In 2023, Japan's nominal gross domestic product, or nominal GDP, was US$4.2106 trillion, falling to fourth place in the world. Nagahama Toshihiro, a senior economic analyst at Japan's Dai-ichi Life Economics Research Institute, said that the biggest reason was the excessive depreciation of ...
Germany has overtaken Japan to be the world's third-largest economy. According to official Japanese data released on Thursday, Japan's nominal GDP in 2023 was 591.48 trillion yen ($4.21 trillion), lower than Germany's $4.46 tril...
Real gross domestic product (GDP), the total value of goods and services produced, shrank 0.1 percent from the previous quarter, the government's preliminary figures showed. Japan's nominal GDP in 2023, unadjusted for inflation, s...
Japan's nominal GDP totaled $4.2 trillion last year. 日本去年的名义GDP总额为4.2万亿美元。 Germany's was between $4.4 and $4.5 trillion. 德国的名义GDP总额在4.4至4.5万亿美元之间。 Real GDP takes into account inflation, while nominal GDP does not. 实际GDP考虑了通胀,而名义GDP则没有。 A weaker...
The forecast highlighted the long-term weakness of the Japanese economy. According to the report, Japan's nominal GDP -- that is, unadjusted for inflation -- is expected to fall 0.2%, year-on-year, to $4.23 trillion in 2023, while Germany's is forecast to expand 8.4% to $4.42 trillion...
Meanwhile, Japan lost its status as the world's third-largest economy to Germany in dollar terms, as its nominal GDP for 2023, unadjusted for inflation, stood at 4.21 trillion U.S. dollars, less than the size of the German economy which totaled 4.46 trillion U.S. dollars. ...
Japan Nominal GDP reached 1,080.1 USD bn in Mar 2023. Its GDP deflator (implicit price deflator) increased 1.7 % in Mar 2023. Japan GDP Per Capita reached 33,906.0 USD in Dec 2022. Its Gross Savings Rate was measured at 28.8 % in Mar 2022.View...
Related information about Japan Real GDP Growth In the latest reports, Nominal GDP of Japan reached 990.7 USD bn in Dec 2022. Its GDP deflator (implicit price deflator) increased 1.2 % in Dec 2022. GDP Per Capita in Japan reached 33,901.7 USD in Dec 2022. Its Gross Savings Rate was...
A weaker Japanese yen was a key factor in the drop to fourth place, since comparisons of nominal GDP are in dollar terms.
The gap between developed countries and emerging nations is shrinking, with India likely to overtake Japan in nominal GDP in a few years. The U.S. remains the world’s largest economy by far, with GDP at $27.94 trillion in 2023, while China’s was $17.5 ...