Tuesday, February 25, 2014

Rank and Economy

The rank of Japan from the poorest is 179 and from the richest is 7 with gdp percapita using atlas method in 2003 being 34,510 $. In other measurements IMF,WB, and CIA using nominal methods in 2007,2007,and 2008
IMF...................................................WB................................................CIA
rank/measure.................................rank/measure........................................rank/measure
22/34,296.....................................20/34,254.......................................25/34,402

Economy of Japan
Skyscrapers of Shinjuku 2009 January.jpg
Financial centre in Tokyo
Rank3rd (nominal) / 4th (PPP)
CurrencyJapanese Yen (JPY)
Fiscal year1 April – 31 March
Trade organisationsAPECWTOOECDG-20G8 and others
Statistics
GDP
$5.964 trillion (2012 est.) (nominal; 3rd)
$4.628 trillion(2012 est.) (PPP; 4th)
GDP growth1.9% (Q3 2013)
GDP per capita
$46,736 (2012 est.) (nominal; 14th)
$36,266 (2012 est.) (PPP; 23rd)
GDP by sectoragriculture: 1.2%, industry: 27.5%, services: 71.4% (2012 est.)
Inflation (CPI)0.3% (April 2011)[1]
Population
below poverty line
16% (2010)[2]
Gini coefficient38.1 (2002)
Labour force65.93 million (2011 est.)
Labour force
by occupation
agriculture: 3.9%, industry: 26.2%, services: 69.8% (2010 est.)
Unemployment4.6% (2011 est.)[1]
Main industriesamong world's largest and technologically advanced producers of motor vehicles, electronic equipment, machine tools, steeland nonferrous metals, ships, chemicals,textiles, processed foods
Ease of doing business rank24th[3]
External
Exports$788 billion (2011 est.)
Export goodsmotor vehicles 13.6%; semiconductors 6.2%; iron and steel products 5.5%; auto parts 4.6%; plastic materials 3.5%; power generating machinery 3.5%
Main export partners China 18.1%
 United States 17.8%
 South Korea 7.7%
 Thailand 5.5%
 Hong Kong 5.1% (2012 est.) [4]
Imports$808.4 billion (2011 est.)
Import goodspetroleum 15.5%; liquid natural gas 5.7%; clothing 3.9%; semiconductors 3.5%; coal 3.5%; audio and visual apparatus 2.7%
Main import partners China 21.3%
 United States 8.8%
 Australia 6.4%
 Saudi Arabia 6.2%
 United Arab Emirates 5.0%
 South Korea 4.6%
 Qatar 4.0% (2012 est.) [5]
FDI stock$161.4 billion (31 December 2010 est.)

The economy of Japan is the third largest in the world by nominal GDP, the fourth largest bypurchasing power parity  and is the world's second largest developed economy. According to the International Monetary Fund, the country's per capita GDP (PPP) was at $35,855 or the 22nd highest in 2012. Japan is a member of Group of Eight. The Japanese economy is forecasted by theQuarterly Tankan survey of business sentimentconducted by the Bank of Japan.
Japan is the world's third largest automobile manufacturing country, has the largest electronics goods industry, and is often ranked among the world's most innovative countries leading several measures of global patent filings. Facing increasing competition from China and South Korea, manufacturing in Japan today now focuses primarily on high-tech and precision goods, such asoptical instrumentsHybrid vehicles, and robotics. Beside the Kantō region, the Kansairegion is one the leading industrial clusters and the manufacturing center for the Japanese economy.
Japan is the world's largest creditor nation,generally running an annual trade surplus and having a considerable net international investment surplus. As of 2010, Japan possesses 13.7% of the world's private financial assets (the 2nd largest in the world) at an estimated $14.6 trillion. As of 2013, 62 of the Fortune Global 500 companies are based in Japan.