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Prior to the last two quarters, the economy contracted 0.6% in the January-March quarter after recording a 0.1% growth in October-December in 2023, highlighting how Japan’s economy recently ...
Japan’s economy grew at an annual rate of 3.1% in the April-June period, rebounding from the contraction in the previous quarter, government data showed Thursday. Japan’s GDP shrank 0.6% in ...
Japan's economy likely expanded more than initially estimated in April-June thanks to solid business spending, a Reuters poll showed, but growth prospects in the current quarter and beyond may not ...
According to the IMF, the country's per capita GDP (PPP) was at $53,059 (2024). [6] [27] Due to a volatile currency exchange rate, Japan's nominal GDP as measured in American dollars fluctuates sharply. Being a founding member of the G7 and an early member of the OECD, Japan was the first country in Asia to achieve developed country status.
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
This is an alphabetical list of countries by past and projected Gross Domestic Product per capita, based on the Purchasing Power Parity (PPP) methodology, not on official exchange rates.
Gross domestic product (GDP) in the world's third-largest economy expanded an annualised 3.5% in the second quarter, stronger than the preliminary estimate of annualised 2.2% growth, government ...
2024 GDP (nominal) in billions — Asia: 42.72 trillion: 1 China: 18.53 trillion [2] 2 Japan: 4.07 trillion [3] 3 India: 3.88 trillion [4] 4 Russia: 2.0 trillion 5 South Korea: 1.76 trillion 6 Indonesia: 1.47 trillion 7 Turkey: 1.3 trillion 8 Saudi Arabia: 1.11 trillion 9 Taiwan: 803.0 billion 10 Thailand: 548.9 billion 11 Israel: 530.6 billion 12