Field info displayed for all countries in alpha order.
In the years following World War II, government-industry cooperation, a strong work ethic, mastery of high technology, and a comparatively small defense allocation (1% of GDP) helped Japan develop a technologically advanced economy. Two notable characteristics of the post-war economy were the close interlocking structures of manufacturers, suppliers, and distributors, known as keiretsu, and the guarantee of lifetime employment for a substantial portion of the urban labor force. Both features are now eroding under the dual pressures of global competition and domestic demographic change. Japan’s industrial sector is heavily dependent on imported raw materials and fuels. A tiny agricultural sector is highly subsidized and protected, with crop yields among the highest in the world. Usually self-sufficient in rice, Japan imports about 60% of its food on a caloric basis. Japan maintains one of the world’s largest fishing fleets and accounts for nearly 15% of the global catch. For three decades, overall real economic growth had been spectacular – a 10% average in the 1960s, a 5% average in the 1970s, and a 4% average in the 1980s. Growth slowed markedly in the 1990s, averaging just 1.7%, largely because of the after effects of inefficient investment and an asset price bubble in the late 1980s that required a protracted period of time for firms to reduce excess debt, capital, and labor. Measured on a purchasing power parity (PPP) basis that adjusts for price differences, Japan in 2011 stood as the third-largest economy in the world after China, which surpassed Japan in 2001. A sharp downturn in business investment and global demand for Japan’s exports in late 2008 pushed Japan further into recession. Government stimulus spending helped the economy recover in late 2009 and 2010, but the economy contracted again in 2011 as the massive 9.0 magnitude earthquake in March disrupted manufacturing. Electricity supplies remain tight because Japan has temporarily shut down almost all of its nuclear power plants after the Fukushima Daiichi nuclear reactors were crippled by the earthquake and resulting tsunami. Estimates of the direct costs of the damage – rebuilding homes, factories, and infrastructure – range from $235 billion to $310 billion, and GDP declined almost 0.5% in 2011. Prime Minister Yoshihiko NODA has proposed opening the agricultural and services sectors to greater foreign competition and boosting exports through membership in the US-led Trans-Pacific Partnership trade talks and by pursuing free-trade agreements with the EU and others, but debate continues on restructuring the economy and reining in Japan’s huge government debt, which exceeds 200% of GDP. Persistent deflation, reliance on exports to drive growth, and an aging and shrinking population are other major long-term challenges for the economy.
Field info displayed for all countries in alpha order.
$4.389 trillion (2011 est.)

country comparison to the world: 5

$4.41 trillion (2010 est.)
$4.242 trillion (2009 est.)
note: data are in 2011 US dollars
Field info displayed for all countries in alpha order.
$5.855 trillion (2011 est.)
Field info displayed for all countries in alpha order.
-0.5% (2011 est.)

country comparison to the world: 203

4% (2010 est.)
-6.3% (2009 est.)
Field info displayed for all countries in alpha order.
$34,300 (2011 est.)

country comparison to the world: 37

$34,600 (2010 est.)
$33,300 (2009 est.)
note: data are in 2011 US dollars
Field info displayed for all countries in alpha order.
agriculture: 1.4%
industry: 24%
services: 74.6% (2011 est.)
Field info displayed for all countries in alpha order.
64.97 million (June 2006 est.)

country comparison to the world: 9

Field info displayed for all countries in alpha order.
agriculture: 3.9%
industry: 26.2%
services: 69.8% (2010 est.)
Field info displayed for all countries in alpha order.
4.8% (2011 est.)

country comparison to the world: 46

5% (2010 est.)
Field info displayed for all countries in alpha order.
16% (2007)
note: Ministry of Health, Labor and Welfare (MHLW) press release, 20 October 2009
Field info displayed for all countries in alpha order.
lowest 10%: 1.9%
highest 10%: 27.5% (2008)
Field info displayed for all countries in alpha order.
37.6 (2008)

country comparison to the world: 78

24.9 (1993)
Field info displayed for all countries in alpha order.
20.9% of GDP (2011 est.)

country comparison to the world: 108

Field info displayed for all countries in alpha order.
revenues: $1.984 trillion
expenditures: $2.483 trillion (2011 est.)
Field info displayed for all countries in alpha order.
33.9% of GDP (2011 est.)

country comparison to the world: 71

Field info displayed for all countries in alpha order.
-8.5% of GDP (2011 est.)

country comparison to the world: 188

Field info displayed for all countries in alpha order.
208.2% of GDP (2011 est.)

country comparison to the world: 2

199.7% of GDP (2010 est.)
Field info displayed for all countries in alpha order.
0.4% (2011 est.)

country comparison to the world: 5

-0.7% (2010 est.)
Field info displayed for all countries in alpha order.
0.3% (31 December 2009)

country comparison to the world: 142

0.3% (31 December 2008)
Field info displayed for all countries in alpha order.
1.4% (31 December 2011 est.)

country comparison to the world: 188

1.475% (31 December 2010 est.)
Field info displayed for all countries in alpha order.
$6.696 trillion (31 December 2011 est.)

