Economy of Japan
Population: 126.53 M (2018)
GDP per Capita: 39,290 USD (2018)
4,971 B.

GDP USD

(2018)

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917,120 M.

EXPORTS USD

(2018)

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904,430 M.

IMPORTS USD

(2018)

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224.57 %

PUBLIC DEBT

(2018)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 0.79 % (2018)
GDP of 2010 USD USD 6,189.80 B. (2018)
GDP Current USD USD 4,971.32 B. (2018)
GDP per Capita Current USD USD 39,290 (2018)
GDP per capita, PPP USD 39,294 (2018)
GDP per Capita, 2010 USD USD 48,920 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 19.75 % (2018)
Government Spending USD 981.64 B. (2018)
Government Debt % GDP 224.57 % (2018)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 64.73 (2018)
Trade Openness 36.64 % (2018)
Exports of Goods and Services % GDP 18.45 % (2018)
Exports Goods & Services USD 917.12 B. (2018)
Exports Annual Growth 3.42 % (2018)
Imports as % GDP 18.19 % (2018)
Total Imports USD 904.43 B. (2018)
Foreign Direct Investment % GDP 0.52 % (2018)
Foreign Direct Investment USD 25.88 B. (2018)
Current Account Balance % GDP USD 3.51 % (2018)
Current Account Balance USD 174.72 B. (2018)
Trade Balance % GDP 0.26 % (2018)
Trade Balance USD 3.98 B. (2018)
Foreign Exchange Reserves incl Gold USD 1,270.47 B. (2018)
Remittances % GDP 0.09 % (2018)
Remittances USD 4,196 M. (2018)
Balance of Payments USD 9,445 M. (2018)

Labor Market

Indicator Value
Labor Force 66.80 M. (2019)
Unemployment Rate 2.41 % (2019)
Unemployment Rate Females 2.14 % (2019)
Unemployment Rate Males 2.41 % (2019)
Youth Unemployment (ages 15-24) 4.07 % (2019)
Labor Force Participation Rate 60.59 % (2019)
Labor Force (Percent Female) 44.02 % (2019)
Female Labor Force Participation Rate 51.37 % (2019)
Male Labor Force Participation Rate 70.41 % (2019)
Dependent People 67.43 % (2018)

Agriculture Sector

Indicator Value
Forest Area 68.50 % (2016)
Forest Area km² 249,564 km² (2016)
Agricultural Land 12.26 % (2016)
Agricultural Land km² 44,710 km² (2016)
Employment 3.38 % (2019)
Value added % GDP 1.19 % (2017)
Agriculture Value added USD 57.80 B. (2017)
Crop Production Index 81.80 (2016)
Precipitation 1,668 mm (2014)
Arable Land 12 % (2016)
Cereal Yield 6,049 kg/hectare (2017)
Food production index 92 (2016)
Rural Population 8 % (2018)
Fertilizer use of Arable Land 242 kg/hectare (2016)
Livestock Production Index 101 (2016)
Economy of Japan

According to the World Bank and its latest published data, the economy of the Japan presents a growth rate of 0.79 % (2018) to the previous year.

With a population that reaches 126.53 M (2018) and a gross domestic product of USD 4,971.32 B. (2018), it translates a Gross Domestic Product per Capita of USD 39,290 placing its inhabitants on the threshold of an High-income country (according to the World Bank's updated classification).

Japan also has a workforce of 66.80 M. (2019) with an unemployment rate of 2.41 % (2019), where women represent 2.14 % (2019) and men 2.41 % (2019), the unemployment rate for young people between 15-24 years old stood at 4.07 % (2019). The total number of dependent people stands at 67.43 % (2018).

The central government spent 19.75 % (2018) of its gross domestic product that year, which in absolute terms is USD 981.64 B. (2018). Its consolidated public debt reached 224.57 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Japan exported USD 917.12 B. (2018), which represents 18.45 % (2018) of its gross domestic product, in that same sense its imports reached USD 904.43 B. (2018) with a direct foreign investment of USD 25.88 B. (2018).

Japan has a forest area of 249,564 km² (2016), which represents 68.50 % (2016) of its total area, an average rainfall of 1,668 mm (2014) per year and a population of 8 % (2018) living in rural areas. With a total area of 44,710 km² (2016) available for agriculture and 3.38 % (2019) of its employments, the agricultural sector contributes to the economy of the Japan about USD 57.80 B. (2017) (1.19 % (2017) of its GDP).