Japan: industrialization index 1874-1975
The late 1800s saw Japan emerge one the global stage as a formidable industrial power. In the century between 1874 and 1975, its industrial output was more comparable with European powers or the United States than any of its Asian neighbors.
During the interwar period (1918-1939), Japan's industry grew rapidly - this was even in spite of international crises, such as the Great Depression or U.S. trade tariffs in the 1930s, as Japan's industrial output still doubled between 1932 and 1939. Output continued to grow during the Second World War, but following the Empire of Japan's defeat in 1945, the most significant downturn in this period occurred, as production in 1946 was less than a quarter of what it had been two years previously. Yet, the postwar period would see Japan become the fastest-growing major economy in the world, with industrial output doubling roughly every five years in the 1950s and 1960s.
During the interwar period (1918-1939), Japan's industry grew rapidly - this was even in spite of international crises, such as the Great Depression or U.S. trade tariffs in the 1930s, as Japan's industrial output still doubled between 1932 and 1939. Output continued to grow during the Second World War, but following the Empire of Japan's defeat in 1945, the most significant downturn in this period occurred, as production in 1946 was less than a quarter of what it had been two years previously. Yet, the postwar period would see Japan become the fastest-growing major economy in the world, with industrial output doubling roughly every five years in the 1950s and 1960s.
