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Income Tax 177,100 -2,513 8,168 11,740 36,085 11,812 9,484 9,405 13,182 13,333 23,873 7,067 7,181 26,543 751 176,111
Withheld atSource
146,560 -2,062 8,184 11,431 31,282 11,544 9,286 9,196 8,188 12,885 23,711 6,133 3,548 11,424 109 144,860
Self-assessed 30,540 -451 -16 308 4,804 267 198 209 4,994 449 162 934 3,632 15,119 641 31,251
111,360 -586 -359 1,819 -3,278 3,749 1,790 3,687 33,035 1,811 2,051 10,030 2,187 4,112 43,240 103,289
21,100 70 45 1,648 1,835 1,489 1,611 1,659 1,669 1,988 1,457 1,994 3,105 1,444 1,302 21,314
168,010 -360 -357 -1,337 16,657 17,569 10,903 13,309 17,680 9,721 13,336 19,161 8,271 17,953 29,776 172,282
13,590 37 61 1,165 1,025 1,246 1,180 1,138 1,068 1,074 1,131 1,474 677 859 1,059 13,195
9,230 3 754 718 810 818 788 799 739 742 865 635 652 818 1 9,142
23,860 0 38 2,093 2,184 1,757 1,868 2,412 2,005 2,038 2,036 1,904 2,278 1,915 1,815 24,342
90 0 1 7 7 7 8 8 7 7 7 8 7 7 7 87
520 0 40 42 42 45 47 44 44 42 43 43 39 43 0 514
6,880 -87 30 619 643 527 757 573 535 583 523 445 675 631 564 7,020
3,200 0 250 237 240 265 291 284 252 247 264 297 289 280 0 3,197
3,850 280 296 324 313 291 349 320 324 297 293 351 478 0 0 3,915
9,190 334 373 752 764 787 777 774 826 789 817 728 851 454 363 9,390
100 8 8 8 8 8 9 8 8 9 8 8 8 0 0 98
－ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
10,520 1,529 724 856 818 783 889 798 774 897 718 763 1,194 48 2 10,791
558,600 -1,286 10,073 20,691 58,154 41,152 30,750 35,220 72,147 33,578 47,421 44,907 27,892 55,108 78,879 554,686
(Reference)
6,293 -4 -4 173 180 461 134 236 1,786 81 97 515 100 192 2,343 6,292
2,553 0 4 224 234 188 200 258 215 218 218 204 244 205 194 2,605
90 0 1 7 7 7 8 8 7 7 7 8 7 7 7 87
149 0 12 12 12 13 13 13 13 12 12 12 11 12 0 147
2,642 192 203 223 215 199 240 220 222 204 201 241 328 0 0 2,687
125 10 10 10 10 11 11 11 10 11 10 10 11 0 0 123
17,565 481 764 606 1,828 3,788 1,752 995 899 454 5,661 277 311 0 0 17,816
1,428 0 117 111 125 127 122 124 114 115 134 98 101 127 0 1,414
3,714 -54 171 245 751 247 198 196 276 277 496 147 150 556 16 3,671
－ 3 1 11 3 2 1 2 2 7 -2 3 4 0 0 35
Source : Tax Bureau (http://www.mof.go.jp/tax_policy/reference/taxes_and_stamp_revenues/index.htm)
Special TobaccoTax
Special incometax forreconstruction
Petroleum andCoal Tax
Motor VehicleTonnage Tax*
Aviation FuelTax*
Liquefied PetroleumGas Tax*
Local Road Tax
Promotion of Power-ResourcesDevelopment Tax
Special TonnageDue
Settlement
(Notes) 1.* is distributed amount to local governments. 2.Totals may not add due to rounding.
Gasoline Tax
other
General AccountTotal
Local CorporationTax
Stamp Revenue
Customs Duty
Tonnage Due
Motor VehicleTonnage Tax
Liquor Tax
Local SpecialCorporate Tax
Liquefied PetroleumGas Tax
Estimate(Revised)
Corporation Tax
Consumption Tax
Inheritance Tax
Tobacco Tax
Aviation Fuel Tax
other
― 8 ―
FY 2017 (in 100 millions of yen)
2017 2018
Apr May Jun(P) Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Income Tax 179,480 -3,225 9,052 13,164 18,991
Withheld atSource
148,740 -2,675 9,081 12,835 19,241
Self-assessed 30,740 -550 -29 329 -250
123,910 -962 -877 1,837 -2
21,150 102 69 1,743 1,914
171,380 -438 -1,166 -1,937 -3,541
13,110 36 63 1,117 1,216
9,290 2 763 720 1,485
23,940 0 12 2,057 2,070
80 0 1 7 8
520 0 42 44 85
6,880 -108 79 622 592
3,130 0 264 240 504
3,700 305 311 345 961
9,530 344 398 822 1,564
100 9 9 8 26
－ 0 0 0 0
10,920 1,459 732 857 3,048
577,120 -2,479 9,751 21,646 28,919
(Reference)
6,439 -25 -17 91 48
2,562 0 1 220 221
80 0 1 7 8
149 0 12 13 24
2,539 209 213 237 659
125 11 11 10 32
20,025 504 754 789 2,047
1,437 0 118 111 230
3,764 -68 190 275 396
－ -2 4 8 10other
Aviation Fuel Tax
Liquefied PetroleumGas Tax
Special TobaccoTax
other
Motor VehicleTonnage Tax*
Aviation FuelTax*
Liquefied PetroleumGas Tax*
Local Road Tax
Special incometax forreconstruction
Total(P)
Local CorporationTax
General AccountTotal
Customs Duty
Motor VehicleTonnage Tax
Promotion of Power-ResourcesDevelopment Tax
Petroleum andCoal Tax
Local SpecialCorporate Tax
Stamp Revenue
Tonnage Due
Consumption Tax
Inheritance Tax
Corporation Tax
Estimate
Gasoline Tax
Tobacco Tax
Liquor Tax
Special TonnageDue
― 9 ―
･ Trends in general account tax revenue
-10,000
0
10,000
20,000
30,000
40,000
50,000
60,000
Apr
May
Ju
n
Ju
l
Au
g
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
2016 2017
Income Tax Corporation Tax Consumption Tax
-10,000
0
10,000
20,000
30,000
40,000
50,000
60,000
Apr
May
Ju
n
Ju
l
Au
g
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
2017 2018
-10,000
0
10,000
20,000
30,000
40,000
50,000
60,000
Apr
May
Ju
n
Ju
l
Au
g
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
2014 2015
FY2014
-10,000
0
10,000
20,000
30,000
40,000
50,000
60,000
Apr
May
Ju
n
Ju
l
Au
g
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
2015 2016
FY2015
FY2016 FY2017
― 10 ―
･ Trends in general account tax revenue (total)
-20,000
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
Apr
May
Ju
n
Ju
l
Au
g
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
2016 2017
Income Tax Corporation Tax Consumption Tax
-20,000
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
Apr
May
Ju
n
Ju
l
Au
g
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
2017 2018
-20,000
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000A
pr
May
Ju
n
Ju
l
Au
g
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
2014 2015
FY2014
-20,000
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
Apr
May
Ju
n
Ju
l
Au
g
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
2016 2017
FY2015
FY2016 FY2017
― 11 ―
2016
Aug Sep Oct Nov
Receipts Payments Balance Receipts Payments Balance Receipts Payments Balance Receipts Payments Balance
1 General Account 61,721 34,818 26,903 54,173 73,495 -19,322 43,748 49,834 -6,086 50,006 81,821 -31,815
Taxes 57,818 10,946 46,872 49,357 8,352 41,005 40,598 9,560 31,038 47,386 7,183 40,203
Non-tax Receipt 1,713 - 1,713 1,590 - 1,590 1,391 - 1,391 1,605 - 1,605
Social Security - 9,761 -9,761 - 11,967 -11,967 - 21,594 -21,594 - 13,825 -13,825
Grants to LocalGovernment Entities 2,190 3,198 -1,008 3,226 43,441 -40,215 1,759 0 1,759 1,015 47,474 -46,459
National Defense - 3,269 -3,269 - 2,545 -2,545 - 3,080 -3,080 - 2,732 -2,732
Public Works - 2,043 -2,043 - 2,138 -2,138 - 2,098 -2,098 - 2,339 -2,339
Treasury's Share inCompulsory EducationExpenditure
- 938 -938 - 938 -938 - 938 -938 - 943 -943
Miscellaneous - 4,664 -4,664 - 4,113 -4,113 - 12,563 -12,563 - 7,326 -7,326
2 Special Accountsetc.
65,679 98,880 -33,201 104,063 61,396 42,667 58,939 104,050 -45,111 58,420 52,498 5,922
Fiscal Investmentand Loan
6,956 3,419 3,537 42,662 5,025 37,637 6,190 4,629 1,560 6,548 21,827 -15,280
Foreign ExchangeEqualization Fund
10,213 9,067 1,147 10,818 10,352 466 14,876 11,705 3,171 12,598 8,957 3,641
Insurance 45,557 82,157 -36,600 47,891 22,013 25,879 35,711 81,052 -45,340 37,285 15,586 21,699
Miscellaneous 2,953 4,237 -1,284 2,692 24,006 -21,314 2,162 6,664 -4,502 1,989 6,128 -4,139
3 Subtotal （1+2） 127,400 133,698 -6,298 158,236 134,890 23,345 102,687 153,884 -51,197 108,426 134,319 -25,893
4 GovernmentBonds etc.
122,169 12,896 109,273 115,321 133,195 -17,873 125,937 21,300 104,637 119,539 24,423 95,116
Government Bonds(over one year)
115,188 6,915 108,273 109,322 127,195 -17,873 120,437 16,300 104,137 113,877 18,980 94,897
Borrowings 6,981 5,982 999 6,000 6,000 -0 5,500 5,000 500 5,662 5,443 219
5 TreasuryDiscount Bills etc.
331,499 256,567 74,932 267,498 222,945 44,552 310,698 210,278 100,421 277,598 208,295 69,302
TreasuryDiscount Bills
278,999 204,067 74,932 235,998 191,445 44,553 279,198 178,778 100,421 235,597 166,295 69,302
Short TermBorrowings
52,500 52,500 0 31,500 31,500 -0 31,500 31,500 0 42,000 42,000 -0
6 Subtotal （4+5） 453,668 269,463 184,205 382,819 356,140 26,679 436,635 231,578 205,058 397,137 232,718 164,418
7 Total （3+6） 581,068 403,161 177,907 541,055 491,030 50,025 539,323 385,462 153,861 505,563 367,038 138,525
8 Adjustments 9,449 9,729 -280 5,976 10,165 -4,189 5,186 4,932 254 6,478 6,487 -8
9Grand Total（7+8）
590,517 412,890 177,627 547,030 501,195 45,835 544,509 390,394 154,115 512,041 373,524 138,517
(Notes) Figures do not sum up to total because of rounding.
(Annotations)Redemption of T-Bills held to maturity by the Bank of Japan, acquired through outright purchase operations, is excluded from theabove table but is indicated in the following lines for information.
74,431 43,153 99,221 69,204
Source : Financial Bureau (http://www.mof.go.jp/english/exchequer/receipts_payments/index.htm)
D. Receipts and Payments of the Treasury Funds with the Private Sector (2 August 2017)
Redemption of T-Bills(TBs and FBs) held tomaturity by the Bank ofJapan
Category
― 12 ―
(in 100 millions of yen)
2016 2017
Dec Jan Feb Mar
Receipts Payments Balance Receipts Payments Balance Receipts Payments Balance Receipts Payments Balance
88,378 55,607 32,771 52,713 34,459 18,254 46,675 33,520 13,155 65,362 110,143 -44,780 1
84,529 10,639 73,890 50,440 7,406 43,034 40,182 5,576 34,606 60,268 20,343 39,926 Taxes
2,557 - 2,557 1,573 - 1,573 1,529 - 1,529 4,787 - 4,787 Non-tax Receipt
- 15,643 -15,643 - 8,943 -8,943 - 8,539 -8,539 - 27,622 -27,622 Social Security
1,292 3,572 -2,280 700 - 700 4,964 7,014 -2,050 307 10,828 -10,521Grants to LocalGovernment Entities
- 5,558 -5,558 - 2,902 -2,902 - 3,540 -3,540 - 6,466 -6,466 National Defense
- 3,226 -3,226 - 2,043 -2,043 - 2,226 -2,226 - 30,456 -30,456 Public Works
- 2,929 -2,929 - 943 -943 - 1,000 -1,000 - 1,021 -1,021Treasury's Share inCompulsory EducationExpenditure
- 14,041 -14,041 - 12,223 -12,223 - 5,625 -5,625 - 13,407 -13,407 Miscellaneous
65,482 142,813 -77,331 49,196 51,579 -2,383 83,839 108,425 -24,587 92,801 108,352 -15,5512
10,773 6,042 4,731 9,777 9,524 253 5,936 5,910 25 45,452 43,291 2,160Fiscal Investmentand Loan
9,584 8,497 1,087 5,930 16,118 -10,188 9,682 11,679 -1,997 8,468 8,861 -392Foreign ExchangeEqualization Fund
38,466 81,204 -42,738 31,965 20,541 11,423 64,460 84,709 -20,249 33,854 18,908 14,946 Insurance
6,659 47,070 -40,411 1,524 5,396 -3,872 3,761 6,127 -2,366 5,027 37,292 -32,265 Miscellaneous
153,861 198,420 -44,559 101,909 86,038 15,871 130,513 141,945 -11,432 158,163 218,494 -60,331 3
114,099 154,424 -40,325 119,235 15,702 103,532 125,066 18,164 106,903 118,492 143,842 -25,3504
108,099 149,424 -41,325 114,235 11,702 102,532 119,630 13,227 106,403 115,492 141,342 -25,850Government Bonds(overone year)
6,000 5,000 1,000 5,000 4,000 999.99 5,436 4,937 499 3,000 2,500 500 Borrowings
278,699 216,181 62,518 263,898 182,700 81,198 285,898 230,915 54,983 263,799 220,012 43,7875
236,698 174,181 62,518 232,398 151,200 81,198 233,398 178,415 54,983 232,299 188,512 43,787TreasuryDiscount Bills
42,000 42,000 0 31,500 31,500 0 52,500 52,500 0 31,500 31,500 0Short TermBorrowings
392,797 370,605 22,193 383,133 198,402 184,731 410,965 249,079 161,886 382,291 363,854 18,437 6
546,658 569,025 -22,367 485,042 284,440 200,602 541,478 391,024 150,454 540,455 582,348 -41,894 7
10,983 14,166 -3,182 7,107 7,702 -596 3,733 5,441 -1,708 7,308 9,628 -2,319 8
557,641 583,191 -25,549 492,148 292,143 200,006 545,211 396,465 148,746 547,763 591,976 -44,213 9
61,817 84,199 56,783 48,086
Category
Redemption of T-Bills (TBsand FBs) held to maturityby the Bank of Japan
Grand Total（7+8）
Adjustments
General Account
Subtotal （4+5）
Total （3+6）
Special Accountsetc.
Subtotal （1+2）
Government Bondsetc.
Treasury DiscountBills etc.
― 13 ―
(in 100 millions of yen)
2017
Apr May Jun Jul
Receipts Payments Balance Receipts Payments Balance Receipts Payments Balance Receipts Payments Balance
1 General Account 74,248 119,165 -44,917 57,428 39,524 17,904 99,514 90,823 8,692 70,474 62,356 8,118
Taxes 61,897 14,350 47,547 54,490 8,223 46,267 97,059 22,980 74,079 66,635 23,271 43,364
Non-tax Receipt 11,993 - 11,993 2,397 - 2,397 1,644 - 1,644 2,945 - 2,945
Social Security - 22,718 -22,718 - 21,796 -21,796 - 11,934 -11,934 - 18,030 -18,030
Grants to LocalGovernment Entities 358 38,914 -38,556 542 1,092 -551 811 39,789 -38,978 894 24 870
National Defense - 7,276 -7,276 - 3,117 -3,117 - 2,895 -2,895 - 5,450 -5,450
Public Works - 12,944 -12,944 - 1,142 -1,142 - 2,010 -2,010 - 1,666 -1,666
Treasury's Share inCompulsory EducationExpenditure
- 939 -939 - 939 -939 - 2,836 -2,836 - 939 -939
Miscellaneous - 22,023 -22,023 - 3,214 -3,214 - 8,379 -8,379 - 12,976 -12,976
2 Special Accountsetc.
55,053 116,724 -61,671 50,754 58,001 -7,247 69,441 116,434 -46,993 57,822 75,500 -17,678
Fiscal Investmentand Loan
4,465 2,741 1,724 6,341 27,039 -20,699 10,525 5,358 5,167 6,756 10,495 -3,739
Foreign ExchangeEqualization Fund
5,542 11,190 -5,648 7,093 7,046 47 9,644 9,438 206 9,664 9,378 286
Insurance 40,026 79,515 -39,489 35,590 19,491 16,099 40,128 81,682 -41,554 39,012 18,219 20,793
Miscellaneous 5,020 12,946 -7,925 1,730 4,424 -2,694 9,144 19,957 -10,813 2,390 37,163 -34,773
3 Subtotal （1+2） 129,301 235,888 -106,588 108,182 97,525 10,657 168,955 207,257 -38,302 128,296 137,856 -9,559
4 GovernmentBonds etc.
118,517 19,474 99,043 115,225 14,718 100,507 111,539 121,063 -9,523 120,320 18,029 102,291
Government Bonds(over one year)
111,517 13,474 98,043 107,635 8,200 99,435 104,539 115,063 -10,524 113,320 12,029 101,291
Borrowings 7,000 6,000 1,000 7,590 6,518 1,072 7,000 6,000 1,000 7,000 6,000 1,000
5 TreasuryDiscount Bills etc.
259,598 213,583 46,015 313,897 266,463 47,435 269,197 228,920 40,277 299,196 254,905 44,290
TreasuryDiscount Bills
228,098 182,083 46,015 271,897 224,462 47,434 227,197 186,920 40,277 267,696 223,405 44,290
Short TermBorrowings
31,500 31,500 -0 42,000 42,000 0 42,000 42,000 0 31,500 31,500 0
6 Subtotal （4+5） 378,115 233,057 145,058 429,122 281,181 147,942 380,737 349,983 30,754 419,516 272,935 146,581
7 Total （3+6） 507,416 468,946 38,470 537,304 378,706 158,598 549,692 557,240 -7,548 547,812 410,790 137,022
8 Adjustments 6,593 3,540 3,053 4,338 4,298 40 6,580 9,310 -2,730 9,479 8,439 1,040
9Grand Total（7+8）
514,009 472,486 41,523 541,642 383,003 158,638 556,271 566,549 -10,278 557,292 419,230 138,062
53,815 55,735 48,379 53,592
Category
Redemption of T-Bills(TBs and FBs) held tomaturity by the Bank ofJapan
― 14 ―
･ Trend of Receipts and Payments
･ Trend of Balance (Grand Total)
800,000
600,000
400,000
200,000
0
200,000
400,000
600,000
800,000
Ju
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
l
2014 2015 2016 2017
General Account Special Accounts Government Bonds Treasury Discount Bills
-100,000
-50,000
0
50,000
100,000
150,000
200,000
250,000
Ju
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
lA
ug
Sep Oct
Nov
Dec
Jan Feb
Mar
Apr
May
Ju
nJu
l
2014 2015 2016 2017
Receipts
Payments
― 15 ―
E. Official Reserve Assets (the End of the Month) (7 August 2017)
2015 (in millions of US dollars)
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Official reserve assets 1,261,103 1,251,112 1,245,316 1,250,073 1,245,755 1,242,935 1,242,316 1,244,150 1,248,936 1,244,211 1,233,008 1,233,214
Foreign currency reserves 1,199,797 1,191,601 1,187,858 1,192,407 1,188,152 1,185,861 1,187,529 1,187,804 1,192,947 1,187,794 1,179,074 1,179,004
Securities 1,167,587 1,143,191 1,124,518 1,129,517 1,125,516 1,123,229 1,124,758 1,119,146 1,114,865 1,093,953 1,076,245 1,064,227
Deposits 32,210 48,410 63,340 62,890 62,636 62,632 62,771 68,658 78,082 93,841 102,829 114,777
IMF reserve position 11,401 10,775 9,752 9,775 9,649 9,421 9,075 9,624 9,784 9,594 9,412 9,531
SDRs 18,387 18,358 17,994 18,340 18,134 18,341 18,188 18,308 18,308 18,218 17,897 18,048
Gold 31,006 29,868 29,203 29,037 29,312 28,810 27,024 27,924 27,407 28,105 26,126 26,134
Other reserve assets 512 510 509 514 508 502 500 490 490 500 499 497
2016Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Official reserve assets 1,248,107 1,254,149 1,262,099 1,262,509 1,253,967 1,265,402 1,264,750 1,256,053 1,260,145 1,242,792 1,219,291 1,216,903
Foreign currency reserves 1,192,824 1,193,683 1,201,196 1,200,407 1,193,989 1,202,686 1,201,838 1,193,344 1,196,234 1,180,425 1,159,321 1,157,790
Securities 1,067,634 1,068,486 1,076,126 1,075,380 1,069,261 1,077,607 1,076,267 1,066,903 1,068,188 1,054,462 1,031,886 1,031,902
Deposits 125,190 125,197 125,070 125,027 124,728 125,079 125,571 126,441 128,046 125,963 127,435 125,888
IMF reserve position 8,369 12,470 12,495 12,393 12,267 12,370 12,068 12,026 12,706 12,645 12,274 12,019
SDRs 19,059 17,110 17,451 17,556 17,377 17,327 17,295 17,942 18,136 17,905 18,214 18,087
Gold 27,353 30,381 30,434 31,630 29,821 32,494 33,017 32,210 32,537 31,295 28,984 28,516
Other reserve assets 502 505 523 523 513 525 532 531 532 522 498 491
2017Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Official reserve assets 1,231,573 1,232,340 1,230,330 1,242,295 1,251,868 1,249,847 1,260,040
Foreign currency reserves 1,170,803 1,170,660 1,168,909 1,180,046 1,189,360 1,188,139 1,197,552
Securities 1,043,826 1,042,763 1,042,952 1,052,925 1,061,544 1,062,210 1,074,963
Deposits 126,977 127,897 125,957 127,121 127,816 125,929 122,589
IMF reserve position 12,201 11,979 11,936 12,041 12,126 11,819 11,775
SDRs 18,233 18,310 18,350 18,542 18,715 18,810 19,005
Gold 29,837 30,891 30,626 31,157 31,151 30,562 31,185
Other reserve assets 499 500 509 509 516 517 523(Note) 1. Coverage of this template is the monetary authorities and other central government, excluding social security.
2. Current market exchange rates are used for valuation of non-US dollar denominated assets/liabilities.3. Securities and gold reflect marked to market values.4. Figures may not total due to rounding.
Source : International Bureau (http://www.mof.go.jp/english/international_policy/reference/official_reserve_assets/index.htm)
― 16 ―
・ Trend of Official Reserve Assets
950,000
1,000,000
1,050,000
1,100,000
1,150,000
1,200,000
1,250,000
1,300,000
1,350,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015 2016 2017
Foreign currency reserves IMF reserve position SDRs Gold Other reserve assets
― 17 ―
F. Balance of Payments (8 August 2017)
( in 100 millions of yen )
2016 2017
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr(P) May(P) Jun(P)
Current Account 9,765 19,396 19,704 18,643 15,466 14,267 11,143 952 28,940 29,805 19,519 16,539 9,346
Goods & Services 6,044 3,972 1,675 5,743 2,390 4,035 5,201 -10,660 10,794 10,878 2,589 -730 4,686
Goods 7,625 6,007 2,180 6,672 5,659 3,400 8,087 -8,498 10,742 8,718 5,536 -1,151 5,185
Exports 58,458 55,560 53,000 58,805 57,490 59,418 66,815 55,243 63,487 71,706 61,786 57,145 63,709
Imports 50,833 49,553 50,819 52,133 51,831 56,017 58,728 63,741 52,745 62,988 56,250 58,297 58,524
-1,581 -2,035 -506 -929 -3,269 635 -2,886 -2,162 53 2,160 -2,947 421 -499
Primary income 4,127 16,935 19,811 15,100 14,749 12,049 6,841 12,708 19,869 22,250 18,480 19,243 5,072
Secondary income -406 -1,511 -1,781 -2,200 -1,673 -1,817 -900 -1,096 -1,723 -3,324 -1,551 -1,973 -412
Capital Account -87 -466 -129 -269 -790 -99 -99 -236 -119 -315 -32 -1,247 -145
Financial Account 13,627 40,236 31,244 33,480 7,866 11,842 2,412 -14,351 17,379 49,396 10,705 21,847 13,437
4,652 4,767 -1,211 45,202 15,546 6,326 21,066 11,039 21,985 23,755 4,658 16,182 14,614
30,083 32,147 65,577 4,580 31,254 -23,402 -51,994 -46,691 -29,027 34,894 -73,080 49,751 11,731
-4,131 -3,308 -4,023 -1,687 -925 4,863 11,968 5,916 3,747 2,282 -4,532 2,678 -175
-14,318 8,702 -28,793 -15,786 -33,063 22,284 22,075 4,398 16,156 -7,694 80,577 -49,932 -11,727
-2,659 -2,073 -306 1,171 -4,946 1,771 -704 10,986 4,519 -3,841 3,083 3,169 -1,006
3,949 21,306 11,669 15,106 -6,811 -2,326 -8,632 -15,066 -11,442 19,906 -8,782 6,554 4,236
(Notes) 1. Totals may not add due to rounding.2. "(P)" means Preliminary.
