*Latest update: Japan’s economy shrank 3.8 per cent in the first three months of this year. It is the country’s sharpest contraction since the second world war. A shrinking economy is defined as a fall in gross domestic product.
GDP (purchasing power parity): $4.348 trillion (2008 estimate)
country comparison to the world: 4
$4.365 trillion (2007)
$4.263 trillion (2006)
*data are in 2008 US dollars
GDP (official exchange rate): $4.844 trillion (2008 estimate)
GDP - real growth rate: -0.4% (2008 estimate)
country comparison to the world: 205
2.4% (2007 estimate)
2% (2006 estimate)
GDP - per capita (PPP): $34,200 (2008 estimate)
country comparison to the world: 36
$34,300 (2007 estimate)
$33,400 (2006 estimate)
* data are in 2008 US dollars
GDP - composition by sector:
agriculture: 1.4%
industry: 26.4%
services: 72.1% (2008 estimate)
- Some in U.S. Don't Want Japan in their Free Trade Club - Salon
Other sectors of the Japanese economy, the automotive industry in particular, claim that their market is "fully open" to imported vehicles, but that low consumer demand for imports has kept those levels low. Japan's political leadership faces a ...
- The Japanese eco watchers survey - International Business Times
The Japanese economy released the data for the current eco watchers survey, where it retreated to 44.1 compared with the prior reading of 47.0. Yet, the outlook for the eco watchers survey advanced to 47.1, compared with the prior reading of 44.4.
- Justin Kripps rocking a new bobsled - Calgary Herald
Justin Kripps' World Cup debut as a bobsled driver didn't go quite the way he was hoping. But in car terms, it was like moving up from a Japanese economy model to an Italian supercar. Summerland's Kripps, in his second year as a pilot after serving as a ...
- Japan Must Be Invoking Greek Deities - Wall Street Journal
With data next week expected to show that the Japanese economy didn’t expand at all in GDP terms last year, and with net exports still declining in line with the slowdown in the global economy, the last thing Japan is going to need is an even ...
- The Japanese coincident and leading indices - International Business Times
The Japanese economy released the preliminary reading for the coincident index in December, where it rose to 93.2% compared with the prior reading of 90.3%, yet it exceeded analysts' forecasts of 93.1%. Also, the preliminary reading for the ...
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