Macroeconomics of Japan

Macroeconomic Indicators

100

What is Japan's worldwide ranking in terms of GDP?

4th

200

Is Japan's Real GDP Growth Rate up or down in 2024 so far compared to 2023?

Down. It is 0.9% in 2024, up from 1.9% in 2023.

300

Is the unemployment rate up or down in Japan within the last 4 years?

It has been steadily decreasing

400

How has Japan's population changed over the years within the 15-64 and 65+ age groups?

Ages 15-64 have been decreasing

Ages 65+ have been increasing

500

Japan hit a high in inflation in 2023, how many years has it been since inflation rose this high?

41 Years

Policy and HDI

100

How is Japan classified as a developing or developed region?

Developed

200

What aggressive monetary policy did Japan use?

Quantitative Easing

300

What is Japan's global HDI rank?

24

400

What is the average life expectancy in Japan?

85 Years

500

What is the current percentage share of female seats in parliament in Japan?

15.4%

Government Budget

100

What is the largest expenditure for the Japanese Government?

Social Security (33.6%)

200

Has government spending in Japan decreased or increased over the last four years?

Decreased, with an increase in 2024

300

What is the Budget Status of Japan?

Deficit Budget

400

What did the Japanese Government do to increase government expenditures?

Issued more bonds

500

What was the total fiscal budget in Japan for 2024 (in ¥)?

¥112.1 trillion