Gross value added at basic prices (GVA) in Japan
Japan: Gross value added at basic prices (GVA) was 587.58 trillion constant LCU in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Japan, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, gross value added at basic prices (gva) in Japan stood at 587.58 trillion constant LCU.
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 591.57 trillion constant LCU in 2023 and was at its lowest, 190.39 trillion constant LCU, in 1970.
Japan ranks 6th of 197 countries on this measure, 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 | 238.16 trillion constant LCU | 190.39 trillion constant LCU | 288.42 trillion constant LCU | 10 |
| 1980s | 350.54 trillion constant LCU | 301.13 trillion constant LCU | 422.10 trillion constant LCU | 10 |
| 1990s | 478.53 trillion constant LCU | 444.56 trillion constant LCU | 505.03 trillion constant LCU | 10 |
| 2000s | 524.94 trillion constant LCU | 508.09 trillion constant LCU | 551.26 trillion constant LCU | 10 |
| 2010s | 555.84 trillion constant LCU | 528.65 trillion constant LCU | 581.58 trillion constant LCU | 10 |
| 2020s | 578.66 trillion constant LCU | 552.81 trillion constant LCU | 591.57 trillion constant LCU | 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 587.58 trillion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Japan?
- The highest recorded value was 591.57 trillion constant LCU in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in Japan?
- The lowest recorded value was 190.39 trillion constant LCU in 1970.
- How does Japan rank for gross value added at basic prices (gva)?
- Japan ranks 6th out of 197 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.