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JAPAN Fact sheets are updated biannually; June and December General information Capital: Land area: Official language(s): Population: Currency: Tokyo 364,560 sq km Japanese 127.0 million (2015) Yen Head of State HM Emperor Akihito Head of Government Prime Minister HE Mr Shinzo Abe 2011 2012 2013 2014 2015 2016 5,909.0 46,225.1 4,388.7 34,331.7 -0.5 2.2 129.8 -0.3 4.6 5,957.3 46,704.6 4,547.4 35,651.1 1.7 1.0 59.7 -0.1 4.3 4,908.9 38,551.5 4,683.5 36,781.5 1.4 0.9 45.9 0.3 4.0 4,595.5 36,151.2 4,766.0 37,492.4 0.0 0.8 36.5 2.8 3.6 4,124.2 32,478.9 4,843.3 38,141.6 1.2 3.3 135.6 0.8 3.4 4,730.3 37,304.1 4,931.9 38,893.8 0.9 3.7 176.1 -0.2 3.2 Economic indicators (a) GDP (US$b) (current prices) GDP per capita (US$) GDP PPP (Int'l $b) GDP per capita PPP (Int'l $) Real GDP growth (% change yoy) Current account balance (% GDP) Current account balance (US$b) Inflation (% change yoy) Unemployment (% labour force) Australia's trade and investment relationship with Japan (b) Australian merchandise trade with Japan, 2015-16 (A$m) Exports to Japan 35,846 Imports from Japan 19,174 Total merchandise trade (exports + imports) 55,021 Major Australian exports, 2015-16 (A$m) Coal Iron ores & concentrates Beef, f.c.f. Copper ores & concentrates Total share 14.7% 7.1% 10.7% Rank 2nd 3rd 2nd 11,197 4,685 1,813 1,410 Major Australian imports, 2015-16 (A$m) Passenger motor vehicles Refined petroleum Goods vehicles Gold 2,131 3,114 Total share 3.1% 4.0% Growth (yoy) -19.4% 4.8% -12.3% 6,625 2,581 1,373 1,132 *Includes $11.0b of confidential items and special transactions, 31% of total exports. Australia's trade in services with Japan, 2015-16 (A$m) Exports of services to Japan Imports of services from Japan Major Australian services exports, 2015-16 (A$m) Personal travel excluding education Transport 747 539 Rank 8th 5th Major Australian services imports, 2015-16 (A$m) Transport Personal travel excluding education Australia's investment relationship with Japan, 2015 (A$m) Australia's investment in Japan Japan's investment in Australia Total 93,164 199,596 Growth (yoy) 4.2% 11.7% 1,102 1,080 FDI np 85,949 Japan's global merchandise trade relationships Japan's principal export destinations, 2015 1 United States 2 China 3 Republic of Korea 9 Australia 20.2% 17.5% 7.0% 2.1% Japan's principal import sources, 2015 1 China 2 United States 25.6% 10.9% 3 Australia 5.6% 4 Republic of Korea 4.3% Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources. (a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable. (b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December. All data may be subject to future revisions. GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified