ECONOMICS
ECONOMIC GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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natural resources
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GDP per capita
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capital goods
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GDP
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Detailed explanation-1: -Japan gdp per capita for 2021 was $39, 313, a 1.52% decline from 2020.
Detailed explanation-2: -GDP per Capita in Japan averaged 24622.88 USD from 1960 until 2021, reaching an all time high of 36117.23 USD in 2018 and a record low of 6260.68 USD in 1960.
Detailed explanation-3: -GDP = private consumption + gross private investment + government investment + government spending + (exports – imports). GDP is usually calculated by the national statistical agency of the country following the international standard.
Detailed explanation-4: -GDP per person employed (constant 2017 PPP $) in Japan was reported at 76839 USD in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources.