Japan
Description of Japan
Japan, an island nation in East Asia known for its rich cultural heritage, technological advancements, and strong economy, stands as a unique and influential player on the global stage. With a history marked by resilience, innovation, and adaptation, Japan has consistently demonstrated its ability to navigate complex geopolitical challenges and economic shifts. As a cornerstone of stability in the Asia-Pacific region, Japan's strategic policies, trade relationships, and cultural exports have far-reaching impacts that extend beyond its borders. This website delves into the intricate tapestry of Japan's macroeconomic landscape, offering insightful analysis and perspectives on how key statistics and developments shape the nation's trajectory in the ever-evolving global arena.
Population And Age Structure
Population, total: Japan's population of 126,261,000 is significantly above the average population of 40,097,746. Japan ranks 10th out of 194 countries in this attribute.
Population ages 0-14 (% of total population): Japan's percentage of population ages 0-14 at 11.92% is below the average of 27.34%. Japan ranks 194th out of 194 countries in this attribute.
Population ages 0-14, total: With a total population of 15,044,891 in the age group 0-14, Japan surpasses the average of 10,327,380. Japan ranks 26th out of 194 countries.
Population ages 15-64 (% of total population): Japan's percentage of population ages 15-64 stands at 58.50%, below the average of 63.44%. Japan ranks 149th out of 194 countries in this attribute.
Population ages 15-64, total: Japan's total population aged 15-64 is 73,864,092, significantly higher than the average of 26,003,407. Japan ranks 11th out of 194 countries.
Population ages 65 and above (% of total population): Japan's percentage of population ages 65 and above is 29.58%, much higher than the average of 9.22%. Japan ranks 2nd out of 194 countries in this attribute.
Population ages 65 and above, total: Japan's total population aged 65 and above is 37,352,017, significantly above the average of 3,766,959. Japan ranks 4th out of 194 countries.
Summary
Japan stands out in terms of its population distribution with a significantly higher percentage of elderly population (29.58%) compared to the global average (9.22%). This has important implications for Japan's healthcare system, pension obligations, and overall economic productivity, as a larger elderly population may strain resources and impact workforce dynamics in the country.
Population Miscellaneous
Japan's rural population stands at 10,376,129, which is below the average of 18,044,041. Japan ranks 55th out of 190 countries in this category.
The percentage of rural population in Japan is 8.218%, significantly below the average of 41.158%. Japan ranks 181st out of 190 countries based on this metric.
With an urban population of 115,884,871, Japan far exceeds the average of 22,425,747. Japan is ranked 6th out of 194 countries in terms of urban population.
Japan's urban population as a percentage of the total population is 91.782%, notably higher than the average of 59.691%. Japan ranks 14th out of 194 countries regarding this statistic.
The age dependency ratio in Japan is 70.94%, above the average of 59.22%. Japan holds the 46th rank out of 194 countries in this aspect.
Japan's crude birth rate is 6.8 per 1,000 people, significantly lower than the average of 19.38. Japan ranks 190th out of 192 countries in terms of birth rate.
The crude death rate in Japan is 11.1 per 1,000 people, above the average of 8.21. Japan holds the 29th rank out of 192 countries with available data.
Japan's total fertility rate is 1.33 births per woman, notably below the average of 2.60. Japan ranks 179th out of 190 countries regarding fertility rate.
Summary
Japan has a significantly low rural population and a high urban population compared to global averages, ranking 55th and 6th respectively. The country also has a high age dependency ratio, low birth rate, and fertility rate, indicating an aging population with implications for future workforce and economic growth.
Military
Japan's military expenditure is $51,396,536,058.53, which is significantly above the average of $12,904,993,617.17, ranking 9th out of 149 countries in the dataset.
Japan's military expenditure as a percentage of GDP is 1.02%, below the average of 1.90%. This places Japan at a rank of 110 out of 148 countries.
Japan's arms imports amount to $923,000,000, much higher than the average of $205,522,123.89, ranking 6th out of 113 countries.
Japan has a total of 261,000 armed forces personnel, higher than the average of 165,908.54 personnel. This ranks Japan 27th out of 164 countries.
Japan's armed forces personnel as a percentage of the total labor force is 0.38%, below the average of 1.28%. Japan holds a rank of 132 out of 164 countries.
Summary
Japan's military expenditure, although significantly above the average, reflects a lower percentage of its GDP compared to the global average. Despite ranking high in arms imports and total armed forces personnel, Japan's armed forces personnel as a percentage of the total labor force is relatively low. These statistics are important as they illustrate Japan's strategic focus on military strength and defense capabilities while also highlighting potential challenges in mobilizing manpower for defense purposes.
Natural Resources
Japan has a forest area of 249,350 sq. km, which is above the average of 211,606. Japan ranks 23 out of 191 countries in this attribute.
With a land area of 364,500 sq. km, Japan is below the average of 665,166. Japan's rank in land area is 61 out of 194 countries.
Japan's surface area is 377,974 sq. km, below the average of 689,779. Japan ranks 62 out of 194 countries in surface area.
The arable land in Japan is 4,104,000 hectares, well below the average of 7,329,543. Japan's rank in arable land is 52 out of 190 countries.
Japan has 1,805,313 hectares of land under cereal production, also below the average of 4,206,012. The country ranks 57 out of 174 countries in this attribute.
Japan experiences an average precipitation depth of 1,668 mm per year, higher than the average of 1,157 mm. Japan ranks 46 out of 178 countries in this aspect.
Japan has a renewable internal freshwater resource of 430 billion cubic meters, above the average of 240. Japan ranks 19 out of 178 countries in this category.
Summary
Japan has sizable forest area, arable land, and renewable freshwater resources, ranking relatively well globally in these aspects. However, its overall land area and surface area are below average. Despite facing challenges in land availability, Japan's abundant precipitation depth and internal freshwater resources provide a buffer for sustaining agricultural activities and meeting water needs for its population. These macroeconomic indicators are crucial as they highlight Japan's environmental assets and constraints, influencing its agricultural productivity, water security, and overall land resource management strategies.
Resource Rents
Total natural resources rents (% of GDP): Japan's value is 0.097, which is significantly below the average of 4.63. This places Japan at rank 147 out of 175 countries in the dataset.
