Income Per Capita In Japan

Japan gdp per capita for 2017 was 38 387 a 0 97 decline from 2016.

Income per capita in japan. The gdp per capita in japan is equivalent to 389 percent of the world s average. Japanese local governments prefectural and municipal governments levy local inhabitant s tax on a taxpayer s prior year income. During the second half of the 1980s rising stock and real estate prices created an economic bubble. The gross domestic product per capita in japan was last recorded at 49187 80 us dollars in 2019.

Japan s annual household income per capita reached 19 511 958 usd in dec 2019 compared with the previous value of 18 265 314 usd in dec 2018. The data reached an all time high of 22 731 231 usd in dec 2012 and a record low of 14 845 104 usd in dec 2002. A per capita income of 43 118 bolsters japan s strength as a consumer market which itself is broad based and sophisticated. This data is based on self reported data that was gathered between 2006 and 2012.

Japan gdp per capita for 2016 was 38 762 a 12 27 increase from 2015. This page provides japan gdp per capita actual values. Countries with the lowest median income include libera burundi mali benin togo sierra leone and madagascar. Gni per capita ppp current international japan from the world bank.

For local inhabitant s tax purposes an equalisation per capita tax is also assessed. Data learn how the world bank group is helping countries with covid 19 coronavirus. Japan gni per capita for 2018 was 41 150 a 6 91 increase from 2017. This applies where the taxpayer is a resident of japan as of january 1 of the current year.

Japan gdp per capita for 2018 was 39 159 a 2 01 increase from 2017. Japan gni per capita for 2016 was 37 860 a 2 52 decline from 2015. In this article we ll explore the median income around the world. In addition to the above inhabitant s tax is imposed on a per capita basis in the range from jpy 70 000 in cases where the amount of paid in capital is jpy 10 million or less and the number of employees in each prefecture and city is 50 or less to jpy 3 8 million in cases where the amount of paid in capital is over jpy 5 billion and the.

Japan gni per capita for 2017 was 38 490 a 1 66 increase from 2016. Japan s annual household income per capita data is updated yearly available from dec 2000 to dec 2019 with an averaged value of 17 207 401 usd. According to 2013 data from gallup the median household income worldwide is 9 733. By 1990 income per capita in japan equalled or surpassed that in most countries in the west.

The country s aging population however is impacting its society and economy as it shapes demand in various segments such as medical services pharmaceuticals leisure and travel and financial services. The economic bubble came to an abrupt end as the tokyo stock exchange crashed in 1990 92 and real estate prices peaked in 1991.