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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 but ahead of Germany. [ 25 ]
A developed economy like Japan’s isn’t going to always grow like crazy, and that‘s more than okay. ... Toyota is worth 57.5 trillion yen, or $381.6 billion, today. NTT, by comparison, is ...
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.
For the whole of 2023, Japan’s nominal GDP grew 5.7% over 2023 to come in at 591.48 trillion yen, or $4.2 trillion based on the average exchange rate in 2023.
The article lists the GDP of Japanese prefectures in main fiscal years, where all figures are obtained from the Statistics Bureau of Japan (日本統計局).Calculating GDP of Japanese prefectures is based on Japanese yen (JP¥), for easy comparison, all the GDP figures are converted into United States dollar (US$) 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 ...
TOKYO (AP) — The Japanese economy shrank at an annual rate of 1.8% in the first quarter of this year, slightly better than the initial estimate at a 2.0% contraction, according to revised ...
Japan's financial and policy positions become more prominent. Tokyo had assumed a leading role at the Asian Development Bank for a number of years. At the World Bank, Japan's voting share represented about 9.4 percent, compared with 16.3 percent for the United States.