IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL JAPAN

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Tokyo

2016 2017 2018 2019 2020

378 2019

0.109 2019 126.15 2019 5,081.8 2019 45,279 2019 0.7 2019 0.48 2019 2.40 2019 68.86 2019 3.62 2019 213.8 2018 0.75 2019

Exchange Rate (per $)

25

26

26

30

34

8

Population - market size (millions)

CHALLENGES IN 2020 Stop the negative chain of bankruptcy, unemployment and poverty of living due to Covid-19. • Stop the negative chain of bankruptcy, unemployment and poverty of living due to Covid-19. • Continuously strengthen the infectious disease control system. • Recovery of economic activities through public and private cooperation as the next phase. • Accelerate digital transformation to create a smart society that is resilient to infectious diseases and natural disasters. • Establishing a global collaboration that fosters risk management, business, innovation and growth.

3

Gross Domestic Product (GDP) (US$ billions)

24

GDP (PPP) per capita (US$)

54

Real GDP growth (%)

8

Consumer price inflation (%)

6

Unemployment rate (%)

7

Labor force (millions)

23

Current account balance (% of GDP)

28

Direct investment stocks inward ($bn)

Mitsubishi Research Institute Inc., Tokyo Provided by: Mitsubishi Research Institute Inc., Tokyo

52

Direct investment flows inward (% of GDP)

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

9

9

18

21

29

31

32

35

39

41

44

45

55

56

59 61

62

PEER GROUPS RANKINGS ASIA - PACIFIC (14 countries)

POPULATIONS > 20 MILLION (29 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

8

8

8

9

9

9

10

10

12

13

81

IMD WORLD COMPETITIVENESS BOOKLET 2020