Net errors & omissions
Services
Direct investment
Portfolio investment
Financial derivatives(other than reserves)
Other investment
Reserve assets
― 18 ―
･ Trend of Balance of Payments
-60,000
-40,000
-20,000
0
20,000
40,000
60,000
80,000
100,000
120,000
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2014 2015 2016 2017
Goods & Services Primary income Secondary income Capital Account Financial Account Net errors & omissions
― 19 ―
(Appendix table）
1. Direct Investment Assets/Liabilities( in 100 millions of yen )
2016 2017
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr(P) May(P) Jun(P)
Direct Investment Assets Execution 53,361 55,010 51,933 80,050 54,097 48,819 71,013 44,433 58,054 81,566 32,799 37,111 35,248
Withdrawal 36,102 32,101 66,075 35,311 38,619 36,805 49,293 33,469 33,894 55,314 24,970 19,449 19,981
Net 17,259 22,909 -14,142 44,740 15,478 12,014 21,720 10,964 24,160 26,252 7,829 17,662 15,267
Equity other than Execution 10,214 25,274 8,308 41,983 15,595 8,088 15,505 6,367 19,887 29,296 9,080 8,990 6,622
reinvestment of Withdrawal 2,121 5,120 27,765 2,196 3,950 2,885 4,321 1,270 2,000 11,653 3,580 1,494 2,253
earnings Net 8,093 20,155 -19,457 39,786 11,645 5,203 11,183 5,098 17,886 17,643 5,500 7,495 4,369
Reinvestment of Execution 4,134 4,147 4,163 4,654 4,655 4,652 4,653 4,654 4,639 4,633 4,634 4,632 4,783
earnings Withdrawal - - - - - - - - - - - - -
Net 4,134 4,147 4,163 4,654 4,655 4,652 4,653 4,654 4,639 4,633 4,634 4,632 4,783
Debt instruments Execution 39,013 25,589 39,461 33,413 33,847 36,079 50,855 33,411 33,529 47,637 19,085 23,489 23,843
Withdrawal 33,981 26,981 38,310 33,114 34,669 33,920 44,971 32,200 31,894 43,661 21,390 17,955 17,727
Net 5,032 -1,392 1,152 299 -822 2,159 5,884 1,212 1,635 3,976 -2,305 5,534 6,116
Execution 49,642 47,761 39,297 24,542 19,411 21,184 25,574 27,364 32,791 32,719 35,656 36,763 41,839
Withdrawal 37,034 29,619 52,228 25,004 19,479 15,496 24,920 27,440 30,615 30,222 32,484 35,282 41,187
Net 12,607 18,142 -12,931 -462 -68 5,688 654 -75 2,176 2,497 3,171 1,480 652
Equity other than Execution 1,862 1,653 4,260 1,342 1,024 576 1,641 1,940 1,632 2,425 2,261 4,135 543
reinvestment of Withdrawal 1,510 570 236 1,116 352 539 3,847 1,291 335 2,325 1,848 5,163 1,695
earnings Net 353 1,083 4,024 226 671 37 -2,206 649 1,297 100 413 -1,028 -1,151
Reinvestment of Execution 1,128 1,130 1,135 1,175 1,181 1,149 1,131 1,138 1,170 1,204 1,222 1,221 1,458
earnings Withdrawal - - - - - - - - - - - - -
Net 1,128 1,130 1,135 1,175 1,181 1,149 1,131 1,138 1,170 1,204 1,222 1,221 1,458
Debt instruments Execution 46,651 44,978 33,902 22,025 17,206 19,459 22,803 24,285 29,989 29,090 32,172 31,407 39,838
Withdrawal 35,525 29,048 51,992 23,888 19,127 14,957 21,074 26,148 30,280 27,897 30,636 30,119 39,492
Net 11,127 15,929 -18,090 -1,864 -1,921 4,502 1,729 -1,863 -291 1,193 1,537 1,287 346(Notes) 1. Reinvestment of earnings are recorded under "Execution" . Negative figures are recorded when retained earnings decrease.
2. "(P)" means Preliminary.
liabilities
Direct Investment
― 20 ―
2. Portfolio Investment Assets/Liabilities( in 100 millions of yen )
2016 2017
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr(P) May(P) Jun(P)
Portfolio Investment Assets 28,240 71,389 35,100 14,700 26,253 15,521 -26,247 -4,286 -16,237 -10,319 -32,842 42,723 24,106
Acquisition 47,698 44,706 44,567 40,479 38,853 54,701 43,209 40,211 48,325 56,513 46,704 55,923 57,135
fund shares Disposition 37,543 32,302 33,205 36,151 34,987 40,208 46,866 32,273 41,703 65,566 41,029 42,023 44,716
Net 10,154 12,404 11,362 4,328 3,865 14,494 -3,657 7,939 6,622 -9,053 5,675 13,900 12,419
Long-term Acquisition 340,244 342,893 328,876 319,198 312,978 354,912 255,366 282,795 277,744 360,041 276,845 285,172 323,354
debt securities Disposition 319,909 283,246 302,096 310,016 288,438 353,913 276,503 295,215 300,294 362,993 318,744 253,838 310,394
Net 20,335 59,647 26,780 9,181 24,540 999 -21,136 -12,420 -22,550 -2,951 -41,899 31,334 12,960
Short-term Acquisition 25,641 16,526 13,413 21,354 15,949 11,749 9,788 13,200 17,590 43,924 40,893 49,488 48,576
debt securities Disposition 27,890 17,188 16,455 20,163 18,102 11,720 11,241 13,004 17,898 42,239 37,512 51,998 49,849
Net -2,249 -662 -3,042 1,191 -2,153 29 -1,453 196 -308 1,685 3,381 -2,511 -1,274
-1,843 39,242 -30,478 10,120 -5,001 38,923 25,747 42,405 12,790 -45,213 40,238 -7,028 12,375
Acquisition 423,790 399,713 374,367 341,393 335,018 448,884 445,939 374,090 386,592 422,683 409,466 425,158 467,164
fund shares Disposition 428,525 400,851 379,181 353,954 326,128 436,628 439,723 374,873 388,640 438,969 394,494 418,279 464,220
Net -4,735 -1,139 -4,814 -12,560 8,890 12,256 6,217 -783 -2,047 -16,287 14,972 6,880 2,944
Long-term Acquisition 89,513 84,491 77,452 117,559 72,175 75,209 83,020 88,827 80,307 91,253 75,661 63,374 71,761
debt securities Disposition 96,919 67,481 66,098 118,130 69,446 74,817 87,708 68,700 68,631 101,563 63,586 48,218 79,063
Net -7,406 17,010 11,355 -571 2,729 392 -4,687 20,127 11,677 -10,310 12,075 15,156 -7,302
Short-term Acquisition 201,357 152,085 166,694 210,087 152,567 181,198 194,651 165,391 170,238 176,590 193,573 170,580 178,652
debt securities Disposition 191,059 128,714 203,712 186,835 169,188 154,922 170,434 142,329 167,078 195,207 180,382 199,644 161,919
Net 10,298 23,371 -37,018 23,252 -16,620 26,276 24,217 23,061 3,160 -18,616 13,191 -29,064 16,733
(Notes) 1. Totals may not add due to rounding.2. "(P)" means Preliminary.
Source : International Bureau (http://www.mof.go.jp/english/international_policy/reference/balance_of_payments/index.htm)
Portfolio Investment Liabilities
Equity and investment
Equity and investment
― 21 ―
G. International Transaction in Securities (Monthly; based on reports from designated major investors) (8 August 2017)
Portfolio Investment Assets ( in 100 millions of yen )2016 2017Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul38,065 39,899 35,316 34,911 49,524 39,069 34,306 42,173 49,743 42,210 50,852 52,178 46,15528,903 29,949 32,977 30,587 36,731 41,802 29,112 38,035 56,650 36,269 38,694 40,800 34,519
Net 9,162 9,949 2,339 4,324 12,793 -2,733 5,195 4,138 -6,907 5,941 12,158 11,377 11,635326,384 315,694 303,719 294,837 338,878 245,875 268,282 268,237 347,180 267,058 272,646 308,892 266,830271,891 292,831 299,261 281,378 338,039 264,446 284,491 278,909 346,789 309,617 241,571 294,556 222,200
Net 54,494 22,863 4,457 13,459 839 -18,571 -16,210 -10,673 390 -42,559 31,074 14,336 44,630
Subtotal Net (A) 63,656 32,813 6,797 17,782 13,632 -21,304 -11,015 -6,535 -6,517 -36,617 43,233 25,714 56,265
15,607 12,576 20,289 15,288 10,329 9,067 12,867 16,822 41,444 38,802 48,558 47,297 50,08016,245 15,710 19,168 17,453 11,076 10,415 11,941 16,675 40,398 36,323 50,195 47,988 47,564
Net -638 -3,134 1,121 -2,166 -747 -1,348 926 147 1,046 2,479 -1,637 -691 2,516
Total (C) 63,018 29,679 7,917 15,617 12,885 -22,652 -10,089 -6,388 -5,471 -34,139 41,595 25,023 58,781
Portfolio Investment Liabilities397,397 373,118 339,977 333,311 448,023 444,667 373,269 385,627 421,281 407,295 424,337 463,757 381,868399,642 378,403 353,417 325,484 435,920 438,770 374,460 387,948 438,153 392,249 417,457 463,071 375,955
Net -2,244 -5,285 -13,440 7,826 12,103 5,896 -1,192 -2,321 -16,872 15,046 6,880 686 5,91371,428 75,882 103,289 59,870 69,878 80,169 78,844 68,691 75,967 71,115 61,540 61,157 55,32560,010 64,603 110,528 62,949 73,321 81,401 62,003 64,335 89,995 60,548 45,103 75,815 53,478
Net 11,419 11,279 -7,239 -3,079 -3,443 -1,232 16,841 4,357 -14,028 10,567 16,437 -14,658 1,847
Subtotal Net (B) 9,174 5,994 -20,679 4,748 8,660 4,664 15,649 2,035 -30,900 25,613 23,317 -13,972 7,760
150,834 165,972 207,930 151,559 180,394 189,113 164,044 169,562 175,234 192,369 168,300 175,662 156,321127,125 202,264 185,550 168,361 154,186 168,794 139,503 165,383 192,936 178,873 198,104 160,839 182,778
Net 23,709 -36,291 22,380 -16,802 26,207 20,319 24,541 4,179 -17,702 13,496 -29,804 14,822 -26,457
Total (D) 32,883 -30,298 1,700 -12,055 34,868 24,984 40,191 6,215 -48,602 39,110 -6,487 850 -18,698
Subtotal Net (A) - (B) 54,481 26,819 27,476 13,035 4,972 -25,968 -26,664 -8,570 24,384 -62,231 19,916 39,686 48,505
Total Net (C) - (D) 30,135 59,976 6,217 27,671 -21,982 -47,636 -50,279 -12,602 43,132 -73,249 48,083 24,173 77,479
(Notes) 1. Transactions related to investment funds will be recorded under the new items "Equity and investment fund shares" starting from January 2014.2. Totals may not add due to rounding.3. International Transactions in Securities show net aquisition with a plus sign(＋) and net disposition with a minus sign(－).4. "Designated Major Investors” indicate banks, financial instruments firms, insurance companies, investment trust management companies and asset management companies, etc. that were designated by the Minister of Finance in accordance with Article 21 of the Ministerial Ordinance Concerning Report on Foreign Exchange transactions, etc.
Source : International Bureau (http://www.mof.go.jp/english/international_policy/reference/itn_transactions_in_securities/index.htm)
Short-term debtsecurities
Short-term debtsecurities
Equity andinvestment fundshares
Long-term debtsecurities
AcquisitionDisposition
AcquisitionDisposition
AcquisitionDisposition
AcquisitionDisposition
Equity andinvestment fundshares
AcquisitionDisposition
Long-term debtsecurities
AcquisitionDisposition
― 22 ―
･ Trend of International Transaction in Securities
-100,000
-50,000
0
50,000
100,000
150,000
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
2014 2015 2016 2017
Portfolio Investment Assets Portfolio Investment Liabilities
― 23 ―
H. The balance of Offshore Accounts (17 August 2017)
1. End of June 2017 Assets (in 100 millions of Yen, %) Liabilities (in 100 millions of Yen, %)
Total balance Denominated in Denominated in Total balance Denominated in Denominated in
Foreign Currency yen Foreign Currency yen
To non- To non- To non- To non- To non- To non-
residents residents residents residents residents residents
Deposits /Call Loans 21,603 16,183 15,804 11,994 5,799 4,189 Deposits/ Call Money 66,428 61,702 58,416 55,300 8,012 6,402
Securities 274,605 274,532 270,408 270,335 4,197 4,197 Securities - - - - - -
Loans 35,835 35,671 33,812 33,730 2,023 1,941 Borrowed Money 46,545 45,540 24,926 24,003 21,619 21,537
Inter-Office Accounts 466,257 466,257 368,069 368,069 98,188 98,188 Inter-Office Accounts 114,043 114,043 113,720 113,720 323 323
Total 798,589 792,930 688,380 684,413 110,209 108,517 Total 227,925 222,188 197,863 193,819 30,062 28,369
-0.7 -0.8 0.4 0.3 -7.2 -7.0 4.0 4.2 4.4 4.3 1.9 3.6
(Notes) Figures are not rounded out.
2. Revised data (Monthly) (in 100 millions of Yen)
2016 2017
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun(P)
Assets 858,977 867,253 860,640 827,182 843,424 908,994 962,104 914,594 866,942 864,690 803,965 804,491 798,589
To non-residents 854,012 862,407 856,161 823,238 838,304 903,535 954,717 907,858 861,828 858,938 798,846 799,209 792,930
Denominated in Foreign Currency 723,607 736,645 731,242 707,876 732,141 785,902 829,134 778,712 737,057 725,251 681,906 685,749 688,380
To non-residents 720,602 734,369 729,383 706,342 729,366 782,758 824,142 774,426 734,233 721,739 678,957 682,577 684,413
Denominated in yen 135,370 130,608 129,398 119,306 111,283 123,092 132,970 135,882 129,885 139,439 122,059 118,742 110,209
To non-residents 133,410 128,038 126,778 116,896 108,938 120,777 130,575 133,432 127,595 137,199 119,889 116,632 108,517
Liabilities 284,948 292,874 291,413 261,108 264,848 305,129 276,127 240,093 242,637 263,265 225,784 219,086 227,925
To non-residents 279,283 287,305 286,224 256,369 258,971 299,409 268,117 232,759 236,786 256,391 220,187 213,212 222,188
Denominated in Foreign Currency 250,630 258,445 254,389 225,391 231,770 271,808 244,357 209,898 215,003 231,758 197,038 189,582 197,863
To non-residents 246,926 255,447 251,821 223,063 228,239 268,404 238,743 204,855 211,443 227,125 193,612 185,819 193,819
Denominated in yen 34,318 34,429 37,024 35,717 33,078 33,321 31,770 30,195 27,634 31,507 28,746 29,504 30,062
To non-residents 32,357 31,858 34,403 33,306 30,732 31,005 29,374 27,904 25,343 29,266 26,575 27,393 28,369
(Notes) Figures are not rounded out.
Source : International Bureau (http://www.mof.go.jp/english/international_policy/reference/offshore/index.htm)
Monthly change(%)Monthly change(%)
― 24 ―
･ Trend of the balance of Offshore Accounts
400,000
200,000
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2014 2015 2016 2017
Assets:Denominated in Foreign Currency Liabilities:Denominated in Foreign Currency
Assets:Denominated in yen Liabilities:Denominated in yen
Assets
Liabilities
― 25 ―
I. Central Government Debt (the End of the Month) (10 August 2017)
1. Outstanding Government Bonds and Borrowings (in 100 millions of yen)
2016 2017
Jun Sep Dec Mar Jun
Government Bonds 9,184,764 9,261,383 9,289,145 9,349,002 9,452,315
8,167,635 8,254,548 8,263,734 8,305,733 8,372,501
Long-term (10 years or more) 5,857,892 5,950,602 6,027,888 6,108,230 6,195,439
Medium-term (from 2 to 5 years) 1,952,418 1,932,521 1,894,076 1,867,764 1,856,318
Short-term (one year or less) 357,324 371,425 341,770 329,740 320,743
928,291 919,510 941,224 962,509 958,087
Long-term (10 years or more) 605,830 595,648 588,641 586,923 589,215
Medium-term (from 2 to 5 years) 322,461 323,862 352,584 375,587 368,872
1,374 1,550 1,855 2,094 1,800
45,640 45,868 47,265 46,277 45,025
13,247 13,247 13,247 13,247 13,247
28,577 26,660 21,820 19,142 61,656
Borrowings 527,120 536,869 542,597 544,200 538,160
147,345 143,985 143,872 140,329 138,963
379,775 392,884 398,725 403,870 399,196
Financing Bills 822,792 827,493 832,492 822,392 799,189
Total 10,534,676 10,625,745 10,664,234 10,715,594 10,789,664
2. Outstanding Government Guaranteed Debts
Government Guaranteed Debts 408,291 405,351 409,652 402,832 402,736
(Source) Financial Bureau （http://www.mof.go.jp/english/jgbs/reference/gbb/index.htm）
(Notes) 1. Figures do not sum up to total because of rounding.2. Above "Outstanding Government Bonds and Borrowings" contains government bonds and borroeings heid by government.
General Bonds
Fiscal Investment and Loan ProgramBonds
Subsidy Bonds
Long-term (over one year)
Short-term (one year or less)
Government Bonds issued toDevelopment Bank of Japan
Government Bonds issued to NuclearDamage Liability Facilitation Fund
Subscription / Contribution Bonds
― 26 ―
･ Trend of Central Government Debt
0
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun
2014 2015 2016 2017
Government Bonds Borrowings Financing Bills
(in 100 millions of yen)
― 27 ―
PUBLIC RELATIONS & PRESS RELEASE
A. Signing of AGREEMENT BETWEEN THE GOVERNMENT OF JAPANAND THE GOVERNMENT OF THE UNITED MEXICAN STATES
REGARDING MUTUAL ASSISTANCE AND COOPERATION IN CUSTOMS MATTERS
August 14, 2017 Ministry of Finance
AGREEMENT BETWEEN THE GOVERNMENT OF JAPAN AND THE GOVERNMENT OF THE UNITED MEXICAN STATES REGARDING MUTUAL ASSISTANCE AND COOPERATION IN CUSTOMS MATTERS was signed by the Government of Japan and The Government of United Mexican States at Mexico City on August 10, 2017.
This Agreement will enter into force after the completion of respective necessary domestic procedures.
【ANNEX】「AGREEMENT BETWEEN THE GOVERNMENT OF JAPAN AND THE GOVERNMENT OF THE UNITED MEXICAN STATES REGARDING MUTUAL ASSISTANCE AND COOPERATION IN CUSTOMS MATTERS」
― 30 ―
B. Tax Convention with Estonia was Signed
August 30, 2017 Ministry of Finance
[Provisional translation]
1. Today, the Government of Japan and the Government of Estonia signed the Convention between Japanand the Republic of Estonia for the Elimination of Double Taxation with respect to Taxes on Incomeand the Prevention of Tax Evasion and Avoidance in Tallinn. This Convention is the first taxconvention to be concluded between Japan and the Republic of Estonia in light of an increasingly closeeconomic relationship between the two countries.
2. For the purpose of eliminating double taxation arising between the two countries, this Conventionclarifies the scope of taxable income in the two countries. In addition, this Convention will enable thetax authorities of the two countries to consult each other on taxation not in accordance with theprovisions of this Convention, exchange information concerning tax matters and mutually lendassistance in the collection of tax claims. It is expected that, while eliminating double taxation andpreventing international tax evasion and tax avoidance, this Convention promotes further mutualinvestments and economic exchanges between the two countries.
【Reference 1】Next Steps
After the approval in accordance with the domestic procedures of the two countries (in the case of Japan, approval by the Diet is necessary), this Convention will enter into force on the thirtieth day after the date of exchange of diplomatic notes indicating such approval and will have effect:
(a) with respect to taxes levied on the basis of a taxable year, for taxes for any taxable years beginning onor after January 1 in the calendar year next following that in which the Convention enters into force;and
(b) with respect to taxes levied not on the basis of a taxable year, for taxes levied on or after January 1 inthe calendar year next following that in which the Convention enters into force.
