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GDP (Local Currency) in Japan

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

GDP in local currency terms reached 553,760 JPY bil in 2019 in Japan, according to the National Statistical Office. This is 1.26 % more than in the previous year.

Historically, GDP in local currency terms in Japan reached an all time high of 553,760 JPY bil in 2019 and an all time low of 6,217 JPY bil in 1952. When compared to Japan's main peers, GDP in local currency terms in China amounted to 99,493 CNY bil, 110,046 RUB bil in Russia, 1,919,040 KRW bil in South Korea and 21,433 USD bil in USA in 2019.

Japan has been ranked 6th within the group of 174 countries we follow in terms of GDP in local currency terms.

GDP at purchaser's prices is the sum of the gross value added to the economy by all resident producers, plus any product taxes and minus any subsidies not included in the value of the products.

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