Japan | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 119.66 119 118 116 108 100 [+]
Government Bond 10Y 0.31 0.45 0.55 1.5 2 2.4 [+]
Stock Market 20187.65 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 0.40 1.1 1.1 0.49 0.4 0.36 [+]
GDP Growth Annualized 1.50 1.82 0.78 3.26 3.01 2.25 [+]
GDP Annual Growth Rate -0.80 0.2 0.5 2.08 2.31 2.55 [+]
GDP Constant Prices 524603.00 535877 524839 585808 625808 725808 [+]
Gross National Product 527556.60 521987 521524 563911 603945 643945 [+]
GDP per capita 37432.91 37991 38036 38243 38247 38247 [+]
Gross Fixed Capital Formation 107115.00 104891 104010 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 3.50 3.5 3.44 3.44 3.44 3.44 [+]
Employed Persons 63760.00 63886 63957 64784 65819 66841 [+]
Unemployed Persons 2300.00 2279 2267 2227 2227 2227 [+]
Job Vacancies 841.11 856 849 1138 1095 1266 [+]
Youth Unemployment Rate 6.30 6.47 6.47 6.51 6.51 6.51 [+]
Productivity 104.10 97.1 102 98.82 98.83 98.83 [+]
Labor Force Participation Rate 59.10 59.49 59.6 60.28 61.28 63.28 [+]
Wages 288.59 542 297 724 743 783 [+]
Wages in Manufacturing 320.38 576 332 831 851 881 [+]
Population 127.02 127 127 125 123 121 [+]
Retirement Age Women 61.00 63 63 63 63 63 [+]
Retirement Age Men 61.00 63 63 63 63 63 [+]
Long Term Unemployment Rate 3.60 [+]
Minimum Wages 780.00 787 790 858 927 962 [+]
Wage Growth 0.50 0.78 0.83 1.28 1.3 1.3 [+]
Prices Actual Q2/15 Q3/15 2020 2030 2050
Inflation Rate 2.20 0.5 0.6 3 4 2.43 [+]
Inflation Rate Mom -0.20 0.05 0.05 1.58 1.6 0.71 [+]
Consumer Price Index CPI 102.90 103 104 110 120 133 [+]
Core Inflation Rate 2.00 0.33 0.55 2.45 3.84 2.74 [+]
Core Consumer Prices 102.50 102 102 107 110 102 [+]
GDP Deflator 94.90 93.25 91.42 97.16 105 112 [+]
Producer Prices 103.50 104 104 105 113 118 [+]
Export Prices 113.00 113 113 113 113 113 [+]
Import Prices 117.10 120 122 121 121 121 [+]
Food Inflation 4.10 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 0.1 0.14 0.5 1.25 1.5 [+]
Money Supply M0 85239.40 84922 85067 85129 85129 85129 [+]
Money Supply M1 608520.80 609734 610810 611510 611510 611510 [+]
Money Supply M2 894719.20 902954 910356 1038879 1215944 1405174 [+]
Money Supply M3 1212586.40 1221063 1227186 1288281 1298973 1299280 [+]
Central Bank Balance Sheet 322567.60 329066 331696 250942 240802 230991 [+]
Foreign Exchange Reserves 1245316.00 1235175 1228649 1237019 1240075 1240114 [+]
Loans to Private Sector 424869.00 427831 428211 448544 468544 48544 [+]
Foreign Stock Investment 595.20 78.31 67.5 346 346 346 [+]
Foreign Bond Investment 432.00 147 112 112 112 112 [+]
Loan Growth 2.60 2.54 2.66 2.22 3.14 3.71 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade 229.26 515 -120 -222 -139 39.23 [+]
Exports 6927.38 6520 6316 7027 7004 106442 [+]
Imports 6698.12 6005 6435 8049 8343 8443 [+]
Current Account 1440.10 1427 925 398 392 392 [+]
Current Account to GDP 0.70 0.67 0.72 0.21 0.21 0.21 [+]
External Debt 329336.00 348528 356898 360952 361591 361592 [+]
Terms of Trade 96.50 95.03 94.5 95.47 94.51 94.55 [+]
Foreign Direct Investment 12893.00 10426 10651 10621 10621 10621 [+]
Capital Flows 23334.00 8728 10972 13140 13140 13140 [+]
Tourist Arrivals 1387000.00 1314955 1328061 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 -3.34 -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 102816.40 103162 103249 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 49.70 50.4 50.63 50.27 50.27 50.27 [+]
Industrial Production -2.00 -1.62 -0.92 0.38 0.38 0.38 [+]
Industrial Production Mom -3.10 1.01 1.63 0.48 0.48 0.48 [+]
Manufacturing Production -2.05 -5.77 -5.83 0.04 0.21 0.45 [+]
Capacity Utilization 101.00 103 104 100 109 112 [+]
Leading Economic Index 104.80 105 105 110 105 111 [+]
New Orders 1022.07 1020 1007 973 973 973 [+]
Machinery Orders -0.40 2.47 1.85 2.79 2.79 2.79 [+]
Changes in Inventories -3113.10 -1926 -2136 -2320 -2230 -2504 [+]
Bankruptcies 859.00 820 913 770 767 742 [+]
Corporate Profits 18065.09 20240 16865 15860 19860 24860 [+]
Coincident Index 110.70 110 110 111 111 111 [+]
Economy Watchers Survey 52.20 48.58 47.52 45.63 45.62 45.62 [+]
Car Registrations 356412.00 241159 273717 218396 230750 198845 [+]
Mining Production -5.40 -3.05 -2.54 -1.64 -1.64 -1.64 [+]
Services Pmi 48.40 50.22 50.92 50.8 50.8 50.8 [+]
Small Business Sentiment 1.00 0.59 -0.65 -12.09 -12.02 -12.02 [+]
Consumer Actual Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 41.70 39.22 39.56 43.9 46 48.71 [+]
Retail Sales MoM 0.68 0.16 -0.1 0.79 1.29 0.75 [+]
Retail Sales YoY -1.70 0.6 0.52 3.27 3.51 3.66 [+]
Household Spending -2.90 1.93 1.44 1.45 1.2 2.38 [+]
Consumer Spending 308258.00 306090 305857 325980 335979 340979 [+]
Disposable Personal Income 406.80 632 348 858 901 926 [+]
Personal Savings 21.10 41.93 9.05 47.64 47.64 47.64 [+]
Bank Lending Rate 1.15 1.15 1.18 1.27 2.07 2.37 [+]
Consumer Credit 224827.00 227034 227862 249190 329362 359363 [+]
Gasoline Prices 1.17 1.17 1.17 1.23 1.25 1.25 [+]
Housing Actual Q2/15 Q3/15 2020 2030 2050
Housing Index 102.49 98.23 101 99.48 99.52 99.52 [+]
Housing Starts -3.10 6.66 5.41 10 11.36 -14.99 [+]
Construction Orders 1.00 6.3 4.71 4.38 4.38 4.38 [+]
Taxes Actual Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 33.11 33.11 33.11 32.33 32 29.88 [+]
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 26.46 26.2 28.73 28.73 28.73 [+]
Social Security Rate For Companies 14.42 13.06 12.88 14.6 14.6 14.6 [+]
Social Security Rate For Employees 13.94 13.26 13.18 14.13 14.13 14.13 [+]