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SHIRSENDU KARMAKAR

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Japan's nominal GDP per capita at record-low 21st among OECD members TOKYO (Kyodo) -- Japan's nominal gross domestic product per capita stood at $34,064 in 2022, ranking 21st among the 38 members of the Organisation for Economic Co-operation and Development, a record-low for the world's third-largest economy, the government said Monday. The figure was also the lowest among the Group of Seven advanced economies for the first time since 2008, highlighting the impact of a sharply weaker yen against the U.S. dollar and the relative decline of Japan's economic standing. GDP is the total value of goods and services produced in a country. Comparable data became available in 1980 for the OECD. ©SHIRSENDU KARMAKAR #GDP_Per_Capita #Japan

Japan's nominal GDP per capita at record-low 21st among OECD members TOKYO (Kyodo) -- Japan's nominal gross domestic product per capita stood at $34,064 in 2022, ranking 21st among the 38 members of the Organisation for Economic Co-operation and Development, a record-low for the world's third-largest economy, the government said Monday. The figure was also the lowest among the Group of Seven advanced economies for the first time since 2008, highlighting the impact of a sharply weaker yen against the U.S. dollar and the relative decline of Japan's economic standing. GDP is the total value of goods and services produced in a country. Comparable data became available in 1980 for the OECD. ©SHIRSENDU KARMAKAR #GDP_Per_Capita #Japan