Japan Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Japan; country and population overview
DATA ON GDP AND ECONOMIC INFORMATION
|
Central bank |
 |
Bank of Japan (2009) |
|
Reserves of foreign exchange and gold |
|
$954.1 billion (31 December 2007 estimate) |
|
Gross Domestic Product - GDP |
|
4,909,272 millions of US dollars (2009) |
|
GDP (Purchasing Power Parity) |
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4,354,550 millions of International dollars (2009) |
|
Real GDP growth |
|
| 2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
| 0.2% |
0.3% |
1.4% |
2.7% |
1.9% |
2.0% |
2.3% |
-0.7% |
2009: -5.4% (estimate)
2010: 1.7% (forecast)
|
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GDP per capita - current prices |
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$39,573 (2009 estimate) |
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GDP per capita - PPP |
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$32,817 International Dollars (2009 estimate) |
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GDP (PPP) - share of world total |
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6.044% (2010 forecast) |
|
GDP - composition by sector |
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- agriculture: 1.4%
- industry: 26.4%
- services: 72.1% (2008 estimate)
|
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Gross domestic expenditure on R&D (% of GDP) |
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3.40% (2006) |
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Inflation |
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1.4% (2008)
-1.1% (2009)
|
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Unemployment rate |
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4.0% (2008)
5.4% (2009 estimate)
6.1% (2010 forecast)
|
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Household saving rates |
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3% (2006) |
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Public debt (% of GDP)
|
|
170.56% (2008) |
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Government bond ratings |
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Standard & Poor's: AA/Stable/A-1+
Moody's rating: Aa2
Moody's outlook: STA
(Foreign Currency Government Bond Ratings; Data last updated Nov 2009)
|
|
Market value of publicly traded shares |
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US$4.453 trillion (31 December 2007) |
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Largest companies in Japan |
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Toyota Motor, Mitsubishi UFJ Financial, Nippon Telegraph & Tel, Honda Motor, Sumitomo Mitsui Financial (2009) |
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FT top 50 banks in the world by market value 2009 |
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- Mitsubishi UFJ Financial
- Sumitomo Mitui Financial
- Moizuho Financial
- Resona
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DATA ON TRADE AND COMPETITIVENESS
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Current account balance |
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US$ 194.269 billion (2008) |
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Shares in world total merchandising export |
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5.11% (2007) |
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Shares in world total commercial services export |
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3.86% (2007) |
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Total exports |
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US$776.8 billion f.o.b. (2008 estimate) |
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Export commodities |
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transport equipment, motor vehicles, semiconductors, electrical machinery, chemicals |
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Total imports |
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US$696.2 billion f.o.b. (2008 estimate) |
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Import commodities |
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machinery and equipment, fuels, foodstuffs, chemicals, textiles, raw materials |
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Exports - major partners |
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US 20.4%, China 15.3%, South Korea 7.6%, Taiwan 6.3%, Hong Kong 5.4% (2007) |
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Imports - major partners |
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China 20.5%, US 11.6%, Saudi Arabia 5.7%, UAE 5.2%, Australia 5%, South Korea 4.4%, Indonesia 4.2% (2007) |
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FDI inflows |
|
| 2007 |
2008 |
|
| US$22.549 million |
US$24.426 million |
|
|
|
FDI outflows |
|
| 2007 |
2008 |
|
| US$73.549 million |
US$128.020 million(2009) |
|
|
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Value of cross-border M&A, by country of purchaser |
|
| 2007 |
2008 |
2009 (Jan-Jun) |
| US$30.376 million(2009) |
US$54.058 million(2009) |
US$8.850 million(2009) |
|
|
Cross-border M&A deals worth over $3 billion completed in 2007
(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)
|
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JTI(UK)Management Ltd, Gallaher Group PLC, United Kingdom, $14.7 billion
Investor Group, Mirant Corp, Philippines, $3.4 billion
(2009)
(for a monthly update on M&A click here ) |
|
Cross-border M&A deals worth over $3 billion completed in 2008
(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)
|
|
Mitsubishi UFJ Financial Group Inc, Morgan Stanley, United States, $7.8 billion
Tokio Marine Holdings Inc, Philadelphia Consolidated Holdings Corp, United States, $4.7 billion
Citigroup Japan Holdings Ltd, Nikko Cordial Corp, Japan, $4.5 billion
Bank of Tokyo-Mitsubishi UFJ Ltd, UnionBanCal Corp., United States, $3.7 billion
Daiichi Sankyo Co Ltd, Ranbaxy Laboratories Ltd, India, $3.4 billion
Investor Group, Nacionale Minerios SA, Brazil, $3.1 billion
(2009) (2009)
(for a monthly update on M&A click here ) |
Best countries for doing business (ranking by country on a basis of 181, the first is the best)
|
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Overall ranking: 15(2009) (2009)
Subcategories:
Starting a business: 91
Employing workers: 40(2009)
Registering property: 54(2009)
Getting credit: 15
Protecting investors: 16(2008 estimate)
Trading across border: 17(2009)
(2009) |
Global competitiveness ranking
(ranking by country on a basis of 133, the first is the best) |
|
8 (2009/2010)(2009) |
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Economic freedom index
|
|
72.8 (2009)
(100=totally free 0=totally repressed ) |
COUNTRY AND POPULATION OVERVIEW
GLOBAL FINANCE RANKINGS AND AWARDS
WORLD'S BEST FOREIGN EXCHANGE BANKS
2009:
- COUNTRY WINNERS Mitsubishi UFJ Financial (National, 2009)
2008:
- COUNTRY WINNERS Mitsubishi UFJ Financial (National, 2008)
WORLD'S BEST TRADE FINANCE PROVIDERS
2009:
- COUNTRY WINNERS Mizuho Financial (National, 2009)
2008:
- COUNTRY WINNERS Mizuho Financial (National, 2008)
WORLD'S BEST DEVELOPED MARKET BANKS
2009:
- Resona Holdings (Asia Pacific and Middle East, 2009)
2008:
- Sumitomo Mitsui Financial Group (National, 2008)
WORLD'S MID YEAR SAFEST BANKS RANKINGS
(ranking of the 50 safest banks in the world; the first is the safest) 2009:
WORLD'S BEST INTERNET BANKS
2009:
- COUNTRY WINNERS / Best Consumer Internet Banks Citi (2009)
- COUNTRY WINNERS / Best Corporate/Institutional Internet Banks Citi (2009)
2008:
- COUNTRY WINNERS / Best Consumer Internet Banks HSBC (2008)
- COUNTRY WINNERS / Best Corporate/Institutional Internet Banks Citi (2008)
WORLD'S BEST SUB CUSTODIANS
2009:
- COUNTRY WINNERS Mizuho Corporate Bank (National, 2009)
2008:
- COUNTRY WINNERS Mizuho (National, 2008)
WORLD'S BEST INVESTMENT BANKS
2009:
- COUNTRY WINNERS Nomura (National, 2009)
2008:
- COUNTRY WINNERS Nomura (National, 2008)
CENTRAL BANKER REPORT CARD
2009:
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE
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