<P> The economy of Japan is the third - largest in the world by nominal GDP and the fourth - largest by purchasing power parity ( PPP ) . and is the world 's second largest developed economy . Japan is a member of the G7 . According to the International Monetary Fund , the country 's per capita GDP ( PPP ) was at $37,519 , the 28th highest in 2014 , down from the 22nd position in 2012 . Due to a volatile currency exchange rate , Japan 's GDP as measured in dollars fluctuates widely . Accounting for these fluctuations through use of the Atlas method , Japan is estimated to have a GDP per capita of around $38,490 . </P>
<P> The economy of Japan is the third - largest in the world by nominal GDP and the fourth - largest by purchasing power parity ( PPP ) . and is the world 's second largest developed economy . Japan is a member of the G7 . According to the International Monetary Fund , the country 's per capita GDP ( PPP ) was at $37,519 , the 28th highest in 2014 , down from the 22nd position in 2012 . Due to a volatile currency exchange rate , Japan 's GDP as measured in dollars fluctuates widely . Accounting for these fluctuations through use of the Atlas method , Japan is estimated to have a GDP per capita of around $38,490 . </P>
where does japan fall on the economic spectrum
where does japan fall on the economic spectrum
the third - largest in the world by nominal GDP the fourth - largest by purchasing power parity the world 's second largest developed economy
the third - largest in the world by nominal GDP the fourth - largest by purchasing power parity the world 's second largest developed economy