Ratio of GNP to GDP for Japan
GNPGDPJPA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.54
Year-over-Year Change
1.09%
Date Range
1/1/1960 - 1/1/2010
Summary
The Ratio of GNP to GDP for Japan measures the relationship between Japan's Gross National Product (GNP) and Gross Domestic Product (GDP). This metric provides insights into the country's economic performance and international trade dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Ratio of GNP to GDP for Japan compares the total income earned by Japanese citizens and businesses, both domestically and abroad, to the total output produced within Japan's borders. This ratio is a valuable indicator of a country's international economic integration and the importance of foreign earnings to its overall economic well-being.
Methodology
The data is calculated by the U.S. Federal Reserve using official government statistics.
Historical Context
Policymakers and analysts use this ratio to assess Japan's economic position and competitiveness in the global marketplace.
Key Facts
- Japan's GNP-to-GDP ratio has historically been above 1.0, indicating that Japanese citizens and businesses earn more abroad than the country produces domestically.
- The ratio peaked at around 1.08 in the late 1980s, reflecting Japan's strong export-driven economy and overseas investments at the time.
- Since the 1990s, the ratio has gradually declined, suggesting a shift towards more domestically-focused economic activity in Japan.
FAQs
Q: What does the Ratio of GNP to GDP for Japan measure?
A: The Ratio of GNP to GDP for Japan compares the total income earned by Japanese citizens and businesses, both domestically and abroad, to the total output produced within Japan's borders.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insights into Japan's economic integration and the importance of foreign earnings to its overall economic well-being, which is valuable information for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using official government statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this ratio to assess Japan's economic position and competitiveness in the global marketplace.
Q: Are there update delays or limitations?
A: The data is subject to the release schedules and methodological changes of the underlying government statistics.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Japan (GNPGDPJPA156NUPN), retrieved from FRED.