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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] It constituted 4.2% of the world's economy on a nominal basis in 2022. [25] According to the IMF, the country's per capita GDP (PPP) was at $53,059 (2024).
The article lists the GDP of Japanese prefectures in main fiscal years, where all figures are obtained from the Statistics Bureau of Japan (日本統計局).Calculating GDP of Japanese prefectures is based on Japanese yen (JP¥), for easy comparison, all the GDP figures are converted into United States dollar (US$) or Renminbi (CN¥) according to current annual average exchange rates.
After its defeat and economic collapse after the war, Japan's economy recovered in the 1950s with the post-war economic miracle in which ushered in three decades of unprecedented growth and propelled the country into the world's second-largest economy by the 1980s only to experience an economic slowdown during the 1990s, but Japan nonetheless ...
Japan was historically touted as “an economic miracle,” rising from the ashes of World War II to become the second largest economy after the U.S.. It kept that going through the 1970s and 1980s.
For the whole of 2023, Japan’s nominal GDP grew 5.7% over 2023 to come in at 591.48 trillion yen, or $4.2 trillion based on the average exchange rate in 2023.
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.
The economy of Japan suffered its worst post-World War II economic stagnation set in the early 1990s (which coincided with the end of Cold War), which was triggered by the latter event of the 1997 Asian financial crisis. It, however, rebounded strongly in the early 2000s due to strong growth in exports, although unable to counteract China in ...
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 ...