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Japan gdp for 2020 was $5,055.59B, a 1.22% decline from 2019. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.
The economy of Japan is a highly developed mixed economy, often referred to as an East Asian model. [24] It is the fourth-largest economy in the world by nominal GDP behind the United States, China, and Germany, and the fourth-largest by purchasing power parity (PPP) as well, after India instead of Germany. [25]
The Gross Domestic Product (GDP) in Japan was worth 4212.95 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Japan represents 4 percent of the world economy.
GDP growth (annual %) - Japan. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. LineBarMap. Also Show Share Details. Label.
Japan’s nominal GDP totaled $4.2 trillion last year, while Germany’s was $4.4 trillion, or $4.5 trillion, depending on the currency conversion. A weaker Japanese yen was a key factor in the drop to fourth place, since comparisons of nominal GDP are in dollar terms.
Graph and download economic data for Real Gross Domestic Product for Japan (JPNRGDPEXP) from Q1 1994 to Q2 2024 about Japan, real, and GDP.
Jul 4, 2024. In 2023, the gross domestic product of Japan was estimated to be around 4.21 trillion U.S. dollars. This makes Japan third in the world GDP ranking.
The GDP figure in the third quarter of 2023 was $859,551 million, leaving Japan placed 3th in the ranking of quarterly GDP of the 53 countries that we publish. Japan has a quarterly GDP per capita, of $7,564, less than the same period last year, when it was $7,985 .
The Japanese economy is the fourth-largest in the world, as measured by gross domestic product (GDP). Japan has a market economy that grew extraordinarily quickly for several decades after World War II.
Graph and download economic data for Gross Domestic Product for Japan (JPNNGDP) from Q1 1994 to Q2 2024 about Japan and GDP.