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The economy of Japan is a highly developed mixed economy, often referred to as an East Asian model. [23] 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. [ 24 ]
The share of Japan's total imports coming from this region dropped from 7.3 percent in 1970 to 4.1 percent in 1980, remaining at 4.2 percent in 1990. Japan's exports to Latin America also declined, from 6.9 percent in 1980 to 3.6 percent in 1990. [1]
The top 3 largest economies in Asia are China, Japan and India. China is the largest economy in Asia, comprising nearly half of the continent's gross domestic product. China (48.61%)
Japan’s economy was the second largest until 2010, when it was overtaken by China’s. Japan’s nominal GDP totaled $4.2 trillion last year, while Germany’s was $4.4 trillion, or $4.5 ...
Prior to the last two quarters, the economy contracted 0.6% in the January-March quarter after recording a 0.1% growth in October-December in 2023, highlighting how Japan’s economy recently ...
The data confirms that Japan’s economy was the world’s fourth largest behind Germany in US dollar terms last year. Domestic demand was particularly weak. All major domestic demand categories ...
The article lists the GDP of Japanese prefectures in main fiscal years, where all figures are obtained from the Statistics Bureau of Japan (日本統計局).Calculating GDP of Japanese prefectures is based on Japanese yen (JP¥), for easy comparison, all the GDP figures are converted into United States dollar (US$) or Renminbi (CN¥) according to current annual average exchange rates.
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.