Coal rents (% of GDP): Japan's value is 0.0002, much lower than the average of 0.396. Japan ranks 62 out of 65 countries for this attribute.
Forest rents (% of GDP): Japan's value is 0.0236, below the average of 1.53. With this, Japan ranks 137 out of 174 countries.
Oil rents (% of GDP): Japan's value is 0.0007, significantly below the average of 2.51. Japan is placed at rank 109 out of 117 countries.
Natural gas rents (% of GDP): Japan's value is 0.0048, lower than the average of 1.25. In this attribute, Japan ranks 77 out of 96 countries.
Mineral rents (% of GDP): Japan's value is 0.0677, lower than the average of 1.23. Japan ranks 59 out of 86 countries for mineral rents.
Summary
Japan's macroeconomic indicators show that the country has relatively low natural resources rents across various categories compared to global averages. This indicates a limited reliance on natural resource extraction as a source of GDP. While this may suggest a more diversified economy and reduced exposure to commodity price fluctuations, it also highlights the need for Japan to secure resources through trade and strategic partnerships to support its industrial and energy sectors.
Commodities
Japan's cereal production stands at 11,685,523.57 metric tons, below the attribute average of 17,249,945.93 metric tons. Japan ranks 35th out of 174 countries in cereal production data.
Japan's aquaculture production is 998,938.83 metric tons, higher than the attribute average of 679,642.92 metric tons. Japan is ranked 13th out of 180 countries in aquaculture production.
For capture fisheries production, Japan's value is 3,242,236.64 metric tons, significantly exceeding the attribute average of 467,453.06 metric tons. Japan is ranked 8th out of 190 countries in capture fisheries production.
Japan's total fisheries production is 4,241,175.47 metric tons, well above the attribute average of 1,153,914.85 metric tons. Japan holds the 9th rank out of 182 countries in total fisheries production.
Regarding fertilizer consumption, Japan's value of 216.008 kg per hectare of arable land is higher than the attribute average of 159.044 kg per hectare. Japan ranks 37th out of 187 countries in terms of fertilizer consumption.
Summary
Japan stands out as a significant player in global food production, ranking relatively high in cereal, aquaculture, capture fisheries, and total fisheries production compared to other countries. Moreover, its above-average fertilizer consumption per hectare of arable land indicates a strong commitment to agricultural productivity and sustainability. These indicators are important as they reflect Japan's capability to ensure food security, support economic growth through exports, and maintain a competitive edge in the global market.
Intellectual Property
1. Industrial design applications, nonresident, by count: Japan has a value of 9258, which is significantly above the average of 1415.83. Japan ranks 4th out of 112 countries in this attribute data.
2. Industrial design applications, resident, by count: Japan has a value of 22392, surpassing the average of 9799.58. Japan ranks 7th out of 113 countries in this attribute data.
3. Patent applications, nonresidents: Japan's value of 61124 is well above the average of 6538.40. Japan ranks 3rd out of 129 countries in this attribute data.
4. Patent applications, residents: Japan's value of 227348 exceeds the average of 19037.56. Japan ranks 3rd out of 117 countries in this attribute data.
5. Trademark applications, nonresident, by count: Japan's value of 78199 is significantly higher than the average of 15878.93. Japan ranks 5th out of 130 countries in this attribute data.
6. Trademark applications, resident, by count: Japan's value of 342958 is above the average of 111055.78. Japan ranks 5th out of 129 countries in this attribute data.
7. Scientific and technical journal articles: Japan's value of 101014.27 is notably above the average of 15103.76. Japan ranks 6th out of 192 countries in this attribute data.
8. Charges for the use of intellectual property, payments (BoP, current US$): Japan's value of 28550217207.29 is significantly higher than the average of 3218843494.39. Japan ranks 6th out of 143 countries in this attribute data.
9. Charges for the use of intellectual property, receipts (BoP, current US$): Japan's value of 43315520409.16 is above the average of 3191687117.58. Japan ranks 2nd out of 122 countries in this attribute data.
10. Researchers in R&D (per million people): Japan has a value of 5495.25, which is notably above the average of 2556.45. Japan ranks 9th out of 72 countries in this attribute data.
Summary
Japan stands out as a global leader in innovation and intellectual property, as evidenced by its high rankings in industrial design applications, patent applications, trademark applications, scientific and technical journal articles, and charges for the use of intellectual property. These indicators reflect Japan's strong emphasis on research and development, fostering a culture of innovation, and leveraging intellectual property for economic growth and competitiveness in the global market.
Broad Economy Attributes
Japan's GDP (current US$) is $5.06 trillion, ranking 3rd out of 189 countries with a significant difference from the average of $442.87 billion.
For GDP, PPP (current international $), Japan's value is $5.35 trillion, ranking 4th out of 181 countries, showcasing a substantial difference from the average of $734.14 billion.
Japan's GDP per capita (current US$) is $40,040.77, placing it in the 25th position out of 190 countries, well above the average of $15,462.11.
In terms of GDP per capita, PPP (current international $), Japan's value of $42,381.41 positions it at 32nd out of 181 countries, showing a significant difference from the average of $21,251.89.
Japan's GNI (current US$) stands at $5.24 trillion, ranking 3rd out of 185 countries, with a substantial difference from the average of $452.04 billion.
For GNI, PPP (current international $), Japan's value is $5.54 trillion, ranking 4th out of 181 countries, signifying a notable difference from the average of $730.70 billion.
Lastly, Japan's GNI per capita, PPP (current international $) is $43,920, placing it at the 29th position out of 181 countries, with a significant difference from the average of $20,615.75.
Summary
Japan showcases a strong economic performance across a range of key indicators, including GDP, GDP per capita, and GNI. Its GDP and GNI figures rank 3rd or 4th globally, with significant differences from the respective averages, reflecting Japan's economic prowess and stability. Japan's high GDP per capita and GNI per capita values, well above the global averages, indicate a relatively affluent population and high standard of living within the country.
These statistics are vital as they highlight Japan's position in the global economy, its ability to generate wealth, and the well-being of its citizens. They demonstrate Japan's economic competitiveness, resilience, and capacity to support a high quality of life for its populace, reinforcing its significance in the global economic landscape.
