[ Nominal GDP in billions of USD ]
Year -
$4,027.60 billions
Japan GDP expanded from 1960 to 2024, increasing from $47.42 billion to $4,027.60 billion.The compound annual growth rate (CAGR) averaged 7.19% over the period. The economy recorded its peak level in 2012 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 35.79%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 4,027.60 Billions | $ 6,451.58 Int Billions |
| Growth (YoY) | -4.405% | 2.272% |
| Net Change vs Previous Year | $ -185.57 Billion | $ 143.34 Int Billion |
| % of World GDP | 3.63% | 3.23% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 47.42 | - | - | - | - | - |
| 1961 | 57.27 | 9.85 | 20.767 % | - | - | - |
| 1962 | 64.99 | 7.72 | 13.483 % | - | - | - |
| 1963 | 74.38 | 9.39 | 14.451 % | - | - | - |
| 1964 | 87.49 | 13.11 | 17.628 % | - | - | - |
| 1965 | 97.34 | 9.85 | 11.256 % | - | - | - |
| 1966 | 113.05 | 15.71 | 16.138 % | - | - | - |
| 1967 | 132.48 | 19.43 | 17.187 % | - | - | - |
| 1968 | 156.9 | 24.42 | 18.435 % | - | - | - |
| 1969 | 184.3 | 27.4 | 17.464 % | - | - | - |
| 1970 | 217.22 | 32.92 | 17.865 % | - | - | - |
| 1971 | 245.36 | 28.14 | 12.955 % | - | - | - |
| 1972 | 324.93 | 79.57 | 32.429 % | - | - | - |
| 1973 | 441.46 | 116.53 | 35.862 % | - | - | - |
| 1974 | 490.04 | 48.58 | 11.003 % | - | - | - |
| 1975 | 532.86 | 42.83 | 8.739 % | - | - | - |
| 1976 | 598.88 | 66.02 | 12.39 % | - | - | - |
| 1977 | 737.07 | 138.19 | 23.074 % | - | - | - |
| 1978 | 1035.61 | 298.54 | 40.504 % | - | - | - |
| 1979 | 1077.91 | 42.3 | 4.084 % | - | - | - |
| 1980 | 1129.38 | 51.47 | 4.775 % | - | - | - |
| 1981 | 1245.22 | 115.84 | 10.257 % | - | - | - |
| 1982 | 1158.73 | -86.49 | -6.946 % | - | - | - |
| 1983 | 1270.86 | 112.13 | 9.677 % | - | - | - |
| 1984 | 1345.82 | 74.96 | 5.899 % | - | - | - |
| 1985 | 1427.02 | 81.2 | 6.033 % | - | - | - |
| 1986 | 2120.08 | 693.06 | 48.567 % | - | - | - |
| 1987 | 2580.75 | 460.66 | 21.729 % | - | - | - |
| 1988 | 3125.72 | 544.98 | 21.117 % | - | - | - |
| 1989 | 3109.46 | -16.27 | -0.52 % | - | - | - |
| 1990 | 3185.9 | 76.45 | 2.459 % | 2458.67 | - | - |
| 1991 | 3648.07 | 462.16 | 14.506 % | 2631.38 | 172.7 | 7.024 % |
| 1992 | 3980.7 | 332.64 | 9.118 % | 2715.58 | 84.2 | 3.2 % |
| 1993 | 4536.94 | 556.24 | 13.973 % | 2767.18 | 51.6 | 1.9 % |
| 1994 | 4998.8 | 461.86 | 10.18 % | 2856.89 | 89.7 | 3.242 % |
| 1995 | 5545.56 | 546.77 | 10.938 % | 2993.53 | 136.64 | 4.783 % |
| 1996 | 4923.39 | -622.17 | -11.219 % | 3143.86 | 150.34 | 5.022 % |
| 1997 | 4492.45 | -430.94 | -8.753 % | 3229.46 | 85.59 | 2.723 % |
| 1998 | 4098.36 | -394.09 | -8.772 % | 3224.26 | -5.19 | -0.161 % |
| 1999 | 4635.98 | 537.62 | 13.118 % | 3258.97 | 34.71 | 1.076 % |
| 2000 | 4968.36 | 332.38 | 7.17 % | 3461.29 | 202.32 | 6.208 % |
| 2001 | 4374.71 | -593.65 | -11.949 % | 3552.89 | 91.6 | 2.646 % |
| 2002 | 4182.85 | -191.87 | -4.386 % | 3647.93 | 95.04 | 2.675 % |
| 2003 | 4519.56 | 336.72 | 8.05 % | 3753.85 | 105.92 | 2.903 % |
| 2004 | 4893.12 | 373.55 | 8.265 % | 3939.06 | 185.21 | 4.934 % |
| 2005 | 4831.47 | -61.65 | -1.26 % | 4110.44 | 171.38 | 4.351 % |
| 2006 | 4601.66 | -229.8 | -4.756 % | 4299.96 | 189.52 | 4.611 % |
| 2007 | 4579.75 | -21.91 | -0.476 % | 4482 | 182.04 | 4.233 % |
| 2008 | 5106.68 | 526.93 | 11.506 % | 4517.27 | 35.27 | 0.787 % |
| 2009 | 5289.49 | 182.81 | 3.58 % | 4295.13 | -222.13 | -4.917 % |
| 2010 | 5759.07 | 469.58 | 8.878 % | 4525.48 | 230.35 | 5.363 % |
| 2011 | 6233.15 | 474.08 | 8.232 % | 4629.4 | 103.92 | 2.296 % |
| 2012 | 6272.36 | 39.22 | 0.629 % | 4799.61 | 170.21 | 3.677 % |
| 2013 | 5212.33 | -1060.03 | -16.9 % | 5021.59 | 221.98 | 4.625 % |
| 2014 | 4896.99 | -315.33 | -6.05 % | 5034.45 | 12.86 | 0.256 % |
| 2015 | 4444.93 | -452.06 | -9.231 % | 5199.92 | 165.46 | 3.287 % |
| 2016 | 5003.68 | 558.75 | 12.57 % | 5158.9 | -41.01 | -0.789 % |
| 2017 | 4930.84 | -72.84 | -1.456 % | 5262.25 | 103.35 | 2.003 % |
| 2018 | 5040.88 | 110.04 | 2.232 % | 5344.06 | 81.81 | 1.555 % |
| 2019 | 5117.99 | 77.11 | 1.53 % | 5404.46 | 60.4 | 1.13 % |
| 2020 | 5054.07 | -63.93 | -1.249 % | 5356.71 | -47.75 | -0.884 % |
| 2021 | 5039.15 | -14.92 | -0.295 % | 5574.65 | 217.94 | 4.069 % |
| 2022 | 4262.46 | -776.68 | -15.413 % | 5904.9 | 330.25 | 5.924 % |
| 2023 | 4213.17 | -49.3 | -1.157 % | 6308.23 | 403.33 | 6.83 % |
| 2024 | 4027.6 | -185.57 | -4.405 % | 6451.58 | 143.34 | 2.272 % |
Between 1960 to 2024, Japan experienced the following economic phases:
The most remarkable growth occurred in 1986 with an increase of 48.567%, while the largest decline was in 2013 at -16.9%.