The financial intermediation, real estate and business activities sector contributed 23.5% to the gross value added (GVA) in 2021, followed by mining, manufacturing and utilities sector (22.8%), according to GlobalData. In nominal terms, the sectors are expected to grow by 2.6% and 1.1%, respectively, in 2022.
Tokyo, Osaka, and Kitakyushu Fukuoka are among best performing cities in Japan. They contributed 74.2% to Japan’s total GDP and accounted for 70.7% of the Japanese population in 2021, according to GlobalData.
The Nikkei 225 (^N225) exhibited a volatile pattern between January 2021 and February 2022. Overall, the index decreased by 3.5% from 27,444.2 on January 1, 2021, to 26,475.4 on February 28, 2022.
Scope
– Japanese government announced plans in January 2022 to invest heavily in green energy, 5G network infrastructure, optical fiber, and next-generation networks
Reasons to Buy
– Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
– PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
– Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
– This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.