Gross value added at basic prices (GVA) (constant 2015 US$) in Japan
Japan: Gross value added at basic prices (GVA) (constant 2015 US$) was 4.72 trillion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
4.72 trillion constant 2015 US$
Change on year
down 0.7%
World rank
1st
of 194 countries
All-time high
4.75 trillion constant 2015 US$
in 2023
All-time low
1.53 trillion constant 2015 US$
in 1970
Years of data
55
1970–2024
Gross value added at basic prices (GVA) in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross value added at basic prices (gva) in Japan stood at 4.72 trillion constant 2015 US$.
That represents a change of down 0.7% on the previous year and up 6.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Japan peaked at 4.75 trillion constant 2015 US$ in 2023 and was at its lowest, 1.53 trillion constant 2015 US$, in 1970.
That places Japan 1st out of 194 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in Japan, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 1.53 trillion constant 2015 US$ | — |
| 1971 | 1.61 trillion constant 2015 US$ | +5.1% |
| 1972 | 1.76 trillion constant 2015 US$ | +9.3% |
| 1973 | 1.90 trillion constant 2015 US$ | +8.0% |
| 1974 | 1.87 trillion constant 2015 US$ | -1.4% |
| 1975 | 1.92 trillion constant 2015 US$ | +2.6% |
| 1976 | 1.99 trillion constant 2015 US$ | +3.8% |
| 1977 | 2.07 trillion constant 2015 US$ | +3.9% |
| 1978 | 2.17 trillion constant 2015 US$ | +4.6% |
| 1979 | 2.32 trillion constant 2015 US$ | +6.9% |
| 1980 | 2.42 trillion constant 2015 US$ | +4.4% |
| 1981 | 2.49 trillion constant 2015 US$ | +3.1% |
| 1982 | 2.55 trillion constant 2015 US$ | +2.2% |
| 1983 | 2.60 trillion constant 2015 US$ | +2.2% |
| 1984 | 2.69 trillion constant 2015 US$ | +3.4% |
| 1985 | 2.84 trillion constant 2015 US$ | +5.4% |
| 1986 | 2.91 trillion constant 2015 US$ | +2.6% |
| 1987 | 3.04 trillion constant 2015 US$ | +4.5% |
| 1988 | 3.23 trillion constant 2015 US$ | +6.3% |
| 1989 | 3.39 trillion constant 2015 US$ | +5.0% |
| 1990 | 3.57 trillion constant 2015 US$ | +5.3% |
| 1991 | 3.71 trillion constant 2015 US$ | +3.8% |
| 1992 | 3.74 trillion constant 2015 US$ | +1.0% |
| 1993 | 3.76 trillion constant 2015 US$ | +0.3% |
| 1994 | 3.79 trillion constant 2015 US$ | +0.8% |
| 1995 | 3.88 trillion constant 2015 US$ | +2.4% |
| 1996 | 4.00 trillion constant 2015 US$ | +3.2% |
| 1997 | 4.06 trillion constant 2015 US$ | +1.3% |
| 1998 | 3.98 trillion constant 2015 US$ | -1.9% |
| 1999 | 3.96 trillion constant 2015 US$ | -0.5% |
| 2000 | 4.08 trillion constant 2015 US$ | +3.1% |
| 2001 | 4.09 trillion constant 2015 US$ | +0.3% |
| 2002 | 4.09 trillion constant 2015 US$ | -0.1% |
| 2003 | 4.13 trillion constant 2015 US$ | +1.1% |
| 2004 | 4.22 trillion constant 2015 US$ | +2.0% |
| 2005 | 4.29 trillion constant 2015 US$ | +1.7% |
| 2006 | 4.36 trillion constant 2015 US$ | +1.6% |
| 2007 | 4.43 trillion constant 2015 US$ | +1.7% |
| 2008 | 4.38 trillion constant 2015 US$ | -1.0% |
| 2009 | 4.10 trillion constant 2015 US$ | -6.5% |
| 2010 | 4.26 trillion constant 2015 US$ | +3.9% |
| 2011 | 4.25 trillion constant 2015 US$ | -0.3% |
| 2012 | 4.31 trillion constant 2015 US$ | +1.4% |
| 2013 | 4.39 trillion constant 2015 US$ | +1.9% |
| 2014 | 4.43 trillion constant 2015 US$ | +1.0% |
| 2015 | 4.51 trillion constant 2015 US$ | +1.9% |
| 2016 | 4.55 trillion constant 2015 US$ | +0.7% |
| 2017 | 4.63 trillion constant 2015 US$ | +1.9% |
| 2018 | 4.67 trillion constant 2015 US$ | +0.8% |
| 2019 | 4.65 trillion constant 2015 US$ | -0.4% |
| 2020 | 4.44 trillion constant 2015 US$ | -4.6% |
| 2021 | 4.61 trillion constant 2015 US$ | +3.9% |
| 2022 | 4.71 trillion constant 2015 US$ | +2.1% |
| 2023 | 4.75 trillion constant 2015 US$ | +0.8% |
| 2024 | 4.72 trillion constant 2015 US$ | -0.7% |
Japan compared with similar countries
- Japan's 4.72 trillion constant 2015 US$ is above the median for high income countries, which is 96.66 billion constant 2015 US$, 48.8× the median. (69 countries reporting)
- Japan's 4.72 trillion constant 2015 US$ is above the median for East Asia & Pacific, which is 31.94 billion constant 2015 US$, 147.8× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.91 trillion constant 2015 US$ | 1.53 trillion constant 2015 US$ | 2.32 trillion constant 2015 US$ | 10 |
| 1980s | 2.82 trillion constant 2015 US$ | 2.42 trillion constant 2015 US$ | 3.39 trillion constant 2015 US$ | 10 |
| 1990s | 3.84 trillion constant 2015 US$ | 3.57 trillion constant 2015 US$ | 4.06 trillion constant 2015 US$ | 10 |
| 2000s | 4.22 trillion constant 2015 US$ | 4.08 trillion constant 2015 US$ | 4.43 trillion constant 2015 US$ | 10 |
| 2010s | 4.46 trillion constant 2015 US$ | 4.25 trillion constant 2015 US$ | 4.67 trillion constant 2015 US$ | 10 |
| 2020s | 4.65 trillion constant 2015 US$ | 4.44 trillion constant 2015 US$ | 4.75 trillion constant 2015 US$ | 5 |
Countries ranked near Japan
More economy & growth data for Japan
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- SDRs holdings, US dollar, annual growth rate 6.37 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0137 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 493.16 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.29 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 360.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.17 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Japan?
- Gross value added at basic prices (gva) in Japan was 4.72 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Japan?
- The highest recorded value was 4.75 trillion constant 2015 US$ in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in Japan?
- The lowest recorded value was 1.53 trillion constant 2015 US$ in 1970.
- How does Japan rank for gross value added at basic prices (gva)?
- Japan ranks 1st out of 194 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Japan?
- Over the last ten years it is up 6.5%. The long-run trend across the full record is rising.
- Where does this Japan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.