IMD World Competitiveness Booklet 2022

Competitiveness Country Profiles

Japan Competitiveness Trends – Overall

OVERALL PERFORMANCE (63 countries)

BASIC FACTS

Rank

2018

2019

2020

2021

2022

Capital Land area (square km '000)

Tokyo

378 2021

0.110 2021

Exchange Rate (per $)

25

30

31

Population - market size (millions) 125.47 2021 07 Gross Domestic Product (GDP) (US$ billions) 4,937.4 2021 03 GDP (PPP) per capita (US$) 44,752 2021 30 Real GDP growth (%) 1.6 2021 59 Consumer price inflation (%) -0.26 2021 02 Unemployment rate (%) 2.80 2021 04 Labor force (millions) 69.07 2021 06 Current account balance (% of GDP) 2.85 2021 22 Direct investment stocks inward ($bn) 243.0 2020 26 Direct investment flows inward (% of GDP) 1.24 2020 38

34

34

CHALLENGES IN 2022

• Achieve a new form of capitalism based on sustainability and human capital. • Realize a virtuous cycle of growth and distribution. • Promoting efforts to realize a science and technology nation. • Resolve the issue of the rapidly aging population. • Revitalize rural areas through a Vision for a Digital Garden City Nation.

PROVIDED BY: Mitsubishi Research Institute Inc., Tokyo

COMPETITIVENESS LANDSCAPE

Economic Performance Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

2

8 9

12

18

25

26

27

34

36

38 42

38

44

49

57

60 62

63 58

PEER GROUPS RANKINGS ASIA - PACIFIC (14 countries)

POPULATIONS > 20 MILLION (27 countries)

2018

2019

2020

2021

2022

2018

2019

2020

2021

2022

8

9

10

10

10

10

12

12

13

13

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