Japanese GDP Measure

A Japanese GDP Measure is a national GDP measure that can be used to create economic indicator systems (that support Japanese economic analysis tasks).

• AKA: Japan Gross Domestic Product, Japanese Economic Output Measure, Japan National Production Statistic.
• Context:
  • It can typically measure Japanese economic output through Japanese government statistical methods.
  • It can typically quantify Japanese economic activity through Japanese GDP calculation formulas.
  • It can typically track Japanese economic performance through Japanese economic reporting periods.
  • It can typically assess Japanese economic health through Japanese economic assessment methods.
  • It can typically represent Japanese market value of all Japanese final goods and Japanese services.
  • ...
  • It can often provide Japanese economic comparison through Japanese historical economic data.
  • It can often enable Japanese policy decision through Japanese economic forecasts.
  • It can often inform Japanese investment strategy through Japanese economic trend analysis.
  • It can often support Japanese budget planning through Japanese economic projections.
  • ...
  • It can range from being a Raw Japanese GDP Measure to being an Adjusted Japanese GDP Measure, depending on its Japanese economic adjustment factors.
  • It can range from being a Nominal Japanese GDP Measure to being a Real Japanese GDP Measure, depending on its Japanese inflation adjustment approach.
  • It can range from being a Historical Japanese GDP Measure to being a Forecast Japanese GDP Measure, depending on its Japanese economic time frame.
  • It can range from being a Quarterly Japanese GDP Measure to being an Annual Japanese GDP Measure, depending on its Japanese economic reporting period.
  • It can range from being a Regional Japanese GDP Measure to being a National Japanese GDP Measure, depending on its Japanese geographic scope.
  • ...
  • It can be calculated by Cabinet Office of Japan for Japanese economic reporting purposes.
  • It can be reported in Japanese yen values and US dollar equivalents for Japanese economic standardization.
  • It can be analyzed by Japanese economic analysts for Japanese economic trend identification.
  • It can be normalized through Japanese per capita calculation for Japanese population-adjusted comparisons.
  • It can be tracked through Japanese GDP growth rate calculation for Japanese economic performance evaluation.
  • It can be divided into Japanese economic sectors for Japanese structural economic analysis.
  • It can be influenced by Japanese demographic changes for Japanese long-term economic planning.
  • ...
• Examples:
  • Japanese GDP Measure Time Periods, such as:
    • Post-War Japanese GDP Measures, such as:
      • Japanese GDP Measure (1950) of 3.5 trillion Japanese yens, during post-war reconstruction period.
      • Japanese GDP Measure (1960) of 16.7 trillion Japanese yens, during high growth economic period.
      • Japanese GDP Measure (1973) of 112.5 trillion Japanese yens, during oil crisis impact period.
    • Bubble Economy Japanese GDP Measures, such as:
      • Japanese GDP Measure (1985) of 324.3 trillion Japanese yens, during Plaza Accord implementation.
      • Japanese GDP Measure (1989) of 442.2 trillion Japanese yens, during asset price bubble peak.
    • Post-Bubble Japanese GDP Measures, such as:
      • Japanese GDP Measure (1995) of 501.7 trillion Japanese yens, during lost decade beginning.
      • Japanese GDP Measure (2000) of 512.9 trillion Japanese yens, during structural reform period.
      • Japanese GDP Measure (2008) of 505.3 trillion Japanese yens, during global financial crisis.
      • Japanese GDP Measure (2016) of 538.4 trillion Japanese yens (4.94 trillion US dollars), during Abenomics implementation.
      • Japanese GDP Measure (2020) of 539.1 trillion Japanese yens, during COVID-19 pandemic response.
      • Japanese GDP Measure (2023) of 560.5 trillion Japanese yens, during post-pandemic recovery period.
    • Current Japanese GDP Measures, such as:
      • Japanese GDP Measure (Q1 2024) for current economic assessment.
      • Japanese GDP Measure (Q2 2024) for quarterly economic comparison.
    • Forecast Japanese GDP Measures, such as:
      • Japanese GDP Measure (2025 Forecast) for short-term economic planning.
      • Japanese GDP Measure (2030 Projection) for medium-term economic planning.
  • Japanese GDP Measure Types, such as:
    • Nominal Japanese GDP Measures, such as:
      • Japanese Current Yen GDP for unadjusted economic output measurement.
      • Japanese Market Value GDP for current price economic valuation.
    • Real Japanese GDP Measures, such as:
      • Japanese Inflation-Adjusted GDP for price-normalized economic comparison.
      • Japanese Constant Price GDP for inflation-controlled economic analysis.
  • Japanese GDP Measure Normalizations, such as:
    • Japanese Per Capita GDP Measures, such as:
      • Japanese GDP Per Person for population-adjusted economic comparison.
      • Japanese GDP Per Working Age Adult for demographic-adjusted economic analysis.
    • Japanese GDP Growth Rates, such as:
      • Japanese Quarterly GDP Growth Rate for short-term economic trend analysis.
      • Japanese Annual GDP Growth Rate for yearly economic performance assessment.
      • Japanese Decade GDP Growth Rate for long-term economic evaluation.
  • Japanese Regional GDP Measures, such as:
    • Japanese Metropolitan GDP Measures, such as:
      • Tokyo GDP Measure for capital region economic assessment.
      • Osaka GDP Measure for Kansai region economic evaluation.
      • Nagoya GDP Measure for manufacturing center economic analysis.
    • Japanese Rural Prefecture GDP Measures, such as:
      • Hokkaido GDP Measure for northern island economic assessment.
      • Okinawa GDP Measure for southern island economic evaluation.
  • Japanese Sectoral GDP Measures, such as:
    • Japanese Manufacturing GDP for industrial economic contribution.
    • Japanese Service Sector GDP for tertiary economic contribution.
    • Japanese Technology Sector GDP for high-tech industry economic contribution.
    • Japanese Agricultural GDP for primary sector economic contribution.
  • ...
• Counter-Examples:
  • International GDP Measures, which measure non-Japanese economic output rather than Japanese economic output.
  • Japanese GNP Measure, which includes Japanese overseas production but excludes foreign production in Japan.
  • Japanese Income Measures, which track Japanese individual earnings rather than Japanese total production.
  • Japanese Stock Market Measures, which represent Japanese equity valuations rather than Japanese total economic output.
  • Japanese Debt Measures, which quantify Japanese financial obligations rather than Japanese economic production.
  • Japanese Deflator Measure, which measures Japanese price level changes rather than Japanese output value.
  • German GDP, Chinese GDP, Russia GDP, U.S.A. GDP, ...
  • Japanese Median Income.
  • Japanese Stock Capitalization Measure.
• See: National Economic Indicator, Japanese Economy Measure, Japanese GNP Measure, Japanese National Debt, Japanese Economic Growth Rate, G7 GDP Comparison, Asia-Pacific Economic Integration.

