Japan | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 118.43 121 123 130 117 105 [+]
Government Bond 10Y 0.22 0.2 0.6 1.5 2 0.2 [+]
Stock Market 17468.52 17400 17600 19100 21000 23100 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 4901.00 4396 4342 5783 9062 14975 [+]
GDP Growth Rate -0.50 0.4 1.1 0.49 0.4 -1.14 [+]
GDP Growth Annualized -1.90 -5.13 -4.84 3.26 3.01 -3.84 [+]
GDP Annual Growth Rate -1.20 -1.5 -1.95 2.08 2.31 -0.7 [+]
GDP Constant Prices 523758.40 521689 521710 521729 521729 521729 [+]
Gross National Product 519768.70 518626 517179 518324 518550 518550 [+]
GDP per capita 37432.91 37870 37936 38243 38247 38247 [+]
Gross Fixed Capital Formation 107001.60 105711 105627 105588 105588 105588 [+]
GDP per capita PPP 35481.11 36000 36107 37613 38176 38254 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 3.50 3.41 3.4 3.45 3.45 3.45 [+]
Employed Persons 63450.00 63573 63611 64042 64178 64191 [+]
Unemployed Persons 2290.00 2288 2269 2210 2209 2209 [+]
Job Vacancies 835.94 825 830 827 827 827 [+]
Youth Unemployment Rate 7.20 6.18 6.15 6.19 6.19 6.19 [+]
Productivity 100.10 108 96.72 98.41 98.42 98.42 [+]
Labor Force Participation Rate 59.40 58.64 59.88 58.62 58.62 58.62 [+]
Wages 312.69 320 549 780 780 780 [+]
Wages in Manufacturing 351.11 342 546 813 813 813 [+]
Population 127.22 127 127 126 125 125 [+]
Retirement Age Women 61.00 62 62 63 63 63 [+]
Retirement Age Men 61.00 62 62 63 63 63 [+]
Prices Actual Q1/15 Q2/15 2020 2030 2050
Inflation Rate 2.40 2 1.7 3 4 3.59 [+]
Inflation Rate Mom -0.40 0.08 -0.39 1.58 1.6 0.72 [+]
Consumer Price Index CPI 103.20 104 105 106 110 119 [+]
Core Inflation Rate 2.70 3.61 4.04 8.63 9.5 9.53 [+]
Core Consumer Prices 103.40 104 103 107 110 103 [+]
GDP Deflator 91.40 95.25 94.59 96 96.04 96.04 [+]
Producer Prices 104.80 104 104 104 104 104 [+]
Export Prices 116.90 116 115 115 115 115 [+]
Import Prices 129.60 128 127 128 128 128 [+]
Food Inflation 2.90 5.2 5 2.8 3 0.87 [+]
Money Actual Q1/15 Q2/15 2020 2030 2050
Interest Rate 0.00 0 0.05 0.35 0.9 2 [+]
Interbank Rate 0.10 0.08 0.04 0.34 0.8 1.7 [+]
Money Supply M0 85405.80 84386 84040 84351 84351 84351 [+]
Money Supply M1 603607.40 607230 608613 609954 609954 609954 [+]
Money Supply M2 893856.60 897625 904639 1045449 1230830 1431861 [+]
Money Supply M3 1207703.20 1216959 1226460 1413184 1667672 1962002 [+]
Central Bank Balance Sheet 300211.70 306621 308307 200942 100802 309240 [+]
Foreign Exchange Reserves 1260548.00 1260563 1253657 1185371 1138940 1124896 [+]
Loans to Private Sector 422604.70 424429 426317 428295 428295 428295 [+]
Foreign Stock Investment -577.40 17.38 31.03 190 190 190 [+]
Foreign Bond Investment -397.20 147 112 112 112 112 [+]
Loan Growth 2.60 2.6 2.62 2.16 1.2 -0.74 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade -660.70 -395 -403 -539 -557 -557 [+]
Exports 6896.47 6916 6676 6703 6682 6682 [+]
Imports 7557.18 7311 7079 7242 7240 7240 [+]
Current Account 433.00 1553 1022 816 809 809 [+]
