Gross value added at basic prices (GVA) (constant LCU) in Japan
Japan: Gross value added at basic prices (GVA) (constant LCU) was 587.58 trillion constant LCU in 2024. ▲ Rising
Latest (2024)
587.58 trillion constant LCU
Change on year
down 0.7%
World rank
6th
of 198 countries
All-time high
591.57 trillion constant LCU
in 2023
All-time low
190.39 trillion constant LCU
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 Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, gross value added at basic prices (gva) in Japan stood at 587.58 trillion constant LCU.
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 591.57 trillion constant LCU in 2023 and was at its lowest, 190.39 trillion constant LCU, in 1970.
Japan ranks 6th of 198 countries on this measure, 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 LCU) in Japan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 190.39 trillion constant LCU | — |
| 1971 | 200.18 trillion constant LCU | +5.1% |
| 1972 | 218.79 trillion constant LCU | +9.3% |
| 1973 | 236.20 trillion constant LCU | +8.0% |
| 1974 | 232.94 trillion constant LCU | -1.4% |
| 1975 | 239.06 trillion constant LCU | +2.6% |
| 1976 | 248.06 trillion constant LCU | +3.8% |
| 1977 | 257.80 trillion constant LCU | +3.9% |
| 1978 | 269.78 trillion constant LCU | +4.6% |
| 1979 | 288.42 trillion constant LCU | +6.9% |
| 1980 | 301.13 trillion constant LCU | +4.4% |
| 1981 | 310.38 trillion constant LCU | +3.1% |
| 1982 | 317.13 trillion constant LCU | +2.2% |
| 1983 | 324.04 trillion constant LCU | +2.2% |
| 1984 | 335.11 trillion constant LCU | +3.4% |
| 1985 | 353.09 trillion constant LCU | +5.4% |
| 1986 | 362.16 trillion constant LCU | +2.6% |
| 1987 | 378.33 trillion constant LCU | +4.5% |
| 1988 | 401.98 trillion constant LCU | +6.3% |
| 1989 | 422.10 trillion constant LCU | +5.0% |
| 1990 | 444.56 trillion constant LCU | +5.3% |
| 1991 | 461.38 trillion constant LCU | +3.8% |
| 1992 | 466.12 trillion constant LCU | +1.0% |
| 1993 | 467.51 trillion constant LCU | +0.3% |
| 1994 | 471.30 trillion constant LCU | +0.8% |
| 1995 | 482.71 trillion constant LCU | +2.4% |
| 1996 | 498.35 trillion constant LCU | +3.2% |
| 1997 | 505.03 trillion constant LCU | +1.3% |
| 1998 | 495.36 trillion constant LCU | -1.9% |
| 1999 | 492.99 trillion constant LCU | -0.5% |
| 2000 | 508.09 trillion constant LCU | +3.1% |
| 2001 | 509.53 trillion constant LCU | +0.3% |
| 2002 | 509.04 trillion constant LCU | -0.1% |
| 2003 | 514.75 trillion constant LCU | +1.1% |
| 2004 | 524.84 trillion constant LCU | +2.0% |
| 2005 | 533.89 trillion constant LCU | +1.7% |
| 2006 | 542.23 trillion constant LCU | +1.6% |
| 2007 | 551.26 trillion constant LCU | +1.7% |
| 2008 | 545.59 trillion constant LCU | -1.0% |
| 2009 | 510.20 trillion constant LCU | -6.5% |
| 2010 | 530.12 trillion constant LCU | +3.9% |
| 2011 | 528.65 trillion constant LCU | -0.3% |
| 2012 | 536.15 trillion constant LCU | +1.4% |
| 2013 | 546.33 trillion constant LCU | +1.9% |
| 2014 | 551.52 trillion constant LCU | +1.0% |
| 2015 | 561.97 trillion constant LCU | +1.9% |
| 2016 | 565.88 trillion constant LCU | +0.7% |
| 2017 | 576.82 trillion constant LCU | +1.9% |
| 2018 | 581.58 trillion constant LCU | +0.8% |
| 2019 | 579.34 trillion constant LCU | -0.4% |
| 2020 | 552.81 trillion constant LCU | -4.6% |
| 2021 | 574.53 trillion constant LCU | +3.9% |
| 2022 | 586.82 trillion constant LCU | +2.1% |
| 2023 | 591.57 trillion constant LCU | +0.8% |
| 2024 | 587.58 trillion constant LCU | -0.7% |
Japan compared with similar countries
- Japan's 587.58 trillion constant LCU is above the median for high income countries, which is 270.55 billion constant LCU, 2171.8× the median. (70 countries reporting)
- Japan's 587.58 trillion constant LCU is above the median for East Asia & Pacific, which is 473.15 billion constant LCU, 1241.8× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 238.16 trillion constant LCU | 190.39 trillion constant LCU | 288.42 trillion constant LCU | 10 |
| 1980s | 350.54 trillion constant LCU | 301.13 trillion constant LCU | 422.10 trillion constant LCU | 10 |
| 1990s | 478.53 trillion constant LCU | 444.56 trillion constant LCU | 505.03 trillion constant LCU | 10 |
| 2000s | 524.94 trillion constant LCU | 508.09 trillion constant LCU | 551.26 trillion constant LCU | 10 |
| 2010s | 555.84 trillion constant LCU | 528.65 trillion constant LCU | 581.58 trillion constant LCU | 10 |
| 2020s | 578.66 trillion constant LCU | 552.81 trillion constant LCU | 591.57 trillion constant LCU | 5 |
Countries ranked near Japan
More economy & growth data for Japan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.4463 Percent per annum (2029)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.007 units per US$ of GDP (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 587.58 trillion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Japan?
- The highest recorded value was 591.57 trillion constant LCU in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in Japan?
- The lowest recorded value was 190.39 trillion constant LCU in 1970.
- How does Japan rank for gross value added at basic prices (gva)?
- Japan ranks 6th out of 198 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.