Japan | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 119.99 121 123 130 117 105 [+]
Government Bond 10Y 0.37 0.4 0.45 1.5 2 2.4 [+]
Stock Market 19411.40 19682 20576 20912 22883 28592 [+]
GDP Actual Q2/15 Q3/15 2020 2030 2050
GDP 4901.00 4200 4333 5938 6997 7235 [+]
GDP Growth Rate 0.40 -0.49 1.1 0.49 0.4 0.36 [+]
GDP Growth Annualized 1.50 -1.79 1.82 3.26 3.01 2.25 [+]
GDP Annual Growth Rate -0.80 -1 0.2 2.08 2.31 2.55 [+]
GDP Constant Prices 524603.00 523942 535877 585808 625808 725808 [+]
Gross National Product 527556.60 522747 521987 563911 603945 643945 [+]
GDP per capita 37432.91 37936 37991 38243 38247 38247 [+]
Gross Fixed Capital Formation 120.27 106501 106515 116473 122473 128473 [+]
GDP per capita PPP 35481.11 36000 36107 37613 38176 38254 [+]
Labour Actual Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 3.50 3.5 3.44 3.43 3.43 3.43 [+]
Employed Persons 63740.00 63745 63819 64580 65819 66841 [+]
Unemployed Persons 2350.00 2323 2317 2291 2290 2290 [+]
Job Vacancies 841.11 847 858 872 867 841 [+]
Youth Unemployment Rate 6.40 6.01 6.03 5.99 5.99 5.99 [+]
Productivity 101.00 108 96.14 98.05 98.08 98.08 [+]
Labor Force Participation Rate 59.10 59.15 59.49 60.28 61.28 63.28 [+]
Wages 303.19 291 513 723 743 783 [+]
Wages in Manufacturing 341.82 339 542 831 851 881 [+]
Population 127.02 127 127 126 125 125 [+]
Retirement Age Women 61.00 62 62 63 63 63 [+]
Retirement Age Men 61.00 62 62 63 63 63 [+]
Long Term Unemployment Rate 3.60 [+]
Minimum Wages 780.00 783 787 858 927 962 [+]
Wage Growth 1.33 1.17 1.24 1.32 1.33 1.33 [+]
Prices Actual Q2/15 Q3/15 2020 2030 2050
Inflation Rate 2.20 2.5 0.48 3 4 2.8 [+]
Inflation Rate Mom -0.20 0.1 0.05 1.58 1.6 0.72 [+]
Consumer Price Index CPI 102.90 103 103 110 120 133 [+]
Core Inflation Rate 2.00 2.3 0.33 2.85 3.84 2.74 [+]
Core Consumer Prices 102.50 103 102 107 110 102 [+]
GDP Deflator 94.90 90.98 93.25 97.16 105 112 [+]
Producer Prices 103.30 103 103 103 103 103 [+]
Export Prices 112.20 112 111 112 112 112 [+]
Import Prices 115.10 112 112 114 114 114 [+]
Food Inflation 4.10 3.2 2 2.8 3 2.87 [+]
Money Actual Q2/15 Q3/15 2020 2030 2050
Interest Rate 0.00 0.05 0 0.25 1 1.25 [+]
Interbank Rate 0.10 0.08 0.05 0.5 1.25 1.5 [+]
Money Supply M0 84692.60 84789 84653 84845 84845 84845 [+]
Money Supply M1 601862.70 605870 606683 607932 607932 607932 [+]
Money Supply M2 891245.70 894948 903098 1039641 1217563 1407862 [+]
Money Supply M3 1209783.40 1212664 1221340 1290547 1301833 1302171 [+]
Central Bank Balance Sheet 320441.80 320904 326713 250942 240802 230991 [+]
Foreign Exchange Reserves 1251112.00 1253494 1242406 1241432 1243878 1243910 [+]
Loans to Private Sector 422797.80 423508 425351 448544 468544 48544 [+]
Foreign Stock Investment -352.80 78.31 67.5 241 240 240 [+]
Foreign Bond Investment 765.50 147 112 112 112 112 [+]
Loan Growth 2.50 2.54 2.54 2.07 3.14 3.71 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade -425.00 -280 -224 -1222 -1539 -1639 [+]
Exports 5941.06 6962 6769 6827 6804 6804 [+]
Imports 6356.66 7242 6993 8049 8343 8443 [+]
Current Account 61.00 1427 925 766 761 761 [+]
Current Account to GDP 0.70 0.44 0.4 0.21 0.21 0.21 [+]
External Debt 329336.00 341375 348528 360952 361591 361592 [+]
Terms of Trade 97.50 93.45 95.17 93.62 92.93 92.95 [+]
Foreign Direct Investment 14226.00 8618 8527 8384 8384 8384 [+]
Capital Flows -3721.00 6176 8707 6438 6438 6438 [+]
Tourist Arrivals 1387000.00 1296739 1314955 1624794 1520208 1620263 [+]
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 Q2/15 Q3/15 2020 2030 2050
Government Budget -7.60 -3.8 -3.34 -6 -4 -3.51 [+]
Government Debt to GDP 227.20 234 236 252 235 205 [+]
Government Budget Value -74694.00 -95363 -75461 -91067 -91061 -91061 [+]
Government Spending 102816.40 103025 103162 110812 112812 105812 [+]
Credit Rating 81.68 [+]
Business Actual Q2/15 Q3/15 2020 2030 2050
Business Confidence 12.00 14 9.15 27.41 29.12 11.91 [+]
Manufacturing PMI 50.40 50.4 50.63 50.65 50.65 50.65 [+]
Industrial Production -2.60 -1.62 -0.92 0.36 0.36 0.36 [+]
Industrial Production Mom -3.40 1.01 1.63 0.39 0.39 0.39 [+]
Manufacturing Production -2.81 -4.4 -5.49 0.07 0.25 0.51 [+]
Capacity Utilization 105.50 99.94 100 100 109 112 [+]
Leading Economic Index 105.50 106 106 110 106 111 [+]
New Orders 989.00 932 935 923 921 940 [+]
Machinery Orders -1.70 2.47 1.85 1.02 1.02 1.02 [+]
Changes in Inventories -3113.10 -1667 -1926 -2320 -2230 -2504 [+]
Bankruptcies 692.00 824 704 750 749 749 [+]
Corporate Profits 18065.09 19085 20240 15860 19860 24860 [+]
Coincident Index 113.30 110 110 111 111 111 [+]
Economy Watchers Survey 50.10 48.58 47.52 45.22 45.22 45.22 [+]
Car Registrations 249565.00 410358 242596 218396 230750 218298 [+]
Mining Production 46.58 10.02 6.76 -1.22 -1.22 -1.22 [+]
Services Pmi 48.50 50.22 50.92 50.94 50.94 50.94 [+]
Small Business Sentiment 1.00 1.67 [+]
Consumer Actual Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 40.70 39.22 39.56 43.9 46 48.71 [+]
Retail Sales MoM -1.30 0.16 -0.1 0.79 1.29 0.73 [+]
Retail Sales YoY -1.80 -5 0.6 3.27 3.51 3.66 [+]
Household Spending -2.90 -4.74 1.93 1.45 1.2 2.38 [+]
Consumer Spending 308258.00 305685 306090 325980 335979 340979 [+]
Disposable Personal Income 406.80 341 632 858 901 926 [+]
Personal Savings 21.10 2.59 38.13 44.36 44.36 44.36 [+]
Bank Lending Rate 1.15 1.07 1.12 1.27 2.07 2.37 [+]
Consumer Credit 224827.00 224895 225376 249190 329362 359363 [+]
Gasoline Prices 1.17 1.13 1.1 1.22 1.25 1.25 [+]
Housing Actual Q2/15 Q3/15 2020 2030 2050
Housing Index 102.49 92.33 88.87 90.71 90.75 90.74 [+]
Housing Starts -3.10 4 6.66 10 11.36 -17.68 [+]
Construction Orders 1.00 6.3 4.71 6.08 6.08 6.08 [+]
Taxes Actual Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 33.11 34.11 34.11 32.33 32 32.21 [+]
Personal Income Tax Rate 50.84 50.84 50.84 50.84 50.84 50.84 [+]
Sales Tax Rate 8.00 8 8 10 12 14 [+]
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 [+]