Fact Sheet Fact Sheet

Fact Sheet

Japan – Country Note

GENERAL

Official Name

Japan (Nihon or Nippon in Japanese which means ‘Origin of Sun’).

Capital

Tokyo

Area

3,77,727 sq. KM.

(Source: MLIT, Japan)

Weather

Predominantly temperate, it is marked by four distinct seasons with pronounced differences in the North and the South. Northern Japan has long and harsh winters and relatively cool summers. Central Japan has cold short winters and cool humid summers.

Population

123.89 million (As of June 1 2024)

(Source: Statistics Bureau of Japan)

Forest Cover (% of total area)

67%

CO2 Emissions

1.085 billion tonnes

(Source: Ministry of Environment, Japan)

Tourist Arrivals

25 million (2023)

(Source: Japan National Tourism Statistics)

Age Profile

The population under 15 years old is 11.3 percent of the total population.

The population aged 15 to 64 is 59.5 percent of the total population.

The population aged 65 years old and over is 29.3 percent of the total population.

(as on 01 June 2024)

(Source: Statistics Bureau of Japan)

Life Expectancy

Male – 81.05; Female – 87.09 years

(Source: Ministry of Health, Labour and Welfare, Japan)

Languages

Japanese

Ethnic Groups

● 97.9% Japanese

● 0.6% Chinese

● 0.4% Korean

● 1.1% Others

Main Religions

Shintoism (69.0%), Buddhism (66.7%), Christianity (1.5%), Others (6.2%)

Internet Penetration

84.9%

Smart Phone Penetration

79%

Urbanization

92%

ECONOMIC

Currency

Japanese Yen, JPY

Exchange rate with US $ & Rupee

USD/JPY: 151.80

INR/JPY: 1.81

(Oct 2024)

GDP

Real: 558.2 trillion JPY (FY 2023)

Nominal: 596.5 trillion JPY (FY 2023)

(Source: SNA (National Accounts of Japan))

GDP Per Capita

USD 33,140 (2024)

Source: IMF

Annual GDP Growth Rate

Real: 0.8%

Nominal: 4.9%

Major Sectors (% of GDP)

Agriculture: 1.2

Industry: 27.5

Services: 71.4

Unemployment Rate (%)

2.8% (May 2024)

Inflation (%)

3.1% (2023)

Total Trade (Goods)

JPY 211.07 trillion (CY 2023)

Exports (Goods)

JPY 100.874 trillion (CY 2023)

(Source: Customs Office, Japan)

Imports (Goods)

JPY 110.196 trillion (CY 2023)

(Source: Customs Office, Japan)

Balance of Trade (Goods)

JPY 9.322 trillion (CY 2023)

Major Trading Partners (Total Trade)

China, USA, EU

POLITICAL

Political Structure

Japan is a constitutional monarchy. The Emperor is the symbol of State and of the unity of people. He performs his constitutional duties on the advice and with the approval of the Cabinet. Japan follows parliamentary democracy with separation of legislative, executive and judicial branches. The term of the government is four years. It may be terminated earlier if the Cabinet dissolves the House of Representatives. The Cabinet headed by Prime Minister is responsible to the Parliament (Diet) consisting of the House of Representatives (Lower House – 465 seats) and the House of Councilors (Upper House – 248 seats). Voting is by universal adult suffrage (18 years old and above).

Head of State (Emperor)

His Majesty the Emperor NARUHITO

Head of Government (Prime Minister)

H.E. Mr. Shigeru Ishiba

Minister for Foreign Affairs

H.E. Mr. Takeshi Iwaya

BILATERAL

Bilateral Trade

USD 22.854 billion (FY 2023-24)

Indian Exports

USD 5.156 billion (FY 2023-24)

(Source: Department of Commerce, India)

Indian Imports

USD 17.698 billion (FY 2023-24)

(Source: Department of Commerce, India)

Major Items of Export and Import

Export by India:

Organic Chemicals, Vehicles other than Railway or Tramway Rolling Stock, Nuclear Reactors, Boilers, Machinery, Aluminum, Fish and Crustaceans, Mollusca, Electrical machinery and equipment, Sound Recorders and Reproducers, Television Image and Sound Recorders, Natural or Cultured Pearls, Precious or Semiprecious Stones, Iron and steel, Articles of apparel and clothing accessories, not knitted or crocheted.

Import from Japan:

Nuclear Reactors, Boilers, Machinery, Copper, Electrical Equipment, Sound Recorders and Reproducers, Television Image and Sound Recorders, Inorganic Chemicals, Precious Metals, Rare-Earth Metals, Iron and steel, Plastic, Organic Chemicals, Vehicles other than Railway or Tramway Rolling Stock.

Country’s Investments in India

USD 3.177 billion (FY 2023-24)

(Source: DPIIT, India)

Indian Origin/PR s/Indian Students

PIOs: 1324

Students: 1,851

Indian diaspora

48,076

Indian Organizations

Banks: 2

PSUs: 2

Government Organizations: 2

Indian Associations registered with Embassy of India, Tokyo: 45

Indian Associations registered with CGI, Osaka: 9

Oct 2024