* 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)

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