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
Latest (2024)
628.94 trillion current LCU
Change on year
up 2.8%
World rank
9th
of 207 countries
All-time high
628.94 trillion current LCU
in 2024
All-time low
79.04 trillion current 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 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 207 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) in Japan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 79.04 trillion current LCU | — |
| 1971 | 86.97 trillion current LCU | +10.0% |
| 1972 | 100.32 trillion current LCU | +15.3% |
| 1973 | 123.21 trillion current LCU | +22.8% |
| 1974 | 146.13 trillion current LCU | +18.6% |
| 1975 | 160.87 trillion current LCU | +10.1% |
| 1976 | 181.02 trillion current LCU | +12.5% |
| 1977 | 200.49 trillion current LCU | +10.8% |
| 1978 | 220.75 trillion current LCU | +10.1% |
| 1979 | 240.09 trillion current LCU | +8.8% |
| 1980 | 259.83 trillion current LCU | +8.2% |
| 1981 | 277.72 trillion current LCU | +6.9% |
| 1982 | 292.18 trillion current LCU | +5.2% |
| 1983 | 304.33 trillion current LCU | +4.2% |
| 1984 | 323.19 trillion current LCU | +6.2% |
| 1985 | 344.90 trillion current LCU | +6.7% |
| 1986 | 360.26 trillion current LCU | +4.5% |
| 1987 | 378.54 trillion current LCU | +5.1% |
| 1988 | 405.75 trillion current LCU | +7.2% |
| 1989 | 435.32 trillion current LCU | +7.3% |
| 1990 | 469.58 trillion current LCU | +7.9% |
| 1991 | 499.99 trillion current LCU | +6.5% |
| 1992 | 513.32 trillion current LCU | +2.7% |
| 1993 | 516.63 trillion current LCU | +0.6% |
| 1994 | 520.86 trillion current LCU | +0.8% |
| 1995 | 529.50 trillion current LCU | +1.7% |
| 1996 | 545.27 trillion current LCU | +3.0% |
| 1997 | 553.92 trillion current LCU | +1.6% |
| 1998 | 543.44 trillion current LCU | -1.9% |
| 1999 | 533.82 trillion current LCU | -1.8% |
| 2000 | 543.16 trillion current LCU | +1.7% |
| 2001 | 539.10 trillion current LCU | -0.7% |
| 2002 | 531.84 trillion current LCU | -1.3% |
| 2003 | 529.38 trillion current LCU | -0.5% |
| 2004 | 533.88 trillion current LCU | +0.8% |
| 2005 | 535.74 trillion current LCU | +0.3% |
| 2006 | 538.36 trillion current LCU | +0.5% |
| 2007 | 542.86 trillion current LCU | +0.8% |
| 2008 | 531.13 trillion current LCU | -2.2% |
| 2009 | 497.76 trillion current LCU | -6.3% |
| 2010 | 508.37 trillion current LCU | +2.1% |
| 2011 | 498.64 trillion current LCU | -1.9% |
| 2012 | 502.70 trillion current LCU | +0.8% |
| 2013 | 511.32 trillion current LCU | +1.7% |
| 2014 | 524.39 trillion current LCU | +2.6% |
| 2015 | 546.38 trillion current LCU | +4.2% |
| 2016 | 554.52 trillion current LCU | +1.5% |
| 2017 | 563.17 trillion current LCU | +1.6% |
| 2018 | 566.75 trillion current LCU | +0.6% |
| 2019 | 569.64 trillion current LCU | +0.5% |
| 2020 | 552.81 trillion current LCU | -3.0% |
| 2021 | 570.43 trillion current LCU | +3.2% |
| 2022 | 579.20 trillion current LCU | +1.5% |
| 2023 | 611.53 trillion current LCU | +5.6% |
| 2024 | 628.94 trillion current LCU | +2.8% |
Japan compared with similar countries
- Japan's 628.94 trillion current LCU is above the median for high income countries, which is 266.17 billion current LCU, 2362.9× the median. (77 countries reporting)
- Japan's 628.94 trillion current LCU is above the median for East Asia & Pacific, which is 504.71 billion current LCU, 1246.1× the median. (31 countries reporting)
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
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 217.76 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0491 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,765 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 45.81 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 142.69 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 371.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 11.44 % 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 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 207 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.