Japan gdp per capita

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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".

Japan gdp per capita

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, For further information, see Japan's GDP. Despite maintaining a surprisingly low unemployment rate , demand within the country remains inadequate, primarily because Japanese residents spend a rather small fraction of the money they earned from the workplace. Lower demand often has a direct effect on production, with companies seeing not enough profits to continue production at such a high rate. Based on the consumer confidence index , Japanese households found that their quality of life, income growth, employment and propensity to durable goods was below satisfactory standards, perhaps due to these households still experiencing the effects of the s bubble crash. Loading statistic Show source.

Retrieved 23 December Retrieved 5 November Constant USD.

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Japan gdp per capita

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

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The construction trades flourished, along with banking facilities and merchant associations. Retrieved 5 March The Economist. Retrieved 21 November Asia and Pacific Department. International Association for Management of Technology. Category Asia portal. Profit from additional features with an Employee Account. Credit Writedowns. Please help update this article to reflect recent events or newly available information. Retrieved 23 January Wikimedia Commons has media related to Economy of Japan. Retrieved 19 June

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Archived from the original on 4 March Retrieved 23 January Multinational Enterprises Testing of Chemicals. Archived from the original on 23 April Retrieved 19 June Archived from the original on 6 February Retrieved 26 September The Portuguese who were called Nanban , lit. The main areas that were studied included geography, medicine, natural sciences, astronomy, art, languages, physical sciences such as the study of electrical phenomena, and mechanical sciences as exemplified by the development of Japanese clockwatches, or wadokei , inspired from Western techniques. The kimono store changed to a department store in Japan is the world's second-largest automobile manufacturing country.