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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 fifth-largest by purchasing power parity (PPP), below India and Russia. [ 25 ]
Japan slipped into a technical recession last quarter, after its economy shrank by 0.4% at an annualized rate, which means that it had two straight quarters of declining GDP, regardless of whether ...
The Japanese Economic Yearbooks from 1967 to 1971 witnessed a significant increase. In 1967, the yearbook said: the Japanese economy in 1966 thus made an advance more rapidly than previously expected. [15] In 1968, the yearbook said that the Japanese economy continued to make a sound growth after it had a bottom in the autumn of 1965. [16]
From the late nineteenth century to the end of the 1980s, Japan was the dominant economic power in East Asia. In the late 1980s and early 1990s, Japan's GDP was large as the rest of Asia combined. [46] Japan's early industrial economy reached its height in World War II when it expanded its
The Japanese economy shrank at an annual rate of 2% in the first quarter of this year, as consumption and exports declined, the government said Thursday. Although unemployment has stayed ...
Japan's economy shrank by an annualized rate of 2% in the first quarter of 2024, as a weak yen and inflation drag down spending. ... Household consumption dropped by 0.7% compared to the previous ...
In Japanese history, the Jōmon period (縄文 時代, Jōmon jidai) is the time between c. 14,000 and 300 BCE, [1] [2] [3] during which Japan was inhabited by a diverse hunter-gatherer and early agriculturalist population united through a common Jōmon culture, which reached a considerable degree of sedentism and cultural complexity. [4]
Japan’s economy grew at an annual rate of 2.9%, slower than the earlier report for 3.1% growth, in the April-June period, boosted by better wages and spending, revised government data showed Monday.