Current Account to GDP 0.70 0.44 0.4 0.21 0.21 0.21 [+]
External Debt 325508.00 341112 347914 353628 353923 353925 [+]
Terms of Trade 90.20 88.97 89.14 88.5 88.25 88.25 [+]
Foreign Direct Investment 14226.00 8618 8527 8384 8384 8384 [+]
Capital Flows 4998.00 16576 16252 13265 13265 13265 [+]
Tourist Arrivals 1236100.00 1309825 1325050 1221940 1216110 1216181 [+]
Gold Reserves 765.22 765 765 765 765 765 [+]
Crude Oil Production 5.00 5.36 5.54 6.65 6.75 6.75 [+]
Government Actual Q1/15 Q2/15 2020 2030 2050
Government Budget -7.60 -9.3 -6.34 -5 -5 -5.51 [+]
Government Debt to GDP 227.20 234 236 252 255 255 [+]
Government Budget Value -93208.00 -95363 -75461 -91067 -91061 -91061 [+]
Government Spending 102499.20 102786 102852 102979 102979 102979 [+]
Credit Rating 81.68 [+]
Business Actual Q1/15 Q2/15 2020 2030 2050
Business Confidence 12.00 13.53 9.15 27.41 29.12 11.91 [+]
Manufacturing PMI 52.10 51.57 50.86 50.72 50.72 50.72 [+]
Industrial Production -3.70 -2.59 -1.07 0.33 0.33 0.33 [+]
Industrial Production Mom -0.50 -0.82 -0.27 0.23 0.48 0.73 [+]
Manufacturing Production 0.78 -1.23 -1.61 0.6 0.16 0.18 [+]
Capacity Utilization 99.80 96.71 95.33 12.9 54.97 100 [+]
Leading Economic Index 103.90 103 103 103 103 103 [+]
New Orders 846.18 869 857 840 840 840 [+]
Machinery Orders 1.30 0.7 -0.03 -1.18 -1.18 -1.18 [+]
Changes in Inventories -1939.50 441 168 -510 -491 -491 [+]
Bankruptcies 686.00 781 656 718 717 717 [+]
Corporate Profits 13965.10 15085 15240 14860 14860 14860 [+]
Coincident Index 109.20 108 107 109 109 109 [+]
Economy Watchers Survey 45.20 44.72 43.15 42.35 42.37 42.37 [+]
Car Registrations 198408.00 380532 207844 218396 230750 186000 [+]
Mining Production -5.60 -2.3 -2.06 -1.59 -1.59 -1.59 [+]
Services Pmi 51.70 51.16 51.14 51.14 51.14 51.14 [+]
Small Business Sentiment 1.00 1.67 [+]
Consumer Actual Q1/15 Q2/15 2020 2030 2050
Consumer Confidence 38.80 38.48 38.76 43.9 46 38.73 [+]
Retail Sales MoM -0.28 0.24 0.68 0.79 1.29 0.29 [+]
Retail Sales YoY 0.50 -2.4 2.92 3.27 3.51 0.06 [+]
Household Spending -2.50 -5.65 -6.6 0.45 0.45 -5.87 [+]
Consumer Spending 307030.40 306442 306613 306464 306463 306463 [+]
Disposable Personal Income 352.34 365 489 418 417 417 [+]
Personal Savings 9.10 4.8 40.3 46.16 46.16 46.16 [+]
Bank Lending Rate 1.10 1.07 1.08 1.08 1.08 1.08 [+]
Consumer Credit 223497.00 224195 224324 226611 226711 226712 [+]
Housing Actual Q1/15 Q2/15 2020 2030 2050
Housing Index 78364.00 60388 73856 71061 71082 71082 [+]
Housing Starts -14.30 4 6.66 10 11.36 -18.24 [+]
Construction Orders 16.90 -3.11 -4.49 -1.72 -1.72 -1.72 [+]
Taxes Actual Q1/15 Q2/15 2020 2030 2050
Corporate Tax Rate 33.11 35.62 35.62 38 38 32.21 [+]
Personal Income Tax Rate 50.84 50.84 50.84 50.84 50.84 50.84 [+]
Sales Tax Rate 8.00 10 10.95 5 5 18.63 [+]
Social Security Rate 28.36 28.69 28.7 28.73 28.73 28.73 [+]
Social Security Rate For Companies 14.42 14.58 14.58 14.6 14.6 14.6 [+]
Social Security Rate For Employees 13.94 14.11 14.11 14.13 14.13 14.13 [+]