【Reference 2】Texts and Key Points of the Convention
“Convention between Japan and the Republic of Estonia for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance”
Key Points of Tax Convention with Estonia
― 31 ―
APPENDIX
A. Quarterly Estimates of GDP (14 August 2017)(Billions of chained (2011) yen,%)
2016 2017 2016 2017 2016 2017 2016 2017
Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun
522,248.6 524,483.7 526,392.8 531,530.6
(0.3) (0.4) (0.4) (1.0)
525,493.3 526,067.5 527,371.1 534,140.8
(-0.1) (0.1) (0.2) (1.3)
394,643.0 395,823.5 397,051.0 402,186.3
(-0.1) (0.3) (0.3) (1.3)
297,184.5 297,623.2 298,759.7 301,474.1
(0.4) (0.1) (0.4) (0.9)
16,111.6 16,152.0 16,290.6 16,528.4
(2.8) (0.3) (0.9) (1.5)
80,404.8 82,139.5 82,873.5 84,852.7
(0.0) (2.2) (0.9) (2.4)
805.4 -256.8 -1,088.9 -876.4
( - ) ( - ) ( - ) ( - )
130,850.4 130,241.1 130,316.2 131,950.5
(0.0) (-0.5) (0.1) (1.3)
105,837.2 105,858.9 105,791.3 106,143.1
(0.2) (0.0) (-0.1) (0.3)
25,051.7 24,433.2 24,569.5 25,814.2
(-0.8) (-2.5) (0.6) (5.1)
10.9 21.0 23.6 29.4
( - ) ( - ) ( - ) ( - )
-3,458.9 -2,007.6 -1,503.6 -3,146.5
( - ) ( - ) ( - ) ( - )
84,065.4 86,702.9 88,378.5 87,962.7
(2.1) (3.1) (1.9) (-0.5)
87,524.3 88,710.5 89,882.1 91,109.1
(-0.2) (1.4) (1.3) (1.4)
(Notes) 1. Amount figures: Annual rate2. Deflators,Original Series:Calendar Year of 2011=100
Source : Cabinet Office (http://www.esri.cao.go.jp/en/sna/menu.html)
2.3
0.1
-
-0.30.1
-3.0
-
5.2
0.1
5.3
0.0
1.5 3.7
9.9
3.5
1.0 1.2
1.6
-
-
0.2
0.4 0.0
-9.5
0.0
-
1.3
-0.3 -- -
-7.6
-
6.0
Deflators, Original Series (Year-over-Year Percent Change)
-0.1
-0.8
-0.7
-1.1
1.5-5.7
-0.4
0.0 0.4
-0.1
-0.8 -0.3
-0.8
-0.0
Real, Seasonally Adjusted Series (Quarter-to-Quarter Percent Change)
Real, Seasonally Adjusted Series(Quarter-to-Quarter Percent Change,
Annualized)
Real, Seasonally Adjusted Series(Contributions to Quarter-to-Quarter
Percent Change in GDP)
1.3 1.71.0 1.5 4.00.4
-0.7-1.4
-1.8 -0.8
-
5.1
-
-0.30.2
3.6
1.0
1.7
0.6
-0.2 1.1
-
0.3-0.0-0.3
-0.2 0.0 0.0
21.9
13.2
0.5
0.4-0.2-0.4
1.6
0.2
- -
3.4-11.4
-1.2 -0.2 1.2
-
- -
-
-0.2
0.3
-0.0
-0.1
-0.6
-15.35.6
-1.9Exports
Imports -0.20.0
-0.1
Private Non-Resi.Investment
Change in PrivateInventories
0.0
Public Demand
GovernmentConsumption
Public Investment 0.0
0.0
0.0
0.0
-0.9
0.2
8.9
-0.1
5.5 5.4
- -
GDP(Expenditure Approach)
Domestic Demand -0.1 0.1
0.40.3
0.1
0.5
0.0
0.2
Change in PublicInventories
0.0
-0.4
0.3
0.0
0.0
-0.0
0.3
0.0
0.3
Private Demand
PrivateConsumption
Private ResidentialInvestment
-0.0
0.1
Net Exports of Goods &Services
1.3
1.2
-0.4
0.0
0.6
11.5
0.2
0.4
-0.5
0.00.1
0.2
0.2
-0.2
-0.1
0.4 0.6
-0.2
0.4
-0.1
7.0
1.0
- -- -
8.0
8.6
0.8
8.8
― 34 ―
(Billion yen,%)
2016 2017 2016 2017 2016 2017
Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun
536,660.7 539,413.4 539,199.5 545,352.2
(0.1) (0.5) (-0.0) (1.1)
531,020.7 533,451.0 534,588.7 541,950.9
(-0.1) (0.5) (0.2) (1.4)
399,199.5 401,776.5 402,605.6 408,200.2
(-0.1) (0.6) (0.2) (1.4)
300,243.4 301,900.0 302,506.8 305,019.4
(0.3) (0.6) (0.2) (0.8)
16,897.8 17,065.4 17,304.3 17,572.0
(3.0) (1.0) (1.4) (1.5)
81,287.9 83,036.2 84,070.0 86,530.2
(-0.2) (2.2) (1.2) (2.9)
770.5 -225.2 -1,275.6 -921.4
( - ) ( - ) ( - ) ( - )
131,821.2 131,674.5 131,983.1 133,750.7
(0.1) (-0.1) (0.2) (1.3)
105,837.8 106,142.6 106,181.8 106,575.5
(0.3) (0.3) (0.0) (0.4)
25,970.0 25,516.2 25,786.0 27,150.0
(-0.7) (-1.7) (1.1) (5.3)
13.3 15.7 15.3 25.2
( - ) ( - ) ( - ) ( - )
5,639.9 5,962.4 4,610.7 3,401.3
( - ) ( - ) ( - ) ( - )
85,011.7 89,639.5 94,603.2 93,549.7
(0.3) (5.4) (5.5) (-1.1)
79,371.8 83,677.1 89,992.5 90,148.3
(-0.7) (5.4) (7.5) (0.2)
12.7 4.0
-
5.5
--
-
-
-0.2 -4.40.0 0.9 0.9
Imports -2.9 23.5 33.8 0.7
Exports
0.1 -0.8 -1.2 -0.0
1.2 23.6 24.1
Net Exports of Goods &Services
- - -0.2 0.1 -0.3 -0.2
0.0-0.0
22.9
0.0 -0.0 - -
Public Investment -0.0 -2.7 -6.8 4.3
0.11.2
Change in PublicInventories
GovernmentConsumption
0.10.1
-0.1 0.1 0.3
-0.0 0.1 0.3
1.50.1 0.0 1.2
Public Demand 0.3 -0.4 0.90.0
Change in PrivateInventories
-0.3 -0.2 -0.2 0.1 - -
Private Non-Resi.Investment
-0.8 8.9 5.1 12.2-0.0 0.3 0.2 0.5
Private ResidentialInvestment
-0.4
0.4 2.1
1.8 5.6
4.6
Nominal, Seasonally Adjusted Series(Quarter-to-Quarter Percent Change,
Annualized)
-0.2
PrivateConsumption
0.2 0.3
0.0 0.0
Private Demand -0.1
Domestic Demand
GDP(Expenditure Approach)
-0.1 0.5
Nominal, Seasonally Adjusted Series (Quarter-to-Quarter Percent Change)
Nominal, Seasonally Adjusted Series(Contributions to Quarter-to-Quarter
Percent Change in GDP)
0.1 -0.0
0.1 0.5 3.40.81.1 2.2
0.2
2.6 0.8
0.9
6.30.1
5.7
0.5
-0.3
0.5 0.2 1.0
1.1
5.70.0
1.4
― 35 ―
Monthly Economic Report August 2017
Provisional translation
Cabinet Office 28 August 2017
Executive Summary Assessment of the current state of the Japanese economy
The Japanese economy is on a moderate recovery. • Private consumption is picking up moderately. • Business investment is picking up. • Exports is picking up. • Industrial production is picking up. • Corporate profits is improving. Firms' judgment on current business conditions is improving. • The employment situation is improving. • Consumer prices are flat. Concerning short-term prospects, the economy is expected to recover, supported by the effects of
the policies, while employment and income situation is improving. However, attention should be given to the uncertainty in overseas economies and the effects of fluctuations in the financial and capital markets.
Policy stance
The Government will make its utmost efforts to ensure the economy overcomes deflation and achieve economic revitalization and fiscal consolidation simultaneously, in addition to make effort toward the reconstruction and revitalization from the Great East Japan Earthquake and the restoration and reconstruction from the 2016 Kumamoto Earthquake. To this end, the Government steadily implements the "Basic Policies for Economic and Fiscal Management and Reform 2017", the "Growth Strategy 2017", the "Regulatory Reform Work Plan", and the "Basic Policies for Overcoming Population Decline and Vitalizing Local Economy in Japan 2017", and the "Japan's Plan for the Dynamic Engagement of All Citizens". Moreover, the Government will speedily establish the "Council for Designing 100-Year Life Society" in order to come up with ideas for the 100-year life society and promote human resources development. About work style reform, based on the "The action Plan for the Realization of Work Style Reform" decided in March, the Government will promptly try to rivise the Act regarding establishing a Sophisticated Professional System and revising the Discretionary Working System for Management-related Work, in addition to submit bills to the Diet at an early date. And the government implements "Economic Measures for Realizing Investment for the Future" and the FY2016 supplementary budget swiftly and steadily in order to overcome deflation completely and pave the way for steady economic growth. The Government also implements the FY2017 budget swiftly and steadily.
The Government continuously pursues to expand the economic virtuous cycles which cover local areas, SMEs and small-scale businesses, through directing growing corporate profits towards investment, wage increase and further improvement in the employment situation by these measures.
The Government expects the Bank of Japan to achieve the price stability target of two percent in light of economic activity and prices.
― 36 ―
Detailed explanations
1. Demand trends such as consumption and investment.
Real GDP (gross domestic product) in the April-June quarter of 2017 increased by 1.0% on aquarterly basis (at an annual rate of 4.0%), posting positive growth for the sixth consecutive quarter. Nominal GDP increased by 1.1% on a quarterly basis, posting positive growth for the first time in two quarters.
Private consumption is picking up moderately.
Private consumption is in picking up moderately. Real wage income of employees is increasing moderately. Consumer confidence is picking up.
The Synthetic Consumption Index, which synthesizes demand?side statistics (Family Income and Expenditure Survey, etc.) and supply-side statistics (Indices of Industrial Producer's Shipment's, etc.), decreased by 0.0% in June from the previous month.
Concerning short-term prospects, consumption is expected to pick up, supported by the improvement in the employment and income situations.
Business investment is picking up.
Business investment is picking up. The Quarterly Financial Statements Statistics of Corporations by Industry (January-March survey) show that business investment increased in the January-March quarter of 2017 by 1.3% from the previous quarter after increasing in the October-December quarter of 2016 by 3.5%. By industry, business investment decreased for manufacturers by 1.8% from the previous quarter, and increased for non-manufacturers by 3.0%. Capital Goods Shipments and Imports, supply-side statistics, are picking up.
As for short-term prospects, business investment is expected to increase, mainly reflecting the improvement of corporate profits and actions in growth sectors.
Housing construction is flat.
Housing construction is flat. Construction of owned houses shows a steady undertone. Construction of houses for rent is flat. Construction of houses for sale is almost flat. In addition, the total number of sales of condominiums in the Tokyo metropolitan area is in a weak tone.
As for short-term prospects, housing construction is expected to remain flat for the time being.
Public investment shows steady performance.
Public investment shows steady performance. The amount of public construction completed in June decreased by 1.3% from the previous month, the amount of contracted public works in July decreased by 13.4% from the previous month, and the amount of public works orders received in June increased by 1.3% from the previous year.
― 37 ―
As for short-term prospects, public investment is expected to show steady performance due to the execution of related budgets. Exports are picking up. Imports show movements of picking up. The surplus in the balance of goods and services is almost flat.
Exports are picking up. By region, exports to Asia are picking up. Exports to the U.S. and EU show movements of picking up. Exports to other regions are almost flat. As for short-term prospects, exports are expected to continue to pick up, mainly reflecting the moderate recovery of overseas economies. Imports show movements of picking up. By region, imports from Asia show movements of picking up. Imports from the U.S. and EU are almost flat. As for short-term prospects, imports are expected to pick up. The surplus in the balance of goods and services is almost flat. The surplus in the balance of trade in June decreased, as export values decreased while import values increased. The deficit in the balance of services decreased.
2. Corporate activities and employment
Industrial production is picking up. Industrial production is picking up. The Indices of Industrial Production increased by 2.2% from the previous month in June. The Indices of Industrial Inventories decreased by 2.0% from the previous month in June. The Survey of Production Forecast in Manufacturing expects an increase of 0.8% in July, and an increase of 3.6% in August. By industry, transport equipment and general-purpose, production and business oriented machinery are picking up. Electronic parts and devices are increasing. As for short-term prospects, production is expected to continue to pick up mainly reflecting the moderate recovery of overseas economies. Corporate profits are improving. Firms' judgment on current business conditions is improving. The number of corporate bankruptcies is almost flat.
Corporate profits are improving. During the April-June quarter of 2017, the current profits of the listed companies increased from the previous year both for manufacturers and non-manufacturers. According to the BOJ Tankan (June survey), in fiscal year 2017, sales are expected to increase by 3.0% in the first half of the year, and are expected to increase by 1.1% in the second half from the previous year. Current profits are expected to decrease by 0.8% in the first half, and decrease by 7.3% in the second half from the previous year. Firms' judgment on current business conditions is improving. The Tankan (June survey) revealed that firms' judgment on current business conditions has improved for all enterprises in all industries. Firms' judgment on future business conditions, which indicates the business condition as of September, becomes more cautious than that on current business conditions. According to the corporate activity-related DI of the Economy Watchers Survey (July survey), the assessment of current and prospective business conditions declined.
― 38 ―
The number of corporate bankruptcies is almost flat.
The employment situation is improving.
The employment situation is improving. The total unemployment rate was 2.8% in June, a decrease of 0.3 percentage points from the previous month. The labor force and the number of unemployed persons decreased while the number of employed persons increased.
The number of employees has been increasing recently. The number of new job offers has been increasing recently. The effective ratio of job offers to applicants is increasing. Overtime hours worked in the manufacturing industry are almost flat.
As for the movement of wages, contractual cash earnings are picking up. The total amount of cash earnings is increasing moderately.
As for short-term prospects, the employment situation is expected to improve.
3. Prices and the financial market
Producer prices are rising at a slower tempo recently. Consumer prices are flat.
Producer prices are rising at a slower tempo recently.
Consumer prices, in terms of general, excluding fresh food and energy, are flat.
According to the Monthly Consumer Confidence Survey (multi-person households), the ratio of households which forecast a rise in prices, was 75.8% in July, a decrease of 3.4% points from the previous month.
As for short-term prospects, consumer prices (general, excluding fresh food and energy) are expected to rise moderately, but they are expected to remain flat for the time being.
As for stock prices, the Nikkei Stock Average declined from the 20,100-yen level to the 19,300-yen level. The yen against the U.S. dollar (inter-bank spot rate) moved in the direction of appreciation from the 111-yen level to the 109-yen level.
― 39 ―
Main Economic Indicators of Japan
August ２０１７
Policy Planning & Research Division, Minister's Secretariat,Ministry of Finance
― 40 ―
Note ;
Percentage changes is compared with theprevious period (month).
Percentage changes is compared with the sameperiod (month) of the previous year.
Seasonally Adjusted.
Not seasonally Adjusted.
Nominal value or current price.
Real value.
― 41 ―
〔Public Finance・Money Market〕
Ratio ofActualReve-nueto Budget
IncomeTax
CorporationTax
★
par annum％
daily inte-rest(sen)
CY * 1970 -445.9 7,295.8 100.8 2,428.2 2,567.2 5,556.0 18.6 17.5 － － -744.7 -486.5 -1,254.0 1,335.2 81.2 3,800.9 15.6 3,947.9 15.5 － 1,693.2 7.693 2,066CY * 1975 -2,125.0 13,752.7 102.2 5,482.3 4,127.9 12,617.1 13.6 19.5 18.8 － -949.3 2,401.0 759.3 -1,207.8 -448.5 8,551.2 17.6 8,876.7 17.6 － 1,967.5 8.513 -CY * 1980 -2,860.3 26,868.7 99.0 10,799.6 8,922.7 19,347.2 7.0 2.6 9.2 － -278.6 1,944.2 764.4 291.1 1,055.5 14,188.3 8.1 13,647.4 7.2 － 3,257.5CY * 1985 4,652.7 38,198.8 100.1 15,435.0 12,020.7 25,474.3 6.1 5.0 8.4 9.4 -1,018.4 -4,282.1 -5,016.4 4,900.8 -115.6 21,740.5 10.0 26,779.4 12.0 9.063 5,045.5CY * 1990 2,152.5 60,105.9 101.6 25,995.5 18,383.6 39,797.8 8.9 2.6 11.7 9.6 -2,377.8 3,636.5 2,585.5 -1,847.0 738.5 46,817.5 8.9 44,330.4 7.5 8.344 26,426.8CY * 1995 17,650.3 51,930.8 102.5 19,515.1 13,735.4 46,244.0 5.3 8.2 3.0 3.8 -3,363.6 -5,487.4 -8,851.0 9,331.1 480.1 47,002.2 3.6 48,635.6 1.3 0.460 41,983.2CY 2000 34,467.4 50,712.5 101.6 18,788.9 11,747.2 63,397.2 7.4 8.2 2.1 3.1 2,007.5 -26,214.5 -24,207.0 8,878.6 -15,328.4 48,217.5 -0.9 46,391.6 -1.0 0.200 23,225.8CY 2001 35,178.6 47,948.1 96.6 17,806.5 10,257.8 69,004.2 7.1 8.5 2.8 2.5 -5,606.9 -27,726.7 -33,306.6 42,121.9 8,788.3 48,617.4 0.8 44,822.3 -3.4 0.002 18,897.9CY 2002 64,513.4 43,833.2 99.0 14,812.2 9,523.4 75,471.8 13.1 27.6 3.3 0.5 -6,467.5 -68,004.0 -74,471.5 78,418.6 3,947.1 50,163.0 3.2 43,164.2 -3.7 0.002 15,686.7CY 2003 35,850.5 43,282.4 103.6 13,914.6 10,115.2 76,909.6 5.5 8.2 1.7 0.5 -1,437.7 -39,876.0 -41,313.7 51,781.7 10,468.0 51,167.5 2.0 41,385.3 -4.1 0.001 16,045.4CY 2004 65,317.5 45,589.0 103.5 14,670.5 11,443.7 77,956.4 2.0 - - 2.0 -1,046.7 -62,125.8 -63,172.5 66,320.2 3,147.7 51,868.1 1.4 40,400.0 -2.4 0.002 18,105.4CY 2005 37,792.9 49,065.4 104.3 15,585.9 13,273.6 79,270.5 3.0 0.5 1.8 2.4 -1,313.9 -41,718.6 -43,032.5 42,721.9 -310.6 52,641.0 1.5 40,854.8 1.1 0.004 19,977.2CY 2006 40,765.4 49,069.1 97.2 14,054.1 14,917.9 79,836.7 1.0 -0.3 1.0 3.1 -566.2 -39,499.6 -40,065.8 17,610.5 -22,455.3 52,866.7 0.4 41,557.7 1.7 0.275 20,757.4CY 2007 37,198.1 51,018.2 97.1 16,080.0 14,744.4 81,277.7 1.4 0.2 1.6 2.8 -1,440.8 -37,002.4 -38,443.5 38,154.4 -289.1 54,504.3 3.1 41,763.9 0.5 0.459 22,842.4CY 2008 36,468.8 44,267.4 95.3 14,985.1 10,010.6 81,478.3 0.8 0.8 2.1 1.2 -200.6 -36,806.3 -37,006.9 42,075.8 5,068.9 55,705.5 2.2 43,684.8 4.6 0.103 21,934.0CY 2009 36,478.4 38,733.1 105.1 12,913.9 6,356.4 80,954.2 0.5 1.8 2.7 0.3 524.1 -40,413.2 -39,889.1 45,033.8 5,144.7 56,948.6 2.2 42,856.7 -1.9 0.094 17,057.8CY 2010 34,370.6 41,486.8 104.7 12,984.4 8,967.7 82,314.3 0.9 2.1 2.8 1.7 -1,359.9 -38,068.0 -39,427.9 41,742.2 2,314.3 57,848.5 1.6 42,041.7 -1.9 0.079 16,990.8CY 2011 25,329.2 42,832.6 101.9 13,476.2 9,351.4 83,996.8 2.8 2.2 2.7 0.9 -1,682.2 -15,701.0 -17,383.2 31,264.2 13,881.0 59,866.8 3.5 42,585.8 1.3 0.075 17,098.2CY 2012 38,663.6 43,931.4 103.1 13,992.5 9,758.3 86,653.3 2.1 2.2 2.5 0.8 -2,656.4 -40,222.3 -42,878.7 53,590.2 10,711.5 61,369.0 2.5 43,382.3 1.9 0.076 18,215.1CY 2013 107,113.6 46,952.9 103.5 15,530.8 10,493.7 90,143.1 3.3 2.9 3.6 3.2 -3,489.8 -91,707.4 -95,197.2 155,031.0 59,833.8 64,063.3 4.4 44,913.4 3.5 0.068 18,658.1CY 2014 131,634.4 53,970.7 104.3 16,790.2 11,031.6 93,081.7 3.6 2.8 3.4 3.5 -2,938.4 -124,009.2 -126,947.6 198,006.0 71,058.4 66,084.4 3.2 46,114.7 2.7 0.066 16,916.6CY 2015 105,864.1 56,285.4 99.8 17,807.1 10,827.4 98,429.9 4.9 3.0 3.7 4.0 -5,347.7 -118,721.7 -124,069.4 198,947.0 74,877.6 67,910.6 2.8 47,593.7 3.2 0.038 20,326.8CY 2016 123,949.4 55,468.6 99.3 17,611.1 10,328.9 102,461.2 5.8 2.9 3.5 2.3 -4,030.8 -124,981.5 -129,012.3 206,226.7 77,214.4 73,434.2 8.1 49,157.3 3.3 -0.058 8,920.7
2015．Oct.-Dec. 24,468.3 14,125.8 54.7 3,213.0 3,980.1 98,429.9 6.1 2.7 3.3 3.6 -6,868.0 -24,136.7 -31,004.7 41,788.8 10,784.1 67,910.6 2.8 47,593.7 3.2 0.038 20,630.02016．Jan.-Mar. 27,307.5 25,404.2 99.8 6,801.9 6,257.3 95,594.7 6.5 2.5 3.1 3.2 2,835.3 -27,045.6 -24,210.3 46,636.2 22,425.9 70,481.4 4.2 48,004.4 3.1 -0.002 13,282.62016．Apr.-June 21,696.5 2,947.8 5.1 1,739.5 87.5 95,987.5 6.5 2.8 3.3 2.0 -392.7 -22,657.3 -23,050.0 50,888.9 27,838.9 71,538.0 5.4 47,800.5 2.9 -0.064 5,983.22016．July-Sept. 45,090.6 13,005.6 28.6 5,738.1 226.1 96,319.4 5.6 2.9 3.3 1.4 -331.8 -47,127.4 -47,459.2 56,015.4 8,556.2 71,806.4 6.1 48,336.2 2.7 -0.060 7,618.72016．Oct.-Dec. 26,708.3 14,094.5 53.8 3,592.1 3,853.3 102,461.2 4.7 3.3 3.8 1.6 -6,141.6 -28,151.2 -34,292.8 52,686.2 18,393.4 73,434.2 8.1 49,157.3 3.3 -0.058 8,798.52017．Jan.-Mar. 30,453.9 25,420.7 99.3 6,541.4 6,162.0 99,800.1 4.5 3.5 4.1 2.2 2,661.1 -32,673.5 -30,012.4 42,539.9 12,527.5 74,849.7 6.2 49,637.4 3.4 -0.060 9,740.22017．Apr.-June 18,988.3 P 2,891.9 5.0 1,899.1 -0.2 100,363.6 4.4 3.3 3.9 2.8 -563.3 -21,056.1 -21,619.4 41,809.0 20,189.6 75,314.4 5.6 49,383.6 3.9 -0.069 9,089.12016． June -1,913.8 2,069.1 5.3 1,174.0 181.9 95,987.5 6.2 2.9 3.3 1.7 -720.6 197.4 -523.2 17,017.8 16,494.6 71,538.0 5.4 47,800.5 2.9 -0.064 6,993.92016． July 22,744.4 5,815.4 15.7 3,608.5 -327.8 96,483.7 5.9 2.9 3.3 1.5 -496.1 -21,404.5 -21,900.6 21,409.7 -490.9 71,196.8 5.6 47,831.8 2.7 -0.046 7,370.72016． Aug. 17,762.7 4,115.2 23.1 1,181.2 374.9 96,350.9 5.7 2.8 3.2 1.3 132.8 -18,119.4 -17,986.6 18,692.5 705.9 71,326.6 5.9 47,889.7 2.8 -0.048 7,747.32016． Sept. 4,583.5 3,075.0 28.6 948.4 179.0 96,319.4 5.2 3.0 3.4 1.3 31.5 -7,603.5 -7,572.0 15,913.2 8,341.2 71,806.4 6.1 48,336.2 2.7 -0.060 7,738.12016． Oct. 15,411.5 3,522.0 34.9 940.5 368.7 96,981.9 5.0 3.1 3.6 1.3 -662.4 -13,518.4 -14,180.8 18,298.4 4,117.6 72,020.7 6.9 48,227.5 2.9 -0.047 8,196.62016． Nov. 13,851.7 7,214.7 47.8 1,318.2 3,303.5 97,429.8 4.7 3.3 3.8 1.6 -447.9 -14,535.5 -14,983.4 16,730.2 1,746.8 72,863.2 7.3 48,563.6 3.1 -0.054 8,924.22016． Dec. -2,554.9 3,357.8 53.8 1,333.3 181.1 102,461.2 4.5 3.4 3.9 1.9 -5,031.3 -97.3 -5,128.6 17,657.6 12,529.0 73,434.2 8.1 49,157.3 3.3 -0.058 9,274.92017． Jan. 20,000.6 4,742.1 62.3 2,387.3 205.1 98,945.8 4.5 3.4 4.0 2.0 3,515.3 -18,903.1 -15,387.8 16,979.6 1,591.8 73,415.7 8.3 49,030.2 3.2 -0.058 9,758.12017． Feb. 14,874.6 4,490.7 70.3 706.7 997.2 99,322.4 4.5 3.5 4.1 2.3 -376.5 -15,644.9 -16,021.4 13,824.8 -2,196.6 73,538.9 7.0 49,087.2 3.7 -0.048 9,839.52017． Mar. -4,421.3 16,187.9 99.3 3,447.4 4,953.9 99,800.1 4.5 3.5 4.2 2.4 -477.7 1,874.5 1,396.8 11,735.5 13,132.3 74,849.7 6.2 49,637.4 3.4 -0.060 9,623.12017． Apr. 4,152.3 -247.9 - -322.5 -96.2 100,933.6 4.2 3.4 4.0 2.6 -1,133.4 -3,377.9 -4,511.3 18,265.8 13,754.5 75,314.4 5.6 49,383.6 3.9 -0.074 8,704.82017． May 15,863.8 975.6 1.3 905.2 -87.7 99,515.2 4.4 3.2 3.8 2.8 1,418.4 -17,471.9 -16,053.5 11,225.9 -4,827.6 75,316.4 5.3 49,399.3 3.8 -0.065 9,185.92017． June -1,027.8 P 2,164.6 5.0 1,316.4 183.7 100,363.6 4.6 3.3 3.9 3.1 -848.3 -206.3 -1,054.6 12,317.3 11,262.7 -0.069 9,376.82017． July 13,806.2 100,694.7 4.6 3.4 4.0 3.4 -331.1 -12,602.7 -12,933.8 12,906.6 -27.2 -0.064 8,872.8
(※） National Tax and Stamp Revenue: Adjusted by adding the part of the tax revenues of April and May ｗhich belongs to the preceding fiscal year to those of March of the preceding fiscal year. Money Stock: Before 2004, figures are Money Supply Domestically Licensed Banks: In and before 1992, figures are banking accounts of all banks. Figures are not in series because of the merger of financial institutions and so on. Including JOM accounts in and after 1986. Average Contracted Interest Rates on Loans & Discounts: Including overdrafts in and after April 1992.
