ECONOMIC INFORMATION

 

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Population: 127.2m

Population growth: 0.05%

Population density (people per sq. km): 349

UN Human Development Index ranking: 9/177

Gross national income (current US$): $4389.8bn (2003)

Gross national income per capita: $34,510

PPP Gross national income: $3,641.4bn

PPP Gross national income per capita: $28,620

GDP growth: 2.7% (2003)

GDP breakdown Agriculture: 1.4%, Industry: 30.6%, Services: 68.1%

Inflation (12-month average): -2.5 (2003)

Gross capital formation as % of GDP: 25.6%

Final consumption expenditure as % of GDP (growth): 73.8% (1.9%)

Exports of goods & services as % of GDP: 11.2%

Top 3 export markets: US, China, South Korea

Local industries: Motor vehicles, electronic equipment, machine tools,

steel & nonferrous metals, ships, chemicals, textiles, processed foods

WEF Growth Competitiveness ranking * : 9/104

WEF Business Competitiveness ranking **: 8/103

WEF Quality of the Business Environment ranking: 11/103

Transparency International Corruption Perceptions ranking: 24/145

Languages : Japanese (official)

 

 

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FDI INFORMATION

 

Region: Japan

No. of projects (Jan-Sep 2004): 249

Market-share of projects in the region: 100.0%

Value of projects relative to GDP: 0.6%

Top 3 destination sectors: IT & software, textiles, consumer products

Top 3 business functions: Sales marketing & support, retail, business services

Top 3 source countries: US, UK, France

Top 3 investors: SanDisk, Vodafone, Royal Dutch Shell

 

 

IPA

 

Name: Invest Japan

Web address: www.investjapan.org

* World Economic Forum Growth Competitiveness Ranking assesses an economy’s ability to grow consistently

** World Economic Forum Business Competitiveness Ranking assesses the microeconomic factors that contribute to economic growth

*** The difficulty of hiring workers and the difficulty and expense of firing workers is reflected as an index where the higher the value the more rigid the regulations