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Economy of Japan

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Definition of "Economy of Japan"

The economy of Japan is the third largest in the world by nominal GDP,[12][13] the fourth largest by purchasing power parity [14] and is the world's second largest developed economy.[15] According to the International Monetary Fund, the country's per capita GDP (PPP) was at $36,899, the 22nd-highest in 2013.[16] Japan is a member of the G7. The Japanese economy is forecasted by the Quarterly Tankan survey of business sentiment conducted by the Bank of Japan.[17] Nikkei 225 presents the monthly report of top Blue chip (stock market) equities on Japan Exchange Group.[18] 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.

Economy of Japan London

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