Call Rates AverageOut-
standingin the Call
MoneyMarket
Total
Actual RevenueBank-
notes incirculation
End ofYear orMonth
AverageAmountsOut-standing
M3 M2Broadly-definedLiqui-dity Banknotes
Net Receipts &Payments(－）ofTreasury Funds
National Tax and Stamp Revenue (※) Accounts of the Bankof Japan Money Stock(※) Sources of Changes in Current Account Balances
at the Bank of Japan and Market Operations Domestically Licensed Banks (※)
Billion Yen ％ Billion Yen Billion Yen ％
Uncollat-eralizedOverni-ght End ofPeriod
AverageContractedInterest Rateson Loans &Discounts(End of Year orMonth) (※)
★ ★
Average Outstanding Changefrom Preceding Year
Treasuryfunds and
others
Surplus/shortage of
funds
The Bank ofJapan
Loans andMarket
Operations
Netchange incurrent accountbalances
ActualDeposits
Out-standing
Loans &BillsDiscountedOut-standing
2.788
％ Billion Yen 10 BillionYen ％
10 BillionYen ％ ％
BillionYen
8.2746.4677.697
1.452
2.1161.8801.8341.7991.7321.6231.7661.9451.8651.6551.551
0.969
1.3641.2581.1801.1100.9981.1101.0761.0391.0160.9980.982
0.976
1.0391.0331.0261.0161.0141.0090.9980.9960.9920.9820.982
0.969
Released by Ministry of Finance Bank of Japan
FY FY FY FY FY
― 42 ―
〔Public and Corporate Bonds・Stocks〕 〔Business Failures〕
Jan.4, 1968 May.16, 1949=100 =176.21
CY * 1970 330.0 86.7 280.9 557.5 2,967.7 163.48 138 3.47 2,193.21 164,198.3 335.7 11,589 447.9 9,765 14.5 729.2 32.9CY * 1975 4,820.7 239.3 489.9 1,465.1 7,851.9 312.06 179 2.31 4,243.05 426,638.3 349.6 14,477 1,055.7 12,606 7.9 1,914.6 16.1CY * 1980 13,365.7 724.3 1,539.0 1,048.5 13,520.5 474.00 352 1.63 6,870.16 938,684.2 528.0 16,635 1,446.2 17,884 11.5 2,722.4 24.2CY * 1985 21,133.1 766.2 2,454.8 789.5 23,055.1 997.72 415 0.99 12,565.62 2,110,433.3 524.3 15,337 1,861.2 18,812 -9.7 4,235.6 16.2CY * 1990 36,277.5 996.3 1,774.1 1,834.0 45,523.9 2,177.96 484 0.52 29,437.17 4,033,427.1 699.3 5,292 1,000.8 6,468 -10.5 1,995.8 61.9CY * 1995 65,677.7 1,967.0 2,952.8 5,046.2 42,594.6 1,378.93 357 0.92 17,329.70 1,367,459.9 548.7 10,742 2,496.6 15,108 7.4 9,241.1 64.1CY 2000 105,996.1 2,200.0 4,854.7 7,975.1 20,979.8 1,545.22 684 0.98 17,145.01 781,782.4 299.1 12,160 3,185.4 18,769 22.2 23,885.0 75.3CY 2001 133,970.4 2,299.0 4,815.2 8,272.4 18,697.9 1,195.10 811 1.22 12,093.56 637,627.2 281.9 11,693 2,577.6 19,164 2.1 16,519.6 -30.8CY 2002 147,832.0 2,582.5 4,216.0 7,151.2 12,991.6 979.49 843 1.41 10,123.14 500,232.5 282.1 10,730 2,655.2 19,087 -0.4 13,782.4 -16.5CY 2003 154,686.5 4,264.9 6,476.6 7,380.8 9,693.4 918.86 1,254 1.42 9,311.42 444,253.6 183.8 8,189 1,626.2 16,255 -14.8 11,581.8 -15.9CY 2004 175,268.1 5,251.5 8,243.9 5,766.5 8,167.7 1,120.07 1,451 1.20 11,179.25 427,064.9 113.3 6,374 1,267.5 13,679 -15.8 7,817.6 -32.5CY 2005 186,155.7 6,152.7 7,821.1 6,851.5 8,454.9 1,270.09 2,075 1.14 12,422.58 363,760.7 72.4 5,489 1,003.4 12,998 -4.9 6,703.4 -14.2CY 2006 175,683.9 6,031.1 4,434.2 6,544.5 7,227.6 1,625.92 1,927 1.10 16,110.38 326,391.8 130.1 5,227 1,014.5 13,245 1.9 5,500.5 -17.9CY 2007 140,455.1 5,703.8 4,461.5 9,186.3 6,533.2 1,663.69 2,228 1.30 16,996.33 317,128.7 213.6 5,257 1,125.7 14,091 6.3 5,727.9 4.1CY 2008 125,751.8 5,873.6 4,494.4 8,842.8 5,862.0 1,187.82 2,211 1.99 12,150.80 298,333.8 222.9 5,687 1,534.7 15,646 11.0 12,291.9 114.5CY 2009 145,660.1 7,439.5 4,925.6 11,393.1 4,406.6 869.33 2,272 2.30 9,346.11 260,268.7 142.3 4,568 1,338.8 15,480 -1.0 6,930.0 -43.6CY 2010 165,823.5 7,608.1 4,540.1 9,558.9 3,902.4 885.43 2,089 2.04 10,006.49 273,409.6 137.9 3,135 816.8 13,321 -13.9 7,160.7 3.3CY 2011 164,064.4 6,654.9 3,153.5 8,283.5 3,499.5 820.80 2,141 2.12 9,425.42 280,724.5 69.1 2,609 680.7 12,734 -4.4 3,592.9 -49.8CY 2012 172,248.9 6,771.6 4,700.0 8,209.9 3,172.5 768.64 2,096 2.23 9,102.56 272,409.3 83.8 2,390 555.4 12,124 -4.7 3,834.5 6.7CY 2013 181,032.2 7,079.6 4,873.1 8,659.3 2,634.7 1,125.94 3,436 1.70 13,577.87 269,759.5 101.6 1,820 399.0 10,855 -10.4 2,782.3 -27.4CY 2014 175,848.9 6,880.8 4,600.7 8,397.8 2,482.7 1,263.58 2,512 1.62 15,460.43 238,404.6 133.5 1,465 331.8 9,731 -10.3 1,874.0 -32.6CY 2015 174,508.8 6,849.9 3,134.7 6,848.2 2,470.1 1,554.16 2,541 1.51 19,203.77 209,781.5 202.6 1,236 280.3 8,812 -9.4 2,112.3 12.7CY 2016 168,854.8 6,346.1 3,335.6 10,615.9 1,865.7 1,355.93 2,423 1.84 16,920.48 162,578.1 261.1 1,062 244.9 8,446 -4.2 2,006.1 -5.0
2015．Oct.-Dec. 45,280.5 1,958.9 870.0 1,588.0 587.5 1,545.47 2,359 1.56 19,035.47 48,328.7 16.2 296 64.7 2,152 -3.1 633.2 51.5
2016．Jan.-Mar. 43,074.4 1,449.7 865.6 1,903.0 533.6 1,364.04 2,800 1.74 16,843.02 48,864.4 36.1 275 84.4 2,144 -5.6 466.3 -14.0
2016．Apr.-June 41,589.3 1,631.1 810.0 1,988.3 457.6 1,318.39 2,377 2.01 16,393.84 41,217.4 30.5 276 59.2 2,129 -7.2 327.2 -26.8
2016．July-Sept. 42,197.2 1,491.3 1,020.0 4,615.5 451.8 1,309.69 2,123 1.93 16,500.01 37,407.4 151.3 272 57.1 2,088 -0.1 335.3 -31.3
2016．Oct.-Dec. 41,993.9 1,774.0 640.0 2,109.1 422.7 1,432.37 2,398 1.71 17,951.93 35,088.7 43.2 239 44.1 2,086 -3.0 877.3 38.5
2017．Jan.-Mar. 42,221.0 1,352.9 636.9 2,700.0 405.9 1,541.84 2,113 1.70 19,245.01 34,169.2 44.3 237 46.2 2,079 -3.0 411.1 -11.8
2017．Apr.-June 40,675.0 P 1,422.5 P 531.9 P 2,819.4 439.4 1,558.25 2,100 1.70 19,520.43 36,881.5 43.2 242 50.6 2,188 2.7 1,799.3 449.8
2016． June 14,470.6 607.0 310.0 1,023.5 164.9 1,288.83 2,287 2.01 16,068.81 14,878.0 19.8 79 22.4 763 -7.4 108.0 -14.8
2016． July 14,306.0 504.0 180.0 1,780.0 144.4 1,291.30 2,308 1.92 16,168.32 11,658.2 56.9 103 16.6 712 -9.5 124.0 3.2
2016． Aug. 14,402.8 343.0 500.0 541.0 127.7 1,303.93 2,021 1.98 16,586.07 13,036.0 41.8 97 24.2 726 14.8 126.0 28.7
2016． Sept. 13,488.4 644.3 340.0 2,294.5 179.7 1,334.42 2,048 1.93 16,737.04 12,713.1 52.6 72 16.4 650 -3.4 85.3 -68.5
2016． Oct. 14,121.5 606.2 290.0 835.0 138.3 1,360.45 1,975 1.83 17,044.51 10,512.1 20.7 71 11.6 683 -7.9 111.2 4.7
2016． Nov. 13,369.3 616.5 130.0 345.1 126.5 1,409.47 2,716 1.77 17,689.54 11,296.8 7.1 68 15.8 693 -2.5 594.4 319.6
2016． Dec. 14,503.1 551.4 220.0 929.0 157.9 1,522.68 2,498 1.71 19,066.03 13,279.7 15.4 100 16.7 710 1.5 171.6 -55.4
2017． Jan. 14,441.9 441.4 290.0 738.0 122.3 1,534.42 2,125 1.71 19,194.06 10,761.2 7.8 72 13.0 605 -10.3 128.4 1.2
2017． Feb. 14,140.3 486.5 180.0 555.0 122.3 1,537.60 2,176 1.68 19,188.73 10,279.1 14.5 73 12.1 688 -4.8 115.8 -29.1
2017． Mar. 13,638.8 425.0 166.9 1,407.0 161.3 1,552.10 2,045 1.70 19,340.18 13,128.8 22.0 92 21.1 786 5.3 166.8 -5.1
2017． Apr. 12,895.9 P 511.0 P 185.0 P 857.4 155.8 1,494.81 2,139 1.70 18,736.39 10,071.2 1.5 84 16.4 680 -2.1 104.0 0.6
2017． May 12,639.6 P 574.0 P 320.0 P 722.0 120.2 1,571.62 2,127 1.76 19,726.76 13,289.2 26.8 79 15.8 802 19.5 106.9 -7.7
2017． June 13,179.9 P 517.0 P 350.0 P 1,426.4 131.8 1,603.77 2,041 1.70 20,045.63 13,521.0 15.0 79 18.4 706 -7.4 1,588.3 1369.72017． July 1,620.17 1,927 1.66 20,044.86 9,148.0 3.4 81 12.9 714 0.2 109.8 -11.3
(※) Stock Prices and Yields (Nikkei Average): After large replacement of brand components on 24th April, 2000, (※) Suspension of Business Transactions with Banks: Since April 2007, index is discontinuous as for continuously and simply comparing before replacement with after replacement. figures are not series, because survey methodology has been changed. Tokyo Stock Price Index: Average figures are calculated by Policy Planning and Research Division , Minister's Secretariat , Ministry of Finance.
Clearing ofChecks and Bills
ReturnedChecks
and Bills
Suspension of BusinessTransactions with Banks (※) Business Failures
GovernmentBonds
LocalGovernment
Bonds
GovernmentGuaranteed
Bonds
StraightCorporate
BondsTokyo StockPrice Index
Daily AverageTradingVolume
Average Yield of Divided
PayingCompanies
(End of Month)
NikkeiAverage（※）
Issues of Public and Corporate Bonds Stock Prices and Yields (Average)
Tokyo ★ ★
Billion Yen Million Shares % Billion Yen Case Billion Yen Case
BankDebentures
Tokyo Stock Exchange (1st Section) All Clearing
Houses
TotalAmount ofLiabilities
Numberof Cases
TotalLiabilities
% Billion Yen %
Released by Japan Securities Dealers Association Tokyo Stock Exchange Tokyo Clearing House Japanese BankersAssociation Tokyo Shoko Research Co. Ltd.
― 43 ―
〔Industrial Production, Producer Shipments, Producer Inventory, and Capital Utilization〕
● ● ● ◎ ●
CY * 1970 － － - - － － － － － － － － － － － － －CY * 1975 － － - - － － － － － － － － － － － － －CY * 1980 71.7 4.7 - - 74.7 192.9 68.1 76.3 60.0 68.2 2.8 105.8 8.4 95.3 8.9 82.6 120.3CY * 1985 84.9 3.7 - - 96.1 168.0 93.5 86.5 71.4 78.9 3.5 105.5 3.5 96.8 4.3 93.3 119.6CY * 1990 105.8 4.0 - - 131.7 203.6 111.8 101.9 88.2 99.7 4.9 114.6 -0.7 89.1 -1.2 101.5 124.5CY * 1995 101.2 3.3 - - 117.0 184.2 93.9 102.9 88.7 96.5 2.6 127.1 5.6 103.2 1.7 105.9 108.5CY 2000 105.9 5.7 - - 121.6 157.4 105.6 101.4 97.4 104.1 5.9 117.4 2.1 101.1 -3.1 104.7 109.1CY 2001 98.7 -6.8 - - 112.8 147.1 101.2 100.5 88.5 97.5 -6.3 116.5 -0.8 111.5 10.3 102.6 100.8CY 2002 97.5 -1.2 - - 102.3 138.1 99.6 98.3 91.0 97.3 -0.2 107.2 -8.0 103.0 -7.6 99.1 101.9CY 2003 100.4 3.0 - - 103.6 133.4 101.2 98.3 96.1 100.6 3.4 104.1 -2.9 98.0 -4.9 96.7 106.4CY 2004 105.2 4.8 - - 117.7 131.9 102.8 99.1 100.8 105.5 4.8 104.0 -0.1 93.8 -4.3 96.0 111.3CY 2005 106.7 1.4 - - 122.2 128.8 106.2 96.5 102.5 107.0 1.4 108.9 4.7 96.2 2.6 96.3 112.7CY 2006 111.4 4.5 - - 127.3 127.4 115.3 98.5 107.6 111.9 4.6 112.8 3.6 96.3 0.1 97.8 115.8CY 2007 114.6 2.8 - - 131.0 122.9 119.3 99.7 111.7 115.3 3.1 114.2 1.2 96.5 0.3 100.1 116.8CY 2008 110.7 -3.4 - - 122.3 118.3 115.5 100.8 107.1 110.6 -4.1 121.9 6.7 105.7 9.5 101.7 111.5CY 2009 86.5 -21.8 - - 82.3 101.9 83.9 99.4 83.6 86.6 -21.7 100.5 -17.6 127.2 20.3 100.3 83.6CY 2010 100.0 15.6 - - 100.0 100.0 100.0 100.0 100.0 100.0 15.4 102.9 2.4 100.0 -21.4 99.9 100.0CY 2011 97.2 -2.8 - - 105.2 99.7 88.3 98.9 95.6 96.3 -3.7 105.0 2.0 108.1 8.1 99.8 95.7CY 2012 97.8 0.6 - - 102.8 102.1 93.5 99.6 96.0 97.5 1.2 110.5 5.2 113.2 4.7 98.2 97.8CY 2013 97.0 -0.8 - - 100.5 104.5 89.3 99.2 96.1 96.9 -0.6 105.7 -4.3 109.0 -3.7 97.1 97.3CY 2014 99.0 2.1 - - 107.6 102.5 88.4 99.0 98.0 98.2 1.3 112.3 6.2 109.8 0.7 95.3 101.3CY 2015 97.8 -1.2 - - 105.8 98.3 84.0 99.3 97.7 96.9 -1.3 112.3 0.0 114.2 4.0 95.0 98.7CY 2016 97.7 -0.1 - - 104.6 96.6 85.4 103.2 96.6 96.3 -0.6 106.4 -5.3 114.2 0.0 94.5 97.72015． Oct.-Dec. 98.4 -0.8 97.1 0.1 102.9 98.0 84.8 100.9 96.9 96.6 0.4 112.7 -0.5 114.9 0.2 95.0 97.92016． Jan.-Mar. 97.6 -1.4 96.2 -0.9 102.3 98.8 84.1 101.9 95.2 94.8 -1.9 114.2 1.3 116.8 1.7 94.8 96.12016． Apr.-June 94.3 -1.8 96.5 0.3 103.3 96.2 83.5 103.7 95.1 95.3 0.5 112.4 -1.6 116.0 -0.7 94.6 96.32016． July-Sept. 98.2 0.4 98.0 1.6 105.2 95.4 86.1 103.2 96.7 96.3 1.0 109.9 -2.2 114.3 -1.5 94.5 98.02016． Oct.-Dec. 100.5 2.1 99.8 1.8 107.8 96.6 88.0 103.4 99.0 98.6 2.4 107.3 -2.4 109.7 -4.0 94.5 100.12017． Jan.-Mar. 101.3 3.8 100.0 0.2 106.7 97.6 86.0 105.3 100.0 98.5 -0.1 109.7 2.2 111.5 1.6 94.1 99.82017． Apr.-June 99.8 5.8 102.1 2.1 109.0 98.2 89.1 106.6 101.5 100.0 1.5 109.1 -0.5 112.5 0.9 94.2 101.92016． May 89.3 -0.6 95.6 -1.2 103.6 94.2 83.0 102.1 94.3 94.7 -0.7 112.8 0.2 116.7 0.7 94.6 95.92016． June 100.6 -1.6 97.0 1.5 104.1 97.8 84.1 102.8 95.7 95.7 1.1 112.4 -0.4 115.4 -1.1 94.6 96.62016． July 98.7 -4.2 97.0 0.0 103.8 96.1 86.6 102.8 95.5 96.0 0.3 110.5 -1.7 116.1 0.6 94.4 97.22016． Aug. 92.5 4.5 98.3 1.3 105.1 96.4 86.2 103.8 96.9 96.2 0.2 110.5 0.0 113.2 -2.5 94.4 99.22016． Sept. 103.5 1.5 98.6 0.3 106.6 93.7 85.5 103.0 97.6 96.8 0.6 109.9 -0.5 113.5 0.3 94.5 97.62016． Oct. 98.9 -1.2 98.9 0.3 106.3 96.0 86.8 104.9 97.7 97.9 1.1 108.5 -1.3 112.2 -1.1 94.5 98.72016． Nov. 101.7 4.4 99.9 1.0 108.5 96.7 88.3 102.0 99.2 98.9 1.0 106.6 -1.8 108.0 -3.7 94.5 100.52016． Dec. 100.8 3.1 100.6 0.7 108.5 97.1 88.8 103.3 100.2 98.9 0.0 107.3 0.7 108.9 0.8 94.5 101.12017． Jan. 93.1 3.2 98.5 -2.1 105.8 97.5 84.0 103.3 98.5 97.8 -1.1 107.4 0.1 111.6 2.5 94.4 98.32017． Feb. 98.9 4.7 101.7 3.2 109.5 98.2 88.0 107.2 101.2 99.2 1.4 108.1 0.7 111.3 -0.3 94.4 101.42017． Mar. 112.0 3.5 99.8 -1.9 104.8 97.2 86.1 105.3 100.2 98.4 -0.8 109.7 1.5 111.5 0.2 94.1 99.82017． Apr. 98.2 5.7 103.8 4.0 112.7 99.1 93.1 107.2 103.0 101.1 2.7 111.3 1.5 114.7 2.9 94.0 104.12017． May 95.1 6.5 100.1 -3.6 109.3 94.3 82.9 106.7 99.7 98.2 -2.9 111.3 0.0 112.5 -1.9 94.1 99.82017． June 106.1 5.5 102.3 2.2 111.5 99.2 86.9 106.0 101.8 100.7 2.5 109.1 -2.0 110.4 -1.9 94.2 101.9
(※) Base year changed in June 2013. The figures of before 2008, Conected Indices base year was 2010.
