Japan should boost inclusive growth to help address demographic and fiscal challenges

OECD Secretary-General Angel Gurría, left, discusses the OECD Economic Survey of Japan with Japanese Prime Minister Shinzo Abe, Tokyo, 13 April 2017 ©Shizuo Kambayashi/Pool/REUTERS

The Japanese economy has gained momentum, with “Abenomics” playing a key role in the country’s economic revival. But the latest OECD Economic Survey of Japan warns that more needs to be done to underpin inclusive growth, productivity and well-being amid pressures from high and rising government debt and a shrinking workforce.

Read media release.

See overview of the Economic Survey of Japan.

oecd, japan, economy, shinzo abe, angel gurria

©Kaoru Tachibana/AFP

©OECD Observer April 2017




Economic data

GDP growth: +0.2% Q4 2019
Consumer price inflation: 1.7% March 2020
Trade (G20): -0.1% exp, -1.3% imp, Q4 2019
Unemployment: 5.6% March 2020
Sharp drop in OECD leading indicators point to darker outlook: Last update: 14 May 2020

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