首页 Stocks Forefront 正文

Or witness history! Japan's GDP will fall to fourth place and be overtaken by Germany

海角七号
237 0 0

Japanese economist and emeritus professor Yukio Noguchi at Ichibashi University once said, "Japan's international status is declining. In 2012, Japan's economy ranked among the top G7 countries, but now it has fallen to the bottom. Calculated at purchasing power parity, Japan's per capita GDP is close to the bottom of the G7 and on the brink of graduating from the ranks of developed countries
According to a report by Kyodo News Agency on the 23rd, the International Monetary Fund (IMF) recently predicted that Japan's nominal gross domestic product (GDP) will drop from third to fourth in the world in 2023, which will be surpassed by Germany. The depreciation of the Japanese yen has led to a decrease in GDP converted into US dollars, and in addition, nominal GDP is affected by price changes, thus Germany's higher price increase compared to Japan is also reflected.
The report states that GDP is greatly affected by exchange rates, and the actual ranking will be influenced by exchange rate movements before the end of the year. But Japan's low economic growth has persisted for a long time. The economic scale is linked to international influence, and once overtaken by Germany, Japan's sense of presence will further decrease.
China's share of global GDP has also been increasing year by year. Currently, China has firmly established itself as the world's second largest economy, which means that China has more say in the world.
The economic forecast data released by the IMF shows that Japan's nominal GDP in 2023 is approximately $4.2308 trillion (approximately RMB 30.95 trillion), a decrease of 0.2% compared to the previous year. On the other hand, Germany grew by 8.4% to approximately $4.4298 trillion.
According to the Bank of Japan, the average exchange rate of the Japanese yen against the US dollar in the Tokyo foreign exchange market was around 131.5 yen per dollar in 2022, and has recently depreciated significantly to around 150 yen. On the other hand, the exchange rate between the euro and the US dollar has not changed as much as the Japanese yen.
Forward Looking Economist APP Information Group
For more research and analysis on this industry, please refer to the "2023 China's New Consumption Potential Insight Blue Book" by the Prospective Industry Research Institute
At the same time, the Forward Looking Industry Research Institute also provides solutions such as industry big data, industry research reports, industry planning, park planning, industry investment attraction, industry map, smart investment attraction system, industry status certification, IPO consultation/fundraising feasibility study, IPO work paper consultation, etc. Quoting the content of this article in any public information disclosure such as the prospectus and company annual report requires formal authorization from the forward-looking industry research institute.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
您需要登录后才可以回帖 登录 | 立即注册

本版积分规则

  •   苹果知名分析师郭明錤周四(10月31日)在社交媒体上发文表示,苹果明年可能会减少对芯片制造商博通Wi-Fi芯片的依赖,并推出自己的处理器。   郭明錤在社交媒体平台X上写道,“在2025年下半年的新产品(例如iPh ...
    uturn
    前天 14:42
    支持
    反对
    回复
    收藏
  •   10月30日,小鹏汽车生态企业小鹏汇天宣布,旗下分体式飞行汽车“陆地航母”即将亮相2024中国航展,11月12日将在中国航展第二展区(斗门莲洲)进行全球首次公开飞行,同时“陆地航母”也将在珠海国际航展中心8号 ...
    yxtianyouyou
    3 天前
    支持
    反对
    回复
    收藏
  •   交易所监管文件显示,当地时间11月1日,亚马逊创始人杰夫·贝索斯拟出售约1635万股亚马逊股票,预计套现约30.5亿美元。今年7月,贝索斯已申请额外出售约2500万股亚马逊股票,按当时股价计算可套现约50亿美元。 ...
    blueskybb
    昨天 09:27
    支持
    反对
    回复
    收藏
  •   近日,凯撒海湾目的地(山东)运营管理有限责任公司(简称“凯撒海湾”)与携程旅悦集团签署战略合作协议,双方将围绕“海上目的地运营”、“旅游产品与服务创新”、“研学旅行”、“日韩及海外旅游市场开拓”等 ...
    llyyy2008
    昨天 11:01
    支持
    反对
    回复
    收藏
海角七号 注册会员
  • 粉丝

    0

  • 关注

    1

  • 主题

    29