Index ofProducers'Inventory ofFinished Goods(End of Year orMonth)
Index ofProducers'Inventory Ratio ofFinished Goods
Index ofManufacturingProductionCapacity (Endof Year orMonth)
Special Group
◎
● ●
ProducerGoods
2010＝100 (※) ％
Released by Ministry of Economy, Trade and Industry
☆（★）
☆（★）
☆（★）
★ Index ☆CapitalGoods
ConstructionGoods
DurableConsumerGoods
NondurableConsumerGoods
Index ofManufacturingOperating rate
Index of Industrial Production Index ofProducers'Shipments
― 44 ―
〔Orders and Housing〕
CY * 1970 6,468.4 － 3,938.1 2,992.5 － 2,015.7 － 987.4 － 3,441.2 － － 1,485 12.0 - - － － －
CY * 1975 8,441.0 5.5 3,920.7 3,317.2 2.1 1,794.6 -2.3 1,529.5 9.1 5,947.2 － － 1,356 -1.8 - - － － －
CY * 1980 14,153.4 12.6 7,197.6 5,437.2 19.9 2,935.0 26.6 2,524.3 13.6 9,017.5 － － 1,269 -15.0 - - -14.5 -22.7 -7.3
CY * 1985 16,250.0 1.1 8,082.2 6,659.7 7.6 3,752.2 6.8 2,923.7 8.6 12,048.3 6,139.3 － 1,236 4.1 - - -1.1 13.5 -3.0
CY * 1990 28,030.5 10.3 16,429.3 14,367.0 10.4 7,289.8 9.4 7,097.7 11.2 25,551.1 15,569.0 33.1 1,707 2.7 - - -3.4 -1.3 21.8
CY * 1995 25,713.5 4.1 14,108.1 11,667.2 6.7 5,015.7 7.4 6,661.4 6.4 19,452.4 8,808.6 -1.0 1,470 -6.4 - - -6.1 -7.0 -5.6
CY 2000 26,300.5 13.8 13,309.7 12,055.8 19.0 5,141.9 21.7 6,927.1 16.8 15,943.9 7,529.6 1.1 1,230 1.3 - - -4.9 -0.7 14.1
CY 2001 24,742.5 -5.9 13,105.7 11,351.2 -5.8 4,291.6 -16.5 7,074.5 2.1 14,338.3 6,624.5 -12.0 1,174 -4.6 - - -14.3 4.0 -1.8
CY 2002 22,040.4 -10.9 11,182.3 9,987.5 -12.0 3,777.8 -12.0 6,250.1 -11.7 12,986.2 5,687.2 -14.1 1,151 -1.9 - - -4.9 2.7 -4.4
CY 2003 25,357.1 15.0 12,247.5 11,054.5 10.7 4,408.9 16.7 6,665.3 6.6 12,534.6 6,091.3 7.1 1,160 0.8 - - 1.3 0.3 0.8
CY 2004 26,432.7 4.2 12,534.0 11,544.2 4.4 4,984.7 13.1 6,583.6 -1.2 13,061.1 6,805.2 11.7 1,189 2.5 - - -0.8 3.0 5.8
CY 2005 27,583.4 4.4 13,354.4 12,364.9 7.1 5,416.6 8.7 6,975.5 6.0 13,896.6 6,911.1 1.6 1,236 4.0 - - -4.5 8.5 6.8
CY 2006 29,488.5 - 13,070.8 11,676.4 - 5,844.7 - 5,858.2 - 13,621.4 7,321.5 5.9 1,290 4.4 - - 1.5 7.8 2.7
CY 2007 29,715.0 0.8 12,501.1 11,179.2 -4.3 5,624.7 -3.8 5,598.6 -4.4 13,794.6 8,006.8 9.4 1,061 -17.8 - - -12.2 -18.7 -22.3
CY 2008 28,101.7 -5.4 12,320.6 10,596.5 -5.2 5,084.2 -9.6 5,575.4 -0.4 14,005.6 8,073.9 0.8 1,094 3.1 - - 1.2 5.2 1.8
CY 2009 19,084.4 -32.1 9,415.6 7,711.9 -27.2 2,930.5 -42.4 4,812.8 -13.7 10,040.6 5,660.2 -29.9 788 -27.9 - - -10.6 -30.8 -43.7
CY 2010 23,218.4 21.7 10,193.2 8,255.5 7.0 3,563.1 21.6 4,713.1 -2.1 10,246.6 5,690.4 0.5 813 3.1 - - 7.2 -7.3 19.6
CY 2011 24,787.4 6.8 10,928.9 8,896.1 7.8 3,933.7 10.4 4,986.6 5.8 10,657.7 6,021.4 5.8 834 2.6 - - 0.1 -4.1 16.2
CY 2012 23,733.7 -4.3 10,381.5 8,813.4 -0.9 3,659.2 -7.0 5,173.5 3.7 11,000.0 6,037.7 0.3 883 5.8 - - 2.0 11.4 5.2
CY 2013 25,604.1 7.9 10,973.7 9,323.2 5.8 3,685.8 0.7 5,676.4 9.7 13,207.6 7,426.9 23.0 980 11.0 - - 13.9 11.8 6.9
CY 2014 27,891.9 8.9 11,603.4 9,692.0 4.0 4,103.6 11.3 5,628.4 -0.8 13,928.6 6,796.2 -8.5 892 -9.0 - - -19.6 1.7 -10.0
CY 2015 28,606.6 2.6 12,420.6 10,089.1 4.1 4,369.8 6.5 5,748.3 2.1 14,124.0 8,071.6 18.8 909 1.9 - - -0.7 4.6 1.6
CY 2016 27,190.7 -4.9 12,640.8 10,260.0 1.7 4,301.0 -1.6 5,985.4 4.1 14,699.1 8,352.8 3.5 967 6.4 - - -73.2 10.5 3.9
2015． Oct.-Dec. 7,259.5 3.8 3,153.3 2,504.5 2.9 1,047.7 -0.9 1,460.1 6.8 3,280.3 1,811.7 5.1 232 -0.7 882 -3.6 0.2 1.3 -3.6
2016． Jan.-Mar. 6,833.4 -5.9 3,349.0 2,609.9 4.2 1,128.4 7.7 1,498.8 2.7 4,240.1 2,263.3 -3.8 216 5.5 944 7.1 1.7 6.0 9.3
2016． Apr.-June 6,468.5 -5.3 2,964.5 2,441.8 -6.4 1,032.1 -8.5 1,446.2 -3.5 3,385.4 2,101.1 9.2 247 4.9 991 5.0 2.1 11.0 -0.5
2016． July-Sept. 6,396.4 -1.1 3,039.5 2,577.1 5.5 1,052.0 1.9 1,535.3 6.2 3,620.4 1,999.5 0.9 253 7.1 980 -1.2 3.9 11.2 3.6
2016． Oct.-Dec. 7,253.0 13.4 3,370.2 2,585.9 0.3 1,080.0 2.7 1,520.2 -1.0 3,453.3 1,988.9 9.8 251 7.9 953 -2.8 4.6 13.0 3.8
2017． Jan.-Mar. 6,679.8 -7.9 2,884.1 2,550.7 -1.4 1,034.6 -4.2 1,520.6 0.0 4,331.7 2,308.5 2.0 223 3.2 975 2.3 -0.8 10.0 -2.0
2017． Apr.-June 6,791.8 1.7 2,858.8 2,431.4 -4.7 1,073.3 3.7 1,369.6 -9.9 3,407.8 2,340.0 11.4 250 1.1 1,002 2.7 -0.5 0.3 4.7
2016． May 2,053.7 -8.8 968.5 789.3 -2.2 336.7 0.0 480.8 1.0 1,102.2 768.2 57.3 79 9.8 1,001 1.6 4.3 15.0 7.9
2016． June 2,164.1 5.4 1,011.9 845.5 7.1 358.7 6.5 489.4 1.8 1,299.3 750.3 2.9 86 -2.5 988 -1.3 1.1 3.7 -15.2
2016． July 2,162.0 -0.1 1,025.2 893.2 5.6 362.1 0.9 521.2 6.5 906.1 629.5 4.0 85 8.9 996 0.8 6.0 11.1 9.1
2016． Aug. 2,123.6 -1.8 1,023.3 840.6 -5.9 350.8 -3.1 505.2 -3.1 1,044.4 569.0 5.4 82 2.5 961 -3.5 4.3 9.9 -12.7
2016． Sept. 2,110.8 -0.6 991.0 843.2 0.3 339.1 -3.3 508.9 0.7 1,669.9 800.9 -4.3 86 10.0 981 2.1 1.4 12.6 17.0
2016． Oct. 2,169.9 2.8 1,042.6 872.1 3.4 340.5 0.4 522.7 2.7 1,008.4 601.6 19.8 87 13.1 981 -0.1 4.9 22.0 9.3
2016． Nov. 2,599.0 19.8 1,126.6 847.8 -2.8 368.3 8.1 493.5 -5.6 944.5 571.3 7.4 85 6.7 954 -2.7 2.7 15.3 -1.8
2016． Dec. 2,484.0 -4.4 1,200.9 866.0 2.1 371.1 0.8 504.0 2.1 1,500.4 816.0 5.0 78 3.9 923 -3.2 6.5 2.2 4.6
2017． Jan. 2,236.9 -10.0 922.0 837.9 -3.2 330.9 -10.8 507.6 0.7 917.7 529.2 14.8 76 12.8 1,001 8.4 -0.2 12.0 27.3
2017． Feb. 2,207.5 -1.3 1,045.9 850.5 1.5 350.8 6.0 516.6 1.8 1,046.8 554.6 -8.1 71 -2.6 940 -6.1 1.6 6.8 -17.9
2017． Mar. 2,235.5 1.3 916.3 862.3 1.4 352.9 0.6 496.4 -3.9 2,367.2 1,224.7 2.1 76 0.2 984 4.7 -3.6 11.0 -10.8
2017． Apr. 2,296.6 2.7 928.7 835.9 -3.1 361.8 2.5 471.5 -5.0 981.9 560.7 -3.8 84 1.9 1,004 2.0 0.8 1.9 2.9
2017． May 2,224.6 -3.1 944.2 805.5 -3.6 365.6 1.0 447.3 -5.1 1,097.0 630.0 -18.0 78 -0.3 998 -0.6 1.5 1.6 -3.9
2017． June 2,270.6 2.1 985.9 790.0 -1.9 345.8 -5.4 450.8 0.8 1,328.9 808.1 7.7 87 1.7 1,003 0.6 -3.4 -2.6 15.5
(※) Orders Received for Machinery (280 Companies): Before March 1987, base was 178 Companies. In April 2005, the seasonal adjustments in the survey are made using the Census Bureau method (X-11 of X-12-ARIMA Since 2006 ,"mobile phone" has been excluded Orders Received for Construction (50 Companies): After April 1985, base was changed from 43 Companies to 50 Companies
Orders Received for Construction( 50 Companies) (※) New Construction Starts of Dwellings
Total
DemandbyPrivateSector
Total NumberSeasonallyAdjustedAnnualRates
With inexceptShips・Electricity☆ ☆ ☆ ☆
Orders Received for Machinery (280 Companies) ● (※)
OwnHouse
RentedHouse
Condo-minium
byManufac-turingindustries
by Nonmanufacturingindustries(except Ships・Electricity)
PrivateNon-Residence
Billion Yen ％
★ ★ ☆
Thousand of Units ％ ★ ％
Released by Cabinet Office Ministry of Land, Infrastructure and Transport
Billion Yen ％ Billion Yen ％Thousandof Units ％Billion Yen ％ Billion Yen ％
― 45 ―
〔Labour and Wages〕
□
CY * 1970 19.2 － － 16.7 17.5 78.8 － 131.2 3.8 - 132.5 － 107.6 -4.4 - 5,153 5,094 3,306 59 1.1 1.41 1.61* 1975 45.3 14.8 2.7 38.1 11.5 80.5 -1.6 122.6 -5.2 - 81.8 -16.7 52.4 -24.2 - 5,323 5,223 3,646 100 1.9 0.61 0.97* 1980 66.3 6.3 -1.6 56.7 7.5 84.4 1.5 117.0 1.0 - 106.3 1.8 93.0 6.8 - 5,650 5,536 3,971 114 2.0 0.75 1.07* 1985 79.6 2.8 0.7 69.0 3.1 88.6 1.0 121.7 1.6 - 114.6 1.8 102.9 0.9 - 5,963 5,807 4,313 156 2.6 0.68 0.97* 1990 101.9 － － 83.4 － 82.3 － 134.8 － - 123.4 － 112.2 － - 6,384 6,249 4,835 134 2.1 1.40 2.07* 1995 111.7 1.1 1.4 92.1 2.9 89.9 0.6 132.0 -1.4 - 89.3 2.0 77.6 9.1 - 6,666 6,457 5,263 210 3.2 0.63 1.06
2000 111.7 0.1 0.9 96.1 1.6 90.5 -0.3 118.3 -2.6 - 91.3 4.4 88.2 13.4 - 6,766 6,446 5,356 320 4.7 0.59 1.052001 109.9 -1.6 -0.6 95.8 -0.3 90.2 -0.4 114.8 -3.1 - 87.6 -4.1 81.3 -7.9 - 6,752 6,412 5,369 340 5.0 0.59 1.012002 106.7 -2.9 -1.9 94.6 -1.3 89.3 -1.0 109.0 -5.0 - 88.6 1.1 84.6 4.1 - 6,689 6,330 5,331 359 5.4 0.54 0.932003 105.8 -0.7 -0.5 96.3 1.8 88.5 -0.9 105.9 -2.8 - 92.8 4.6 93.2 10.1 - 6,666 6,316 5,335 350 5.3 0.64 1.072004 105.1 -0.7 -0.7 97.9 1.6 88.6 0.1 104.6 -1.3 - 95.9 3.3 99.9 7.3 - 6,642 6,329 5,355 313 4.7 0.83 1.292005 105.8 0.6 1.0 98.9 1.0 88.7 0.1 104.3 -0.3 - 97.0 1.1 99.7 -0.3 - 6,650 6,356 5,393 294 4.4 0.95 1.462006 106.0 0.3 0.0 100.1 1.3 89.2 0.6 104.6 0.3 - 99.5 2.6 104.2 4.5 - 6,664 6,389 5,478 275 4.1 1.06 1.562007 104.9 -1.0 -1.1 99.7 -0.5 91.3 2.3 105.1 0.5 - 100.8 1.3 104.5 0.3 - 6,684 6,427 5,537 257 3.9 1.04 1.522008 104.6 -0.3 -1.8 100.1 0.4 93.4 2.3 105.5 0.4 - 99.2 -1.5 96.8 -7.3 - 6,674 6,409 5,546 265 4.0 0.88 1.252009 100.5 -3.9 -2.6 93.1 -6.9 94.2 0.9 102.8 -2.7 - 84.5 -14.9 66.0 -31.9 - 6,650 6,314 5,489 336 5.1 0.47 0.792010 101.0 0.5 1.3 96.8 3.9 94.5 0.4 101.8 -0.8 - 93.0 10.1 88.2 33.7 - 6,632 6,298 5,500 334 5.1 0.52 0.892011 100.8 -0.2 0.1 98.8 2.0 95.2 0.7 101.5 -0.3 - 93.9 1.0 89.8 1.8 - 6,596 6,293 5,512 302 4.6 0.65 1.052012 100.0 -0.9 -0.9 98.6 -0.2 95.8 0.7 101.2 -0.3 - 94.6 0.7 91.4 1.8 - 6,565 6,280 5,513 285 4.3 0.80 1.282013 99.6 -0.4 -0.9 97.9 -0.7 96.6 0.8 100.0 -1.2 - 97.1 2.7 93.8 2.6 - 6,593 6,326 5,567 265 4.0 0.93 1.462014 100.0 0.4 -2.8 99.6 1.8 98.0 1.5 99.6 -0.4 - 101.0 4.0 99.5 6.1 - 6,609 6,371 5,613 236 3.6 1.09 1.662015 100.0 0.1 -0.9 100.0 0.4 100.0 2.1 100.0 0.4 - 100.0 -1.0 100.0 0.4 - 6,625 6,401 5,663 222 3.4 1.20 1.802016 100.6 0.5 0.7 100.6 0.6 102.1 2.1 100.4 0.4 - 98.5 -1.5 98.3 -1.7 - 6,673 6,465 5,750 208 3.1 1.36 2.04
2015． Oct.-Dec. 115.4 0.2 -0.1 118.5 1.3 100.9 2.2 100.1 0.6 0.1 102.4 -0.9 103.4 0.2 -0.4 6,633 6,425 5,714 216 3.3 1.26 1.892016． Jan.-Mar. 86.1 0.7 0.5 82.7 0.8 100.6 2.1 99.7 0.5 0.0 98.5 -2.1 97.6 -3.2 -1.7 6,601 6,388 5,703 213 3.2 1.29 1.972016． Apr.-June 103.5 0.6 1.1 98.0 0.2 102.0 2.0 100.9 0.5 0.2 98.2 -1.2 95.5 -1.9 -0.4 6,688 6,471 5,733 204 3.1 1.35 2.042016． July-Sept. 96.8 0.5 1.2 102.4 0.8 102.7 2.2 100.6 0.3 0.0 96.1 -1.5 96.9 -1.6 0.9 6,712 6,505 5,759 207 3.1 1.37 2.062016． Oct.-Dec. 115.9 0.4 0.1 119.1 0.6 103.2 2.2 100.6 0.5 0.3 101.2 -1.2 103.2 -0.2 0.9 6,691 6,496 5,805 204 3.0 1.41 2.152017． Jan.-Mar. 86.3 0.2 -0.1 83.6 1.1 102.9 2.3 100.0 0.3 -0.2 99.7 1.2 100.6 3.1 1.6 6,634 6,443 5,758 191 2.9 1.44 2.122017． Apr.-June 104.0 0.5 -0.1 99.5 1.5 104.7 2.6 101.5 0.6 0.5 99.1 0.9 98.3 2.9 -0.5 6,743 6,543 5,800 193 2.9 1.49 2.132016． May 85.6 -0.1 0.4 81.2 -0.2 101.9 2.0 100.8 0.4 0.0 94.9 -1.8 89.4 -2.8 -1.7 6,687 6,471 5,739 212 3.2 1.35 2.062016． June 137.6 1.4 2.0 129.5 0.5 102.4 2.0 100.9 0.5 0.2 96.6 -1.0 96.9 -1.3 2.3 6,733 6,522 5,761 207 3.1 1.36 2.032016． July 119.0 1.2 1.8 140.1 1.0 102.6 2.0 100.7 0.3 -0.1 97.6 -1.9 98.8 -0.6 0.4 6,708 6,504 5,743 202 3.0 1.37 2.032016． Aug. 86.8 0.0 0.6 84.9 0.8 102.7 2.2 100.5 0.2 0.0 93.0 -2.0 93.2 -2.6 -1.0 6,702 6,489 5,743 209 3.1 1.37 2.072016． Sept. 84.5 0.0 0.8 82.3 0.1 102.7 2.2 100.5 0.4 0.1 97.6 -0.9 98.8 -1.8 0.7 6,726 6,522 5,792 202 3.0 1.38 2.102016． Oct. 85.1 0.1 0.0 82.6 0.5 102.9 2.2 100.6 0.5 0.1 100.2 -0.9 100.7 -1.2 0.4 6,715 6,520 5,815 200 3.0 1.40 2.112016． Nov. 87.9 0.5 0.0 87.1 0.7 103.2 2.2 100.6 0.5 0.1 101.2 -0.9 103.8 -0.6 0.3 6,674 6,477 5,779 204 3.1 1.41 2.152016． Dec. 174.6 0.5 0.1 187.5 0.5 103.4 2.2 100.5 0.4 0.0 102.1 -1.8 105.0 1.2 0.7 6,683 6,490 5,820 207 3.1 1.43 2.192017． Jan. 86.1 0.3 -0.1 83.8 1.7 103.2 2.3 100.2 0.3 -0.1 96.4 0.7 93.1 2.0 0.6 6,667 6,470 5,793 198 3.0 1.43 2.132017． Feb. 83.9 0.4 0.0 82.1 1.1 103.0 2.4 100.0 0.3 -0.1 99.1 1.5 104.4 4.3 1.3 6,615 6,427 5,754 190 2.8 1.43 2.122017． Mar. 88.9 0.0 -0.3 84.9 0.5 102.6 2.4 99.9 0.4 0.0 103.6 1.5 104.4 3.1 -1.4 6,621 6,433 5,728 184 2.8 1.45 2.132017． Apr. 87.8 0.5 0.0 84.5 1.3 104.2 2.6 101.5 0.6 0.4 103.6 0.6 103.1 3.0 0.4 6,697 6,500 5,757 186 2.8 1.48 2.132017． May 86.1 0.6 0.0 82.2 1.2 104.7 2.7 101.5 0.7 0.1 96.4 1.6 93.1 4.1 -0.7 6,757 6,547 5,796 205 3.1 1.49 2.312017． June 138.2 0.4 -0.1 131.7 1.7 105.1 2.6 101.5 0.6 0.1 97.3 0.7 98.8 2.0 0.3 6,775 6,583 5,848 189 2.8 1.51 2.25
(※) Base year changed in March 2017. In 1989 and before, enterprises with 30 employees and over.(base year = 2005) Labour Force Survey: The benchmark population for calculating the results of the Labour Force Survey has been revised to the 2015 Census-based population estimates in January 2017.
In order to remove the gaps, data from October 2010 through December 2016 have been adjusted to comparable time-series data responding to the revision. indicates Supplementary-estimated figures (Referential figures:2015-census base). The reason of the treatment is that figures covering
from March through August 2011 for whole Japan were missing due to the damage caused by the Great East Japan Earthquake.
