The GDP of Japan is $4.38 trillion ranking it #2 in the world behind the US (International Monetary Fund 2007).
The GDP of Japan is $4.38 trillion ranking it #2 in the world behind the US (International Monetary Fund 2007).
$1,964,268
India Ranks 8th in GDP Nominal basis and 4th ( after US/China/Japan) in PPP basis.
Japan's GDP per head is around $40,000
Check this http://www.demographia.com/db-ppp60+.htm . It has all the GDP per capita since 1960 to 2003. Or check with IMF website
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You can get the GDP details at http://www.stat.go.jp/english/data/chouki/03.htm
Here are the top 3 economies as of 2009... 1. China ( Approximate GDP- $7,043,000,000,000 ) 2. Japan ( Approximate GDP- $4,305,000,000,000 ) 3. India (Approximate GDP- $2,965,000,000,000 )
With a GDP (PPP) of $14,720,000,000,000 USD, the United States is the largest economy. The US is followed by China (#2) with a GDP of $ 9,872,000,000,000; Japan (#3) with a GDP of $ 4,338,000,000,000; and India (#4) with a GDP of $4,046,000,000,000; and Germany with a GDP of $2,951,000,000,000. All figures from CIA World Factbook 2010 - GDP estimate expressed as PPP
Actually, the answer to this is that in terms of GDP per capita, Japan is richer. However, if you look at the GDP figures of the two countries, China has a larger value, though in terms of richness Japan is richer because its per capita is larger than China!
Top 5 Global Countries With The Highest Nominal GDP are: 1) United States, 2)Japan, 3)China, 4)Germany, 5)France. .
Japan has a very big population, it is also very developed with 32,380 GDP per capita so i say certainaly yes that Japan is a MEDC.