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East Asia & Pacific · High income

Japan: the economy in numbers

Per person: $35,951, or $55,422 at purchasing power parity. Population: 123 million (2025).

$4.44T+1.2%real GDP growth, 2025

GDP in 2025, current US dollars: #4 of 204 economies. IMF forecast for 2026: +0.7%.

GDP per capita
$35,951
2025 · #46 of 204
GDP per capita, PPP
$55,422
2025 · #45 of 197
Inflation
3.2%
2025 · IMF forecast 2026: 2.0%
Government debt
213.6%
2024 · % of GDP, general government
Population
123M
2025 · #12 of 217
Unemployment
2.5%
2025 · ILO estimate
Stock market capitalization
171.6%
2025 · % of GDP · $7.61T
Life expectancy
84.0 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $528 billion in 1960, $4.44 trillion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $5,659 per person in 1960, $35,951 in 2025.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: 0.5% a year. Years of falling GDP since 1961: 10 of 65.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose by 15.0% from 2000 to 2025. Highest annual inflation: 23.2% in 1974.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 1980: 228.8% of GDP in 2020. IMF forecast for 2031: 188.9%.

Shaded: IMF estimates from 2025, forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)

Stock market capitalization, % of GDP

In 2025 listed domestic companies were worth $7.61 trillion, or 171.6% of GDP.

Listed domestic companies, end of year (the “Buffett indicator”)Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 93.2 million · 2025: 123 million.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 2.1% · 2025: 2.5%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 67.7 years · 2024: 84.0 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