Broad Value Added
Japan's Gross value added at basic prices (GVA) is $5,035,432,484,095.48, ranking 2nd out of 176 countries. This is significantly higher than the attribute average of $360,070,943,595.12.
In terms of Agriculture, forestry, and fishing value added (% of GDP), Japan's value of 1.07% is notably below the average of 10.86%. Japan ranks 165th out of 182 countries in this aspect.
Japan's Agriculture, forestry, and fishing value added in current US dollars is $53,908,897,398.94, ranking 9th out of 182 countries. This value is higher than the attribute average by $33,984,164,570.87.
For Services value added (% of GDP), Japan's value of 69.46% exceeds the average of 56.72%. The country ranks 24th out of 183 countries in this metric.
Japan's Services value added in current US dollars is $3,511,692,502,607.05, ranking 3rd out of 183 countries. This value is significantly higher than the average by $3,215,854,791,476.36.
Lastly, Japan's Industry (including construction) value added is $1,469,831,084,089.49, ranking 3rd out of 183 countries. This is notably higher than the average by $1,351,409,988,675.99.
Summary
Japan demonstrates a strong economy with a high Gross Value Added at basic prices, particularly excelling in Services and Industry sectors on a global scale. However, its low contribution from Agriculture, forestry, and fishing indicates a more diversified economic structure. These indicators are crucial as they showcase Japan's competitive edge in services and industry, highlighting areas for potential growth and development in the agricultural sector to achieve a more balanced economic landscape.
Manufacturing Value Added
Japan's Manufacturing, value added is $1.01 trillion, ranking 3rd out of 173 countries. This is significantly above the attribute average of $76.21 billion.
Manufacturing, value added (% of GDP) in Japan is 20.05%, ranking 17th out of 173 countries. This value is higher than the attribute average of 11.90%.
Japan's Medium and high-tech manufacturing value added (% manufacturing value added) is at 56.06%, ranking 5th out of 149 countries, well above the average of 24.49%.
For Chemicals (% of value added in manufacturing), Japan stands at 11.49%, ranking 33rd out of 89 countries, slightly below the average of 11.56%.
Japan's Food, beverages and tobacco (% of value added in manufacturing) is 13.08%, placing it at 69th out of 92 countries, below the average of 24.51%.
With Machinery and transport equipment (% of value added in manufacturing) at 44.58%, Japan ranks 4th out of 93 countries, well above the average of 16.85%.
Textiles and clothing (% of value added in manufacturing) in Japan is 1.57%, ranking 75th out of 93 countries, significantly below the average of 6.33%.
Lastly, Japan's Other manufacturing (% of value added in manufacturing) is at 29.29%, placing it at 81st out of 94 countries, below the average of 42.13%.
Summary
Japan excels in manufacturing, with a high total manufacturing value added, a significant percentage of manufacturing value added in the GDP, and a strong presence in the medium and high-tech manufacturing sector. However, it lags in certain subsectors like textiles and clothing, food, beverages, and tobacco, as well as other manufacturing. These statistics are crucial as they highlight Japan's strengths and weaknesses in the manufacturing sector, which plays a vital role in the country's economic growth and global competitiveness.
Money
Japan's consumer price inflation rate is -0.025%, ranking 136 out of 165 countries, significantly below the average of 8.259%. The country's GDP deflator inflation rate is 0.941%, placing Japan at 122 out of 188 countries, lower than the average of 6.898%.
Japan's broad money growth rate is 7.345%, below the average of 18.028%, ranking 110 out of 139 countries. The broad money as a percentage of GDP in Japan is 280.370%, ranking 1st out of 139 countries, well above the average of 71.747%.
Furthermore, Japan's broad money to total reserves ratio stands at 10.191, higher than the average of 5.167, placing Japan at the 9th position out of 126 countries.
Summary
Japan's key macroeconomic indicators, including consumer price inflation rate, GDP deflator inflation rate, broad money growth rate, broad money as a percentage of GDP, and broad money to total reserves ratio, paint a picture of mixed performance. While Japan has lower inflation rates compared to the global averages, its broad money as a percentage of GDP is significantly higher, indicating a high level of money supply relative to economic output. The country's strong position in broad money to total reserves ratio also highlights its robust financial stability.
These findings are important as they provide insights into Japan's economic stability, monetary policy effectiveness, and financial resilience. The lower inflation rates suggest potential challenges in boosting consumer demand and economic growth, while the high money supply relative to GDP could impact exchange rates and overall economic stability. The strong position in broad money to total reserves ratio indicates that Japan has ample reserves to cushion against external shocks and maintain financial stability in the long run.
Consumption Expenditure
Final consumption expenditure (current US$): Japan's final consumption expenditure is $3.79 trillion, which is significantly above the average of $381.63 billion, ranking 3rd out of 159 countries.
Final consumption expenditure (% of GDP): Japan's final consumption expenditure as a percentage of GDP is 75.02%, below the average of 82.37%, with a rank of 109 out of 159 countries.
General government final consumption expenditure (current US$): Japan's government final consumption expenditure is $1.06 trillion, well above the average of $93.68 billion, ranking 3rd out of 158 countries.
General government final consumption expenditure (% of GDP): Japan's government final consumption expenditure as a percentage of GDP is 20.97%, higher than the average of 18.71%, with a rank of 48 out of 158 countries.
Household and NPISHs Final consumption expenditure (current US$): Japan's household and NPISHs final consumption expenditure is $2.73 trillion, significantly above the average of $290.13 billion, ranking 3rd out of 158 countries.
Households and NPISHs final consumption expenditure (% of GDP): Japan's household and NPISHs final consumption expenditure as a percentage of GDP is 54.05%, below the average of 63.68%, with a rank of 112 out of 158 countries.
Summary
Japan exhibits high levels of final consumption expenditure, both in total and government-related, ranking 3rd in the world in these categories. However, as a percentage of GDP, Japan's final consumption expenditure is below average, indicating potential inefficiencies in resource allocation. These indicators are crucial as they reflect the country's economic activity, government spending, and household consumption patterns, influencing overall economic growth and development.