Em-ployeesManu-
facturing★★ ★
Cash Earning Index Employment Index of Regular Employees Index of Nonscheduled Hours Worked
LabourForce
Em-ployed
Enterprises with 5 employees and over.AllIndust-ries
Manu-facturing
AllIndust-ries
Manu-facturing
AllIndust-ries ●
TotallyUnemployed
Unemploymentrate
Ratio ofJob OfferstoApplicants
Rate ofNew JobOffers toNewApplicants
★ ● ☆ ★ ★ ● ☆
2015 = 100 (※) ％ 10 thousand Persons ％ Times
Released by Ministry of Health, Labour and Welfare Ministry of Internal Affairs and Communications Ministry of Health, Labourand Welfare
― 46 ―
〔Consumption・Prices〕
★ ☆ ★ ☆ ☆ ★ ☆
CY * 1970 79,531 10.4 － － － － － － 3.4 - 4.4 - 3.4 - － - － - - - - - - - -
* 1975 157,982 14.7 － － － － － － 2.8 - -3.8 - 8.2 - ND - － 11.7 - 11.9 - 12.2 - 12.6 -
* 1980 230,568 7.4 -0.6 77.9 － － － － 15.0 - 9.1 - 49.4 - ND - － 7.7 - 7.5 - 7.1 - 7.1 -
* 1985 273,114 2.6 0.5 77.5 3.6 － － － -0.8 - -1.4 - -2.4 - ND - 26.50 2.0 - 2.0 - 2.4 - 2.4 -
* 1990 311,174 3.9 0.8 75.3 8.4 6.6 7.8 5.1 1.5 - 2.3 - 8.8 - ND - 20.65 3.1 - 2.7 - 3.0 - 2.7 -
* 1995 329,062 -1.4 -1.1 72.5 0.0 -1.9 -2.1 -1.7 -0.8 - -2.2 - -0.1 - ND - 16.10 -0.1 - 0.0 - -0.3 - -0.1 -2000 317,328 -1.8 -0.9 72.1 -1.5 -4.6 -2.5 -6.4 0.1 - -4.6 - 4.7 - -0.4 - 26.20 -0.7 - -0.4 - -1.0 - -0.7 -2001 309,054 -2.6 -1.7 72.1 -1.9 -3.0 -0.5 -5.0 -2.3 - 3.0 - 2.5 - -2.4 - 22.69 -0.7 - -0.8 - -1.1 - -1.2 -2002 305,953 -1.0 0.1 73.0 -3.3 -2.2 -2.1 -2.2 -2.1 - -1.1 - -1.3 - -2.4 - 23.78 -0.9 - -0.9 - -1.0 - -0.9 -2003 301,841 -1.3 -1.0 74.1 0.1 -3.2 -2.6 -3.7 -0.8 - -4.1 - -0.8 - -1.2 - 26.72 -0.3 - -0.3 - -0.4 - -0.4 -2004 302,975 0.4 0.4 74.3 1.0 -3.5 -2.8 -4.1 1.2 - -1.3 - 4.3 - 0.5 - 33.46 0.0 - -0.1 - -0.1 - -0.2 -2005 300,531 -0.8 -0.4 74.7 1.0 -2.3 -0.5 -3.6 1.7 - 1.9 - 13.1 - 0.6 - 49.44 -0.3 - -0.1 - -0.5 - -0.4 -2006 294,943 -1.9 -2.2 72.5 0.1 -1.2 -0.7 -1.6 2.2 - 3.1 - 14.2 - 1.9 - 61.53 0.3 - 0.1 - 0.1 - 0.0 -2007 297,782 1.0 0.9 73.1 0.4 -1.0 -0.7 -1.3 1.8 - 2.3 - 7.6 - 1.5 - 68.29 0.0 - 0.0 - 0.1 - 0.0 -2008 296,932 -0.3 -1.9 73.4 0.4 -2.5 -4.2 -1.3 4.6 - -6.1 - 8.8 - 4.3 - 93.97 1.4 - 1.5 - 1.0 - 1.0 -2009 291,737 -1.7 -0.2 74.6 -2.2 -7.0 -10.1 -5.0 -5.2 - -10.2 - -24.1 - -4.7 - 61.94 -1.4 - -1.3 - -1.2 - -1.0 -2010 290,244 -0.5 0.3 74.0 2.6 -2.6 -3.0 -2.4 -0.1 - -2.5 - 7.2 - -0.0 - 78.10 -0.7 - -1.0 - -1.0 - -1.2 -2011 282,966 -2.5 -2.2 73.4 -1.0 -1.8 -2.3 -1.5 1.5 - -2.2 - 7.5 - 1.3 - 106.15 -0.3 - -0.3 - -0.5 - -0.4 -2012 286,169 1.1 1.1 73.9 1.8 -0.8 0.4 -1.4 -0.9 - -2.0 - -0.2 - -1.1 - 108.88 0.0 - -0.1 - -0.5 - -0.5 -2013 290,454 1.5 1.0 74.9 1.0 -0.4 1.8 -1.5 1.3 - 11.7 - 14.5 - 1.2 - 105.36 0.4 - 0.4 - 0.1 - 0.1 -2014 291,194 0.3 -2.9 75.3 1.7 0.9 2.1 0.3 3.2 - 3.2 - 4.3 - 3.1 - 96.56 2.7 - 2.6 - 2.3 - 2.2 -2015 287,373 -1.3 -2.3 73.8 -0.4 0.4 0.5 0.3 -2.3 - 1.3 - -11.2 - -2.2 - 51.11 0.8 - 0.5 - 0.7 - 0.6 -2016 282,188 -1.8 -1.7 72.2 -0.6 -0.9 -2.9 0.1 -3.5 - -9.3 - -16.2 - -3.7 - 41.36 -0.1 - -0.3 - -0.2 - -0.3 -
2015． Oct.-Dec. 291,308 -3.0 -3.3 73.0 -0.2 0.4 0.5 0.3 -3.6 -1.3 -4.6 -2.7 -17.1 -5.2 -3.6 -1.3 41.15 0.3 -0.2 0.0 0.0 0.1 -0.1 0.0 0.1
2016． Jan.-Mar. 283,879 -2.5 -2.6 72.6 -0.3 0.6 -1.4 1.7 -3.7 -1.6 -7.5 -4.5 -17.4 -9.9 -3.8 -1.7 30.73 0.0 -0.4 -0.1 -0.7 0.0 -0.3 -0.1 -0.5
2016． Apr.-June 280,600 -1.6 -1.2 72.8 -1.4 -1.4 -4.0 -0.1 -4.5 -0.6 -11.2 -3.2 -19.7 -3.8 -4.6 -0.6 42.99 -0.4 0.3 -0.4 0.4 -0.4 0.3 -0.3 0.4
2016． July-Sept. 273,841 -2.9 -2.4 70.7 -1.3 -2.0 -3.4 -1.2 -3.8 -0.3 -12.8 -2.9 -19.1 -1.7 -3.9 -0.3 43.38 -0.5 -0.2 -0.5 -0.2 -0.5 -0.3 -0.4 -0.3
2016． Oct.-Dec. 290,432 -0.3 -0.7 71.8 0.8 -0.9 -2.8 0.2 -2.1 0.4 -5.9 4.8 -8.9 6.8 -2.2 0.4 47.87 0.3 0.6 -0.3 0.2 0.2 0.6 -0.5 0.1
2017． Jan.-Mar. 279,278 -1.6 -2.0 73.1 1.2 -1.5 -1.2 -1.6 1.0 1.6 2.5 4.0 8.8 7.7 1.2 1.7 52.82 0.3 -0.4 0.2 -0.1 -0.2 -0.7 -0.3 -0.4
2017． Apr.-June 282,596 0.7 0.2 75.3 P 2.5 P 0.2 P 0.9 P -0.1 2.1 0.4 4.3 -1.5 11.8 -1.1 2.4 0.5 49.70 0.4 0.4 0.4 0.6 0.0 0.5 0.0 0.7
2016． June 261,452 -2.7 -2.3 69.6 -1.3 -1.4 -3.6 -0.3 -4.5 0.0 -13.7 -2.0 -21.9 -1.1 -4.7 -0.1 45.83 -0.4 -0.1 -0.4 0.0 -0.4 -0.1 -0.3 -0.1
2016． July 278,067 -0.9 -0.5 70.0 -0.2 0.7 -0.2 1.1 -4.2 -0.1 -13.3 -0.7 -20.9 -0.1 -4.3 0.0 42.62 -0.4 -0.2 -0.5 -0.2 -0.4 -0.3 -0.4 -0.3
2016． Aug. 276,338 -5.1 -4.6 70.7 -2.2 -3.6 -6.0 -2.5 -3.8 -0.3 -13.8 -1.4 -20.4 -1.8 -3.9 -0.3 43.73 -0.5 0.0 -0.5 0.0 -0.5 0.1 -0.4 0.1
2016． Sept. 267,119 -2.6 -2.1 71.6 -1.7 -3.2 -5.0 -2.3 -3.3 0.1 -11.0 0.5 -16.1 1.0 -3.5 0.0 43.74 -0.5 0.2 -0.5 0.0 -0.5 0.1 -0.5 -0.1
2016． Oct. 281,961 -0.2 -0.4 71.1 -0.2 -1.0 -4.0 0.6 -2.7 -0.1 -9.0 1.3 -14.1 1.1 -2.8 0.0 48.26 0.1 0.6 -0.4 0.2 0.1 0.7 -0.4 0.2
2016． Nov. 270,848 -0.9 -1.5 72.4 1.7 -0.3 -2.7 1.1 -2.3 0.4 -6.9 3.1 -9.7 5.9 -2.4 0.4 43.77 0.5 0.0 -0.4 0.0 0.5 -0.1 -0.4 -0.1
2016． Dec. 318,488 0.1 -0.3 71.8 0.7 -1.3 -2.0 -0.9 -1.2 0.7 -1.8 4.7 -2.7 5.0 -1.3 0.7 51.78 0.3 -0.2 -0.2 0.0 0.0 -0.4 -0.6 -0.1
2017． Jan. 279,249 -0.6 -1.2 71.0 1.0 -1.1 -1.2 -1.1 0.5 0.6 0.8 0.0 4.5 1.8 0.6 0.7 53.37 0.4 -0.2 0.1 -0.2 0.1 -0.4 -0.3 -0.4
2017． Feb. 260,644 -3.4 -3.8 75.4 0.2 -2.7 -1.8 -3.1 1.1 0.3 2.6 -0.4 9.8 0.4 1.2 0.3 54.17 0.3 -0.1 0.2 0.0 -0.3 -0.1 -0.3 0.1
2017． Mar. 297,942 -1.0 -1.3 72.8 2.1 -0.8 -0.7 -0.9 1.4 0.2 3.9 0.5 12.4 0.9 1.7 0.3 51.16 0.2 0.1 0.2 0.2 -0.4 0.1 -0.4 0.2
2017． Apr. 295,929 -0.9 -1.4 73.1 3.2 1.1 1.0 1.1 2.1 0.2 3.0 -2.0 11.2 -2.0 2.3 0.2 52.45 0.4 0.4 0.3 0.4 -0.1 0.4 -0.1 0.4
2017． May 283,056 0.4 -0.1 78.8 2.1 -0.6 0.1 -0.9 2.1 0.0 4.4 1.0 12.5 1.2 2.3 0.0 50.31 0.4 0.1 0.4 0.2 0.1 0.2 0.1 0.2
2017． June 268,802 2.8 2.3 74.1 P 2.1 P 0.2 P 1.5 P -0.4 2.2 0.1 5.6 -0.8 11.8 -1.7 2.6 0.2 46.44 0.4 -0.1 0.4 -0.1 0.1 -0.2 0.0 -0.2
2017．P July 2.6 0.3 7.7 1.3 11.9 0.0 2.8 0.2 47.63 P 0.1 -0.2 0.2 -0.1
Bloomberg
(※) Current Survey of Commerce: Data is compared to them of previous year or month after store adjustment. (※) Consumer Price Index: Base year changed in August 2011. Corporate Goods Price Index: Changed to the 2015 base CGPI in January 2017. Family Income and Expenditure Survey: Two-or-more-person households (Including agricultural, forestry and fisheries households) in and after January 2000. Consumer Price Index: Base year changed in August 2016.
Family Income and ExpenditureSurvey Current Survey of Commerce Corporate Goods Price Index Crude oil
price＜Dubai＞
Consumer Price IndexLiving
Expenditure(Two-or-more-person households)
WorkersHouse-holds Sales of
Retails
Sales of Departmentstores andSupermarkets
DomesticAll Japan Ku-area of Tokyo
★Average
Propensity to
Consume●
DepartmentStores
SuperMarket
★ ☆
Export(Yen basis)
Import(Yen basis)
Domestic usingchain-weightedindex formula
□ ★ (※) ★ ☆
2015 = 100 (※) %
★ ☆ ★ ☆Average
★
GeneralGeneral excludingFresh Food
General excludingFresh Food
General
Yen (Duringmonth or average
during year)% % 2015 = 100 (※) % $ / bl
Released by Ministry of Internal Affairs andCommunications
Ministry of Economy Trade andIndustry Bank of Japan Ministry of Internal Affairs and Communications
― 47 ―
〔Foreign Trade Statistics〕
CY * 1970 6,954.4 20.8 - - - - - - - - - 6,797.2 25.7 - - - - - - - - -
* 1975 16,545.3 2.1 - - - - - - - - - 17,170.0 -5.0 - - - - - - - - -
* 1980 29,382.5 30.4 - 4,844.6 4,090.9 515.0 - 5,265.9 7,118.1 3,766.4 8,258.5 31,995.3 32.0 - 3,326.4 21,364.7 13,176.9 2,239.3 233.6 5,558.1 1,779.9 8,271.6
* 1985 41,955.7 4.0 - 4,430.0 7,039.5 1,857.9 - 8,195.1 15,582.7 4,768.0 11,046.0 31,084.9 -3.8 - 3,718.8 17,729.8 9,732.2 2,971.4 370.4 6,213.4 2,126.9 8,867.9
* 1990 41,456.9 9.6 - 2,824.6 9,175.7 2,980.0 - 7,358.7 13,056.6 7,733.9 12,884.2 33,855.2 16.8 - 4,572.4 12,217.5 5,853.5 5,903.2 753.9 7,585.9 5,070.7 9,733.2
* 1995 41,530.9 2.6 - 2,699.1 10,009.7 2,889.2 10,646.6 4,979.7 11,333.0 6,600.1 18,081.3 31,548.8 12.3 - 4,783.8 8,107.2 3,358.9 7,997.0 1,481.4 7,076.4 4,579.7 11,566.1
2000 51,654.2 8.6 - 2,851.6 11,096.4 3,094.2 13,670.2 6,930.1 15,355.9 8,431.9 21,254.2 40,938.4 16.1 - 4,966.4 10,958.6 5,772.0 12,924.0 2,904.2 7,778.9 5,042.9 17,062.7
2001 48,979.2 -5.2 - 2,889.1 10,229.5 2,820.7 11,533.3 7,210.8 14,711.1 7,810.0 19,732.2 42,415.5 3.6 - 5,250.6 11,109.7 5,621.5 13,215.9 2,764.0 7,671.5 5,411.9 17,987.1
2002 52,109.0 6.4 - 3,227.4 10,598.8 3,005.3 11,924.2 8,774.6 14,873.3 7,662.9 22,438.7 42,227.5 -0.4 - 5,282.3 10,695.7 5,395.8 13,434.3 2,697.5 7,237.2 5,482.4 18,358.4
2003 54,548.4 4.7 - 3,388.5 11,024.8 2,619.1 12,857.2 8,895.0 13,412.2 8,351.4 25,318.3 44,362.0 5.1 - 5,104.6 12,008.4 6,324.2 13,973.6 2,744.8 6,825.0 5,670.0 19,726.8
2004 61,170.0 12.1 - 4,060.5 12,607.0 2,611.3 14,373.3 9,214.2 13,730.7 9,461.6 29,636.8 49,216.6 10.9 - 5,302.2 13,749.5 7,256.6 15,394.0 2,879.8 6,763.4 6,209.2 22,224.2
2005 65,656.5 7.3 - 4,769.9 13,352.4 2,574.7 14,549.2 9,928.8 14,805.5 9,651.8 31,795.6 56,949.4 15.7 - 5,558.8 18,065.0 10,301.0 16,814.7 3,027.3 7,074.3 6,470.2 25,278.7
2006 75,246.2 14.6 - 5,783.3 14,800.0 2,730.1 16,075.7 12,299.5 16,933.6 10,911.7 35,775.7 67,344.3 18.3 - 5,709.6 23,389.9 13,401.8 19,206.1 3,049.6 7,911.2 6,955.2 29,360.1
2007 83,931.4 11.5 - 6,718.8 16,631.4 2,911.6 16,949.8 14,317.0 16,896.2 12,397.9 40,400.1 73,135.9 8.6 - 6,040.8 25,876.4 14,260.4 20,239.1 2,778.4 8,348.7 7,662.7 31,563.9
2008 81,018.1 -3.5 - 7,152.1 15,927.7 2,532.8 15,368.1 13,736.1 14,214.3 11,429.8 39,966.2 78,954.8 8.0 - 6,211.8 33,196.7 18,640.8 18,736.4 2,533.8 8,039.6 7,291.7 32,033.9
2009 54,170.6 -33.1 - 4,724.9 9,668.5 1,710.4 10,771.1 6,693.3 8,733.4 6,749.2 29,338.3 51,499.4 -34.8 - 4,999.4 17,596.7 8,708.9 13,518.1 1,869.2 5,512.4 5,517.6 22,989.3
2010 67,399.6 24.4 - 5,992.5 13,316.6 1,811.0 12,650.5 9,174.1 10,374.0 7,615.8 37,827.4 60,765.0 18.0 - 5,199.4 22,163.8 10,998.7 16,070.3 2,199.6 5,911.4 5,821.0 27,511.1
2011 65,546.5 -2.7 - 5,997.1 13,803.3 1,582.3 11,600.1 8,204.2 10,017.7 7,619.3 36,685.9 68,111.2 12.1 - 5,854.2 27,086.5 13,640.9 16,176.2 2,131.6 5,931.4 6,411.0 30,391.3
2012 63,747.6 -2.7 - 5,805.4 12,842.8 1,470.3 11,405.1 9,225.0 11,188.4 6,500.6 34,855.0 70,688.6 3.8 - 5,852.3 28,856.2 14,709.0 17,333.7 2,164.8 6,082.1 6,641.8 31,305.7
2013 69,774.2 9.5 - 6,352.3 13,359.0 1,644.8 12,051.6 10,412.5 12,928.2 7,000.2 37,866.6 81,242.5 14.9 - 6,473.1 32,801.4 16,950.2 20,816.8 2,522.6 6,814.8 7,648.9 35,971.5
2014 73,093.0 4.8 - 6,598.1 14,218.4 1,633.9 12,650.0 10,919.4 13,649.3 7,585.3 39,518.2 85,909.1 5.7 - 6,731.8 33,282.1 16,580.9 23,248.7 2,714.8 7,542.7 8,168.8 38,618.1
2015 75,613.9 3.4 - 6,314.9 14,423.9 1,660.0 13,288.7 12,046.3 15,224.6 7,985.1 40,328.7 78,405.5 -8.7 - 7,002.1 23,071.2 10,006.3 24,274.4 2,578.0 8,059.8 8,625.0 38,358.5
2016 70,035.8 -7.4 - 5,219.5 13,613.5 1,411.6 12,322.5 11,332.9 14,142.9 7,981.7 37,107.0 66,042.0 -15.8 - 6,362.9 16,064.1 6,606.3 22,131.0 2,268.8 7,322.1 8,151.7 33,198.8
2015． Oct.-Dec. 18,857.9 -4.6 - 1,432.3 3,514.1 414.5 3,335.1 3,353.8 3,932.9 2,106.8 9,935.6 19,001.6 -13.9 - 1,786.5 4,951.9 2,110.9 6,190.9 623.7 1,941.3 2,346.0 9,504.2
2016． Jan.-Mar. 17,509.6 -7.9 - 1,328.8 3,381.6 351.3 2,972.3 2,835.6 3,654.5 2,100.5 8,923.6 17,186.2 -15.6 - 1,541.4 4,304.4 1,626.0 5,735.1 638.7 1,825.0 2,120.3 8,758.1
2016． Apr.-June 17,006.8 -9.5 - 1,281.8 3,350.8 346.1 2,932.8 2,652.7 3,389.0 1,943.1 8,992.3 15,556.4 -18.7 - 1,612.3 3,556.6 1,484.4 5,239.8 528.5 1,813.5 1,925.6 7,838.7
2016． July-Sept. 17,013.8 -10.2 - 1,284.1 3,322.7 343.5 3,079.6 2,764.2 3,321.3 1,943.4 9,092.7 16,057.3 -19.3 - 1,534.0 3,869.6 1,706.6 5,302.4 508.4 1,784.3 1,991.5 8,059.7
2016． Oct.-Dec. 18,505.6 -1.9 - 1,324.7 3,558.4 370.8 3,337.9 3,080.4 3,778.1 1,994.7 10,098.2 17,242.0 -9.3 - 1,675.1 4,333.5 1,789.3 5,853.6 593.2 1,899.3 2,114.4 8,542.3
2017． Jan.-Mar. 18,999.1 8.5 - 1,446.6 3,801.0 376.5 3,210.0 2,795.3 3,630.4 2,098.2 10,234.3 18,669.6 8.6 - 1,588.3 5,446.1 2,381.4 5,922.1 663.9 1,992.6 2,083.7 9,067.0
2017． Apr.-June 18,789.0 10.5 - 1,436.0 3,819.2 247.4 3,224.4 2,769.7 3,619.1 2,136.6 10,260.4 P 18,076.4 16.2 - 1,780.4 4,868.8 1,936.8 5,779.1 610.7 2,033.8 2,116.9 8,765.4
2016． May 5,091.9 -11.3 -1.1 410.0 1,016.2 107.5 865.2 744.3 970.3 577.9 2,769.1 5,139.3 -13.7 2.0 531.9 1,200.5 526.6 1,752.4 167.2 624.9 651.7 2,556.6
2016． June 6,025.3 -7.4 1.6 447.3 1,172.3 116.0 1,029.4 995.2 1,218.1 662.7 3,150.5 5,338.9 -18.7 0.2 532.6 1,233.3 537.8 1,832.3 177.1 600.7 651.1 2,712.8
2016． July 5,728.4 -14.0 -1.7 437.2 1,146.8 116.4 1,015.9 965.0 1,182.5 665.6 3,043.9 5,223.9 -24.6 -0.1 519.5 1,277.0 591.8 1,713.4 170.4 589.6 667.7 2,561.5
2016． Aug. 5,316.4 -9.6 0.3 425.4 1,042.3 111.3 982.8 777.3 971.3 590.7 2,927.3 5,351.0 -17.0 -0.7 514.9 1,330.7 583.4 1,677.8 161.8 613.9 673.4 2,632.9
2016． Sept. 5,968.9 -6.9 0.7 421.6 1,133.6 115.8 1,080.8 1,021.9 1,167.5 687.1 3,121.5 5,482.4 -16.1 1.9 499.6 1,261.9 531.4 1,911.2 176.2 580.8 650.3 2,865.3
2016． Oct. 5,870.2 -10.3 1.8 421.7 1,112.2 116.0 1,071.1 994.3 1,197.0 650.5 3,122.5 5,389.1 -16.3 0.1 506.6 1,226.8 467.5 1,914.3 177.0 617.7 680.4 2,733.9
2016． Nov. 5,956.4 -0.4 4.0 417.9 1,116.5 120.9 1,061.6 1,029.5 1,211.2 633.3 3,235.6 5,809.9 -8.7 4.1 583.7 1,439.0 593.8 1,943.0 197.9 630.9 718.1 2,886.5
2016． Dec. 6,678.9 5.4 2.1 485.1 1,329.8 133.9 1,205.2 1,056.6 1,369.8 711.0 3,740.1 6,043.0 -2.5 3.2 584.8 1,667.8 728.0 1,996.3 218.3 650.7 715.9 2,921.8
2017． Jan. 5,422.0 1.3 0.9 423.3 1,006.4 109.3 923.2 810.5 1,054.0 596.6 2,887.3 6,513.9 8.4 3.7 537.6 1,835.8 791.9 2,116.9 233.3 655.2 691.4 3,360.8
2017． Feb. 6,347.5 11.3 6.7 481.0 1,316.4 131.6 1,085.5 944.5 1,223.2 700.7 3,486.4 5,536.4 1.3 -1.1 459.8 1,726.5 776.0 1,727.4 195.0 612.1 659.6 2,488.4
2017． Mar. 7,229.6 12.0 -4.2 542.2 1,478.2 135.6 1,201.2 1,040.2 1,353.2 801.0 3,860.7 6,619.3 15.9 3.5 590.9 1,883.9 813.6 2,077.8 235.6 725.9 732.8 3,220.6
2017． Apr. 6,329.4 7.5 -0.6 472.2 1,293.7 12.6 1,108.2 919.1 1,232.2 717.9 3,448.2 5,850.3 15.2 -0.4 584.0 1,629.1 691.6 1,807.6 187.6 645.4 657.1 2,832.5
2017． May 5,851.2 14.9 0.3 472.2 1,190.4 111.6 982.6 805.5 1,082.5 692.4 3,234.1 6,057.6 17.9 0.3 595.4 1,645.9 651.1 1,936.5 196.9 671.2 733.2 2,927.5
2017． June 6,608.4 9.7 -0.6 491.6 1,335.0 123.2 1,133.6 1,045.1 1,304.3 726.3 3,578.1 P 6,168.6 15.5 0.3 601.0 1,593.7 594.1 2,035.0 226.3 717.2 726.6 3,005.4
(※) Including "Gold ore" and "Non-monetary gold" in and after January 1976. EU: 10 countries since 1981, 12 countries since 1986, 15 countries since 1995, 25 countries since 2004, and 27 countries since 2007.
Machi-nery andEquip-ments
ElectricEquip-ments
Total Metals fromAsia★ ☆
OfficeMachi-nary
Passen-gerCars
★ ☆
Crude Oiland
PetroleumProducts
OfficeMachi-nary
toAsia Total Food-
stuffCrude
Materialsand Fuels
fromEU
toU.S.A
toEU
Machi-nery andEquip-ments
fromU.S.A
Released by Ministry of Finance
Billion Yen ％ Billion Yen Billion Yen ％ Billion Yen
Exports and Imports on a Customs Clearance Basis (※)Exports Imports
― 48 ―
〔Foreign Trade Statistics (Continued)〕
CY * 1970 65.9 60.6 － 15.7 15.4 18.6 20.8
* 1975 97.2 123.8 － 25.3 2.0 23.0 -12.5
* 1980 111.3 185.3 － 39.2 17.0 28.5 -5.6
* 1985 111.7 164.3 － 55.7 4.3 31.1 0.3
* 1990 96.1 112.4 － 64.0 5.6 49.6 5.8
* 1995 89.1 76.1 117.1 69.1 3.8 68.3 12.5
2000 88.9 79.8 106.2 86.2 9.4 84.4 10.9
2001 93.1 84.3 105.2 78.1 -9.4 82.8 -1.9
2002 91.7 82.3 106.2 84.3 7.9 84.4 1.9
2003 91.5 80.8 108.1 88.4 4.9 90.4 7.1
2004 92.8 83.7 105.7 97.8 10.6 96.7 7.0
2005 98.8 94.2 104.9 98.6 0.8 99.5 2.9
2006 105.1 107.3 97.9 106.3 7.8 103.3 3.8
2007 111.8 116.7 95.8 111.4 4.8 103.2 -0.2
2008 109.6 126.7 86.5 109.7 -1.5 102.5 -0.6
2009 99.8 96.5 103.4 80.5 -26.6 87.8 -14.4
2010 100.0 100.0 100.0 100.0 24.2 100.0 13.9
2011 101.1 109.3 92.5 96.2 -3.8 102.6 2.6
2012 103.3 110.8 93.2 91.6 -4.8 105.0 2.4
2013 114.8 127.0 90.4 90.2 -1.5 105.3 0.3
2014 119.6 133.4 89.7 90.7 0.6 106.0 0.6
2015 125.0 125.3 99.8 89.8 -1.0 103.0 -2.8
2016 115.5 105.9 109.1 90.0 0.3 102.6 -0.3
2015． Oct.-Dec. 124.0 120.1 103.2 90.2 -4.0 104.1 -2.5
2016． Jan.-Mar. 119.0 110.1 108.1 87.3 -3.3 102.8 -1.0
2016． Apr.-June 114.4 104.0 110.0 88.2 -1.3 98.5 -1.4
2016． July-Sept. 112.2 102.2 109.8 90.0 1.0 103.4 -0.6
2016． Oct.-Dec. 116.2 107.3 108.3 94.5 4.7 105.8 1.6
2017． Jan.-Mar. 122.8 116.9 105.0 91.8 5.2 105.1 2.2
2017． Apr.-June 120.2 P 115.2 P 104.3 92.7 5.1 P 103.3 P 4.9
2016． May 112.4 103.3 108.8 80.6 -2.4 98.3 3.6
2016． June 114.3 103.9 110.0 93.9 3.1 101.4 0.4
2016． July 111.4 101.8 109.4 91.5 -2.4 101.4 -4.0
2016． Aug. 113.2 101.7 111.3 83.6 0.8 103.9 3.9
2016． Sept. 112.1 103.2 108.6 94.8 4.7 104.9 -1.6
2016． Oct. 113.5 104.1 109.0 92.1 -1.4 102.3 -2.5
2016． Nov. 114.2 105.9 107.8 92.8 7.4 108.3 3.6
2016． Dec. 120.7 111.9 107.9 98.5 8.4 106.7 3.6
2017． Jan. 123.5 117.0 105.6 78.2 -0.3 109.9 6.3
2017． Feb. 121.6 117.6 103.4 92.9 8.3 93.0 -4.3
2017． Mar. 123.3 116.2 106.1 104.4 6.6 112.5 4.2
2017． Apr. 120.0 115.0 104.3 93.9 4.1 100.5 4.9
2017． May 120.2 115.5 104.1 86.7 7.5 103.6 5.4
2017． June 120.5 P 115.2 P 104.6 97.6 4.0 P 105.7 P 4.2
(※) Base year changed in August 2013.
