71 datasets found
  1. Gross domestic product (GDP) per capita in Japan 1987-2030

    • statista.com
    Updated Oct 16, 2025
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    Statista (2025). Gross domestic product (GDP) per capita in Japan 1987-2030 [Dataset]. https://www.statista.com/statistics/263596/gross-domestic-product-gdp-per-capita-in-japan/
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    Dataset updated
    Oct 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Japan
    Description

    The statistic shows the gross domestic product (GDP) per capita in Japan from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in Japan was around 32,443 U.S. dollars. For further information, see Japan's GDP. Japan's economy Japan is the world’s second largest developed economy and a member of the Group of Eight, also known as G8, which is comprised of the eight leading industrialized countries. Due to a weak financial sector, overregulation and a lack of demand, Japan suffered substantially from the early 1990s until 2000, a time referred to as ‘’The Lost Decade’’. Japan’s economy is still slowly recovering from the country’s asset price bubble collapse; however it continues to struggle to retain economic milestones achieved in the 1980s. Japan’s response to the crash was to stimulate the economy, which in turn resulted in extensive amounts of debt that further increased into the 21st century, most notably after the 2008 financial crisis. Despite maintaining a surprisingly low unemployment rate, demand within the country remains inadequate, primarily because Japanese residents spend a rather small fraction of the money they earned from the workplace. Lower demand often has a direct effect on production, with companies seeing not enough profits to continue production at such a high rate. Based on the consumer confidence index, Japanese households found that their quality of life, income growth, employment and propensity to durable goods was below satisfactory standards, perhaps due to these households still experiencing the effects of the 1990s bubble crash.

  2. T

    Japan GDP per capita

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 6, 2025
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    TRADING ECONOMICS (2025). Japan GDP per capita [Dataset]. https://tradingeconomics.com/japan/gdp-per-capita
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    json, xml, excel, csvAvailable download formats
    Dataset updated
    Jul 6, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    Japan
    Description

    The Gross Domestic Product per capita in Japan was last recorded at 37144.91 US dollars in 2024. The GDP per Capita in Japan is equivalent to 294 percent of the world's average. This dataset provides - Japan GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  3. F

    Constant GDP per capita for Japan

    • fred.stlouisfed.org
    json
    Updated Jul 2, 2025
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    (2025). Constant GDP per capita for Japan [Dataset]. https://fred.stlouisfed.org/series/NYGDPPCAPKDJPN
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    jsonAvailable download formats
    Dataset updated
    Jul 2, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Constant GDP per capita for Japan (NYGDPPCAPKDJPN) from 1960 to 2024 about Japan, per capita, real, and GDP.

  4. T

    Japan - GDP Per Capita Growth (annual %)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 31, 2017
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    TRADING ECONOMICS (2017). Japan - GDP Per Capita Growth (annual %) [Dataset]. https://tradingeconomics.com/japan/gdp-per-capita-growth-annual-percent-wb-data.html
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    excel, json, csv, xmlAvailable download formats
    Dataset updated
    May 31, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Japan
    Description

    GDP per capita growth (annual %) in Japan was reported at 0.52067 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

  5. T

    Japan GDP per capita PPP

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 25, 2012
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    TRADING ECONOMICS (2012). Japan GDP per capita PPP [Dataset]. https://tradingeconomics.com/japan/gdp-per-capita-ppp
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    xml, csv, json, excelAvailable download formats
    Dataset updated
    May 25, 2012
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1990 - Dec 31, 2024
    Area covered
    Japan
    Description

    The Gross Domestic Product per capita in Japan was last recorded at 46097.43 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Japan, when adjusted by Purchasing Power Parity is equivalent to 259 percent of the world's average. This dataset provides - Japan GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  6. J

    Japan GDP per Capita

    • ceicdata.com
    Updated Mar 15, 2019
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    CEICdata.com (2019). Japan GDP per Capita [Dataset]. https://www.ceicdata.com/en/indicator/japan/gdp-per-capita
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    Dataset updated
    Mar 15, 2019
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2013 - Dec 1, 2024
    Area covered
    Japan
    Description

    Key information about Japan GDP Per Capita

    • Japan Gross Domestic Product (GDP) per Capita reached 32,434.398 USD in Dec 2024, compared with 33,826.973 USD in Dec 2023.
    • Japan GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2024, with an average number of 24,716.627 USD.
    • The data reached an all-time high of 49,185.555 USD in Dec 2012 and a record low of 331.315 in Dec 1957.
    • CEIC calculates GDP per Capita from annual Nominal GDP and monthly Population and converts it into USD. Economic and Social Research Institute provides Nominal GDP in local currency, based on SNA 2008 with benchmark year 2015. Statistics Bureau provides Population. Federal Reserve Bank average market exchange rate is used for currency conversions. GDP per Capita prior to 1994 is calculated from Nominal GDP based on SNA 1993 with benchmark year 2000 and prior to 1980 is based on SNA 1968.


