In a survey conducted in 2019, 42.4 percent of respondents in Japan considered themselves lower middle class. The share of respondents identifying themselves as lower middle class has decreased by 14 percent since 1990.
In 2024, the highest salary-earning households in Tokyo Prefecture made close to *********** Japanese yen on average per month. By comparison, the gross income of the lowest-paid households in the prefecture amounted to around ******* yen a month.
A breakdown of annual household incomes in Japan showed that around ***** percent of households earned less than *** million Japanese yen per year as of 2024. That year, the average annual household income of Japanese households was approximately *** million yen compared to a median household income of *** million yen.
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Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Middle East & North Africa data was reported at 0.884 % in 2016. This records a decrease from the previous number of 0.910 % for 2015. Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Middle East & North Africa data is updated yearly, averaging 2.345 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 9.964 % in 1975 and a record low of 0.884 % in 2016. Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Middle East & North Africa data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank: Imports. Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
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Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: South Asia data was reported at 1.056 % in 2016. This records an increase from the previous number of 1.004 % for 2015. Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: South Asia data is updated yearly, averaging 1.210 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 3.449 % in 1960 and a record low of 0.693 % in 2004. Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: South Asia data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank.WDI: Imports. Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
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Japan JP: Income Share Held by Highest 20% data was reported at 39.700 % in 2008. Japan JP: Income Share Held by Highest 20% data is updated yearly, averaging 39.700 % from Dec 2008 (Median) to 2008, with 1 observations. Japan JP: Income Share Held by Highest 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.
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Market Size and Growth: The Japan Wealth Management Industry has a significant market size of 4.49 million and is projected to grow at a steady CAGR of 4.12% during the forecast period (2025-2033). The growth is attributed to factors such as rising affluence, increasing demand for personalized wealth management solutions, and a favorable regulatory environment that encourages long-term savings. Market Dynamics: Key drivers of the industry include the growing middle class and the aging population, which are leading to an increase in the number of high-net-worth individuals and a need for tailored wealth management services. Other factors contributing to growth are the rise of robo-advisors and fintech solutions, making wealth management more accessible and affordable. However, challenges such as low interest rates and competition from traditional banks may restrain market expansion. The industry is segmented by client type (retail, pension funds, insurance companies, banks, others), type of mandate (investment funds, discretionary mandates), asset class (equity, fixed income, cash/money market, other asset classes), and region (Japan). Major players in the market include Nomura Asset Management, Nikko Asset Management, and Daiwa Asset Management, among others. Recent developments include: July 2023: Nikko Asset Management and Osmosis (Holdings) Limited announced a non-binding agreement for a strategic partnership. Under this agreement, Nikko AM aims to acquire a minority stake in Osmosis and obtain distribution rights for Osmosis' investment products and strategies.March 2022: Allianz Real Estate, a global real estate investment manager, finalized an agreement to purchase a portfolio of high-quality multi-family residential properties in Tokyo for around USD 90 million. This acquisition was made on behalf of the Allianz Real Estate Asia-Pacific Japan Multi-Family Fund.March 2022: KKR & Co. announced its acquisition of Japanese real estate asset manager Mitsubishi Corp.-UBS Realty Inc. (MC-UBSR) for JPY 230 billion (USD 1.94 billion). This move was expected to strengthen the US private equity firm's footprint in Japan. The acquisition involved KKR purchasing MC-UBSR from Mitsubishi Corp. (8058.T) and UBS Asset Management.. Key drivers for this market are: Aging Population Led to a Growing Demand for Retirement Planning and Wealth Management Services, Growing Demand for Investment Products and Services. Potential restraints include: Aging Population Led to a Growing Demand for Retirement Planning and Wealth Management Services, Growing Demand for Investment Products and Services. Notable trends are: ESG Integration Reshaping Japan's Asset Management Landscape.
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Japan JP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 3.660 % in 2016. This records a decrease from the previous number of 3.851 % for 2015. Japan JP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 4.443 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 8.427 % in 1974 and a record low of 2.768 % in 1989. Japan JP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
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Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in Japan was reported at 2.9977 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Merchandise imports from developing economies in Latin America & the Caribbean (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Japan JP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Europe & Central Asia data was reported at 1.540 % in 2016. This records an increase from the previous number of 1.399 % for 2015. Japan JP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Europe & Central Asia data is updated yearly, averaging 0.512 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 2.952 % in 2008 and a record low of 0.176 % in 1960. Japan JP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Europe & Central Asia data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank: Exports. Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
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Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in Japan was reported at 0.16948 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Merchandise imports from developing economies in Middle East & North Africa (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Japan JP: Income Share Held by Highest 10% data was reported at 24.700 % in 2008. Japan JP: Income Share Held by Highest 10% data is updated yearly, averaging 24.700 % from Dec 2008 (Median) to 2008, with 1 observations. Japan JP: Income Share Held by Highest 10% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.
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Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in Japan was reported at 1.2063 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Merchandise exports to developing economies in Sub-Saharan Africa (% of total merchandise exports) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: East Asia & Pacific data was reported at 39.860 % in 2016. This records an increase from the previous number of 38.761 % for 2015. Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: East Asia & Pacific data is updated yearly, averaging 17.851 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 39.860 % in 2016 and a record low of 6.808 % in 1961. Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: East Asia & Pacific data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank: Imports. Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
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Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in Japan was reported at 8.383 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Merchandise exports to developing economies outside region (% of total merchandise exports) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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United Arab Emirates's Latin America and the Caribbean: Share of merchandise exports to low- and middle-income countries is 0.55% which is the 114th highest in the world ranking. Transition graphs on Latin America and the Caribbean: Share of merchandise exports to low- and middle-income countries in United Arab Emirates and comparison bar charts (USA vs. China vs. Japan vs. United Arab Emirates), (Hungary vs. Honduras vs. United Arab Emirates) are used for easy understanding. Various data can be downloaded and output in csv format for use in EXCEL free of charge.
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Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Outside Region data was reported at 47.985 % in 2016. This records an increase from the previous number of 47.801 % for 2015. Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Outside Region data is updated yearly, averaging 31.641 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 47.985 % in 2016 and a record low of 22.387 % in 1961. Japan JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Outside Region data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank.WDI: Imports. Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
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Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in Japan was reported at 36.59 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Merchandise imports from developing economies in East Asia & Pacific (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Sub-Saharan Africa data was reported at 1.053 % in 2016. This records a decrease from the previous number of 1.547 % for 2015. JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Sub-Saharan Africa data is updated yearly, averaging 2.134 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 6.154 % in 1969 and a record low of 1.053 % in 2016. JP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Sub-Saharan Africa data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank.WDI: Imports. Merchandise imports from low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Sub-Saharan Africa region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
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Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in Japan was reported at 3.2089 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Merchandise exports to developing economies in Latin America & the Caribbean (% of total merchandise exports) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
In a survey conducted in 2019, 42.4 percent of respondents in Japan considered themselves lower middle class. The share of respondents identifying themselves as lower middle class has decreased by 14 percent since 1990.