ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Japan's travel balance turns positive 1st time in 55 years

TOKYO -- Investment and services are playing an increasingly large role in fueling Japan's growth, a shift from the model that long relied on exports of cars, appliances and other goods to drive the economy.

     According to the Ministry of Finance's balance of payments statistics for fiscal 2014, released Wednesday, Japan's travel balance moved into the black for the first time since fiscal 1959 thanks to robust spending by foreign visitors.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more