In 2023, the gross domestic product of Japan was estimated to be around 4.22 trillion U.S. dollars. This makes Japan third in the world GDP ranking. However, Japan's GDP is much closer to those countries below it in this ranking, as the two largest economies in the world, the U.S. and China, are both several times larger than that of Japan. After decades of rapid growth in the post-WWII era, Japan's economic growth has stagnated in recent decades, with figures fluctuating between four and 6.3 trillion U.S. dollars since the 1990s.
Japan: Gross domestic product (GDP) in current prices from 1980 to 2023, with projections until 2029
(in billion U.S. dollars)
Characteristic
GDP in billion U.S. dollars
2029*
5,075.03
2028*
4,949.61
2027*
4,742.53
2026*
4,584.64
2025*
4,389.33
2024*
4,070.09
2023
4,219.83
2022
4,271.93
2021
5,039.9
2020
5,054.09
2019
5,118
2018
5,040.88
2017
4,930.84
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1,0002,0003,0004,0005,0006,0007,000
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IMF. (October 22, 2024). Japan: Gross domestic product (GDP) in current prices from 1980 to 2023, with projections until 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 01, 2025, from https://www.statista.com/statistics/263578/gross-domestic-product-gdp-of-japan/
IMF. "Japan: Gross domestic product (GDP) in current prices from 1980 to 2023, with projections until 2029 (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed April 01, 2025. https://www.statista.com/statistics/263578/gross-domestic-product-gdp-of-japan/
IMF. (2024). Japan: Gross domestic product (GDP) in current prices from 1980 to 2023, with projections until 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 01, 2025. https://www.statista.com/statistics/263578/gross-domestic-product-gdp-of-japan/
IMF. "Japan: Gross Domestic Product (Gdp) in Current Prices from 1980 to 2023, with Projections until 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/263578/gross-domestic-product-gdp-of-japan/
IMF, Japan: Gross domestic product (GDP) in current prices from 1980 to 2023, with projections until 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/263578/gross-domestic-product-gdp-of-japan/ (last visited April 01, 2025)
Japan: Gross domestic product (GDP) in current prices from 1980 to 2023, with projections until 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/263578/gross-domestic-product-gdp-of-japan/
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