Equities
Japan's total listed domestic companies stand at 3754, a significant difference of 3117.375 above the average of 636.625, ranking 4th out of 72 countries. The total value of stocks traded in Japan is $6.34 trillion, ranking 3rd out of 71 countries and a substantial $4.96 trillion higher than the average. Additionally, Japan's stock value as a percentage of GDP is 125.35%, ranking 5th out of 71 countries, significantly higher than the average of 31.65%.
Japan's market capitalization of listed domestic companies amounts to $6.72 trillion, surpassing the average by $5.52 trillion and ranking 3rd out of 73 countries. The market capitalization as a percentage of Japan's GDP is 132.89%, higher than the average of 71.24% and ranks 9th out of 73 countries. Furthermore, S&P Global Equity Indices in Japan show an annual change of 16.01%, much higher than the average of 2.06%, placing Japan 16th out of 79 countries in this regard.
Summary
Japan stands out significantly in the global market with its high number of listed domestic companies, extensive stock value, and substantial market capitalization. It ranks among the top countries in terms of stock value as a percentage of GDP and S&P Global Equity Indices. These indicators reflect Japan's robust and dynamic economy, attracting investors and showcasing its strong presence in the global financial market.
Investment
Foreign direct investment, net (BoP, current US$): Japan's value of 87,533,471,953.28 is significantly above the average of -1,615,235,980.51. With a rank of 3 out of 169 countries, Japan is a major player in this aspect of the economy.
Foreign direct investment, net inflows (BoP, current US$): Japan's value of 62,584,719,398.09 is well above the average of 5,749,271,080.15. Ranking 8 out of 182 countries, Japan is an attractive destination for foreign investment.
Foreign direct investment, net inflows (% of GDP): Japan's value of 1.24% is below the average of 2.61%. Ranked 109 out of 178 countries, Japan has room to improve in attracting foreign investment relative to GDP.
Foreign direct investment, net outflows (BoP, current US$): Japan's outflow value of 150,118,191,351.37 is significantly higher than the average of 5,707,991,116.07. With a rank of 5 out of 156 countries, Japan is a key player in investing abroad.
Foreign direct investment, net outflows (% of GDP): Japan's outflow value of 2.97% is notably higher than the average of 1.00%. Ranked 13 out of 155 countries, Japan demonstrates a strong presence in outward investments relative to GDP.
Portfolio Investment, net (BoP, current US$): Japan's value of 35,926,915,439.34 is well above the average of 679,559,169.57. With a rank of 9 out of 159 countries, Japan has a significant stake in portfolio investments.
Portfolio equity, net inflows (BoP, current US$): Japan's value of -80,451,873,640.98 for portfolio equity is notably below the average of 9,197,145,994.70. Ranked 124 out of 125 countries, Japan indicates a substantial divestment in equities.
Summary
Japan stands out as a major player in foreign direct investment, with high inflows and outflows, indicating a strong presence both in attracting foreign investment and investing abroad. However, there is room for improvement in attracting foreign investment relative to GDP. Additionally, Japan's significant divestment in portfolio equity suggests a strategic shift in investment priorities.
These findings are important as they reflect Japan's position in the global economy, showcasing its attractiveness to foreign investors, its outbound investment strength, and its strategic decisions in portfolio equity. Understanding these trends can provide insights into Japan's economic relationships with other countries and its future growth potential.
Broad Trade Attributes
Japan's Trade (% of GDP) is 31.33%, which is below the attribute average of 82.34%. Japan is ranked 153 out of 163 countries in this data set.
For Merchandise trade (% of GDP), Japan's value is 25.25%, lower than the average of 60.01%. Japan ranks 171 out of 186 countries in this attribute.
Japan's Trade in services (% of GDP) stands at 7.16%, significantly lower than the average of 24.63%. Japan is ranked 142 out of 171 countries in this aspect.
Regarding External balance on goods and services (current US$), Japan has a deficit of -13,587,503,404.45, while the average is a surplus of $3,405,509,011.13. Japan is ranked 152 out of 163 countries in this indicator.
Japan's External balance on goods and services (% of GDP) is -0.27%, contrasting with the average of -5.97%. Japan ranks 66 out of 163 countries in this metric.
Summary
Japan exhibits a trade (% of GDP) below the global average, with rankings ranging from 142 to 171 out of various countries. Notably, Japan faces a deficit in its external balance on goods and services, contrary to the average surplus seen globally. These indicators are critical as they showcase Japan's trade performance relative to other nations and its position in the global economy.
Net Trade
Japan has a Current account balance (BoP, current US$) of 150028926280.73, which is significantly higher than the average of 1443864831.49. Japan ranks 3rd out of 170 countries in this attribute.
Japan's Current account balance (% of GDP) stands at 2.97, above the average of -2.36. Japan ranks 38th out of 170 countries in this aspect.
The Net trade in goods and services (BoP, current US$) for Japan is -7597675867.01, below the average of 2604730003.57. Japan ranks 151st out of 171 countries in this category.
With a Net primary income (BoP, current US$) of 181767393996.89, Japan surpasses the average of -903807529.74. Japan leads as the 1st out of 170 countries in this metric.
Japan's Net secondary income (BoP, current US$) is -24140791849.14, considerably lower than the average of -269227340.40. Japan ranks 165th out of 170 countries in this domain.
For Net trade in goods (BoP, current US$), Japan records 26646917877.99, surpassing the average of 1302831005.68. Japan holds the 19th rank out of 171 countries in this area.
Japan's Net capital account (BoP, current US$) is -1932522234.65, significantly below the average of 136543824.05. Japan ranks 155th out of 159 countries in this regard.
The Net financial account (BoP, current US$) for Japan is 132275363646.42, a substantial difference from the average of -469840994.63. Japan ranks 2nd out of 170 countries in this attribute.
Summary
Japan excels in its Current account balance (BoP) and Net primary income, ranking 3rd and 1st respectively out of a large number of countries. However, it lags behind in Net trade in goods and services, ranking 151st, and Net secondary income, ranking 165th. These indicators are crucial as they reflect Japan's position in international trade, its income from abroad, and its overall economic health in relation to other nations.
Broad Export Attributes
Japan's Exports of goods, services and primary income (BoP, current US$) amount to $1.08 trillion, ranking 4th out of 170 countries. The value is significantly higher than the average of $146.24 billion.