    Related information about Japan GDP Per Capita data

    • In the latest reports, Japan GDP expanded 1.075 % YoY in Sep 2025.
    • Japan Nominal GDP reached 1,077.561 USD bn in Sep 2025.
    • Its GDP deflator (implicit price deflator) increased 2.816 % in Sep 2025.
    • Gross Savings Rate of Japan was measured at 30.106 % in Mar 2024.

  7. T

    Japan GDP Per Capita Us Dollar

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 31, 2017
    + more versions
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    TRADING ECONOMICS (2017). Japan GDP Per Capita Us Dollar [Dataset]. https://tradingeconomics.com/japan/gdp-per-capita-us-dollar-wb-data.html
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    csv, json, xml, excelAvailable download formats
    Dataset updated
    May 31, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Japan
    Description

    Actual value and historical data chart for Japan GDP Per Capita Us Dollar

  8. T

    Japan GDP per Capita PPP

    • trendonify.com
    csv
    Updated Dec 31, 2024
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    Trendonify (2024). Japan GDP per Capita PPP [Dataset]. https://trendonify.com/japan/gdp-per-capita-ppp
    Explore at:
    csvAvailable download formats
    Dataset updated
    Dec 31, 2024
    Dataset authored and provided by
    Trendonify
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1990 - Dec 31, 2024
    Area covered
    Japan
    Description

    Yearly (annual) dataset of the Japan GDP per Capita PPP, including historical data, latest releases, and long-term trends from 1990-12-31 to 2024-12-31. Available for free download in CSV format.

  9. J

    Japan GDP per capita, current dollars - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Dec 19, 2014
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    Globalen LLC (2014). Japan GDP per capita, current dollars - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Japan/gdp_per_capita_current_dollars/
    Explore at:
    xml, excel, csvAvailable download formats
    Dataset updated
    Dec 19, 2014
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    Japan
    Description

    Japan: GDP per capita, current U.S. dollars: The latest value from 2024 is 32475.89 U.S. dollars, a decline from 33836.18 U.S. dollars in 2023. In comparison, the world average is 19439.19 U.S. dollars, based on data from 176 countries. Historically, the average for Japan from 1960 to 2024 is 23579.29 U.S. dollars. The minimum value, 508.7 U.S. dollars, was reached in 1960 while the maximum of 49145.28 U.S. dollars was recorded in 2012.

  10. Gross domestic product (GDP) per capita in the United States 2030

    • statista.com
    + more versions
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    Statista, Gross domestic product (GDP) per capita in the United States 2030 [Dataset]. https://www.statista.com/statistics/263601/gross-domestic-product-gdp-per-capita-in-the-united-states/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The statistic shows the gross domestic product (GDP) per capita in the United States from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in the United States amounted to around 85,812.18 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information. For comparison, per capita GDP in China had reached about 5,553 U.S. dollars in 2011. Gross domestic product of the United States The gross domestic product (GDP) of a country is an economic key figure, as it represents the market value of goods and services produced in a country within one year. The United States’ GDP) is increasing consistently, and it is expected to continue growing. On a global scale, the U.S. share of GDP adjusted for Purchasing Power Parity has been in the range of 20 percent over the last few years, give or take a few percentage points. The United States has the largest GDP worldwide, with a significant lead over China, Japan and Germany. Gross domestic product per capita is annual GDP divided by the average population from the same year, which allows for a GDP calculation per inhabitant of a country. Thus, a country with a high GDP, like the United States, can still have a low GDP per capita. Consequently, if compared to other countries, the United States does not rank among the top ten on this list .

  11. T

    Japan GDP Per Capita PPP Us Dollar

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 4, 2017
    + more versions
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    TRADING ECONOMICS (2017). Japan GDP Per Capita PPP Us Dollar [Dataset]. https://tradingeconomics.com/japan/gdp-per-capita-ppp-us-dollar-wb-data.html
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Jun 4, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Japan
    Description

    Actual value and historical data chart for Japan GDP Per Capita Ppp Us Dollar

  12. J

    Japan Nominal GDP

    • ceicdata.com
    Updated Mar 15, 2019
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    CEICdata.com (2019). Japan Nominal GDP [Dataset]. https://www.ceicdata.com/en/indicator/japan/nominal-gdp
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    Dataset updated
    Mar 15, 2019
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2022 - Sep 1, 2025
    Area covered
    Japan
    Description

    Key information about Japan Nominal GDP

    • Japan Nominal GDP reached 1,077.6 USD bn in Sep 2025, compared with 1,098.7 USD bn in the previous quarter.
    • Nominal GDP in Japan is updated quarterly, available from Mar 1957 to Sep 2025, with an average number of 847.6 USD bn.
    • The data reached an all-time high of 1,617.2 USD bn in Dec 2011 and a record low of 7.0 USD bn in Mar 1957.

