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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]
This is a sorted list of Asian countries according to their rank, with their factual and estimated gross domestic product data by the International Monetary Fund. [1] The top 3 largest economies in Asia are China, Japan and India.
Rank Country GDP (millions of USD) 1 China 17,700,899 2 Japan 4,230,862 3 India 3,732,224 4 South Korea 1,709,232 5 Australia 1,687,713 6 Indonesia 1,417,387 7 Taiwan ...
Japan’s economy has contracted unexpectedly because of weak domestic consumption, pushing the country into recession and causing it to lose its position as the world’s third largest economy to ...
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living ; [ 1 ] [ 2 ] however, this is inaccurate because GDP per capita is not a measure of personal income .
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.
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 ...
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