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References

• Cabinet Office of Japan. "National Accounts of Japan." Economic and Social Research Institute.
• Bank of Japan. "Statistics." Research and Statistics Department.
• World Bank. "GDP (current US$) - Japan." World Development Indicators.
• International Monetary Fund. "World Economic Outlook Database, October 2023." IMF Data.
• OECD. "Gross Domestic Product." OECD Data.

2023

• Japan Cabinet Office. "Annual Report on the Japanese Economy and Public Finance 2023." Cabinet Office, Government of Japan, 2023.
  • QUOTE: Japan's GDP reached 560.5 trillion yen in 2023, representing a real growth rate of 1.9% compared to the previous year. The recovery has been supported by improved consumer spending and increased exports, though challenges remain from inflation pressures and global economic uncertainties.

2020

• Ito, 2020) ⇒ Takatoshi Ito. (2020). "The Japanese Economy During and After COVID-19." Centre for Economic Policy Research.
  • QUOTE: The Japanese economy contracted by 4.8% in 2020 due to the COVID-19 pandemic, though this decline was less severe than those experienced by many other advanced economies. Japan's relatively successful containment of the virus in the early stages and substantial fiscal support helped mitigate the economic impact.

1990-2010

• (Hoshi and Kashyap, 2011) ⇒ Takeo Hoshi and Anil Kashyap. (2011). "Why Did Japan Stop Growing?" National Institute for Research Advancement.
  • QUOTE: Between 1990 and 2010, the Japanese GDP grew at an average annual rate of just 0.8%, a dramatic slowdown from the average of 4.5% in the 1980s. This prolonged period of sluggish growth, often called the "Lost Two Decades," was characterized by persistent deflation, banking system weaknesses, and demographic challenges.

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