For Exports of goods and services (BoP, current US$), Japan's value of $794.29 billion ranks 5th out of 170 countries. Although below the average of $122.94 billion, Japan still performs well.
Japan's Exports of goods and services (current US$) stand at $785.06 billion, ranking 5th out of 163 countries. This value is again lower than the average of $129.60 billion.
With Exports of goods and services (% of GDP) at 15.53%, Japan ranks 136th out of 163 countries, below the average of 38.19%.
Japan's Goods exports (BoP, current US$) amount to $630.50 billion, ranking 4th out of 171 countries. This is notably above the average of $93.31 billion.
Regarding International tourism, receipts (% of total exports), Japan's value of 1.43% places it 100th out of 120 countries, below the average of 9.74%.
Japan excels in ICT goods exports (% of total goods exports) with a value of 8.89%, ranking 20th out of 142 countries. This is significantly higher than the average of 3.81%.
Summary
Japan's export performance is strong, ranking high in various categories such as total exports, goods exports, and ICT goods exports. However, the country lags behind in the percentage of exports relative to its GDP and in international tourism receipts. These indicators are crucial as they highlight Japan's dependency on exports for economic growth and the need to diversify its revenue sources to reduce vulnerability to external shocks.
Merchandise Exports
Japan's merchandise exports amount to $641.32 billion, ranking 5th out of 187 countries. This value exceeds the attribute average significantly by $551.78 billion.
Japan's agricultural raw materials exports account for 0.62% of its merchandise exports, ranking 104th out of 151 countries. This value is below the attribute average by 2.36%.
Food exports, constituting 1.20% of Japan's merchandise exports, rank 143rd out of 152 countries. This percentage falls significantly below the attribute average by 22.87%.
Japan's fuel exports make up 1.19% of its merchandise exports, positioning it at 102nd out of 147 countries. This figure is notably lower than the attribute average by 12.51%.
Ores and metals exports contribute 3.13% to Japan's merchandise exports, securing a rank of 79 out of 152 countries. This percentage is lower than the attribute average by 5.97%.
Merchandise exports by the reporting economy, residual at 0.02% in Japan, ranks 129th out of 166 countries, falling below the attribute average by 3.18%.
Summary
Japan's key macroeconomic indicators reveal a strong emphasis on ores and metals exports, constituting 3.13% of its merchandise exports. However, the country lags behind in food and fuel exports, highlighting potential areas for diversification and growth in its export portfolio. These statistics are crucial as they indicate the composition of Japan's export sector, pointing towards areas that may require policy interventions or strategic development to enhance competitiveness and sustainability in global trade.
Technology Exports
1. Manufactures exports (% of merchandise exports): Japan's value of 86.14% is significantly higher than the average of 42.62%. This places Japan at rank 12 out of 152 countries included in the data.
2. High-technology exports (current US$): Japan's export value of $102.75 billion is much higher than the average of $16.66 billion. Japan ranks 6 out of 151 countries for this attribute.
3. High-technology exports (% of manufactured exports): Japan's value of 18.60% surpasses the average of 10.15%. Japan holds the rank of 28 out of 150 countries included in the data.
4. Medium and high-tech exports (% manufactured exports): Japan's value of 81.53% is significantly above the average of 34.29%. Japan ranks 1 out of 149 countries for this attribute.
Summary
Japan stands out as a global leader in exporting manufactured goods and high-technology products, with values well above the average compared to other countries included in the data. Particularly noteworthy is Japan's dominance in medium and high-tech exports, where it ranks first out of 149 countries. These findings are crucial as they highlight Japan's strong economic position and advanced technological capabilities, indicating its competitiveness in the global market and its significant contribution to the high-tech sector's growth and development.
Service Exports
Service exports in Japan amount to $163,790,726,831.23, ranking 10th out of 171 countries. This value is significantly higher than the attribute average of $28,917,292,503.82.
ICT service exports in Japan total $10,210,427,797.23, ranking 17th out of 166 countries. This value is notably higher than the attribute average of $4,578,501,153.77.
ICT service exports contribute 6.23% to Japan's service exports, ranking 103rd out of 166 countries. This percentage is below the attribute average of 11.75%.
Communications, computer, etc. make up 69.86% of Japan's service exports, placing Japan 29th out of 169 countries. This percentage is higher than the attribute average of 45.85%.
Transport services constitute 12.75% of Japan's service exports, ranking 102nd out of 169 countries. This percentage is below the attribute average of 21.80%.
Travel services contribute 6.47% to Japan's service exports, ranking 134th out of 167 countries. This percentage is lower than the attribute average of 26.40%.
Insurance and financial services make up 10.92% of Japan's service exports, ranking 29th out of 161 countries. This percentage is above the attribute average of 6.46%.
Summary
Japan stands out in the global market for its robust service exports, with a total value of $163,790,726,831.23. Particularly impressive is its dominance in ICT service exports, where it ranks 17th with a value of $10,210,427,797.23. However, Japan's relatively lower contribution of ICT services to its total service exports and its underrepresentation in travel services indicate potential areas for diversification and growth to optimize its global economic competitiveness.
Commercial Service Exports
Commercial service exports in Japan amount to $159.79 billion, ranking 10th out of 171 countries. This value is significantly higher than the average of $28.51 billion.
Travel services contribute 6.63% to Japan's commercial service exports, ranking 136th out of 167 countries. This percentage is well below the average of 27.89%.
Japan's computer, communications, and other services make up 69.10% of its commercial service exports, putting it in 24th place out of 169 countries. This value is notably higher than the average of 42.44%.
Insurance and financial services account for 11.19% of Japan's commercial service exports, ranking 32nd out of 161 countries. This percentage exceeds the average of 6.97%.
Transport services represent 13.07% of Japan's commercial service exports, placing it at 107th out of 169 countries. This value is below the average of 23.37%.
Summary
Japan excels in exporting computer, communications, and other services, attributing to 69.10% of its commercial service exports, well above the global average of 42.44%. Conversely, travel services contribute a mere 6.63%, significantly lower than the average of 27.89%. These statistics are crucial as they indicate Japan's strength in technology-related services and the need for potential growth in the travel services sector to align with international norms.
