Japan Economy

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Located in Eastern Asia on the Pacific Ocean, the country of Japan has the third largest nominal GDP in the world($5.869 trillion). With 71.6% of its GDP made up of the service industry, Japan remains one of the world's leading exporters in motor vehicles, electronic equipment, and machine tools. The industrial focus of the economy makes Japan heavily reliant on imported raw materials and fuels. While Japan possesses one of the world's largest economies, the country's annualized GDP growth rate has slowed over recent decades, from a high of 10% per year in the 1960's to just 1.7% in the 1990's.

Major Japan Indicators

Period Value % Chg Prev
Consumer Prices (View all 1)
Japan Consumer Price Index (NSA) Aug 2020 102.00 0.10%
Japan Inflation Rate Aug 2020 0.20% -33.33%
Economic Activity Indexes (View all 1)
Japan Business Conditions Composite Coincident Index Jul 2020 76.20 2.42%
Japan Business Conditions Composite Leading Index Jul 2020 86.90 3.70%
Japan Business Conditions Leading Diffusion Index Jul 2020 88.90 388.5%
Employment (View all 2)
Japan Unemployment Rate Jul 2020 2.90% 3.57%
Energy (View all 1)
Japan Gas Rig Count Aug 2020 1.00 0.00%
Government Assets and Liabilities (View all 1)
Japan General Government Gross Debt Outlook (NSA) 2024 237.6% of GDP -0.04%
House Prices (View all 1)
Japan House Price Index Q1 2020 89.96 0.02%
Production & Business Activity (View all 1)
Japan Machinery Order Backlog Jul 2020 27.60T JPY -0.22%
Japan Machinery Orders for Electronic Computers (NSA) Jul 2020 402.02B JPY -28.34%
Japan Machinery Orders Received Jul 2020 1.831T JPY 7.00%
Japan Machinery Orders Received from the Private Sector Excluding Volatile Orders Jul 2020 751.29B JPY 6.32%
Sentiment Surveys (View all 1)
Japan Tankan Business Conditions for Large Enterprises in Manufacturing Q2 2020 -34.00
View and sort all 2033 Japan Indicators



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