Japan Economy — GDP, Growth & Key Data

IMF World Economic Outlook and World Bank readings. Each figure below retains its own reference year, source and unit.

Nominal GDP
$4.38T
Reference year 2026
current US dollars
International Monetary Fund (World Economic Outlook)
Series and history →
Unrounded value

4379252999999.9995 current US dollars

Real GDP growth
0.7%
Reference year 2026
annual percent change in real GDP
International Monetary Fund (World Economic Outlook)
Series and history →
Unrounded value

0.7 annual percent change in real GDP

Inflation (annual-average CPI)
2.2%
Reference year 2026
annual percent change in average consumer prices
International Monetary Fund (World Economic Outlook)
Series and history →
Unrounded value

2.2 annual percent change in average consumer prices

Unemployment
2.5%
Reference year 2026
percent of labor force
International Monetary Fund (World Economic Outlook)
Series and history →
Unrounded value

2.5 percent of labor force

GDP per person
$35,703
Reference year 2026
current US dollars per person
International Monetary Fund (World Economic Outlook)
Series and history →
Unrounded value

35703.432 current US dollars per person

Population
123.4M
Reference year 2025
people
World Bank (World Development Indicators)
Series and history →
Unrounded value

123366734 people

General government gross debt
204.4%
Reference year 2026
percent of GDP
International Monetary Fund (World Economic Outlook)
Series and history →
Unrounded value

204.4 percent of GDP

Life expectancy at birth
84.0 years
Reference year 2024
years
World Bank (World Development Indicators)
Series and history →
Unrounded value

84.0363414634146 years

Nominal GDP: Rank 4 among 188 covered IMF economies for reference year 2026. This is a ranking of covered positive readings with the same reference-year label.

Each figure retains its own reference year, unit and source. Missing values are not zero. IMF readings can include estimates or projections; their stored release vintage, observation status and country-specific fiscal-year mapping are unavailable. A shared year label does not establish identical calendar periods.

Population follows the World Bank’s midyear-estimate definition. Nominal GDP is converted from stored billions of US dollars to US dollars. GDP per person is output per person, not a typical income; general-government gross debt is broader than central-government debt.

Japan: economic context and source notes

The stored nominal GDP reading is $4.38T (reference year 2026) and real GDP growth is 0.7% (reference year 2026). The cards retain each measure’s own period and source. Dated releases below provide additional context; their forecasts, estimates and plans remain distinct from observed outcomes.

Why another birth count can differ

provisional statistic

MHLW’s flash bulletin for December 2025, released February 26, 2026, reports 705,809 birth reports in its annual tally. Flash coverage includes non-Japanese people in Japan, Japanese people abroad and reports of earlier-year events. Its administrative tally is not interchangeable with the narrower event-based birth series below.

Births and fertility: keep the population scope

provisional statistic

MHLW’s provisional annual statistics for 2025 report 671,236 births and a total fertility rate of 1.14 children per woman. This publication covers events concerning Japanese nationals occurring in Japan. The fertility measure is a period rate, not observed completed family size. MHLW warns that the rate may change when recalculated with the 2025 census population. Broader preliminary registration counts use a different scope.

Monetary policy: a dated guideline

policy guideline

On July 31, 2026, the Bank of Japan set its guideline for the uncollateralized overnight call rate at around 1.0% for the intermeeting period. This is the policy guideline in that dated decision, not a measurement of every overnight transaction or a government-bond yield.

External assets: a dated stock measure

statistical release

Japan’s Ministry of Finance reports a net international investment position of ¥561,750 billion at the end of 2025, equivalent to ¥561.750 trillion. This is external financial assets minus liabilities at a point in time. It is distinct from annual GDP and government debt; an international creditor ranking requires comparable country coverage, valuation dates and currencies.

Source review: September 13, 2026 (UTC). These notes cite specific releases and definitions; they are not a live policy feed.

Questions about Japan’s figures

What nominal gdp does SOTW report for Japan in reference year 2026?

Japan: nominal gdp is $4.38T (current US dollars; reference year 2026). Source: International Monetary Fund (World Economic Outlook). Rank 4 among 188 covered IMF economies for reference year 2026.

What real gdp growth does SOTW report for Japan in reference year 2026?

Japan: real gdp growth is 0.7% (annual percent change in real GDP; reference year 2026). Source: International Monetary Fund (World Economic Outlook).

What population does SOTW report for Japan in reference year 2025?

Japan: population is 123.4M (people; reference year 2025). Source: World Bank (World Development Indicators). The World Bank definition describes midyear population estimates.

What life expectancy at birth does SOTW report for Japan in reference year 2024?

Japan: life expectancy at birth is 84.0 years (years; reference year 2024). Source: World Bank (World Development Indicators).