2010 = 100 (※) ％
Released by Ministry of Finance
Indexes of TradeUnit Value Quantum Index
Exports ImportsTerms
Classification ofTrade
Exports Imports★ ★
〔Balance of Payments〕
★★
CY * 1970 － － － －－ －－ － － －
－ － － －－ －－ － － －
－ － － －－ －－ － － －
－ － － －－ － － － － －
－ － － －－ －－ － － －
－ － － －－ －－ － － －
* 1975* 1980* 1985* 1990* 1995
2000 14,061.6 7,429.8 12,698.3 48,963.5 8.2 36,265.2 16.5 -5,268.5 7,691.4 -1,059.6
2001 10,452.4 3,212.0 8,846.9 46,036.7 37,189.8 2.5 8,200.9
2002 13,683.7 6,469.0 12,121.1 48,902.9 36,781.7 7,810.5
2003 16,125.4 8,355.3 12,463.1 51,329.2 38,866.0 8,639.8
2004 19,694.1 10,196.1 14,423.5 57,703.6 43,280.1 10,348.8
2005 18,727.7 7,693.0 11,771.2 63,009.4
-6.0
6.2
5.0
12.4
9.2 51,238.2
-1.1
5.7
11.4
18.4
-5,634.9
-5,652.1
-4,107.8
-4,227.4
-4,078.2 11,850.3
-960.4
-595.8
-869.7
-850.9
-815.7
2006 20,330.7 7,346.0 11,070.1 72,026.8 14.3 60,956.7 19.0 14,227.7
2007 24,949.0 9,825.3 14,187.3 80,023.6 11.1 65,836.4 8.0 16,481.8
2008 14,878.6 1,889.9 5,803.1 77,611.1 -3.0 71,808.1 9.1 14,340.2
2009 13,592.5 2,124.9 5,387.6 51,121.6 45,734.0 12,631.2
2010 19,382.8 6,857.1 9,516.0 64,391.4
-34.1
26.0 54,875.4
-36.3
20.0
-3,724.1
-4,362.0
-3,913.1
-3,262.7
-2,658.8 13,617.3
-1,242.9
-1,358.1
-1,351.5
-1,163.5
-1,091.7
2011 10,401.3 -330.2 62,965.3 63,295.5 15.3 14,621.0
2012 4,764.0
-3,110.1
-8,082.9 61,956.8 66,228.7 4.6 13,991.4
2013 4,456.6
-4,271.9
-8,773.4 67,829.0 76,602.4 15.7 17,697.8
2014 3,921.5 74,074.7 84,540.0 10.4 19,414.8
2015 16,235.1
-12,252.1
-13,498.8
-2,816.9
-10,465.3
-886.2 75,274.2
-2.2
-1.6
9.5
9.2
1.6 76,160.4 -9.9
-2,779.9
-3,811.0
-3,478.6
-3,033.5
-1,930.7 21,018.9
-1,109.6
-1,144.5
-989.2
-1,994.5
-1,966.9
2016 20,342.1 4,377.1 5,525.1 68,979.7 -8.4 63,454.6 -16.7 -1,148.0 18,101.1 -2,136.1
3,146.1 15.3 18,553.7 -7.2 18,538.5 4,179.3
5,930.0 848.6 17,344.7 16,496.1 5,501.2
4,550.2 1,475.8 16,526.1 15,050.3 4,051.4
5,774.3 1,486.0 16,736.5 15,250.5 5,184.5
4,087.6 1,714.6 18,372.3 16,657.7 3,363.9
5,969.7 1,096.1 19,043.6 17,947.4 5,482.7
2015． Oct.-Dec.2016． Jan.-Mar.2016． Apr.-June2016． July-Sept.2016． Oct.-Dec.2017． Jan.-Mar.2017．P Apr.-June 4,540.5
-620.6
1,087.3
988.2
1,139.0
1,162.6
1,101.2
654.5 957.0 18,264.0
-10.9
-10.4
-11.0
-1.0
9.8
10.5 17,307.0
-14.8
-16.8
-18.9
-20.7
-10.1
8.8
15.0
-635.8
238.7
-487.6
-347.0
-552.0
5.0
-302.4 4,279.5
-412.6
-658.5
-489.5
-549.2
-439.0
-614.2
-393.5
2016． May 1,757.6 112.7 30.8 5,063.6 5,032.8 81.9 1,893.6
2016． June 976.5 604.4 762.5 5,845.8 5,083.3 412.7
2016． July 1,939.6 397.2 600.7 5,556.0 4,955.3 1,693.5
2016． Aug. 1,970.4 167.5 218.0 5,300.0 5,081.9 1,981.1
2016． Sept. 1,864.3 574.3 667.2 5,880.5 5,213.3 1,510.0
2016． Oct. 1,546.6 239.0 565.9 5,749.0 5,183.1 1,474.9
2016． Nov. 1,426.7 403.5 340.0 5,941.8 5,601.7 1,204.9
2016． Dec. 1,114.3 520.1 808.7 6,681.5 5,872.8 684.1
2017． Jan. 95.2 5,524.3 6,374.1 1,270.8
2017． Feb. 2,894.0 6,348.7 5,274.5 1,986.9
2017． Mar. 2,980.5 7,170.6 6,298.8 2,225.0
2017．P Apr. 1,951.9 6,178.6 5,625.0 1,848.0
2017．P May 1,653.9 5,714.5 5,829.7 1,924.3
2017．P June 934.6
-1,066.0
1,079.4
1,087.8
258.9
-73.0
468.6
-849.8
1,074.2
871.8
553.6
-115.1
518.5 6,370.9
-11.7
-9.7
-15.4
-9.7
-7.8
-9.4
0.0
6.7
3.0
12.5
13.2
10.0
12.9
9.0 5,852.4
-13.1
-20.3
-25.9
-18.4
-17.6
-15.9
-10.7
-3.7
10.0
0.6
15.4
14.0
15.8
15.1
-158.1
-203.5
-50.6
-92.9
-326.9
63.5
-288.6
-216.2
5.3
216.0
-294.7
42.1
-49.9 507.2
-248.7
-40.6
-151.1
-178.1
-220.0
-167.3
-181.7
-90.0
-109.6
-172.3
-332.4
-155.1
-197.3
-41.2
(※) Figures are based on the IMF Balance of Payments Manual 6th Edition.Released by Ministry of Finance
Balance of Payments (IMF Basis Not-seasonally Adjusted) (※)Current Account
Goods and ServicesPrimaryIncome
Second-ary
IncomeTrade Balance
ServicesExports Imports
Billion Yen ％Billion
Yen ％ Billion Yen
― 49 ―
〔Balance of Payments (Continued)〕
(※)
☆ ☆ Average
CY * 1970 - - - - - - - - - - - - - - - - - - 4,399 － ～ － －
* 1975 - - - - - - - - - - - - - - - - - - 12,815 285.00 ～ 306.85 296.85
* 1980 - - - - - - - - - - - - - - - - - - 25,232 203.00 ～ 262.50 226.45
* 1985 - - - - - - - - - - - - - - - - - - 26,510 200.35 ～ 263.40 238.05
* 1990 - - - - - - - - - - - - - - - - - - 77,053 124.30 ～ 160.10 144.88
* 1995 - - - - - - - - - - - - - - - - - - 182,820 80.30 ～ 104.25 93.31
2000 -994.7 14,875.7 3,690.0 3,847.0 509.0 1,568.8 5,260.9 1,808.8 - - - - - - - - - - 361,638 102.50 ～ 114.90 107.78
2001 -346.2 10,562.9 3,700.1 5,629.1 -185.3 -3,517.5 4,936.4 456.7 - - - - - - - - - - 401,959 113.85 ～ 131.80 121.58
2002 -421.7 13,396.8 2,433.1 13,148.6 -263.0 -7,718.9 5,796.9 134.8 - - - - - - - - - - 469,728 115.90 ～ 134.80 125.14
2003 -467.2 13,686.0 2,964.3 11,473.1 -607.4 -21,672.8 21,528.8 -1,972.2 - - - - - - - - - - 673,529 107.03 ～ 120.95 115.94
2004 -513.4 16,092.8 3,578.9 -2,340.3 -259.0 -2,154.2 17,267.5 -3,087.9 - - - - - - - - - - 844,543 102.20 ～ 114.40 108.17
2005 -549.0 16,344.4 5,170.3 1,070.0 802.3 6,845.6 2,456.2 -1,834.3 - - - - - - - - - - 846,897 102.15 ～ 121.35 110.13
2006 -553.3 16,049.4 7,019.1 -14,796.1 -283.5 20,390.3 3,719.6 -3,728.0 - - - - - - - - - - 895,320 109.65 ～ 119.75 116.31
2007 -473.1 26,377.5 6,020.3 -8,251.5 -324.9 24,636.2 4,297.4 1,901.6 - - - - - - - - - - 973,365 108.25 ～ 123.95 117.76
2008 -558.3 18,650.2 8,924.3 28,188.7 -2,456.2 -19,206.7 3,200.1 4,329.9 - - - - - - - - - - 1,030,647 87.50 ～ 110.30 103.39
2009 -465.3 15,629.2 5,729.4 19,948.5 -948.7 -11,626.6 2,526.5 2,501.9 - - - - - - - - - - 1,049,397 86.00 ～ 100.80 93.61
2010 -434.1 21,709.9 6,251.1 12,701.4 -1,026.2 -8.9 3,792.5 2,761.2 - - - - - - - - - - 1,096,185 80.56 ～ 94.40 87.75
2011 28.2 12,629.4 9,310.1 -13,524.5 -1,347.0 4,401.0 13,789.7 2,199.8 - - - - - - - - - - 1,295,841 75.86 ～ 85.30 79.76
2012 -80.4 4,192.5 9,359.1 2,443.5 590.3 -5,149.0 -3,051.5 -491.1 - - - - - - - - - - 1,268,125 76.14 ～ 86.55 79.79
2013 -743.6 -408.7 14,245.9 -26,565.2 5,551.6 2,508.5 3,850.4 -4,121.7 - - - - - - - - - - 1,266,815 87.45 ～ 105.30 97.71
2014 -208.9 6,278.2 12,587.7 -4,833.0 3,764.4 -6,130.6 889.8 2,565.6 - - - - - - - - - - 1,260,548 100.95 ～ 121.52 105.66
2015 -271.4 21,592.0 15,847.6 16,029.4 2,143.9 -13,053.9 625.1 5,628.3 - - - - - - - - - - 1,233,214 116.41 ～ 125.35 120.87
2016 -743.3 28,698.5 14,562.4 30,354.3 -1,723.5 -13,916.6 -578.0 9,099.7 - - - - - - - - - - 1,216,903 99.80 ～ 121.30 108.77
2015． Oct.-Dec. -47.1 4,366.0 3,766.8 -1,591.0 146.9 1,909.0 134.3 1,267.1 4,441.8 -104.0 269.7 18,342.2 -3.3 18,072.5 -7.3 -373.7 5,044.5 -498.7 1,233,214 116.91 ～ 123.39 120.61
2016． Jan.-Mar. -561.8 9,011.0 3,540.1 20,113.6 -1,219.8 -13,440.9 18.1 3,642.8 5,170.1 799.6 943.8 17,086.7 -6.8 16,142.9 -10.7 -144.1 4,896.8 -526.4 1,262,099 111.30 ～ 121.30 115.32
2016． Apr.-June 3.7 6,979.6 1,852.7 4,424.5 -1,192.6 1,982.4 -87.4 2,425.8 4,740.8 790.9 1,158.3 16,771.0 -1.8 15,612.7 -3.3 -367.4 4,487.5 -537.6 1,265,402 101.50 ～ 112.20 108.07
2016． July-Sept. -86.4 10,496.0 4,875.8 10,230.5 -901.8 -3,587.7 -120.9 4,808.1 4,858.5 1,095.1 1,460.8 16,874.1 0.6 15,413.2 -1.3 -365.8 4,376.6 -613.1 1,260,145 99.80 ～ 107.21 102.37
2016． Oct.-Dec. -98.8 2,211.9 4,293.8 -4,414.2 1,590.6 1,129.6 -387.9 -1,776.9 5,146.4 1,453.0 1,709.7 18,005.0 6.7 16,295.3 5.7 -256.7 4,228.8 -535.4 1,216,903 101.41 ～ 118.20 109.43
2017． Jan.-Mar. -67.1 5,242.4 5,677.8 -4,082.4 1,194.6 1,286.0 1,166.4 -660.2 5,419.4 899.9 1,334.7 18,963.6 5.3 17,628.9 8.2 -434.8 4,988.2 -468.7 1,230,330 110.39 ～ 117.93 113.56
2017． Apr.-June P -142.4 4,598.9 3,545.4 -1,159.9 -203.0 1,891.8 524.6 200.8 4,730.8 521.4 690.8 18,512.1 -2.4 17,821.3 1.1 -169.3 4,659.5 -450.1 1,249,847 108.30 ～ 114.15 111.06
2016． June -8.7 1,362.7 465.2 3,008.3 -413.1 -1,431.8 -265.9 394.9 1,588.8 267.4 434.1 5,629.1 1.0 5,195.0 -0.8 -166.7 1,484.7 -163.3 1,265,402 101.50 ～ 110.69 105.49
2016． July -46.6 4,023.6 476.7 3,214.7 -330.8 870.2 -207.3 2,130.6 1,538.3 265.3 376.9 5,532.4 -1.7 5,155.4 -0.8 -111.7 1,457.7 -184.7 1,264,750 100.72 ～ 107.21 103.90
2016． Aug. -12.9 3,124.4 -121.1 6,557.7 -402.3 -2,879.3 -30.6 1,166.9 1,805.4 465.8 577.9 5,671.4 2.5 5,093.5 -1.2 -112.1 1,541.7 -202.2 1,256,053 99.80 ～ 102.96 101.27
2016． Sept. -26.9 3,348.0 4,520.2 458.0 -168.7 -1,578.6 117.1 1,510.6 1,514.9 364.0 505.9 5,670.3 -0.0 5,164.3 1.4 -142.0 1,377.2 -226.3 1,260,145 100.58 ～ 103.92 102.04
2016． Oct. -79.0 786.6 1,554.6 3,125.4 -92.5 -3,306.3 -494.6 -681.1 1,744.8 488.3 529.3 5,806.0 2.4 5,276.7 2.2 -41.0 1,440.6 -184.1 1,242,792 101.41 ～ 105.25 103.82
2016． Nov. -9.9 1,184.2 632.6 -2,340.2 486.3 2,228.4 177.1 -232.6 1,729.6 548.0 623.5 6,014.1 3.6 5,390.5 2.2 -75.5 1,370.9 -189.3 1,219,291 101.90 ～ 113.75 108.18
2016． Dec. -9.9 241.2 2,106.6 -5,199.4 1,196.8 2,207.5 -70.4 -863.2 1,671.9 416.7 556.8 6,184.9 2.8 5,628.1 4.4 -140.2 1,417.2 -162.0 1,216,903 113.40 ～ 118.20 115.95
2017． Jan. -23.6 -1,435.1 1,103.9 -4,669.1 591.6 439.8 1,098.6 -1,506.6 1,251.8 42.1 159.4 6,160.0 -0.4 6,000.6 6.6 -117.3 1,356.6 -146.9 1,231,573 112.78 ～ 117.93 114.73
2017． Feb. -11.9 1,737.9 2,198.5 -2,902.7 374.7 1,615.6 451.9 -1,144.2 2,370.5 662.4 827.2 6,505.1 5.6 5,678.0 -5.4 -164.8 1,911.1 -202.9 1,232,340 111.85 ～ 114.33 113.06
2017． Mar. -31.5 4,939.6 2,375.5 3,489.4 228.2 -769.4 -384.1 1,990.6 1,797.0 195.4 348.1 6,298.4 -3.2 5,950.3 4.8 -152.7 1,720.5 -118.9 1,230,330 110.39 ～ 115.20 113.01
2017． Apr. P -3.2 1,070.5 465.8 -7,308.0 -453.2 8,057.7 308.3 -878.2 1,807.4 336.5 261.9 6,226.5 -1.1 5,964.6 0.2 74.6 1,594.8 -123.9 1,242,295 108.30 ～ 111.42 110.08
2017． May P -124.7 2,184.7 1,618.2 4,975.1 267.8 -4,993.2 316.9 655.4 1,400.9 75.4 269.2 6,174.4 -0.8 5,905.3 -1.0 -193.8 1,471.5 -146.0 1,251,868 110.85 ～ 114.15 112.21
2017． June P -14.5 1,343.7 1,461.4 1,173.1 -17.5 -1,172.7 -100.6 423.6 1,522.5 109.5 159.7 6,111.1 -1.0 5,951.4 0.8 -50.1 1,593.2 -180.2 1,249,847 109.50 ～ 112.29 110.91
2017． July 1,260,040 110.55 ～ 114.18 112.44
＃
Gold & Foreign Exchange Reserves: Figures are end of year or month.
Foreign ExchangeRates
CapitalAccount
Financial Account Net Errors
andOmissions
Current Account (Seasonally Adjusted)
DirectInvest-ment
PortfolioInvest-ment
FinancialDerivatives(other thanReserves)
Trade BalanceServices
IncludingGold
TrancheExports
Balance of Payments (IMF Basis) Continued (※) Gold &Foreign
ExchangeReserves
ImportsHigh-Low
Billion Yen MillionDollar Yen Per 1 Dollar
OtherInvest-ment
ReserveAssets
Goods and ServicesPrimaryIncome
Second-ary
Income
Inter-Bank RatesU.S.Dollar Spot
Central rate
Billion Yen Billion Yen ％Billion
Yen ％
Released by Ministry of Finance Bank of Japan(※) Figures are based on the IMF Balance of Payments Manual 6th Edition.
＃ Figures are calculated by Policy Planning and Research Division , Minister's Secretariat, Ministry of Finance.
