Gross value added at basic prices (GVA) in Japan
Japan: Gross value added at basic prices (GVA) was 628.94 trillion current LCU in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross value added at basic prices (gva) in Japan stood at 628.94 trillion current LCU. That is the highest value across all 55 years on record.
That represents a change of up 2.8% on the previous year and up 19.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Japan peaked at 628.94 trillion current LCU in 2024 and was at its lowest, 79.04 trillion current LCU, in 1970.
Japan ranks 9th of 206 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 153.89 trillion current LCU | 79.04 trillion current LCU | 240.09 trillion current LCU | 10 |
| 1980s | 338.20 trillion current LCU | 259.83 trillion current LCU | 435.32 trillion current LCU | 10 |
| 1990s | 522.63 trillion current LCU | 469.58 trillion current LCU | 553.92 trillion current LCU | 10 |
| 2000s | 532.32 trillion current LCU | 497.76 trillion current LCU | 543.16 trillion current LCU | 10 |
| 2010s | 534.59 trillion current LCU | 498.64 trillion current LCU | 569.64 trillion current LCU | 10 |
| 2020s | 588.58 trillion current LCU | 552.81 trillion current LCU | 628.94 trillion current LCU | 5 |
Countries ranked near Japan
More economy & growth data for Japan
- External balance on goods and services as a percent of GDP -0.9% (2024)
- Inflation of consumer prices 3.2% (2025)
- GDP per capita 38,619 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 18.8% (2024)
- Gross domestic product (GDP) 4.76 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 38,619 constant 2015 US$ (2025)
- DEC alternative conversion factor 149.66 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.25 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -28.09 billion current US$ (2024)
- Taxes less subsidies on products 3.66 trillion current LCU (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Japan?
- Gross value added at basic prices (gva) in Japan was 628.94 trillion current LCU 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 628.94 trillion current LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Japan?
- The lowest recorded value was 79.04 trillion current LCU in 1970.
- How does Japan rank for gross value added at basic prices (gva)?
- Japan ranks 9th out of 206 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 19.9%. 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) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.