Broad Import Attributes
1. Imports of goods and services (current US$): Japan's imports amount to $798.65 billion, significantly above the average of $126.19 billion. This places Japan at rank 4 out of 163 countries.
2. Imports of goods and services (% of GDP): Japan's imports account for 15.80% of its GDP, below the average of 44.15%. Japan is ranked 157 out of 163 countries in this aspect.
3. International tourism, expenditures (% of total imports): Japan spends 0.84% of its total imports on international tourism, lower than the average of 3.98%. Japan ranks 123 out of 131 countries in this category.
4. ICT goods imports (% total goods imports): Japan imports ICT goods constituting 14.12% of its total goods imports, higher than the average of 6.85%. This places Japan at rank 13 out of 143 countries.
5. Goods imports (BoP, current US$): Japan's goods imports amount to $603.85 billion, well above the average of $92.01 billion. Japan is ranked 4 out of 171 countries in this metric.
6. Imports of goods and services (BoP, current US$): Japan's total imports stand at $801.89 billion, significantly exceeding the average of $120.32 billion. Japan ranks 4 out of 170 countries in this category.
7. Imports of goods, services and primary income (BoP, current US$): Japan's imports of goods, services, and primary income amount to $901.24 billion, notably higher than the average of $144.51 billion. Japan is ranked 6 out of 170 countries in this domain.
Summary
Japan has a strong presence in global trade, as evidenced by its high imports of goods and services in both absolute terms and as a percentage of GDP. The country also prioritizes the import of ICT goods, reflecting its focus on technology and innovation. These indicators highlight Japan's role as a major player in the international market and its strategic investment in key economic sectors.
Merchandise Imports
Japan's merchandise imports amount to $635.46 billion, ranking 5th out of 190 countries. This value is significantly higher than the average of $89.39 billion.
Manufactures imports, accounting for 62.21% of Japan's total imports, are below the average of 66.76%. Japan ranks 110th out of 152 countries in this category.
Japan's imports of agricultural raw materials, at 1.51% of total imports, are slightly above the average of 1.27%. Japan holds the 44th rank out of 152 countries.
Food imports make up 10.58% of Japan's total imports, falling below the average of 15.89%. Japan ranks 115th out of 152 countries for this attribute.
Japan's fuel imports constitute 16.60% of total imports, surpassing the average of 11.38%. Japan ranks 27th out of 152 countries in this aspect.
Ores and metals imports, at 7.29% of total imports, are notably higher than the average of 2.57%. Japan ranks 8th out of 152 countries in this category.
For merchandise imports by the reporting economy, residual component accounts for 0.02% of Japan's total imports, well below the average of 2.51%. Japan ranks 147th out of 180 countries in this attribute.
Summary
Japan's import profile is characterized by a significant reliance on fuel, ores, and metals, exceeding global averages in these categories. Conversely, Japan imports fewer manufactures and food products compared to global averages. These trends are important as they indicate Japan's heavy dependence on fuel and industrial materials for its economy, while also suggesting a relatively lower diversity in its imports of manufactured goods and food products.
Service Imports
Japan's service imports amount to $198 billion, ranking 8th out of 171 countries. This is significantly higher than the average service imports of $27.6 billion. In terms of Communications, computer, etc. (% of service imports), Japan's value of 72.69% is above the average of 44.4%, ranking 9th out of 169 countries. However, in Transport services (% of service imports), Japan's value of 13.91% is below the average of 32.9%, ranking 159th out of 169 countries. Travel services (% of service imports) in Japan at 2.75% are also below the average of 14.1%, with a rank of 154 out of 169 countries. Finally, the Insurance and financial services (% of service imports) are slightly above average in Japan at 10.65%, compared to the average of 8.53%, ranking 45th out of 169 countries.
Summary
Japan stands out for its high value of service imports, especially in the Communications, computer, etc. category, where it ranks 9th globally. However, its lower than average values in Transport services and Travel services indicate areas of potential improvement for the country's service sector competitiveness. The slightly above average performance in Insurance and financial services highlights Japan's strength in this sector compared to other countries.
These findings are important as they provide insights into Japan's economic activities and global trade relations. Understanding the distribution of service imports across different categories can help policymakers and businesses identify areas for growth and focus on enhancing competitiveness in sectors where Japan lags behind the global average.
Commercial Service Imports
Japan's commercial service imports amount to $196.22 billion, ranking 8th out of 171 countries. This is significantly higher than the attribute average of $27.10 billion.
Computer, communications, and other services constitute 72.44% of Japan's commercial service imports, ranking 9th out of 169 countries. This percentage is much higher than the attribute average of 41.71%.
Insurance and financial services make up 10.75% of Japan's commercial service imports, placing Japan at the 47th rank out of 169 countries. This percentage is slightly above the attribute average of 8.85%.
Transport services represent 14.04% of Japan's commercial service imports, placing Japan at the 159th rank out of 169 countries. This percentage is significantly below the attribute average of 34.71%.
Travel services account for 2.78% of Japan's commercial service imports, ranking Japan at 155th out of 169 countries. This percentage is much lower than the attribute average of 14.73%.
Summary
Japan's commercial service imports are predominantly driven by computer, communications, and other services, accounting for 72.44% of the total imports. However, the country lags behind in transport services, representing only 14.04% of commercial service imports. This indicates Japan's strong reliance on high-tech and communication-related services for international trade, while highlighting a potential area for improvement in transportation services to enhance its overall trade competitiveness.
Infrastructure
1. Railways, passengers carried (million passenger-km): Japan carries 263,211 million passenger-km, ranking 3rd out of 64 countries. This value is significantly above the average of 32,281 million passenger-km.
2. Railways, goods transported (million ton-km): Japan transports 18,340 million ton-km, ranking 19th out of 62 countries. The value is notably below the average of 119,231 million ton-km.
3. Air transport, freight (million ton-km): Japan moves 7,841.508 million ton-km, ranking 7th out of 126 countries. This value is much higher than the average of 1,384.365 million ton-km.
4. Air transport, registered carrier departures worldwide: Japan has 659,764 departures, ranking 3rd out of 149 countries. This figure significantly exceeds the average of 134,365 departures.
5. Air transport, passengers carried: Japan carries 51,131,122 passengers, ranking 6th out of 149 countries. The value is well above the average of 11,848,243 passengers.