    CEIC converts quarterly Nominal GDP into USD. Economic and Social Research Institute provides annualized Nominal GDP in local currency based on SNA 2008 with benchmark year 2015. Federal Reserve Board average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 1994 is based on SNA 1993 with benchmark year 2000 and prior to Q1 1980 is based on SNA 1968.


    Related information about Japan Nominal GDP

    • In the latest reports, Japan GDP expanded 1.1 % YoY in Sep 2025.
    • Its GDP deflator (implicit price deflator) increased 2.8 % in Sep 2025.
    • Japan GDP Per Capita reached 32,434.4 USD in Dec 2024.
    • Its Gross Savings Rate was measured at 30.1 % in Mar 2024.
    • For Nominal GDP contributions, Investment accounted for 25.3 % in Jun 2025.
    • Public Consumption accounted for 19.3 % in Sep 2025.
    • Private Consumption accounted for 54.7 % in Sep 2025.

  13. W

    Japan Real GDP per capita (LCU)

    • knoema.com
    csv, json, sdmx, xls
    Updated Nov 2, 2025
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    Knoema (2025). Japan Real GDP per capita (LCU) [Dataset]. https://knoema.com/atlas/Japan/topics/Economy/National-Accounts-Gross-Domestic-Product/Real-GDP-per-capita-LCU
    Explore at:
    sdmx, csv, xls, jsonAvailable download formats
    Dataset updated
    Nov 2, 2025
    Dataset authored and provided by
    Knoema
    Time period covered
    2013 - 2024
    Area covered
    Japan
    Variables measured
    Gross domestic product per capita in constant LCU prices
    Description

    Real GDP per capita (LCU) of Japan rose by 0.52% from 4,558,990 LCU in 2023 to 4,582,727 LCU in 2024. Since the 3.89% decline in 2020, real GDP per capita (LCU) leapt by 7.22% in 2024. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

  14. T

    Japan GDP Per Capita Current Lcu

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 31, 2017
    + more versions
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    TRADING ECONOMICS (2017). Japan GDP Per Capita Current Lcu [Dataset]. https://tradingeconomics.com/japan/gdp-per-capita-current-lcu-wb-data.html
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    xml, json, csv, excelAvailable download formats
    Dataset updated
    May 31, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Japan
    Description

    Actual value and historical data chart for Japan GDP Per Capita Current Lcu

  15. Gross domestic product (GDP) in current prices in Japan 1980-2030

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Gross domestic product (GDP) in current prices in Japan 1980-2030 [Dataset]. https://www.statista.com/statistics/263578/gross-domestic-product-gdp-of-japan/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Japan
    Description

    The gross domestic product (GDP) in current prices in Japan was 4.02 trillion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 2.89 trillion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 1.1 trillion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

  16. m

    GDP per person employed (constant 2017 PPP $) - Japan

    • macro-rankings.com
    csv, excel
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    macro-rankings, GDP per person employed (constant 2017 PPP $) - Japan [Dataset]. https://www.macro-rankings.com/japan/gdp-per-person-employed-(constant-2017-ppp-$)
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    excel, csvAvailable download formats
    Dataset authored and provided by
    macro-rankings
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Japan
    Description

    Time series data for the statistic GDP per person employed (constant 2017 PPP $) and country Japan. Indicator Definition:GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2017 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.The indicator "GDP per person employed (constant 2017 PPP $)" stands at 84.54 Thousand usd as of 12/31/2024. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.2213 percent compared to the value the year prior.The 1 year change in percent is -0.2213.The 3 year change in percent is 1.19.The 5 year change in percent is 0.2797.The 10 year change in percent is -1.20.The Serie's long term average value is 80.21 Thousand usd. It's latest available value, on 12/31/2024, is 5.39 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1993, to it's latest available value, on 12/31/2024, is +21.15%.The Serie's change in percent from it's maximum value, on 12/31/2017, to it's latest available value, on 12/31/2024, is -2.50%.

