Gross value added at basic prices (GVA) in Japan
Japan: Gross value added at basic prices (GVA) was 4.72 trillion constant 2015 US$ in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross value added at basic prices (gva) in Japan stood at 4.72 trillion constant 2015 US$.
That represents a change of down 0.7% on the previous year and up 6.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Japan peaked at 4.75 trillion constant 2015 US$ in 2023 and was at its lowest, 1.53 trillion constant 2015 US$, in 1970.
That places Japan 1st out of 193 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.91 trillion constant 2015 US$ | 1.53 trillion constant 2015 US$ | 2.32 trillion constant 2015 US$ | 10 |
| 1980s | 2.82 trillion constant 2015 US$ | 2.42 trillion constant 2015 US$ | 3.39 trillion constant 2015 US$ | 10 |
| 1990s | 3.84 trillion constant 2015 US$ | 3.57 trillion constant 2015 US$ | 4.06 trillion constant 2015 US$ | 10 |
| 2000s | 4.22 trillion constant 2015 US$ | 4.08 trillion constant 2015 US$ | 4.43 trillion constant 2015 US$ | 10 |
| 2010s | 4.46 trillion constant 2015 US$ | 4.25 trillion constant 2015 US$ | 4.67 trillion constant 2015 US$ | 10 |
| 2020s | 4.65 trillion constant 2015 US$ | 4.44 trillion constant 2015 US$ | 4.75 trillion constant 2015 US$ | 5 |
Countries ranked near Japan
More economy & growth data for Japan
- DEC alternative conversion factor 149.66 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.25 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -28.09 billion current US$ (2024)
- Taxes less subsidies on products 3.66 trillion current LCU (2024)
- Taxes less subsidies on products 24.19 billion current US$ (2024)
- Net primary income (Net income from abroad) 38.60 trillion current LCU (2024)
- Net primary income (Net income from abroad) 255.03 billion current US$ (2024)
- GNI per capita 5.72 million current LCU (2025)
- GNI per capita, Atlas method 38,340 current US$ (2025)
- GNI 705.66 trillion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Japan?
- Gross value added at basic prices (gva) in Japan was 4.72 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Japan?
- The highest recorded value was 4.75 trillion constant 2015 US$ in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in Japan?
- The lowest recorded value was 1.53 trillion constant 2015 US$ in 1970.
- How does Japan rank for gross value added at basic prices (gva)?
- Japan ranks 1st out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Japan?
- Over the last ten years it is up 6.5%. The long-run trend across the full record is rising.
- Where does this Japan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.