Abenomics’ "third arrow" key to revitalising Japan’s economy

©Yuya Shino/REUTERS

Productivity increases can unlock growth in Japan, the latest OECD economic survey reports.

Labour productivity is surprisingly low–25% below leading OECD countries. The report urges reforms to boost innovation, labour mobility and women into the workforce. 

Read the full news release

©OECD Observer April 2015


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www.oecd.org/japan

Marking economic growth and social progress

Mobilising towards a new era of innovation

Closing the gender gap can boost the economy

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Economic data

GDP growth: -1.8% Q1 2020/Q4 2019
Consumer price inflation: 0.9% Apr 2020 annual
Trade (G20): -4.3% exp, -3.9% imp, Q1 2020/Q4 2019
Unemployment: 8.4% Apr 2020
Last update: 9 July 2020

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