Japan As Number Four?

Posted on 02/20/2024

Japan is now number four when it comes to the economy. GDP in Japan shrank for a second consecutive quarter. Domestic demand is now slowing. Nominal GDP for 2023 came to US$ 4.2 trillion. Japan had been the world’s second largest economy before China overtook it. Now Germany has jumped ahead with a GDP of US$ 4.5 trillion.

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