Japan in the Lead
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🏙️ Largest Urban Population
In 2024, Tokyo's population reached a staggering 37,115,035, making it the largest city in the world by population.
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👨🎓 Lowest Youth Unemployment and Inactivity
Japan had one of the lowest shares of youth not in education, employment, or training, with only 3.14% of the youth population affected in 2019 and a projected 3.121% in 2024.
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💳 Leading in Domestic Credit
In 2023, Japan's financial sector provided domestic credit amounting to 380.17% of its GDP, the highest globally.
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🌐 Top Foreign Direct Investment
Japan attracted a net foreign direct investment of $170.58 billion in 2023, showcasing its strong global economic ties.
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💼 Top Net Primary Income
In 2023, Japan's net primary income from abroad was $257.89 billion, indicating strong international financial engagements.
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💹 Low Real Effective Exchange Rate
As of 2023, Japan's real effective exchange rate index stood at 58.11, indicating a competitive currency that can boost exports by making Japanese goods cheaper abroad.
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💼 Low Employee Compensation as Expense
In 2022, compensation of employees accounted for only 4.90% of Japan's total expenses, reflecting efficient labor cost management.
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📦 Low Tariffs on Manufactured Goods
In 2021, Japan maintained a simple mean bound rate of 2.49% on manufactured products, promoting affordable imports and international trade.
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💰 Lowest Lending Interest Rates
In 2017, Japan boasted one of the lowest lending interest rates globally at just 0.994%, making borrowing more affordable for businesses and individuals.
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🎓 Near-Perfect School Progression
In 2016, Japan achieved a 99.99% progression rate to secondary school, highlighting its commitment to education.
Japan Following Behind
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👵 High Elderly Population
In 2023, 7.18% of Japan's female population and 6.87% of its male population were aged 70-74, reflecting a significant elderly demographic.
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🏛️ High Claims on Central Government
In 2023, claims on Japan's central government were 145.55% of GDP, reflecting significant government involvement in the economy.
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💸 Highest Central Government Debt
Japan's central government debt stood at 1,210,168,100,000,000 yen in 2022, accounting for 216.21% of its GDP, the highest in the world.