PROFILE

Population:			127.5 million*
Capital:			Tokyo
Government:			Parliamentary Government with a Constitutional Monarchy
Next Election Scheduled:	TBD
Head of Government:		Yoshihiko Noda (Prime Minister)

ECONOMY

• 2010 nominal GDP (Current US$ billions): 5,458.9
• 2010 nominal GDP per capita (Current US$): 42,820*

						2008		2009		2010

Real GDP growth rate (%)			-1.2		-6.3		 3.9
Real GDP per capita growth rate (%)		-1.1		-6.2		 4.0*
CPI (%)					         1.4		-1.4		-0.7
Unemployment (%)				 4.0		 5.1		 5.1

• Economic mix in 2008†: 20% manufacturing; 71% services; 1% agriculture

FOREIGN MERCHANDISE TRADE (US$ billions)

						 2008		 2009		 2010

Japan’s exports to the world			782.0		580.5		770.0
Japan’s imports from the world			762.5		551.8		694.3
U.S. exports to Japan				 65.1		 51.1		 60.5
U.S. imports from Japan				139.3		 95.8		120.5
U.S. trade balance with Japan			-74.1		-44.7		-60.1

• Rank of Japan as U.S. export market in 2010: 4th largest (4.7% of U.S. exports)
• Rank of Japan as source of U.S. imports in 2010: 4th largest (6.3% of U.S. imports)
• Rank of Japan in total U.S. trade in 2010: 4th largest (5.7% of U.S. trade)
• Principal U.S. exports to Japan in 2010: optical, medical instruments (12%); machinery (9%); aircraft, spacecraft (8%); electrical machinery (7%); cereals (7%)
• Principal U.S. imports from Japan in 2010: vehicles (34%); machinery (21%); electical machinery (15%); optical, medical instruments (5%); organic chemicals (2%)

FOREIGN DIRECT INVESTMENT (US$ billions)

						 2008		 2009		 2010

U.S. FDI in Japan			         99.8            96.0		113.3
FDI into the United States from Japan           234.7           239.3		257.3

• Principal suppliers of foreign investment to Japan: United States, Netherlands, France, Cayman Islands, Signapore, Germany, United Kingdom

DOING BUSINESS RANKING

• World Bank Doing Business in 2011 rank: 18 of 183 (19 in 2010)

* IMF Estimate, † World Bank data