6. Container port traffic (TEU: 20 foot equivalent units): Japan handles 21,556,531 TEUs, ranking 6th out of 110 countries. This amount is substantially higher than the average of 6,907,110 TEUs.
Summary
Japan demonstrates significant strength in both rail and air transportation sectors, ranking high globally in passengers carried and freight transported. The country's efficient railway system and bustling air transport hubs showcase its advanced infrastructure and connectivity. These indicators are crucial as they highlight Japan's robust logistical network, which is vital for sustaining economic growth, facilitating trade, and supporting international competitiveness.
Information Technology Infrastructure
For Secure Internet servers, Japan has 2,884,902 servers which is significantly higher than the average of 458,294. Japan ranks 3rd out of 193 countries in this category.
When it comes to Secure Internet servers per 1 million people, Japan has 22,848.72 servers, above the average of 14,067.17. Japan ranks 33rd out of 193 countries in this aspect.
Regarding Individuals using the Internet (% of population), Japan stands at 90.22%, surpassing the average of 64.77%. Japan ranks 31st out of 180 countries in this metric.
Japan has 44,000,791 Fixed broadband subscriptions, notably higher than the average of 6,591,956. Japan ranks 3rd out of 185 countries in this category.
For Mobile cellular subscriptions, Japan has 195,054,893 subscriptions, well above the average of 42,526,463. Japan ranks 8th out of 193 countries in this domain.
Summary
Japan stands out in terms of its robust digital infrastructure as evidenced by its significantly higher number of secure internet servers, above-average secure internet servers per capita, high rate of individuals using the internet, and substantial fixed broadband and mobile cellular subscriptions. These indicators are crucial as they demonstrate Japan's advanced technological capabilities, widespread internet access among its population, and strong connectivity infrastructure, which are essential for driving innovation, economic growth, and competitiveness in the digital age.
Energy Consumption
Japan's renewable energy consumption stands at 8.45% of total final energy consumption, which is significantly below the average of 32.18%. The country ranks 150th out of 191 countries in this dataset.
On the other hand, Japan's CO2 emissions amount to 1,014,064.7 kt, well above the average of 171,895.94 kt. This places Japan at the 5th rank out of 188 countries included in the data.
Summary
Japan lags behind in renewable energy consumption compared to the global average, ranking quite low among the countries surveyed. Conversely, the country's high CO2 emissions place it near the top of the list globally. These indicators are crucial as they highlight Japan's environmental sustainability challenges and its significant contribution to global carbon emissions.
Government Balance Sheet
Japan's total central government debt as a percentage of GDP stands at 215.77%, ranking 2nd out of 61 countries, significantly higher than the average of 74.12%.
With reserves and related items totaling $8.6 billion, Japan ranks 14th out of 171 countries, well above the average of $1.92 billion.
Japan's total reserves minus gold amount to $1.34 trillion, ranking 2nd out of 161 countries, a substantial difference from the average of $74.22 billion.
Having total reserves (including gold) of $1.39 trillion, Japan ranks 2nd out of 161 countries, far exceeding the average of $85.71 billion.
Japan's total reserves in months of imports is 18.52, ranking 6th out of 151 countries, indicating a healthy buffer which is above the average of 7.10 months.
Summary
Japan has a significant central government debt burden compared to other countries, standing at 215.77% of GDP and ranking 2nd globally. However, the country's high reserves, totaling $8.6 billion, indicate a strong financial position, ranking 14th internationally. Japan's substantial total reserves, excluding gold, and its high reserves including gold, both ranking 2nd globally, signify a robust buffer against economic uncertainties, with reserves in months of imports at a healthy 18.52 months, ranking 6th worldwide.
These findings are crucial as they highlight Japan's complex economic landscape. Despite high debt levels, the country's substantial reserves reflect resilience and the ability to withstand financial shocks. The strong reserves position not only enhances investor confidence but also provides Japan with a cushion to navigate turbulent economic conditions, thereby contributing to overall stability and sustainability in the global economic arena.
Taxes
Japan has a Tariff rate, applied, weighted mean, all products of 2.22%, which is below the global average of 5.21%. This places Japan at rank 96 out of 153 countries in terms of tariff rates.
Summary
Japan maintains a relatively low weighted mean tariff rate of 2.22%, positioning it favorably compared to the global average of 5.21%. Despite this, Japan ranks 96th out of 153 countries in terms of tariff rates. These findings are crucial as they indicate Japan's commitment to open trade policies, potentially attracting foreign investments and fostering international trade partnerships.
Government Expenses
Expense (% of GDP): Japan's expense as a percentage of GDP is 23.59%, which is below the average of 31.69%. Japan ranks 85th out of 123 countries in this attribute.
Compensation of employees (% of expense): Japan's compensation of employees as a percentage of expense is 4.45%, well below the average of 24.70%. Japan ranks 123rd out of 123 countries in this attribute.
Goods and services expense (% of expense): Japan's goods and services expense as a percentage of total expense is 4.86%, significantly lower than the average of 14.77%. Japan ranks 113th out of 122 countries in this attribute.
Interest payments (% of expense): Japan's interest payments as a percentage of expense is 5.93%, slightly below the average of 6.85%. Japan ranks 54th out of 121 countries in this attribute.
Other expense (% of expense): Japan's other expenses as a percentage of total expense is 16.77%, substantially higher than the average of 8.29%. Japan ranks 15th out of 120 countries in this attribute.
Subsidies and other transfers (% of expense): Japan's subsidies and other transfers as a percentage of expense is 67.99%, way above the average of 43.29%. Japan ranks 17th out of 121 countries in this attribute.
Summary
Japan's macroeconomic indicators paint a picture of unique fiscal management. With expense as a percentage of GDP below the average, Japan prioritizes economic stability. However, its low compensation of employees and high subsidies and transfers signify potential challenges in achieving sustainable economic growth and equitable distribution of resources.
