Japan's 2011 current account surplus makes recorded drop
Tokyo - Arabstoday
Japan's current account surplus in 2011 fell 43.9 percent, a record drop since 1985, said Japanese government Wednesday.According to the data released by Japan Finance Ministry, Japan 's current account surplus in 2011 was 125.19 billion U.S. dollars.The sharp decline mainly attributed to the earthquake and nuclear disaster, the flood in Thailand and the strong yen last year.Another data published by the Finance Ministry in a preliminary report shows the balance in December was 3.94 billion U.S. dollars in surplus, 74.7 percent down from the previous year.
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