Japan Economic Statistics and Indicators

31, Mar 2015, EDT. Welcome to the Japan economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Japan › Change country
National or Regional Currency: Yen, JPY
Year of data: 2014 › Change year
Number of Indicators Listed: 43
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 127,103,388 (July 2014 est.) ; note: Millersville settlement on western side of island occasionally used as a weather station from 1935 until World War II, when it was abandoned; reoccupied in 1957 during the International Geophysical Year by scientists who left in 1958; public entry is by special-use permit from US Fish and Wildlife Service only and generally restricted to scientists and educators; visited annually by US Fish and Wildlife Service
Area: total: 377,915 sq km ; land: 364,485 sq km ; water: 13,430 sq km ; note: includes Bonin Islands (Ogasawara-gunto), Daito-shoto, Minami-jima, Okino-tori-shima, Ryukyu Islands (Nansei-shoto), and Volcano Islands (Kazan-retto)
Natural Resources: negligible mineral resources, fish ; note: with virtually no energy natural resources, Japan is the world's largest importer of coal and liquefied natural gas, as well as the second largest importer of oil
Capital: name: Tokyo ; geographic coordinates: 35 41 N, 139 45 E ; time difference: UTC+9 (14 hours ahead of Washington, DC, during Standard Time)

In the years following World War II, government-industry cooperation, a strong work ethic, mastery of high technology, and a comparatively small defense allocation (1% of GDP) helped Japan develop a technologically advanced economy. Two notable characteristics of the post-war economy were the close interlocking structures of manufacturers, suppliers, and distributors, known as keiretsu, and the guarantee of lifetime employment for a substantial portion of the urban labor force. Both features are now eroding under the dual pressures of global competition and domestic demographic change. Japan's industrial sector is heavily dependent on imported raw materials and fuels. A small agricultural sector is highly subsidized and protected, with crop yields among the highest in the world. While self-sufficient in rice production, Japan imports about 60% of its food on a caloric basis. For three decades, overall real economic growth had been spectacular - a 10% average in the 1960s, a 5% average in the 1970s, and a 4% average in the 1980s. Growth slowed markedly in the 1990s, averaging just 1.7%, largely because of the after effects of inefficient investment and an asset price bubble in the late 1980s that required a protracted period of time for firms to reduce excess debt, capital, and labor. Modest economic growth continued after 2000, but the economy has fallen into recession three times since 2008. A sharp downturn in business investment and global demand for Japan's exports in late 2008 pushed Japan into recession. Government stimulus spending helped the economy recover in late 2009 and 2010, but the economy contracted again in 2011 as the massive 9.0 magnitude earthquake and the ensuing tsunami in March disrupted manufacturing. The economy has largely recovered in the two years since the disaster, but reconstruction in the Tohoku region has been uneven. Prime Minister Shinzo ABE has declared the economy his government's top priority; he has overturned his predecessor's plan to permanently close nuclear power plants and is pursuing an economic revitalization agenda of fiscal stimulus, monetary easing, and structural reform. Japan joined the Trans Pacific Partnership negotiations in 2013, a pact that would open Japan's economy to increased foreign competition and create new export opportunities for Japanese businesses. Measured on a purchasing power parity (PPP) basis that adjusts for price differences, Japan in 2013 stood as the fourth-largest economy in the world after second-place China, which surpassed Japan in 2001, and third-place India, which edged out Japan in 2012. The new government will continue a longstanding debate on restructuring the economy and reining in Japan's huge government debt, which is exceeding 230% of GDP. To help raise government revenue and reduce public debt, Japan decided in 2013 to gradually increase the consumption tax to a total of 10% by the year 2015. Japan is making progress on ending deflation due to a weaker yen and higher energy costs, but reliance on exports to drive growth and an aging, shrinking population pose other major long-term challenges for the economy.
More on the Japan Economy
More on the Japan Export, Import and Trade