These indicators are crucial as they reveal Japan's priorities in budget allocation and highlight areas of concern such as low employee compensations and high reliance on subsidies. Understanding these statistics can aid policymakers, investors, and analysts in assessing the country's economic performance and making informed decisions regarding investments and policy recommendations.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Population, total | 10/194 |
| Population ages 15-64, total | 11/194 |
| Population ages 65 and above (% of total population) | 2/194 |
| Population ages 65 and above, total | 4/194 |
| Urban population | 6/194 |
| Urban population (% of total population) | 14/194 |
| Military expenditure (current USD) | 9/149 |
| Arms imports (SIPRI trend indicator values) | 6/113 |
| Aquaculture production (metric tons) | 13/180 |
| Capture fisheries production (metric tons) | 8/190 |
| Total fisheries production (metric tons) | 9/182 |
| Industrial design applications, nonresident, by count | 4/112 |
| Industrial design applications, resident, by count | 7/113 |
| Patent applications, nonresidents | 3/129 |
| Patent applications, residents | 3/117 |
| Trademark applications, nonresident, by count | 5/130 |
| Trademark applications, resident, by count | 5/129 |
| Scientific and technical journal articles | 6/192 |
| Charges for the use of intellectual property, payments (BoP, current US$) | 6/143 |
| Charges for the use of intellectual property, receipts (BoP, current US$) | 2/122 |
| GDP (current US$) | 3/189 |
| GDP, PPP (current international $) | 4/181 |
| GNI (current US$) | 3/185 |
| GNI, PPP (current international $) | 4/181 |
| Gross value added at basic prices (GVA) (current US$) | 2/176 |
| Agriculture, forestry, and fishing, value added (current US$) | 9/182 |
| Services, value added (current US$) | 3/183 |
| Industry (including construction), value added (current US$) | 3/183 |
| Manufacturing, value added (current US$) | 3/173 |
| Manufacturing, value added (% of GDP) | 17/173 |
| Medium and high-tech manufacturing value added (% manufacturing value added) | 5/149 |
| Machinery and transport equipment (% of value added in manufacturing) | 4/93 |
| Broad money (% of GDP) | 1/139 |
| Broad money to total reserves ratio | 9/126 |
| Final consumption expenditure (current US$) | 3/159 |
| General government final consumption expenditure (current US$) | 3/158 |
| Household and NPISHs Final consumption expenditure (current US$) | 3/158 |
| Listed domestic companies, total | 4/72 |
| Stocks traded, total value (current US$) | 3/71 |
| Stocks traded, total value (% of GDP) | 5/71 |
| Market capitalization of listed domestic companies (current US$) | 3/73 |
| Foreign direct investment, net (BoP, current US$) | 3/169 |
| Foreign direct investment, net inflows (BoP, current US$) | 8/182 |
| Foreign direct investment, net outflows (BoP, current US$) | 5/156 |
| Foreign direct investment, net outflows (% of GDP) | 13/155 |
| Portfolio Investment, net (BoP, current US$) | 9/159 |
| Current account balance (BoP, current US$) | 3/170 |
| Net primary income (BoP, current US$) | 1/170 |
| Net financial account (BoP, current US$) | 2/170 |
| Exports of goods, services and primary income (BoP, current US$) | 4/170 |
| Exports of goods and services (BoP, current US$) | 5/170 |
| Exports of goods and services (current US$) | 5/163 |
| Goods exports (BoP, current US$) | 4/171 |
| Merchandise exports (current US$) | 5/187 |
| Manufactures exports (% of merchandise exports) | 12/152 |
| High-technology exports (current US$) | 6/151 |
| Medium and high-tech exports (% manufactured exports) | 1/149 |
| Service exports (BoP, current US$) | 10/171 |
| Commercial service exports (current US$) | 10/171 |
| Imports of goods and services (current US$) | 4/163 |
| ICT goods imports (% total goods imports) | 13/143 |
| Goods imports (BoP, current US$) | 4/171 |
| Imports of goods and services (BoP, current US$) | 4/170 |
| Imports of goods, services and primary income (BoP, current US$) | 6/170 |
| Merchandise imports (current US$) | 5/190 |
| Ores and metals imports (% of merchandise imports) | 8/152 |
| Service imports (BoP, current US$) | 8/171 |
| Communications, computer, etc. (% of service imports, BoP) | 9/169 |
| Commercial service imports (current US$) | 8/171 |
| Computer, communications and other services (% of commercial service imports) | 9/169 |
| Railways, passengers carried (million passenger-km) | 3/64 |
| Air transport, freight (million ton-km) | 7/126 |
| Air transport, registered carrier departures worldwide | 3/149 |
| Air transport, passengers carried | 6/149 |
| Container port traffic (TEU: 20 foot equivalent units) | 6/110 |
| Secure Internet servers | 3/193 |
| Fixed broadband subscriptions | 3/185 |
| Mobile cellular subscriptions | 8/193 |
| CO2 emissions (kt) | 5/188 |
| Central government debt, total (% of GDP) | 2/61 |
| Reserves and related items (BoP, current US$) | 14/171 |
| Total reserves minus gold (current US$) | 2/161 |
| Total reserves (includes gold, current US$) | 2/161 |
| Total reserves in months of imports | 6/151 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Population ages 0-14 (% of total population) | 194/194 |
| Rural population (% of total population) | 181/190 |
| Birth rate, crude (per 1,000 people) | 190/192 |
| Fertility rate, total (births per woman) | 179/190 |
| Coal rents (% of GDP) | 62/65 |
| Oil rents (% of GDP) | 109/117 |
| Agriculture, forestry, and fishing, value added (% of GDP) | 165/182 |
| Portfolio equity, net inflows (BoP, current US$) | 124/125 |
| Trade (% of GDP) | 153/163 |
| Merchandise trade (% of GDP) | 171/186 |
| External balance on goods and services (current US$) | 152/163 |
| Net secondary income (BoP, current US$) | 165/170 |
| Net capital account (BoP, current US$) | 155/159 |
| Food exports (% of merchandise exports) | 143/152 |
| Imports of goods and services (% of GDP) | 157/163 |
| International tourism, expenditures (% of total imports) | 123/131 |
| Transport services (% of service imports, BoP) | 159/169 |
| Travel services (% of service imports, BoP) | 154/169 |
| Transport services (% of commercial service imports) | 159/169 |
| Travel services (% of commercial service imports) | 155/169 |
| Compensation of employees (% of expense) | 123/123 |
| Goods and services expense (% of expense) | 113/122 |