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Economy of Japan
Japan has a highly developedmixed economy. It is known as an East Asian model for its public investment into strategic sectors. Japan is the fourth-largest economy in the world by nominal GDP and the fifth-largest by purchasing power parity (PPP). It constituted 3.7% of the world's economy on a nominal basis in 2024. A founding member of the G7 and an early member of the OECD, Japan was the first country in Asia to achieve developed country status.
List of countries by GDP (nominal)Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.*As an Amazon Associate I earn from qualifying purchases.