Japan Economy and Trade
World's 4th-largest economy · 2025 real growth +1.2%
Japan is a large, services-led economy with modest real growth, low unemployment and exceptionally high public debt. This profile leads with a scan-friendly dashboard, while the definitions, source years and explanatory context remain available in the detailed sections below.
Japan at a Glance
Output trend
Economic structure, Government debt and Merchandise trade
Three visual summaries designed to be scanned together before the deeper explanation.
Economic structure
World Bank sector shares can include statistical discrepancies, so displayed components may not sum exactly to 100%.
Government debt
General government gross debt. Kept separate from narrower bonds-only measures.
Interactive trade
What Japan's economic profile is telling you
Japan remains one of the world's largest economies, but the dollar value of its output can move noticeably with the yen. That is why nominal GDP in current US dollars and real GDP growth are both shown: they answer different questions.
Real GDP growth returned to positive territory in 2025 after a small contraction in 2024. At the same time, services account for just over seven-tenths of value added, while agriculture is about 1% of GDP.
Why nominal and real GDP can tell different stories
Nominal GDP measured in US dollars reflects domestic output, prices and exchange-rate movements. Real GDP growth is designed to track inflation-adjusted changes in production instead.
Why the debt number needs a definition
The 236.7% figure shown here is general government gross debt as a share of GDP. Narrower measures, including bonds-only figures, are not directly interchangeable with it.
Detailed Economic Data
The visual profile above is backed by the same values in structured HTML so the page remains useful for accessibility, search and verification.
| Indicator | Japan | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$, market prices | $4.19T | Calendar 2024 | Actual |
| GDPcurrent US$, market prices | $4.44T | Calendar 2025 | Actual |
| GDP per capitacurrent US$ | $35,951 | Calendar 2025 | Actual |
| Real GDP growthconstant prices, annual % | +1.2% | Calendar 2025 | Actual |
| InflationCPI, annual % | 3.2% | Calendar 2025 | Actual |
| Unemploymentmodeled ILO estimate | 2.5% | Calendar 2025 | Actual |
| GDP, PPPcurrent international $ | $6.71T | Calendar 2024 | Actual |
| Government debtgeneral government gross, % of GDP | 236.7% | 2024 | Actual |
| Services value added% of GDP | 71.4% | 2024 | Actual |
| Industry value addedincluding construction, % of GDP | 26.8% | 2024 | Actual |
| Agriculture value addedforestry and fishing included, % of GDP | 1.0% | 2024 | Actual |
Frequently Asked Questions
What is Japan's GDP?
Japan's nominal GDP was about $4.44 trillion in 2025 in current US dollars. The 2024 value was about $4.19 trillion.
Is Japan's economy growing?
Yes. World Bank annual data show real GDP growth of about 1.2% in 2025 after a small contraction in 2024.
What is Japan's inflation rate?
Consumer price inflation was 3.2% in 2025 on the World Bank annual CPI measure.
Why does the page show two trade views?
One measure covers goods and services on a national-accounts basis. The other covers merchandise only. They answer different questions and are kept separate.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
Backbone source for GDP, GDP per capita, real growth, inflation, unemployment, PPP GDP, sector shares and national-accounts goods-and-services trade.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment · Services value added · Industry value added · Agriculture value added
Source for merchandise exports, imports and top export destinations.
Official data: WTO country profile
General government gross debt, with the page preserving the IMF reference year and estimate or forecast status.
Official data: IMF Japan 2025 Article IV