This website uses cookies to ensure you get the best experience on our website. Learn more

Sector 5

x
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Sector 5
Phone:
+81 70-2295-0556

Hours:
Sunday11am - 11pm
Monday3pm - 11pm
Tuesday3pm - 11pm
Wednesday3pm - 11pm
Thursday3pm - 11pm
Friday3pm - 11pm
Saturday11am - 11pm


The economy of Japan is a highly developed and market-oriented economy. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity . and is the world's second largest developed economy. Japan is a member of the G7. According to the International Monetary Fund, the country's per capita GDP was at $38,937. Due to a volatile currency exchange rate, Japan's GDP as measured in dollars fluctuates widely. Accounting for these fluctuations through use of the Atlas method, Japan is estimated to have a GDP per capita of around $38,490. The Japanese economy is forecasted by the Quarterly Tankan survey of business sentiment conducted by the Bank of Japan. The Nikkei 225 presents the monthly report of top Blue chip equities on Japan Exchange Group.Japan is the world's third largest automobile manufacturing country, has the largest electronics goods industry, and is often ranked among the world's most innovative countries leading several measures of global patent filings. Facing increasing competition from China and South Korea, manufacturing in Japan today now focuses primarily on high-tech and precision goods, such as optical instruments, hybrid vehicles, and robotics. Besides the Kantō region, the Kansai region is one of the leading industrial clusters and manufacturing centers for the Japanese economy. The size and industrial structure of cities in Japan have maintained tight regularities despite substantial churning of population and industries across cities overtime. Japan is the world's largest creditor nation. Japan generally runs an annual trade surplus and has a considerable net international investment surplus. As of 2010, Japan possesses 13.7% of the world's private financial assets at an estimated $13.5 trillion. As of 2015, 54 of the Fortune Global 500 companies are based in Japan, down from 62 in 2013.Japan has the highest ratio of public debt to GDP of any developed nation. However, the national debt is predominantly owned by Japanese nationals. The Japanese economy faces considerable challenges posed by a declining population. Statistics showed an official decline for the first time in 2015, while projections suggest that it will continue to fall from 127 million down to below 100 million by the middle of the 21st century.
Continue reading...
From Wikipedia, the free encyclopedia.

Attraction Location



Sector 5 Videos

Shares

x

More Attractions in Kyoto

x

Menu