Economic Indicator Listing
  For Japan in year 2014 Indicator Value
GDP Growth (Constant Prices, National Currency) 0.891 %
GDP (Current Prices, National Currency)JPY 488,609.54 Billion.
GDP (Current Prices, US Dollars)US$ 4,769.80 Billion
GDP Deflator 92.182 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)JPY 4,171,607.56 .
GDP Per Capita (Current Prices, National Currency)JPY 3,845,482.42 .
GDP Per Capita (Current Prices, US Dollars)US$ 37,539.58
Output Gap, Percent of Potential GDP -1.603 %
GDP (PPP), US DollarsUS$ 4,788.03 Billion
GDP Per Capita (PPP), US DollarsUS$ 37,683.05
GDP Share of World Total (PPP) 4.475 %
Implied PPP Conversion Rate 102.048
Investment (% of GDP) 22.153 %
Gross National Savings (% of GDP) 23.105 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 102.699 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 2.655 %
Inflation, End of Year (Indexed to Year 2000) 103.448 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 2.567 %
Six-month London Interbank Offered Rate (LIBOR) Change % 0.18 %
Import Volume of All Items Including Goods and Services (Percent Change) 6.987 %
Import Volumes of Goods Only (Percent Change) 2.087 %
Export Volume of All Items Including Goods and Services (Percent Change) 1.551 %
Export Volumes of Goods Only (Percent Change) 1.491 %
Unemployment Rate (% of Labour Force) 3.71 %
Employment 63.357 Million
Population 127.061 Million
General government revenue (National Currency)JPY 159,972.20 Billions.
General government revenue (% of GDP) 32.74 %
General government total expenditure (National Currency)JPY 194,622.35 Billions.
General government total expenditure (% of GDP) 39.832 %
Total Government Net Lending/ Borrowing (National Currency)JPY -34,650.15 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -7.092 %
General Government Structural Balance (National Currency)JPY -33,089.62 Billion.
General Government Structural Balance (% Potential GDP) -6.663 %
Fiscal Year Gross Domestic Product, Current PricesJPY 488,609.54 Billions.
Current Account Balance (US Dollars)US$ 45.417 Billion
Current Account Balance (% GDP) 0.952 %
Economic Indicators for Japan 2014

GDP (Constant Prices, National Currency) for Japan in year 2014 is JPY 530,047.22 Billion.

GDP Growth (Constant Prices, National Currency) for Japan in year 2014 is 0.891 %.

GDP (Current Prices, National Currency) for Japan in year 2014 is JPY 488,609.54 Billion.

GDP (Current Prices, US Dollars) for Japan in year 2014 is US$ 4,769.80 Billion.

GDP Deflator for Japan in year 2014 is 92.182 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Japan in year 2014 is JPY 4,171,607.56 .

GDP Per Capita (Current Prices, National Currency) for Japan in year 2014 is JPY 3,845,482.42 .

GDP Per Capita (Current Prices, US Dollars) for Japan in year 2014 is US$ 37,539.58 .

Output Gap, Percent of Potential GDP for Japan in year 2014 is -1.603 %.

GDP (PPP), US Dollars for Japan in year 2014 is US$ 4,788.03 Billion.

GDP Per Capita (PPP), US Dollars for Japan in year 2014 is US$ 37,683.05 .

GDP Share of World Total (PPP) for Japan in year 2014 is 4.475 %.

Implied PPP Conversion Rate for Japan in year 2014 is 102.048 .

Investment (% of GDP) for Japan in year 2014 is 22.153 %.

Gross National Savings (% of GDP) for Japan in year 2014 is 23.105 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Japan in year 2014 is 102.699 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Japan in year 2014 is 2.655 %.

Inflation, End of Year (Indexed to Year 2000) for Japan in year 2014 is 103.448 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Japan in year 2014 is 2.567 %.

Six-month London Interbank Offered Rate (LIBOR) Change % for Japan in year 2014 is 0.18 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Japan in year 2014 is 6.987 %.

Import Volumes of Goods Only (Percent Change) for Japan in year 2014 is 2.087 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Japan in year 2014 is 1.551 %.

Export Volumes of Goods Only (Percent Change) for Japan in year 2014 is 1.491 %.

Unemployment Rate (% of Labour Force) for Japan in year 2014 is 3.71 %.

Employment for Japan in year 2014 is 63.357 Million .

Population for Japan in year 2014 is 127.061 Million .

General government revenue (National Currency) for Japan in year 2014 is JPY 159,972.20 Billions.

General government revenue (% of GDP) for Japan in year 2014 is 32.74 %.

General government total expenditure (National Currency) for Japan in year 2014 is JPY 194,622.35 Billions.

General government total expenditure (% of GDP) for Japan in year 2014 is 39.832 %.

Total Government Net Lending/ Borrowing (National Currency) for Japan in year 2014 is JPY -34,650.15 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Japan in year 2014 is -7.092 %.

General Government Structural Balance (National Currency) for Japan in year 2014 is JPY -33,089.62 Billion.