country comparison to the world: 1

$6.047 trillion (31 December 2010 est.)
Field info displayed for all countries in alpha order.
$16.46 trillion (31 December 2010)

country comparison to the world: 1

$15.43 trillion (31 December 2009)
Field info displayed for all countries in alpha order.
$16.39 trillion (31 December 2008 est.)

country comparison to the world: 3

$13.32 trillion (31 December 2007 est.)
Field info displayed for all countries in alpha order.
$4.1 trillion (31 December 2010)

country comparison to the world: 4

$3.378 trillion (31 December 2009)
$3.22 trillion (31 December 2008)
Field info displayed for all countries in alpha order.
rice, sugar beets, vegetables, fruit; pork, poultry, dairy products, eggs; fish
Field info displayed for all countries in alpha order.
among world’s largest and technologically advanced producers of motor vehicles, electronic equipment, machine tools, steel and nonferrous metals, ships, chemicals, textiles, processed foods
Field info displayed for all countries in alpha order.
-1.5% (2011 est.)

country comparison to the world: 157

Field info displayed for all countries in alpha order.
937.6 billion kWh (2011 est.)

country comparison to the world: 4

Field info displayed for all countries in alpha order.
859.7 billion kWh (2011 est.)

country comparison to the world: 4

Field info displayed for all countries in alpha order.
0 kWh (2011 est.)
Field info displayed for all countries in alpha order.
0 kWh (2011 est.)
Field info displayed for all countries in alpha order.
131,800 bbl/day (2010 est.)

country comparison to the world: 48

Field info displayed for all countries in alpha order.
4.452 million bbl/day (2010 est.)

country comparison to the world: 4

Field info displayed for all countries in alpha order.
366,800 bbl/day (2009 est.)

country comparison to the world: 37

Field info displayed for all countries in alpha order.
4.394 million bbl/day (2009 est.)

country comparison to the world: 4

Field info displayed for all countries in alpha order.
44.12 million bbl (1 January 2011 est.)

country comparison to the world: 80

Field info displayed for all countries in alpha order.
3.397 billion cu m (2010 est.)

country comparison to the world: 53

Field info displayed for all countries in alpha order.
100.3 billion cu m (2010 est.)

country comparison to the world: 6

Field info displayed for all countries in alpha order.
0 cu m (2010 est.)

country comparison to the world: 120

Field info displayed for all countries in alpha order.
98.01 billion cu m (2010 est.)

country comparison to the world: 4

Field info displayed for all countries in alpha order.
20.9 billion cu m (1 January 2011 est.)

country comparison to the world: 76

Field info displayed for all countries in alpha order.
$122.8 billion (2011 est.)

country comparison to the world: 4

$195.8 billion (2010 est.)
Field info displayed for all countries in alpha order.
$800.8 billion (2011 est.)

country comparison to the world: 5

$730.1 billion (2010 est.)
Field info displayed for all countries in alpha order.
motor vehicles 13.6%; semiconductors 6.2%; iron and steel products 5.5%; auto parts 4.6%; plastic materials 3.5%; power generating machinery 3.5% (2010 est.)
Field info displayed for all countries in alpha order.
China 19.4%, US 15.7%, South Korea 8.1%, Hong Kong 5.5%, Thailand 4.4% (2010)
Field info displayed for all countries in alpha order.
$794.7 billion (2011 est.)

country comparison to the world: 5

$639.1 billion (2010 est.)
Field info displayed for all countries in alpha order.
petroleum 15.5%; liquid natural gas 5.7%; clothing 3.9%; semiconductors 3.5%; coal 3.5%; audio and visual apparatus 2.7% (2010 est.)
Field info displayed for all countries in alpha order.
China 22.1%, US 9.9%, Australia 6.5%, Saudi Arabia 5.2%, UAE 4.2%, South Korea 4.1%, Indonesia 4.1% (2010)
Field info displayed for all countries in alpha order.
$1.063 trillion (31 December 2010 est.)

country comparison to the world: 2

$1.024 trillion (31 December 2009 est.)
Field info displayed for all countries in alpha order.
$2.719 trillion (30 June 2011)

country comparison to the world: 6

$2.441 trillion (30 September 2010)
Field info displayed for all countries in alpha order.
$146.7 billion (31 December 2011 est.)

country comparison to the world: 26

$199.4 billion (31 December 2010 est.)
Field info displayed for all countries in alpha order.
$880 billion (31 December 2011 est.)

country comparison to the world: 8

$795.7 billion (31 December 2010 est.)
Field info displayed for all countries in alpha order.
yen (JPY) per US dollar –
79.67 (2011 est.)
87.78 (2010 est.)
93.57 (2009)
103.58 (2008)
117.99 (2007)
Field info displayed for all countries in alpha order.
1 April – 31 March
Source: CIA World Factbook 2012
Advertisements

About The Aseanists Time

The Aseanists Time is daily online newspaper and magazine covering on regional politic, economic, and social issues; science and technology, regional leaders, politic and economic in each ASEAN Member States along with ASEAN 6 (United States, Australia, Japan, South Korea, China, and India), regional natural disaster and climate change, regional business, finance and economic statistic and figure. Furthermore, We also cover on top 10 economic countries. Finally, we report ASEAN, EU and UN as well.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s