  17. T

    Japan GDP Per Capita Constant 2000 Us Dollar

    • tradingeconomics.com
    csv, excel, json, xml
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    TRADING ECONOMICS, Japan GDP Per Capita Constant 2000 Us Dollar [Dataset]. https://tradingeconomics.com/japan/gdp-per-capita-constant-2000-us-dollar-wb-data.html
    Explore at:
    csv, excel, json, xmlAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Japan
    Description

    Actual value and historical data chart for Japan GDP Per Capita Constant 2000 Us Dollar

  18. Gross domestic product (GDP) per capita in China 1985-2030

    • statista.com
    Updated Oct 16, 2025
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    Statista (2025). Gross domestic product (GDP) per capita in China 1985-2030 [Dataset]. https://www.statista.com/statistics/263775/gross-domestic-product-gdp-per-capita-in-china/
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    Dataset updated
    Oct 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    The graph shows per capita gross domestic product (GDP) in China until 2024, with forecasts until 2030. In 2024, per capita GDP reached around 13,300 U.S. dollars in China. That year, the overall GDP of China had amounted to 18.7 trillion U.S. dollars. Per capita GDP in China Gross domestic product is a commonly-used economic indicator for measuring the state of a country's economy. GDP is the total market value of goods and services produced in a country within a given period of time, usually a year. Per capita GDP is defined as the GDP divided by the total number of people in the country. This indicator is generally used to compare the economic prosperity of countries with varying population sizes.In 2010, China overtook Japan and became the world’s second-largest economy. As of 2024, it was the largest exporter and the second largest importer in the world. However, one reason behind its economic strength lies within its population size. China has to distribute its wealth among 1.4 billion people. By 2023, China's per capita GDP was only about one fourth as large as that of main industrialized countries. When compared to other emerging markets, China ranked second among BRIC countries in terms of GDP per capita. Future development According to projections by the IMF, per capita GDP in China will escalate from around 13,300 U.S. dollars in 2024 to 18,600 U.S. dollars in 2030. Major reasons for this are comparatively high economic growth rates combined with negative population growth. China's economic structure is also undergoing changes. A major trend lies in the shift from an industry-based to a service-based economy.

  19. G

    GDP per capita, current dollars in G10 | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Feb 24, 2024
    + more versions
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    Globalen LLC (2024). GDP per capita, current dollars in G10 | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/GDP_per_capita_current_dollars/G10/
    Explore at:
    excel, xml, csvAvailable download formats
    Dataset updated
    Feb 24, 2024
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    World
    Description

    The average for 2024 based on 11 countries was 59358.95 U.S. dollars. The highest value was in Switzerland: 103669.88 U.S. dollars and the lowest value was in Japan: 32475.89 U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

  20. G

    GDP per capita, PPP in G7 | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jan 30, 2021
    + more versions
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    Globalen LLC (2021). GDP per capita, PPP in G7 | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gdp_per_capita_ppp/G7/
    Explore at:
    csv, xml, excelAvailable download formats
    Dataset updated
    Jan 30, 2021
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1990 - Dec 31, 2024
    Area covered
    World
    Description

    The average for 2024 based on 7 countries was 57316 U.S. dollars. The highest value was in the USA: 75492 U.S. dollars and the lowest value was in Japan: 46097 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

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Statista (2025). Gross domestic product (GDP) per capita in Japan 1987-2030 [Dataset]. https://www.statista.com/statistics/263596/gross-domestic-product-gdp-per-capita-in-japan/
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Gross domestic product (GDP) per capita in Japan 1987-2030

Explore at:
Dataset updated
Oct 16, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
Japan
Description

The statistic shows the gross domestic product (GDP) per capita in Japan from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in Japan was around 32,443 U.S. dollars. For further information, see Japan's GDP. Japan's economy Japan is the world’s second largest developed economy and a member of the Group of Eight, also known as G8, which is comprised of the eight leading industrialized countries. Due to a weak financial sector, overregulation and a lack of demand, Japan suffered substantially from the early 1990s until 2000, a time referred to as ‘’The Lost Decade’’. Japan’s economy is still slowly recovering from the country’s asset price bubble collapse; however it continues to struggle to retain economic milestones achieved in the 1980s. Japan’s response to the crash was to stimulate the economy, which in turn resulted in extensive amounts of debt that further increased into the 21st century, most notably after the 2008 financial crisis. Despite maintaining a surprisingly low unemployment rate, demand within the country remains inadequate, primarily because Japanese residents spend a rather small fraction of the money they earned from the workplace. Lower demand often has a direct effect on production, with companies seeing not enough profits to continue production at such a high rate. Based on the consumer confidence index, Japanese households found that their quality of life, income growth, employment and propensity to durable goods was below satisfactory standards, perhaps due to these households still experiencing the effects of the 1990s bubble crash.

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