― 50 ―
〔National Accounts〕
□ FY FY FY FY □ □ □ □
CY * 1970 － － － － － － － － － － － － － － － － － － － － － － － － － －
* 1975 － － － － － － － － － － － － － － － － － － － － － － － － － －
* 1980 24,283.9 28,437.5 － － － - － － － 13,224.7 － － 54.5 3,886.9 － － 16.0 166.8 － － 0.7 1,534.1 － － 6.3
* 1985 32,540.2 35,060.2 7.4 7.2 6.3 6.3 7.6 7.3 6.6 6.7 17,670.7 5.7 4.1 54.3 5,362.9 17.6 17.9 16.5 180.5 *** *** 0.6 1,459.1 3.4 2.8 4.5
* 1990 44,278.1 44,737.0 8.0 8.6 5.6 6.2 7.9 8.4 5.1 5.6 23,470.4 7.9 5.2 53.0 8,871.2 12.1 9.5 20.0 236.8 *** *** 0.5 2,461.7 7.9 4.1 5.6
1995 51,254.2 43,710.0 2.2 2.9 2.7 3.5 2.2 3.0 3.0 3.9 27,416.5 2.1 2.7 53.5 8,045.0 6.5 8.3 15.7 163.2 *** *** 0.3 2,519.4 -5.5 -4.8 4.9
1996 52,580.7 45,065.0 2.6 2.3 3.1 2.7 2.9 2.6 3.2 2.6 28,000.8 2.1 3.1 53.3 8,347.7 3.8 5.5 15.9 219.3 *** *** 0.4 2,815.7 11.8 11.1 5.4
1997 53,414.3 45,550.1 1.6 0.8 1.1 0.0 1.7 0.9 0.9 0.1 28,519.2 1.9 1.1 53.4 8,641.8 3.5 4.0 16.2 272.7 *** *** 0.5 2,531.3 -10.1 -11.6 4.7
1998 52,787.7 45,036.0 -1.2 -1.3 -1.1 -0.8 -1.2 -1.5 -1.0 -0.8 28,349.0 -0.6 -1.1 53.7 8,451.2 -2.2 -1.2 16.0 176.2 *** *** 0.3 2,149.4 -15.1 -13.4 4.1
1999 51,965.2 44,922.5 -1.6 -0.8 -0.3 0.7 -1.6 -0.6 -0.2 0.8 28,479.4 0.5 -0.3 54.8 7,876.4 -6.8 -4.9 15.2 -358.4 *** *** -0.7 2,125.8 -1.1 0.1 4.1
2000 52,670.6 46,171.1 1.4 1.3 2.8 2.5 1.6 1.5 2.7 2.6 28,658.9 0.6 2.8 54.4 8,276.8 5.1 6.4 15.7 -42.0 *** *** -0.1 2,127.6 0.1 0.1 4.0
2001 52,300.5 46,358.7 -0.7 -1.8 0.4 -0.6 -0.6 -1.8 0.4 -0.7 28,893.3 0.8 0.4 55.2 8,061.7 -2.6 0.0 15.4 18.1 *** *** 0.0 2,011.2 -5.5 -4.4 3.8
2002 51,598.6 46,413.5 -1.3 -0.8 0.1 0.9 -1.4 -0.9 0.1 0.8 28,826.4 -0.2 0.1 55.9 7,413.2 -8.0 -5.8 14.4 -185.0 *** *** -0.4 1,925.0 -4.3 -3.1 3.7
2003 51,540.1 47,122.8 -0.1 0.7 1.5 2.1 0.0 0.9 1.5 2.2 28,715.0 -0.4 1.5 55.7 7,398.1 -0.2 2.4 14.4 -22.8 *** *** -0.0 1,897.5 -1.4 -1.3 3.7
2004 52,096.5 48,161.7 1.1 0.5 2.2 1.5 1.4 0.8 2.3 1.5 28,927.5 0.7 2.2 55.5 7,564.5 2.2 3.8 14.5 161.2 *** *** 0.3 1,938.2 2.1 1.7 3.7
2005 52,413.3 48,962.5 0.6 0.9 1.7 2.1 0.9 1.3 1.3 1.6 29,154.3 0.8 1.7 55.6 8,155.6 7.8 8.5 15.6 74.1 *** *** 0.1 1,936.6 -0.1 -0.5 3.7
2006 52,688.0 49,657.8 0.5 0.7 1.4 1.4 1.0 1.0 1.0 1.2 29,444.4 1.0 1.0 55.9 8,339.6 2.3 2.1 15.8 17.7 *** *** 0.0 1,980.9 2.3 0.7 3.8
2007 53,168.8 50,479.3 0.9 0.3 1.7 1.2 1.3 0.6 1.5 0.6 29,603.5 0.5 0.9 55.7 8,406.8 0.8 1.0 15.8 191.5 *** *** 0.4 1,828.0 -7.7 -9.5 3.4
2008 52,071.6 49,927.3 -2.1 -4.1 -1.1 -3.5 -2.4 -4.7 -2.9 -4.8 29,495.3 -0.4 -1.0 56.6 8,204.7 -2.4 -2.8 15.8 300.1 *** *** 0.6 1,749.2 -4.3 -6.6 3.4
2009 48,950.1 47,222.7 -6.0 -3.4 -5.4 -2.2 -6.2 -3.3 -4.2 -1.1 28,631.3 -2.9 -0.7 58.5 6,896.7 -15.9 -13.4 14.1 -508.1 *** *** -1.0 1,427.4 -18.4 -16.4 2.9
2010 50,035.4 49,202.4 2.2 1.4 4.2 3.2 2.4 1.6 3.7 2.7 28,895.6 0.9 2.4 57.8 6,759.4 -2.0 -0.9 13.5 -11.7 *** *** -0.0 1,363.7 -4.5 -3.7 2.7
2011 49,140.9 49,145.6 -1.8 -1.1 -0.1 0.5 -1.5 -1.0 -1.0 -0.6 28,625.5 -0.9 -0.4 58.3 6,940.7 2.7 4.0 14.1 94.6 *** *** 0.2 1,433.8 5.1 4.9 2.9
2012 49,495.7 49,880.3 0.7 0.2 1.5 0.9 0.6 0.2 1.2 1.0 29,024.2 1.4 2.0 58.6 7,196.9 3.7 4.1 14.5 111.3 *** *** 0.2 1,457.4 1.6 2.5 2.9
2013 50,317.6 50,878.1 1.7 2.6 2.0 2.6 2.3 3.2 2.5 3.0 29,667.3 2.2 2.4 59.0 7,494.5 4.1 3.7 14.9 -66.5 *** *** -0.1 1,610.2 10.5 8.0 3.2
2014 51,369.8 51,048.9 2.1 2.0 0.3 -0.5 2.3 2.3 0.5 0.1 30,011.8 1.2 -0.9 58.4 7,973.7 6.4 5.2 15.5 -33.4 *** *** -0.1 1,595.9 -0.9 -4.3 3.1
2015 53,015.7 51,617.2 3.2 2.7 1.1 1.3 3.4 2.9 2.8 2.8 30,029.3 0.1 -0.3 56.6 8,135.0 2.0 1.1 15.3 252.2 *** *** 0.5 1,584.3 -0.7 -1.6 3.0
P 2016 53,705.7 52,149.7 1.3 1.1 1.0 1.3 0.7 0.5 1.2 1.0 30,022.7 -0.0 0.4 55.9 8,172.0 0.5 1.3 15.2 101.7 *** *** 0.2 1,659.4 4.7 5.6 3.1
54,020.0 － 1.5 - 1.3 - - - - - 30,100.0 0.4 0.7 - 8,230.0 1.3 2.1 - 160.0 * -0.2 * -0.2 - 1,670.0 5.1 5.4 -
55,350.0 － 2.5 - 1.5 - - - - - 30,580.0 1.6 0.8 - 8,630.0 4.8 3.4 - 180.0 * 0.1 * 0.0 - 1,700.0 1.7 0.1 -
2013． Oct.-Dec. 50,618.1 51,165.1 -0.1 - -0.1 - -0.1 - -0.4 - 29,855.2 0.2 -0.2 59.0 7,773.4 1.7 1.5 15.4 -0.8 *** *** -0.0 1,706.9 4.5 3.6 3.4
2014． Jan.-Mar. 51,266.1 51,735.0 1.3 - 1.1 - 1.1 - 0.8 - 30,667.7 2.7 2.4 59.8 7,998.9 2.9 2.7 15.6 -303.7 *** *** -0.6 1,740.3 2.0 1.8 3.4
2014． Apr.-June 51,246.4 50,718.2 -0.0 - -2.0 - 0.1 - -1.6 - 29,635.6 -3.4 -5.0 57.8 7,877.0 -1.5 -2.1 15.4 245.8 *** *** 0.5 1,625.8 -6.6 -9.1 3.2
2014． July-Sept. 51,200.0 50,663.1 -0.1 - -0.1 - 0.3 - 0.3 - 29,760.8 0.4 0.4 58.1 7,978.8 1.3 1.0 15.6 -3.8 *** *** -0.0 1,512.8 -7.0 -7.1 3.0
2014． Oct.-Dec. 51,719.0 51,044.6 1.0 - 0.8 - 1.4 - 1.4 - 29,930.0 0.6 0.6 57.9 8,038.5 0.7 0.6 15.5 -55.0 *** *** -0.1 1,515.0 0.1 0.2 2.9
2015． Jan.-Mar. 52,856.9 51,644.7 2.2 - 1.2 - 1.7 - 1.7 - 30,034.4 0.3 0.5 56.8 8,174.0 1.7 1.5 15.5 127.8 *** *** 0.2 1,560.6 3.0 2.9 3.0
2015． Apr.-June 52,943.1 51,576.0 0.2 - -0.1 - 0.4 - 0.3 - 29,969.3 -0.2 -0.4 56.6 8,083.2 -1.1 -1.6 15.3 377.7 *** *** 0.7 1,575.9 1.0 1.1 3.0
2015． July-Sept. 53,180.4 51,694.2 0.4 - 0.2 - 0.4 - 0.4 - 30,151.1 0.6 0.6 56.7 8,142.6 0.7 0.7 15.3 237.1 *** *** 0.4 1,606.7 2.0 1.7 3.0
2015． Oct.-Dec. 53,087.0 51,587.3 -0.2 - -0.2 - -0.1 - -0.1 - 29,965.7 -0.6 -0.6 56.4 8,125.2 -0.2 0.2 15.3 271.0 *** *** 0.5 1,593.4 -0.8 -0.8 3.0
2016． Jan.-Mar. 53,603.0 51,887.6 1.0 - 0.6 - 0.6 - 0.9 - 29,935.5 -0.1 0.3 55.8 8,106.5 -0.2 0.2 15.1 115.9 *** *** 0.2 1,596.7 0.2 1.0 3.0
2016．P Apr.-June 53,616.2 52,061.8 0.0 - 0.3 - -0.3 - 0.1 - 29,940.9 0.0 0.1 55.8 8,145.7 0.5 0.7 15.2 238.5 *** *** 0.4 1,639.8 2.7 3.2 3.1
2016．P July-Sept. 53,666.1 52,224.9 0.1 - 0.3 - -0.0 - 0.0 - 30,024.3 0.3 0.4 55.9 8,128.8 -0.2 0.0 15.1 77.1 *** *** 0.1 1,689.8 3.0 2.8 3.1
2016．P Oct.-Dec. 53,941.3 52,448.4 0.5 - 0.4 - 0.4 - 0.1 - 30,190.0 0.6 0.1 56.0 8,303.6 2.2 2.2 15.4 -22.5 *** *** -0.0 1,706.5 1.0 0.3 3.2
2017．P Jan.-Mar. 53,920.0 52,639.3 -0.0 - 0.4 - 0.2 - 0.2 - 30,250.7 0.2 0.4 56.1 8,407.0 1.2 0.9 15.6 -127.6 *** *** -0.2 1,730.4 1.4 0.9 3.2
2017．P Apr.-June 54,535.2 53,153.1 1.1 - 1.0 - 1.2 - 1.1 - 30,501.9 0.8 0.9 55.9 8,653.0 2.9 2.4 15.9 -92.1 *** *** -0.2 1,757.2 1.5 1.5 3.2
(※) National Accounts: Figures are based on the System of National Accounts 2008 and Quarterly Estimates of GDP: April - June 2017. (the 1st preliminary) (1980～1993: chain-linked, base year = 2000、1994～: chain-linked, base year = 2011) （#） FY2016, 2017: The government decided on January 20, 2017 the "Fiscal 2017 Economic Outlook and Basic Stance for Economic and Fiscal Management" at the Cabinet ＊: Contribution to Change of Gross Domestic Expenditures by Component.
●Gross National Income
(※) ●Gross Domestic Product (Expenditure) (※) ●
Private Consumption Gross Private Capital Formation
□ □Private Non-Resi. Inventment Private Inventory Private Residential Investment
☆Percen-tagedistribu-tion
☆
％
☆Percen-tagedistribu-tion
☆Percen-tagedistribu-tion
FY 2016 (#)FY 2017 (#)
Released by Cabinet Office
10 Billion Yen ％ ％
10BillionYen
10BillionYen
10BillionYen
10BillionYen％ ％ ％
Percen-tagedistribu-tion
Gross DomesticProduct
(Expenditure) (※)
― 51 ―
〔National Accounts (Continued), National Income, Savings ratio〕
□ □ □ □ □
CY * 1970 － － － － － － － － － － － － － － － － － － － － － － －
* 1975 － － － － － － － － － － － － － － － － － － － － － － －
* 1980 5,693.4 － － 23.4 3,430.4 － － 14.1 2,263.0 － － 9.3 3,281.7 － － 13.5 3,503.6 - － 14.4 19,675.0 1,685 17.7
* 1985 6,763.1 0.5 -3.5 20.8 4,537.1 4.4 1.4 13.9 2,225.9 -6.7 -15.7 6.8 4,617.7 2.8 5.3 14.2 3,513.7 -4.7 -2.7 10.8 25,633.8 2,121 16.2
* 1990 8,820.6 8.4 4.6 19.9 5,902.5 7.2 3.3 13.3 2,918.1 11.0 7.6 6.6 4,586.3 8.5 7.2 10.4 4,169.0 15.7 8.1 9.4 33,944.1 2,750 13.5
1995 12,462.2 2.5 2.3 24.3 7,873.6 4.5 3.9 15.4 4,588.6 -0.6 -0.5 9.0 4,598.4 1.8 4.2 9.0 3,950.5 10.9 12.9 7.7 37,443.9 2,985 11.8
1996 12,969.2 4.1 3.7 24.7 8,122.8 3.2 2.3 15.4 4,846.4 5.6 6.2 9.2 4,984.2 8.4 4.8 9.5 4,756.2 20.4 11.0 9.0 38,738.0 3,082 10.3
1997 12,884.8 -0.7 -1.7 24.1 8,332.4 2.6 1.4 15.6 4,552.4 -6.1 -7.1 8.5 5,634.6 13.0 11.1 10.5 5,070.0 6.6 0.3 9.5 39,180.5 3,109 10.4
1998 12,702.9 -1.4 -0.8 24.1 8,427.1 1.1 1.2 16.0 4,275.8 -6.1 -4.9 8.1 5,555.6 -1.4 -2.4 10.5 4,596.5 -9.3 -6.7 8.7 38,188.6 3,022 11.8
1999 13,034.3 2.6 4.4 25.1 8,585.6 1.9 3.5 16.5 4,448.6 4.0 6.0 8.6 5,171.5 -6.9 1.9 10.0 4,363.6 -5.1 3.6 8.4 37,556.1 2,967 10.5
2000 12,896.5 -1.1 -0.7 24.5 8,876.1 3.4 3.9 16.9 4,020.5 -9.6 -9.3 7.6 5,596.0 8.2 12.7 10.6 4,843.2 11.0 9.3 9.2 38,333.7 3,022 8.8
2001 12,971.1 0.6 1.1 24.8 9,170.7 3.3 3.4 17.5 3,800.3 -5.5 -4.2 7.3 5,349.9 -4.4 -6.7 10.2 5,004.7 3.3 1.0 9.6 37,751.3 2,969 5.6
2002 12,922.1 -0.4 0.5 25.0 9,353.4 2.0 2.7 18.1 3,568.7 -6.1 -4.6 6.9 5,685.3 6.3 7.8 11.0 4,988.2 -0.3 0.7 9.7 37,338.1 2,931 4.8
2003 12,678.4 -1.9 -0.6 24.6 9,376.9 0.3 1.8 18.2 3,301.5 -7.5 -7.2 6.4 5,998.9 5.5 9.5 11.6 5,125.1 2.7 3.4 9.9 37,648.7 2,950 4.3
2004 12,451.9 -1.8 -1.5 23.9 9,431.0 0.6 1.2 18.1 3,020.9 -8.5 -8.9 5.8 6,758.0 12.7 14.3 13.0 5,704.7 11.3 8.1 11.0 38,239.8 2,944 3.4
2005 12,301.5 -1.2 -1.3 23.5 9,495.8 0.7 0.8 18.1 2,805.7 -7.1 -7.7 5.4 7,344.4 8.7 7.2 14.0 6,553.3 14.9 6.1 12.5 38,715.5 3,030 3.4
2006 12,160.4 -1.1 -1.1 23.1 9,459.0 -0.4 0.1 18.0 2,701.4 -3.7 -4.9 5.1 8,363.1 13.9 10.3 15.9 7,618.1 16.2 4.7 14.5 38,865.8 3,040 2.4
2007 12,132.8 -0.2 -0.3 22.8 9,541.5 0.9 1.2 17.9 2,591.3 -4.1 -5.3 4.9 9,301.0 11.2 8.7 17.5 8,294.6 8.9 2.2 15.6 39,364.2 3,076 2.4
2008 12,088.4 -0.4 -1.1 23.2 9,560.1 0.2 -0.1 18.4 2,528.4 -2.4 -4.9 4.9 9,073.0 -2.5 1.6 17.4 8,839.1 6.6 0.7 17.0 37,719.1 2,946 2.5
2009 12,233.2 1.2 3.0 25.0 9,611.2 0.5 2.0 19.6 2,622.0 3.7 6.6 5.4 6,129.0 -32.4 -23.4 12.5 5,859.3 -33.7 -15.7 12.0 34,888.9 2,725 4.2
2010 12,297.6 0.5 1.0 24.6 9,752.7 1.5 1.9 19.5 2,544.9 -2.9 -2.4 5.1 7,523.7 22.8 24.9 15.0 6,792.9 15.9 11.2 13.6 36,246.5 2,831 3.7
2011 12,313.2 0.1 0.3 25.1 9,920.5 1.7 1.9 20.2 2,392.7 -6.0 -6.0 4.9 7,334.3 -2.5 -0.2 14.9 7,601.1 11.9 5.8 15.5 35,636.5 2,788 4.0
2012 12,471.6 1.3 1.9 25.2 10,024.1 1.0 1.7 20.3 2,447.5 2.3 2.8 4.9 7,199.0 -1.8 -0.1 14.5 7,964.5 4.8 5.4 16.1 36,021.6 2,824 2.6
2013 12,777.9 2.5 2.5 25.4 10,146.9 1.2 1.5 20.2 2,631.0 7.5 6.5 5.2 8,008.2 11.2 0.8 15.9 9,174.0 15.2 3.3 18.2 37,117.5 2,915 0.2
2014 13,088.7 2.4 0.7 25.5 10,356.1 2.1 0.5 20.2 2,732.6 3.9 1.1 5.3 9,013.5 12.6 9.3 17.5 10,280.3 12.1 8.3 20.0 37,531.3 2,952 -0.8
2015 13,237.6 1.1 0.8 25.0 10,532.8 1.7 1.7 19.9 2,704.9 -1.0 -2.4 5.1 9,357.1 3.8 2.9 17.6 9,579.7 -6.8 0.8 18.1 38,742.7 3,051 0.3
P 2016 13,229.6 -0.1 0.5 24.6 10,625.7 0.9 1.3 19.8 2,603.9 -3.7 -2.8 4.8 8,676.6 -7.3 1.2 16.2 8,156.2 -14.9 -2.3 15.2
13,400.0 1.0 1.1 - 10,710.0 1.0 1.1 - 2,690.0 0.7 1.1 - 8,590.0 -6.3 0.8 - 8,130.0 -11.3 -1.2 - 39,340.0 - -
13,720.0 2.4 1.6 - 10,880.0 1.6 1.0 - 2,840.0 5.4 4.2 - 9,100.0 5.9 3.2 - 8,570.0 5.3 2.6 - 40,420.0 - -
2013． Oct.-Dec. 12,907.2 0.3 0.5 25.5 10,158.4 -0.3 0.1 20.1 2,748.8 2.6 1.7 5.4 8,155.0 -0.4 -0.2 16.1 9,778.8 4.7 3.1 19.3 9,910.1 - 5.9
2014． Jan.-Mar. 12,981.4 0.6 0.1 25.3 10,232.1 0.7 0.2 20.0 2,749.3 0.0 -0.6 5.4 8,658.5 6.2 6.0 16.9 10,477.0 7.1 6.1 20.4 9,254.3 - -11.5
2014． Apr.-June 13,007.5 0.2 -1.5 25.4 10,349.2 1.1 -0.6 20.2 2,658.3 -3.3 -4.8 5.2 8,737.8 0.9 1.2 17.1 9,883.0 -5.7 -4.0 19.3 9,167.5 - 2.1
2014． July-Sept. 13,144.9 1.1 0.8 25.7 10,417.2 0.7 0.5 20.3 2,727.8 2.6 2.0 5.3 9,062.0 3.7 1.5 17.7 10,255.5 3.8 1.6 20.0 9,073.1 - -1.1
2014． Oct.-Dec. 13,187.9 0.3 0.4 25.5 10,433.5 0.2 0.2 20.2 2,754.5 1.0 1.2 5.3 9,572.3 5.6 3.4 18.5 10,469.8 2.1 1.1 20.2 10,036.5 - 5.9
2015． Jan.-Mar. 13,227.2 0.3 0.5 25.0 10,496.1 0.6 1.0 19.9 2,731.1 -0.8 -1.3 5.2 9,511.4 -0.6 1.1 18.0 9,778.5 -6.6 1.0 18.5 9,554.8 - -7.2
2015． Apr.-June 13,216.4 -0.1 -0.1 25.0 10,484.6 -0.1 0.1 19.8 2,731.8 0.0 -0.7 5.2 9,292.8 -2.3 -3.6 17.6 9,572.2 -2.1 -2.6 18.1 9,550.1 - 1.5
2015． July-Sept. 13,231.3 0.1 0.1 24.9 10,534.2 0.5 0.4 19.8 2,697.1 -1.3 -1.0 5.1 9,520.4 2.4 2.4 17.9 9,708.7 1.4 2.5 18.3 9,377.1 - -1.3
2015． Oct.-Dec. 13,279.9 0.4 0.3 25.0 10,620.2 0.8 0.7 20.0 2,659.8 -1.4 -1.2 5.0 9,104.0 -4.4 -0.4 17.1 9,252.2 -4.7 -0.3 17.4 10,260.8 - 7.1
2016． Jan.-Mar. 13,407.4 1.0 1.3 25.0 10,760.7 1.3 1.4 20.1 2,646.7 -0.5 0.7 4.9 8,744.2 -4.0 -0.0 16.3 8,303.3 -10.3 -2.0 15.5 9,658.1 - -5.3
2016．P Apr.-June 13,172.0 -1.8 -1.2 24.6 10,553.3 -1.9 -1.3 19.7 2,618.7 -1.1 -1.2 4.9 8,475.7 -3.1 -0.9 15.8 7,996.5 -3.7 -1.2 14.9 -
2016．P July-Sept. 13,182.1 0.1 0.0 24.6 10,583.8 0.3 0.2 19.7 2,598.3 -0.8 -0.8 4.8 8,501.2 0.3 2.1 15.8 7,937.2 -0.7 -0.2 14.8
2016．P Oct.-Dec. 13,167.5 -0.1 -0.5 24.4 10,614.3 0.3 0.0 19.7 2,553.2 -1.7 -2.4 4.7 8,964.0 5.4 3.1 16.6 8,367.7 5.4 1.4 15.5
2017．P Jan.-Mar. 13,198.3 0.2 0.1 24.5 10,618.2 0.0 -0.1 19.7 2,580.1 1.1 0.6 4.8 9,460.3 5.5 1.9 17.5 8,999.3 7.5 1.3 16.7
2017．P Apr.-June 13,375.1 1.3 1.3 24.5 10,657.6 0.4 0.3 19.5 2,717.5 5.3 5.1 5.0 9,355.0 -1.1 -0.5 17.2 9,014.8 0.2 1.4 16.5
(※) National Accounts: Figures are based on the System of National Accounts 2008 and Quarterly Estimates of GDP: April - June 2017. (the 1st preliminary)
(1980～1993: chain-linked, base year = 2000、1994～: chain-linked, base year = 2011)
(＃) FY2016, 2017: The government decided on January 20, 2017 the "Fiscal 2017 Economic Outlook and Basic Stance for Economic and Fiscal Management" at the Cabinet.
(＊) National Income, Savings ratio: Base year for figures is 2011. (1980～1993: Base year for figures is 2000.)
Percen-tagedistribu-tion
Gross Domestic Product (Continued) (※） ●National Income (＊)
Savingsratio
(＊)
Government Expenditures Exports of Goods and Services Imports of Goods and ServicesGovernment Consumption Capital Formation including
Inventories☆
Percen-tagedistribu-tion
☆ Percen-tagedistribu-tion
☆ Percen-tagedistribu-tion
☆
％
☆Percen-tagedistribu-tion
PerCapita
Released by Cabinet Office
％ 10 Billion Yen Thousand Yen ％
FY 2016 (#)
FY 2017 (#)
10 BillionYen
10 BillionYen
10 BillionYen
10 BillionYen
10 BillionYen
％ ％ ％
― 52 ―
〔Enterprises Profits〕
★ ★ ★
2013． Oct.-Dec. 3.8 26.6 4.0
2014． Jan.-Mar. 5.6 20.2 7.4
2014． Apr.-June 1.1 4.5 3.0
2014． July-Sept. 2.9 7.6 5.5
2014． Oct.-Dec. 2.4 11.6 2.8
2015． Jan.-Mar. -0.5 0.4 7.3
2015． Apr.-June 1.1 23.8 5.6
2015． July-Sept. 0.1 9.0 11.2
2015． Oct.-Dec. -2.7 -1.7 8.5
2016． Jan.-Mar. -3.3 -9.3 4.2
2016． Apr.-June -3.5 -10.0 3.1
2016． July-Sept. -1.5 11.5 -1.3
2016． Oct.-Dec. 2.0 16.9 3.8
2017． Jan.-Mar. 5.6 26.6 4.5
2017． Apr.-June2017． July-Sept.2017． Oct.-Dec.2018． Jan.-Mar.
(※1) 'TANKAN' (All Industries.) : * The figures are forecasted in the survey in june, 2017 ． (※2) Financial Statements Statistics of Corporations (All Industries.) : The figures do not include Finance and Insurance, and include pure holding company that has financial institutions in subsidiary company since April - June, 2008. Since fiscal year 2009, figures include Japan Post Holdings, Japan Post Service and Japan Post Network The figures of investment in plant and equipment include investment in software since fiscal year 2002. The figures in [ ] are forecast of half year / fiscal year of "Business Outlook Survey ",excluding Finance and Insurance.
Financial StatementsStatistics of Corporations
(All Industries.) (※2)TANKAN (All Industries.) (※1)
SalesOrdinary
Profits andLosses
Investmentin plant andequipment
Sales CurrentProfit
Ratio ofCurrentProfit to
Sales
LargeEnterprises
(Manufacturing)
LargeEnterprises
(Manufacturing)
LargeEnterprises
(Manufacturing)
★ ★
％ ％
FY 1985
1990 9.2 -2.0 14.1
-5.7 -14.4 2.68 4.046.9 4.2 12.8 2.3 0.3
1995 3.2 20.2
6.7 9.6 1.1 -1.9 3.41 5.15
2.67 3.81
2000
3.9 1.4 2.6 19.1 27.9
18.0 32.3 2.87 4.613.7 33.2 8.6
2005 6.2 15.6 -3.9
2.8 4.9
2011 -0.3 3.5
4.8 6.7 12.3 16.5 4.01 6.48
3.42 4.11-3.2
2012
0.7 2.2 0.4 -11.7
2013 2.5 23.1 6.6
7.2 12.4 3.65 4.64-0.5 7.0 4.0 0.6 -0.4
2014 2.7 8.3
5.5 7.1 28.4 48.7 4.44 6.45
4.63 7.385.9 11.5
2015
7.8 0.6 1.3
* -3.3
2016 [-1.1] [-2.2] [1.8]
4.8 -5.3 4.91 7.15-1.1 5.6 7.1 -1.3 -2.3
[3.9] * 2.0 * 2.4 * -4.22017 [2.1] [0.1]
* -1.5 * -2.9 * 4.4 * -0.5 * 5.21 * 7.33
* 4.89 * 6.92
23.7 4.36 6.01
2014・1H 2.3 2.2 4.4 3.1 4.57 7.22
2013・2H 7.9 10.0 21.7
2015・1H 0.0 0.1 16.0 14.5 5.30 8.26
2014・2H -0.9 0.5 7.3 20.2 4.68 7.53
2016・1H -3.7 -6.1 -8.1 -25.8 5.06 6.52
2015・2H -2.5 -4.5 -5.4 -23.0 4.54 6.07
2017・1H [2.6] [5.6] [11.1]
* -11.9 * 4.90 * 6.99
2016・2H * 0.7 * 0.2 * 18.4 * 33.1 * 5.34 * 8.06
Released by Ministry of Finance Bank of Japan
2017・2H [1.7] [－4.4] [-1.9] * 1.1 * 1.7 * -7.3
* 3.0 * 3.2 * -0.8 * 8.2 * 4.88 * 6.84
― 53 ―
MONTHLY FINANCE REVIEW
Published by Information Service Department Policy Research Institute Ministry of Finance 3-1-1 Kasumigaseki, Chiyoda-ku, Tokyo100-8940 JAPAN
URL http://www.mof.go.jp/english/pri/publication/mf_review/index.htm
Printed in Japan