Japan Gross Domestic Product (GDP) by Year (1961–2023)

Japan Gross Domestic Product (GDP) by Year (1961–2023)

Share the statistic on social media channels or embed the statistic in your website using "Embed Code", where available.

Share chart

Embed chart
Select Citation

Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook


  • APA
  • Chicago
  • Harvard
  • MLA
  • Bluebook
  • IEEE
TGM StatBox. (2024). Japan Gross Domestic Product (GDP) by Year (1961–2023). TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Japan
Published date: 2024
Note: The GDP data in the context of the World Development Indicators (WDI) refers to the information provided by the World Bank that tracks a country's Gross Domestic Product (GDP) and related economic metrics.
Key Takeaways
Japan’s GDP highlights its post-war recovery and status as an economic powerhouse. From $57.2 billion in 1961, GDP soared during the 1970s, reaching $490 billion in 1974, fueled by industrial exports and technological advancements. The 1980s marked the peak of Japan's economic dominance, with GDP growing to $5.54 trillion by 1995.

However, the bursting of the asset bubble in the early 1990s initiated a "lost decade," causing stagnation. Recent years have seen moderate growth, though GDP contracted to $4.21 trillion in 2023 due to demographic challenges and global uncertainties. Japan's resilience lies in its high-tech industries and innovation-driven sectors.

Explore related charts to gain a better understanding of Japan’s annual GDP growth rate, Japan’s urbanization trend, Japan’s net lending/borrowing as a percentage of GDP.

Further Recommended Statistics

Statbox vector
Statbox |form contact icon

Have Other Queries?

Statbox vector

Connect with our expert team for immediate assistance or comprehensive market analysis. We are always ready to support your business needs.