Japan gdp per capita

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Additional Information. Figures have been rounded for the sake of a better understanding of the statistic. Economic sector distribution of the workforce in Japan Skip to main content. The statistic shows the gross domestic product GDP per capita in Japan from to , with projections up until In , the estimated gross domestic product per capita in Japan was around 33,

Japan gdp per capita

The Japanese economy is forecast by the Quarterly Tankan survey of business sentiment conducted by the Bank of Japan. Japan is the world's second-largest automobile manufacturing country. Facing increasing competition from China and South Korea, [40] manufacturing in Japan currently focuses primarily on high-tech and precision goods, such as integrated circuits , hybrid vehicles , and robotics. Japan had formerly the second-largest assets and wealth, behind only the United States in both categories, until it was surpassed by China in both assets and wealth. In , it was surpassed by China. Japanese government asset price bubble collapse in led to a period of economic stagnation known as the "Lost Decade" , sometimes extended to a "lost 20 years" or greater. The " Plaza Accord of is considered a major factor in the collapse of the asset price bubble and the "Lost Decades". In the three decades of economic development following , rapid economic growth referred to as the Japanese post-war economic miracle occurred. By , income per capita in Japan equaled or surpassed that in most countries in the West. During the second half of the s, rising stock and real estate prices created an economic bubble. Growth in Japan throughout the s at 1. After another decade of low growth rate, the term became the Lost 20 Years.

Retrieved 3 March

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Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U. As the graph below shows, over the past 60 years this indicator reached a maximum value of 4,, in and a minimum value of , in Data are in current local currency. Over the past 60 years, the value for this indicator has fluctuated between 36, in and 6, in Data are in constant U. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.

Japan gdp per capita

The Japanese economy is forecast by the Quarterly Tankan survey of business sentiment conducted by the Bank of Japan. Japan is the world's second-largest automobile manufacturing country. Facing increasing competition from China and South Korea, [40] manufacturing in Japan currently focuses primarily on high-tech and precision goods, such as integrated circuits , hybrid vehicles , and robotics. Japan had formerly the second-largest assets and wealth, behind only the United States in both categories, until it was surpassed by China in both assets and wealth. In , it was surpassed by China. Japanese government asset price bubble collapse in led to a period of economic stagnation known as the "Lost Decade" , sometimes extended to a "lost 20 years" or greater. The " Plaza Accord of is considered a major factor in the collapse of the asset price bubble and the "Lost Decades".

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Retrieved 12 November Show detailed source information? Retrieved 27 January Because of political decisions on local, prefectural, and national levels, Japan decided not to exploit its forest resources for economic gain. The dispersed corporations were re-interlinked through share purchases to form horizontally integrated alliances across many industries. GDP from Mining. The Bank of Japan used quantitative easing to expand the country's money supply in order to raise expectations of inflation and spur economic growth. World Nuclear Association. Archived from the original on 19 October While the keiretsu still exist, they are not as centralized or integrated as they were before the s. Inflation CPI. October 5, More Indicators.

Country statistical profile. Projected growth rate: 1. Household debt:

Developer Docs Features. Gift certificates for prestigious department stores are frequently given as formal presents in Japan. Southern Barbarians therefore found the opportunity to act as intermediaries in Asian trade. GDP per Capita in Japan is expected to reach The kimono store changed to a department store in This article needs to be updated. Unsourced material may be challenged and removed. Retrieved 21 November Retrieved 25 November Toyo Keizai. Retrieved 18 March To promote industrialization , the government decided that, while it should help private business to allocate resources and to plan, the private sector was best equipped to stimulate economic growth. The major keiretsu were each centered on one bank, which lent money to the keiretsu 's member companies and held equity positions in the companies.