Gross Domestic Product of Japan fell -2% in 1998 compared to last year. This rate is 36 -tenths of one percent less than the previous year, when changed 1.6%.
The GDP figure in 1998 was €3,499,917$4,098,362 million, Japan is the world's leading economy with regard to GDP, as can be seen in the ranking of GDP of the 41 countries that we publish. The absolute value of GDP in Japan dropped €316,918$394,087 million with respect to 1997.
The GDP per capita of Japan in 1998 was €27,700$32,437, €2,600$3,214 less than in 1997, when it was €30,300$35,651. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 1988 when the GDP per capita in Japan was €20,500$25,575.
If we order the countries according to their GDP per capita, Japan is very well positioned in terms of the standard of living of its population, coming 8th out of the 41 countries whose GDP we publish.
Here we show you the progression of the GDP in Japan. You can see GDP in other countries in GDP and see all the economic information about Japan in Japan's economy.