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
Latest (2024)
4.16 trillion current US$
Change on year
down 4.5%
World rank
3rd
of 207 countries
All-time high
6.30 trillion current US$
in 2012
All-time low
219.55 billion current 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 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$, in 1970.
Japan ranks 3rd of 207 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Japan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 219.55 billion current US$ | — |
| 1971 | 248.01 billion current US$ | +13.0% |
| 1972 | 330.91 billion current US$ | +33.4% |
| 1973 | 453.47 billion current US$ | +37.0% |
| 1974 | 500.29 billion current US$ | +10.3% |
| 1975 | 542.05 billion current US$ | +8.3% |
| 1976 | 610.42 billion current US$ | +12.6% |
| 1977 | 746.68 billion current US$ | +22.3% |
| 1978 | 1.05 trillion current US$ | +40.5% |
| 1979 | 1.10 trillion current US$ | +4.4% |
| 1980 | 1.15 trillion current US$ | +4.6% |
| 1981 | 1.26 trillion current US$ | +9.9% |
| 1982 | 1.17 trillion current US$ | -6.8% |
| 1983 | 1.28 trillion current US$ | +9.2% |
| 1984 | 1.36 trillion current US$ | +6.2% |
| 1985 | 1.45 trillion current US$ | +6.3% |
| 1986 | 2.14 trillion current US$ | +47.9% |
| 1987 | 2.62 trillion current US$ | +22.4% |
| 1988 | 3.17 trillion current US$ | +21.0% |
| 1989 | 3.16 trillion current US$ | -0.3% |
| 1990 | 3.24 trillion current US$ | +2.8% |
| 1991 | 3.71 trillion current US$ | +14.4% |
| 1992 | 4.05 trillion current US$ | +9.2% |
| 1993 | 4.65 trillion current US$ | +14.6% |
| 1994 | 5.10 trillion current US$ | +9.7% |
| 1995 | 5.63 trillion current US$ | +10.5% |
| 1996 | 5.01 trillion current US$ | -11.0% |
| 1997 | 4.58 trillion current US$ | -8.7% |
| 1998 | 4.15 trillion current US$ | -9.3% |
| 1999 | 4.69 trillion current US$ | +12.9% |
| 2000 | 5.04 trillion current US$ | +7.5% |
| 2001 | 4.44 trillion current US$ | -12.0% |
| 2002 | 4.24 trillion current US$ | -4.4% |
| 2003 | 4.57 trillion current US$ | +7.7% |
| 2004 | 4.93 trillion current US$ | +8.1% |
| 2005 | 4.86 trillion current US$ | -1.5% |
| 2006 | 4.63 trillion current US$ | -4.8% |
| 2007 | 4.61 trillion current US$ | -0.4% |
| 2008 | 5.14 trillion current US$ | +11.5% |
| 2009 | 5.32 trillion current US$ | +3.5% |
| 2010 | 5.79 trillion current US$ | +8.9% |
| 2011 | 6.25 trillion current US$ | +7.9% |
| 2012 | 6.30 trillion current US$ | +0.8% |
| 2013 | 5.24 trillion current US$ | -16.8% |
| 2014 | 4.95 trillion current US$ | -5.5% |
| 2015 | 4.51 trillion current US$ | -8.8% |
| 2016 | 5.10 trillion current US$ | +12.9% |
| 2017 | 5.02 trillion current US$ | -1.5% |
| 2018 | 5.13 trillion current US$ | +2.2% |
| 2019 | 5.23 trillion current US$ | +1.8% |
| 2020 | 5.18 trillion current US$ | -0.9% |
| 2021 | 5.20 trillion current US$ | +0.4% |
| 2022 | 4.40 trillion current US$ | -15.3% |
| 2023 | 4.35 trillion current US$ | -1.2% |
| 2024 | 4.16 trillion current US$ | -4.5% |
Japan compared with similar countries
- Japan's 4.16 trillion current US$ is above the median for high income countries, which is 110.20 billion current US$, 37.7× the median. (77 countries reporting)
- Japan's 4.16 trillion current US$ is above the median for East Asia & Pacific, which is 22.97 billion current US$, 180.9× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 579.60 billion current US$ | 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
- 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$), annual growth rate 11.44 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Japan?
- Gross value added at basic prices (gva) in Japan was 4.16 trillion current US$ 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 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 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.