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Recording of Travel Expenditure of Foreign Cruise Travelers in Travel in Japan's Balance of Payments Statistics

October 9, 2018
Ministry of Finance
Bank of Japan

The Ministry of Finance and the Bank of Japan have decided to record travel expenditure of foreign cruise travelers in travel, a component of services in the current account, in Japan's balance of payments statistics from the second preliminary figures for the second quarter (April-June) of 2018 and the preliminary figures for August 2018.

This was made possible as the Japan Tourism Agency had expanded the coverage of the International Visitor Survey, conducted quarterly, to include foreign cruise travelers from January 2018.

The figures for travel for the first quarter (January-March) of 2018 are to be revised to retroactively reflect the change in the next annual revision, which is scheduled to be released in April 2019.

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Balance of Payments Division, International Department

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