Manufacturing, value added in Japan

Japan: Manufacturing, value added was 788.45 billion current US$ in 2024. ▼ Falling

Latest (2024)
788.45 billion current US$
Change on year
down 7.7%
World rank
4th
of 205 countries
All-time high
1.33 trillion current US$
in 1995
All-time low
788.45 billion current US$
in 2024
Years of data
31
1994–2024

Manufacturing, value added in Japan, 1994–2024

0500.0B1.0T1.5T1994200920241994: 1.2T current US$1995: 1.3T current US$1996: 1.2T current US$1997: 1.1T current US$1998: 942.0B current US$1999: 1.0T current US$2000: 1.1T current US$2001: 938.1B current US$2002: 874.0B current US$2003: 948.0B current US$2004: 1.0T current US$2005: 1.0T current US$2006: 983.0B current US$2007: 1.0T current US$2008: 1.1T current US$2009: 1.0T current US$2010: 1.2T current US$2011: 1.2T current US$2012: 1.2T current US$2013: 1.0T current US$2014: 967.6B current US$2015: 910.2B current US$2016: 1.0T current US$2017: 1.0T current US$2018: 1.0T current US$2019: 1.1T current US$2020: 1.0T current US$2021: 1.0T current US$2022: 837.3B current US$2023: 854.5B current US$2024: 788.5B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Japan recorded 788.45 billion current US$ for manufacturing, value added in 2024. That is the lowest value across all 31 years on record.

That represents a change of down 7.7% on the previous year and down 18.5% over ten years.

Over the whole period, manufacturing, value added in Japan peaked at 1.33 trillion current US$ in 1995 and was at its lowest, 788.45 billion current US$, in 2024.

That places Japan 4th out of 205 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently falling across the 31 years of available data.

Manufacturing, value added in Japan, year by year

Annual values for Manufacturing, value added (current US$) in Japan, 1994 to 2024.
Year current US$ Change
1994 1.19 trillion current US$
1995 1.33 trillion current US$ +11.2%
1996 1.18 trillion current US$ -11.3%
1997 1.07 trillion current US$ -9.4%
1998 942.01 billion current US$ -11.7%
1999 1.03 trillion current US$ +9.7%
2000 1.12 trillion current US$ +8.2%
2001 938.10 billion current US$ -16.1%
2002 873.96 billion current US$ -6.8%
2003 948.02 billion current US$ +8.5%
2004 1.04 trillion current US$ +9.3%
2005 1.03 trillion current US$ -0.8%
2006 983.05 billion current US$ -4.3%
2007 1.01 trillion current US$ +2.3%
2008 1.10 trillion current US$ +9.2%
2009 1.02 trillion current US$ -7.4%
2010 1.21 trillion current US$ +19.3%
2011 1.24 trillion current US$ +1.9%
2012 1.25 trillion current US$ +1.1%
2013 1.01 trillion current US$ -19.1%
2014 967.63 billion current US$ -4.3%
2015 910.24 billion current US$ -5.9%
2016 1.02 trillion current US$ +12.4%
2017 1.01 trillion current US$ -0.8%
2018 1.05 trillion current US$ +3.3%
2019 1.05 trillion current US$ +0.4%
2020 1.03 trillion current US$ -2.4%
2021 1.03 trillion current US$ +0.2%
2022 837.28 billion current US$ -18.6%
2023 854.53 billion current US$ +2.1%
2024 788.45 billion current US$ -7.7%

Japan compared with similar countries

  • Japan's 788.45 billion current US$ is above the median for high income countries, which is 12.50 billion current US$, 63.1× the median. (75 countries reporting)
  • Japan's 788.45 billion current US$ is above the median for East Asia & Pacific, which is 1.49 billion current US$, 528.5× the median. (32 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.12 trillion current US$ 942.01 billion current US$ 1.33 trillion current US$ 6
2000s 1.00 trillion current US$ 873.96 billion current US$ 1.12 trillion current US$ 10
2010s 1.07 trillion current US$ 910.24 billion current US$ 1.25 trillion current US$ 10
2020s 907.03 billion current US$ 788.45 billion current US$ 1.03 trillion current US$ 5

Countries ranked near Japan

  1. 1 China 4.82 trillion current US$ compare
  2. 2 United States 2.50 trillion current US$ compare
  3. 3 Germany 889.63 billion current US$ compare
  4. 5 India 532.92 billion current US$ compare
  5. 6 South Korea 513.52 billion current US$ compare
  6. 7 Italy 382.77 billion current US$ compare

See the full ranking of 253 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is manufacturing, value added in Japan?
Manufacturing, value added in Japan was 788.45 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest manufacturing, value added recorded in Japan?
The highest recorded value was 1.33 trillion current US$ in 1995.
What is the lowest manufacturing, value added recorded in Japan?
The lowest recorded value was 788.45 billion current US$ in 2024.
How does Japan rank for manufacturing, value added?
Japan ranks 4th out of 205 countries with data for 2024.
Is manufacturing, value added rising or falling in Japan?
Over the last ten years it is down 18.5%. The long-run trend across the full record is falling.
Where does this Japan data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.

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Manufacturing, value added in Japan. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-current-us/japan/

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About this data

Indicator
Manufacturing, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 10,085 data points, 1960–2025
Last refreshed

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.