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ABENOMICS

For future growth, for future generations, and for a future Japan.

“I will break down any and all walls looming ahead of the Japanese economy and map out a new trajectory for growth.
This is precisely the mission of Abenomics.”
—Prime Minister ABE Shinzo

Updated in March 2020

  • 1 Innovation in Societal Structures
  • 2 Diversity & Empowerment of People
  • 3 Smart Regulations & Laws
  • 4 Attractive International Opportunities
  • 5 More Competitive Business

About Abenomics

Since coming to power in late 2012, Prime Minister ABE Shinzo and his government unveiled a comprehensive policy package to revive the Japanese economy from two decades of deflation, all while maintaining fiscal discipline. This program became known as Abenomics.

Abenomics strives for boosting Japan’s economy

2012 vs Latest

  • Nominal GDP

    58.5 JPY tn (535 USD bn)

    493 JPY tn
    (4509 USD bn)
    >552 JPY tn
    (5044 USD bn)

  • Number of Employed Persons (Female)

    4.4 mn (3.3mn)

    62.8 mn
    (26.6 mn)
    >67.2 mn
    (29.9 mn)

    Record high
  • Corporate Pre-Tax Profit

    42.1 JPY tn (385 USD bn)

    39.7 JPY tn
    (363 USD bn)
    >81.8 JPY tn
    (748 USD bn)

    Record high
  • Unemployment Rate

    2.4 %

    4.3 % > 2.4 %

  • Private Non-Residential Investment

    16.2 JPY tn (148 USD bn)

    71.9 JPY tn
    (657 USD bn)
    >88.0 JPY tn
    (805 USD bn)

  • Tax Revenue

    16.2 JPY tn (149 USD bn)

    43.9 JPY tn
    (402 USD bn)
    >60.2 JPY tn
    (550 USD bn)

  • Nominal GDP
  • Number of Employed Persons (female)
  • Corporate Pre-tax Profit
  • