Japan | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 124.23 126 127 122 113 94.14 [+]
Government Bond 10Y 0.40 0.45 0.55 1.5 2 2.4 [+]
Stock Market 20551.46 20576 18780 20912 22883 28592 [+]
GDP Actual Q2/15 Q3/15 2020 2030 2050
GDP 4901.00 4333 4553 5938 6997 7235 [+]
GDP Growth Rate 0.60 1.1 0.49 0.49 0.4 0.36 [+]
GDP Growth Annualized 2.40 1.82 0.78 3.26 3.01 2.25 [+]
GDP Annual Growth Rate -1.40 0.2 0.5 2.08 2.31 2.55 [+]
GDP Constant Prices 527283.00 535877 524839 585808 625808 725808 [+]
Gross National Product 532066.10 530120 531711 563911 603945 643945 [+]
GDP per capita 37432.91 37991 38036 38543 39247 40247 [+]
Gross Fixed Capital Formation 107084.60 105391 104690 116473 122473 128473 [+]
GDP per capita PPP 35481.11 36224 36335 37613 38176 38254 [+]
Labour Actual Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 3.30 3.5 3.44 3.31 3.31 3.31 [+]
Employed Persons 63420.00 63578 63560 63700 65819 66841 [+]
Unemployed Persons 2340.00 2300 2304 2295 2294 2294 [+]
Job Vacancies 799.43 801 778 850 850 850 [+]
Youth Unemployment Rate 6.30 6.47 6.47 6.51 6.51 6.51 [+]
Productivity 96.50 97.08 102 98.71 98.73 98.73 [+]
Labor Force Participation Rate 59.40 59.49 59.6 60.28 61.28 63.28 [+]
Wages 307.36 541 297 731 743 783 [+]
Wages in Manufacturing 335.40 576 332 831 851 881 [+]
Population 127.02 127 127 125 123 121 [+]
Retirement Age Women 61.00 61 61 61 65 67 [+]
Retirement Age Men 61.00 61 61 61 65 67 [+]
Long Term Unemployment Rate 3.60 [+]
Minimum Wages 780.00 787 790 858 927 962 [+]
Wage Growth 0.00 0.78 0.83 1.24 1.27 1.27 [+]
Prices Actual Q2/15 Q3/15 2020 2030 2050
Inflation Rate 0.60 0.5 0.6 3 4 2 [+]
Inflation Rate Mom 0.40 0.05 0.05 1.58 1.6 0.72 [+]
Consumer Price Index CPI 103.70 104 104 110 120 133 [+]
Core Inflation Rate 0.30 0.33 0.55 1.02 3.84 2.74 [+]
Core Consumer Prices 103.30 103 103 107 110 103 [+]
GDP Deflator 92.70 93.25 91.42 97.16 105 112 [+]
Producer Prices 103.60 104 104 105 113 118 [+]
Export Prices 112.50 112 113 113 113 113 [+]
Import Prices 114.80 113 115 115 115 115 [+]
Food Inflation 2.70 2 2.1 2.8 3 2.87 [+]
Money Actual Q2/15 Q3/15 2020 2030 2050
Interest Rate 0.00 0 0 0.25 1 1.25 [+]
Interbank Rate 0.09 0.11 0.15 0.5 1.25 1.5 [+]
Money Supply M0 85398.20 84969 85160 85194 85194 85194 [+]
Money Supply M1 617748.00 616140 620676 622027 622027 622027 [+]
Money Supply M2 904198.10 904711 913804 1053776 1249715 1465548 [+]
Money Supply M3 1214893.60 1220313 1226085 1280775 1289365 1289569 [+]
Central Bank Balance Sheet 332818.60 335910 340803 250942 240802 230991 [+]
Foreign Exchange Reserves 1250100.00 1241553 1237544 1232109 1234950 1234997 [+]
Loans to Private Sector 425292.10 426803 427089 448544 468544 48544 [+]
Foreign Stock Investment 561.20 78.31 67.5 5091 69.21 144 [+]
Foreign Bond Investment 911.80 147 112 112 112 112 [+]
Loan Growth 2.60 2.54 2.59 2.13 3.14 3.71 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade -53.44 -83.85 -734 -222 -139 39.23 [+]
Exports 6551.46 6432 6205 7027 7004 6860 [+]
Imports 6604.91 6516 6939 8049 8343 8443 [+]
Current Account 2795.30 1427 925 1632 408 1340 [+]
Current Account to GDP 0.70 0.67 0.72 0.21 0.21 0.21 [+]
External Debt 329336.00 346577 354797 361170 361770 361770 [+]
Terms of Trade 98.00 100 100 97.74 96.96 97.01 [+]
Foreign Direct Investment 6315.00 10111 10320 10351 10351 10351 [+]
Capital Flows 47371.00 14355 10972 31096 31096 31096 [+]
Tourist Arrivals 1764700.00 1314955 1328061 1624794 1520208 1620263 [+]
Gold Reserves 765.22 765 765 765 765 765 [+]
Crude Oil Production 4.00 5.36 5.54 6.65 6.75 6.75 [+]
Government Actual Q2/15 Q3/15 2020 2030 2050
Government Budget -7.60 -3.34 -4.2 -6 -4 -3.51 [+]
Government Debt to GDP 227.20 237 238 252 235 205 [+]
Government Budget Value -74694.00 -61643 -104751 -78590 -78584 -78584 [+]
Government Spending 102882.30 103008 103062 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 13.56 [+]
Manufacturing PMI 50.90 50.4 50.63 50.73 50.73 50.73 [+]
Industrial Production -0.10 -1.62 -0.92 0.43 0.43 0.43 [+]
Industrial Production Mom 1.00 1.01 1.63 0.63 0.63 0.63 [+]
Manufacturing Production -0.10 -3.64 -4.05 0 0.24 0.49 [+]
Capacity Utilization 99.80 101 102 100 109 112 [+]
Leading Economic Index 106.00 106 106 110 106 111 [+]
New Orders 1177.07 1087 1125 1102 1102 1102 [+]
Machinery Orders 2.90 2.47 1.85 1.26 1.26 1.26 [+]
Changes in Inventories -3113.10 -1926 -2136 -2320 -2230 -2504 [+]
Bankruptcies 748.00 792 864 746 745 745 [+]
Corporate Profits 18065.09 20240 16865 15860 19860 24860 [+]
Coincident Index 109.20 110 110 111 111 111 [+]
Economy Watchers Survey 53.60 48.58 47.52 48.46 48.45 48.45 [+]
Car Registrations 170240.00 242536 276136 218396 230750 197679 [+]
Mining Production 4.28 -3.05 -2.54 -1.64 -1.64 -1.64 [+]
Services Pmi 51.30 50.22 50.92 50.89 50.89 50.89 [+]
Small Business Sentiment 1.00 0.5 -0.78 -12.07 -12.01 -12.01 [+]
Consumer Actual Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 41.50 39.22 39.56 43.9 46 48.71 [+]
Retail Sales MoM 0.40 0.16 -0.1 0.79 1.29 0.72 [+]
Retail Sales YoY 5.00 0.6 0.52 3.27 3.51 3.66 [+]
Household Spending -1.30 1.93 1.44 1.45 1.2 2.38 [+]
Consumer Spending 308919.40 306090 305857 325980 335979 340979 [+]
Disposable Personal Income 364.61 628 377 858 901 926 [+]
Personal Savings 0.00 40.05 7.12 46 46 46 [+]
Bank Lending Rate 1.15 1.15 1.18 1.27 2.07 2.37 [+]
Consumer Credit 224827.00 226606 227505 249190 329362 359363 [+]
Gasoline Prices 1.17 1.18 1.18 1.24 1.26 1.26 [+]
Housing Actual Q2/15 Q3/15 2020 2030 2050
Housing Index 103.77 102 106 108 108 108 [+]
Housing Starts 0.40 6.66 5.41 10 11.36 -4.62 [+]
Construction Orders -12.10 6.3 4.71 -1.99 -1.99 -1.99 [+]
Taxes Actual Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 33.06 33.11 33.11 32.33 32 28.87 [+]
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 29.25 29.43 29.41 30.03 30.03 30.03 [+]
Social Security Rate For Companies 15.02 15.2 15.2 15.7 15.7 15.7 [+]
Social Security Rate For Employees 14.22 14.2 14.16 14.3 14.3 14.3 [+]