General Government Structural Balance (% Potential GDP) for Japan in year 2014 is -6.663 %.

Fiscal Year Gross Domestic Product, Current Prices for Japan in year 2014 is JPY 488,609.54 Billions.

Current Account Balance (US Dollars) for Japan in year 2014 is US$ 45.417 Billion.

Current Account Balance (% GDP) for Japan in year 2014 is 0.952 %.

* Source: IMF
Aggregate Indicators for Japan
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Japan
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Japan
  Natural Resources, Agricultural Products, Land Use and Water Use for Japan
  Nationality, Ethnic Groups, Languages and Religions for Japan
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Japan
  Age Structure, Median Age, Gender and Urbanization for Japan
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Japan
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Japan
  HIV, AIDS and Other Major Infectious Disease Rates for Japan
  Literacy Rate, Educational Expenditure and School Life Expectancy for Japan
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Japan
  Industries and Industrial Growth Production Rate for Japan
  Labor Force by Occupation for Japan
  Poverty Line, Gini Index, Household Income and Consumption for Japan
  National Budget and Public Debt for Japan
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Japan
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Japan
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Japan
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Japan
  Foreign Exchange Reserves and Gold Reserves for Japan
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Japan
  Exchange Rate Statistics for Japan
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Japan
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Japan
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Japan
  Television and Radio Statistics (TV Stats, Radio Stats) for Japan
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Japan
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Japan
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Japan
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Japan
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Japan
* Source: CIA
Internet Indicators for Japan
Indicators
  Number of Internet Users for Japan
  Internet Penetration Rate for Japan
  Number of Facebook Accounts for Japan
  Facebook Penetration Rate for Japan
* Source: IWS
Economic Freedom Indicators for Japan
Indicators
  Economic Freedom World Rank for Japan
  Economic Freedom Regional Ranking for Japan
  Business Freedom for Japan
  Trade Freedom for Japan
  Fiscal Freedom for Japan
  Government Spending for Japan
  Monetary Freedom for Japan
  Investment Freedom for Japan
  Financial Freedom for Japan
  Property Rights for Japan
  Freedom from Corruption for Japan
  Labor Freedom for Japan
  Tariff Rate for Japan
  Income Tax Rate for Japan
  Corporate Tax Rate for Japan
  Tax Burden % of GDP for Japan
  Government Expenditure % of GDP for Japan
* Source: HFO
Corruption Perceptions Index Rank and Score for Japan
Indicator
  Corruption Perceptions Index Rank and Score for Japan
* Source: TIO
Japan Economic Indicators in other Years
  Japan Economic Indicators for Year 2019 (Forecast)
  Japan Economic Indicators for Year 2018 (Forecast)
  Japan Economic Indicators for Year 2017 (Forecast)
  Japan Economic Indicators for Year 2016 (Forecast)
  Japan Economic Indicators for Year 2015 (Forecast)
Japan Economic Indicators for Year 2014 (Current)
  Japan Economic Indicators for Year 2013
  Japan Economic Indicators for Year 2012
  Japan Economic Indicators for Year 2011
  Japan Economic Indicators for Year 2010
  Japan Economic Indicators for Year 2009
  Japan Economic Indicators for Year 2008
  Japan Economic Indicators for Year 2007
  Japan Economic Indicators for Year 2006
  Japan Economic Indicators for Year 2005
  Japan Economic Indicators for Year 2004
  Japan Economic Indicators for Year 2003
  Japan Economic Indicators for Year 2002
  Japan Economic Indicators for Year 2001
  Japan Economic Indicators for Year 2000
  Japan Economic Indicators for Year 1999
  Japan Economic Indicators for Year 1998
  Japan Economic Indicators for Year 1997
  Japan Economic Indicators for Year 1996
  Japan Economic Indicators for Year 1995
  Japan Economic Indicators for Year 1994
  Japan Economic Indicators for Year 1993
  Japan Economic Indicators for Year 1992
  Japan Economic Indicators for Year 1991
  Japan Economic Indicators for Year 1990
  Japan Economic Indicators for Year 1989
  Japan Economic Indicators for Year 1988
  Japan Economic Indicators for Year 1987
  Japan Economic Indicators for Year 1986
  Japan Economic Indicators for Year 1985
  Japan Economic Indicators for Year 1984
  Japan Economic Indicators for Year 1983
  Japan Economic Indicators for Year 1982
  Japan Economic Indicators for Year 1981
  Japan Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International