Japan’s per-capita GDP falls to 20th in OECD

The Cabinet Office building in Chiyoda Ward, Tokyo
10:25 JST, December 26, 2022
TOKYO (Jiji Press) — Japan placed 20th in terms of per-capita gross domestic product among the member countries of the Organization for Economic Cooperation and Development, the Cabinet Office has said.
Japan fell from the previous year’s 19th position, overtaken by France.
Japan’s per-capita nominal GDP inched down 0.5% from the previous year to $39,803.
Although it grew in yen terms, the dollar-converted figure was down due to the Japanese currency’s depreciation.
The country’s overall nominal GDP came to $5 trillion, remaining the third highest after the United States and China.
"Business" POPULAR ARTICLE
-
Vegetable Prices Continue Surging in Japan
-
Japan’s Trade with Russia Continues to Decline Amid Sanctions; U.S.-produced LNG Expected to Reduce Reliance
-
Tokyo Core Consumer Prices Up 2.2% in Feb.
-
Japanese Banks Raising Savings Account Interest Rates; Financial Institutions Seek New Ways to Lure Clients
-
High Costs a Headwind for Offshore Wind Projects; Construction Hampered by Expense of Imported Parts
JN ACCESS RANKING