Gross domestic product (GDP) in Japan

Japan: Gross domestic product (GDP) was 5.51 trillion international-$ in 2021 prices in 2023. ◆ Volatile

Latest (2023)
5.51 trillion international-$ in 2021 prices
Change on year
up 2.1%
World rank
5th
of 184 countries
All-time high
5.91 trillion international-$ in 2021 prices
in 2007
All-time low
268.97 billion international-$ in 2021 prices
in 1950
Years of data
74
1950–2023

Gross domestic product (GDP) in Japan, 1950–2023

02.0T4.0T6.0T195019862023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

The most recent figure for gross domestic product (gdp) in Japan is 5.51 trillion international-$ in 2021 prices, measured in 2023.

That represents a change of up 2.1% on the previous year and down 3.0% over ten years.

Over the whole period, gross domestic product (gdp) in Japan peaked at 5.91 trillion international-$ in 2021 prices in 2007 and was at its lowest, 268.97 billion international-$ in 2021 prices, in 1950.

That places Japan 5th out of 184 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1950s 384.35 billion international-$ in 2021 prices 268.97 billion international-$ in 2021 prices 520.89 billion international-$ in 2021 prices 10
1960s 923.86 billion international-$ in 2021 prices 586.32 billion international-$ in 2021 prices 1.40 trillion international-$ in 2021 prices 10
1970s 2.03 trillion international-$ in 2021 prices 1.54 trillion international-$ in 2021 prices 2.63 trillion international-$ in 2021 prices 10
1980s 3.03 trillion international-$ in 2021 prices 2.69 trillion international-$ in 2021 prices 3.86 trillion international-$ in 2021 prices 10
1990s 4.93 trillion international-$ in 2021 prices 4.17 trillion international-$ in 2021 prices 5.39 trillion international-$ in 2021 prices 10
2000s 5.61 trillion international-$ in 2021 prices 5.39 trillion international-$ in 2021 prices 5.91 trillion international-$ in 2021 prices 10
2010s 5.65 trillion international-$ in 2021 prices 5.54 trillion international-$ in 2021 prices 5.74 trillion international-$ in 2021 prices 10
2020s 5.39 trillion international-$ in 2021 prices 5.30 trillion international-$ in 2021 prices 5.51 trillion international-$ in 2021 prices 4

Countries ranked near Japan

  1. 2 United States 25.04 trillion international-$ in 2021 prices compare
  2. 3 India 12.87 trillion international-$ in 2021 prices compare
  3. 4 Russia 5.71 trillion international-$ in 2021 prices compare
  4. 6 Germany 5.07 trillion international-$ in 2021 prices compare
  5. 7 Brazil 3.95 trillion international-$ in 2021 prices compare
  6. 8 Indonesia 3.92 trillion international-$ in 2021 prices compare

See the full ranking of 184 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is gross domestic product (gdp) in Japan?
Gross domestic product (gdp) in Japan was 5.51 trillion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest gross domestic product (gdp) recorded in Japan?
The highest recorded value was 5.91 trillion international-$ in 2021 prices in 2007.
What is the lowest gross domestic product (gdp) recorded in Japan?
The lowest recorded value was 268.97 billion international-$ in 2021 prices in 1950.
How does Japan rank for gross domestic product (gdp)?
Japan ranks 5th out of 184 countries with data for 2023.
Is gross domestic product (gdp) rising or falling in Japan?
Over the last ten years it is down 3.0%. The long-run trend across the full record is volatile.
Where does this Japan data come from?
The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2021 prices
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.