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Revision to "Travel Payments" Figures

November 9, 2023
Ministry of Finance
Bank of Japan

The Ministry of Finance and the Bank of Japan have revised the figures for January 2022 through August 2023 of "travel payments (debit)," a component of services in the current account, in Japan's balance of payments statistics.

"Travel payments" cover goods and services acquired by Japanese travelers abroad. The data are primarily estimated by multiplying "per capita expenditure of travelers" -- which is calculated using the data from the Factual Survey of the Overseas Travel Situation conducted by the JTB Tourism Research & Consulting Co. -- by the "number of travelers."

For the "travel payments" figures for January 2022 through August 2023, the source data for the "per capita expenditure of travelers" have been updated to those from the latest survey. Likewise, the data from the same round of the survey were used as the source data for the preliminary figure for September 2023 released today.

The revised "travel payments" figures are available in the BOJ Time-Series Data Search.

Inquiries

Balance of Payments Statistics Group, Balance of Payments Division, International Department

E-mail : boj-bop@boj.or.jp