Gross value added at basic prices (GVA) in Japan
Japan: Gross value added at basic prices (GVA) was 4.16 trillion current US$ in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Japan, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Japan recorded 4.16 trillion current US$ for gross value added at basic prices (gva) in 2024.
The figure is down 4.5% on the previous year and down 16.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Japan peaked at 6.30 trillion current US$ in 2012 and was at its lowest, 219.55 billion current US$, in 1970.
Japan ranks 3rd of 204 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 579.60 billion current US$ | 219.55 billion current US$ | 1.10 trillion current US$ | 10 |
| 1980s | 1.87 trillion current US$ | 1.15 trillion current US$ | 3.17 trillion current US$ | 10 |
| 1990s | 4.48 trillion current US$ | 3.24 trillion current US$ | 5.63 trillion current US$ | 10 |
| 2000s | 4.78 trillion current US$ | 4.24 trillion current US$ | 5.32 trillion current US$ | 10 |
| 2010s | 5.35 trillion current US$ | 4.51 trillion current US$ | 6.30 trillion current US$ | 10 |
| 2020s | 4.66 trillion current US$ | 4.16 trillion current US$ | 5.20 trillion current US$ | 5 |
Countries ranked near Japan
- 1 United States 22.49 trillion current US$ compare
- 2 Germany 4.57 trillion current US$ compare
- 4 United Kingdom 3.61 trillion current US$ compare
- 5 India 3.59 trillion current US$ compare
- 6 France 3.00 trillion current US$ compare
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 4.16 trillion current US$ 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 6.30 trillion current US$ in 2012.
- What is the lowest gross value added at basic prices (gva) recorded in Japan?
- The lowest recorded value was 219.55 billion current US$ in 1970.
- How does Japan rank for gross value added at basic prices (gva)?
- Japan ranks 3rd out of 204 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 down 16.1%. The long-run trend across the full record is volatile.
- 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) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.