1970: 9.9% · 2024: 22.0%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationUnemploymentStock market, % GDPLife expectancyExports, % GDP
20310.6%f2.0%f188.9%f
20300.6%f2.0%f190.1%f
20290.6%f2.0%f191.5%f
20280.6%f2.0%f193.8%f
20270.7%f2.6%f196.4%f
20260.7%f2.0%f199.4%f
2025$4.44T$35,951$55,4221.2%3.2%204.8%e123M2.5%171.6%
2024$4.19T$33,797$54,156−0.2%2.7%213.6%124M2.5%150.6%84.022.0%
2023$4.38T$35,215$52,7260.7%3.3%220.1%125M2.6%140.2%84.021.1%
2022$4.45T$35,548$49,2461.3%2.5%228.0%125M2.6%121.0%84.020.6%
2021$5.23T$41,581$45,9993.6%−0.2%222.6%126M2.8%125.2%84.417.5%
2020$5.19T$41,099$43,560−4.3%−0.0%228.8%126M2.8%129.5%84.615.1%
2019$5.25T$41,425$43,744−0.3%0.5%206.3%127M2.4%118.0%84.417.0%
2018$5.15T$40,645$43,0900.8%1.0%203.7%127M2.5%102.8%84.217.9%
2017$5.04T$39,680$42,3471.6%0.5%203.1%127M2.8%123.5%84.117.2%
2016$5.11T$40,215$41,4630.7%−0.1%202.1%127M3.1%97.0%84.015.7%
2015$4.53T$35,665$41,7221.8%0.8%200.1%127M3.4%107.9%83.817.1%
2014$4.99T$39,173$40,2720.9%2.8%203.6%127M3.6%87.8%83.617.1%
2013$5.27T$41,369$39,8552.0%0.3%201.2%127M4.0%86.2%83.315.6%
2012$6.33T$49,627$37,9741.6%−0.0%197.1%128M4.4%54.9%83.114.3%
2011$6.28T$49,122$36,483−0.2%−0.3%190.6%128M4.5%53.0%82.614.7%
2010$5.81T$45,378$35,6584.1%−0.7%178.6%128M5.1%65.9%82.814.8%
2009$5.34T$41,678$33,843−5.9%−1.4%172.9%128M5.1%61.9%82.912.3%
2008$5.16T$40,294$35,643−1.2%1.4%153.6%128M4.0%60.4%82.617.1%
2007$4.62T$36,130$35,3591.7%0.1%150.4%128M3.9%93.6%82.517.1%
2006$4.65T$36,354$33,9711.5%0.2%152.1%128M4.2%99.3%82.315.5%
2005$4.88T$38,159$32,4641.8%−0.3%153.4%128M4.4%93.8%82.013.7%
2004$4.94T$38,678$31,1362.1%−0.0%148.8%128M4.7%72.0%82.012.7%
2003$4.57T$35,809$29,7421.4%−0.3%140.2%128M5.3%64.6%81.811.3%
2002$4.25T$33,316$29,0550.1%−0.9%134.6%127M5.4%48.7%81.710.7%
2001$4.44T$34,910$28,3520.3%−0.7%126.8%127M5.0%51.0%81.49.9%
2000$5.04T$39,753$27,6953.0%−0.7%118.5%127M4.7%62.6%81.110.3%
1999$4.69T$37,029$26,030−0.3%−0.3%113.5%127M4.7%95.0%80.59.7%
1998$4.15T$32,835$25,832−1.8%0.7%101.6%126M4.1%58.8%80.510.2%
1997$4.58T$36,331$26,1171.4%1.7%91.3%126M3.4%45.5%80.410.2%
1996$5.02T$39,930$25,4973.1%0.1%85.3%126M3.4%60.1%80.29.1%
1995$5.64T$44,947$24,2632.3%−0.1%80.7%125M3.1%62.9%79.58.7%
1994$5.1T$40,774$23,3031.0%0.7%73.3%125M2.9%70.4%79.78.7%
1993$4.63T$37,111$22,635−0.5%1.2%63.2%125M2.5%62.7%79.38.7%
1992$4.06T$32,667$22,2850.8%1.8%57.9%124M2.2%55.5%79.19.3%
1991$3.72T$30,048$21,6743.4%3.3%54.1%124M2.1%80.7%79.09.4%
1990$3.25T$26,345$20,3314.9%3.1%54.8%123M90.0%78.89.8%
1989$3.17T$25,7984.9%2.3%56.9%123M134.2%78.89.7%
1988$3.19T$26,0376.8%0.7%62.4%123M118.7%78.39.2%
1987$2.64T$21,5874.7%0.1%65.7%122M103.5%78.49.6%
1986$2.16T$17,8193.3%0.6%64.2%121M82.4%78.010.5%
1985$1.46T$12,0585.2%2.0%59.2%121M65.1%77.613.3%
1984$1.37T$11,4434.5%2.3%56.9%120M46.9%77.313.8%
1983$1.3T$10,8763.5%1.9%55.1%119M42.1%76.912.7%
1982$1.18T$9,9863.3%2.7%50.1%118M35.3%76.913.3%
1981$1.27T$10,8064.2%4.9%45.8%118M32.9%76.413.5%
1980$1.15T$9,8722.8%7.8%41.4%117M32.9%76.012.6%
1979$1.1T$9,4975.5%3.7%116M26.3%76.110.6%
1978$1.06T$9,2025.3%4.2%115M3.2%75.610.2%
1977$753B$6,6094.4%8.2%114M2.9%75.312.0%
1976$611B$5,4224.0%9.4%113M29.6%74.712.5%
1975$544B$4,8763.1%11.7%112M26.1%74.211.8%
1974$500B$4,542−1.2%23.2%110M73.712.5%
1973$451B$4,1478.0%11.6%109M73.39.2%
1972$332B$3,0958.4%4.8%107M73.29.7%
1971$251B$2,3704.7%6.4%106M72.810.8%
1970$222B$2,1450.4%6.9%103M71.99.9%
1969$188B$1,84112.5%5.2%102M71.9
1968$160B$1,58612.9%5.3%101M71.6
1967$135B$1,35411.1%4.0%99.9M71.5
1966$115B$1,16810.6%5.0%98.9M70.9
1965$99.4B$1,0155.8%6.7%98M70.3
1964$89.3B$92211.7%3.8%96.9M70.2
1963$75.9B$7928.5%6.7%95.9M69.7
1962$66.4B$6998.9%6.8%94.9M68.6
1961$58.5B$62212.0%5.4%94.1M68.4
1960$48.4B$5193.6%93.2M67.7

e: IMF estimate; f: IMF forecast.

Nearby economies in East Asia & Pacific

Nearest by distance between capitals, with GDP per capita.

American Samoa · Australia · Brunei · Cambodia · China · Fiji · French Polynesia · Guam · Hong Kong · Indonesia · Japan · Kiribati · Laos · Macao · Malaysia · Marshall Islands · Micronesia · Mongolia · Myanmar · Nauru · New Caledonia · New Zealand · North Korea · Northern Mariana Islands · Palau · Papua New Guinea · Philippines · Samoa · Singapore · Solomon Islands · South Korea · Thailand · Timor-Leste · Tonga · Tuvalu · Vanuatu · Vietnam

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)