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The economy of Japan is a highly developed mixed economy, often referred to as an East Asian model. [23] It is the fourth-largest economy in the world by nominal GDP behind the United States, China, and Germany, and the fifth-largest by purchasing power parity (PPP), below India and Russia but ahead of Germany. [24]
The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person recalculated according to the changing number of the population of the country.
This is a sorted list of Asian countries according to their rank, with their factual and estimated gross domestic product data by the International Monetary Fund. [1] The top 3 largest economies in Asia are China, Japan and India.
Japan revises economic growth in 1Q downward, as latest data show sluggish demand and rising prices. ELAINE KURTENBACH. July 1, 2024 at 2:32 AM.
GDP (PPP) means gross domestic product based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
List of countries in Asia-Pacific by GDP (nominal), International Monetary Fund (Estimates for October 2023). [1] Rank Country ... 17,700,899 2 Japan: 4,230,862 3
The annual real GDP per capita growth in % according to the World Bank is shown for last available year: [1] Country GDP per capita ... Japan: 2.4: 2023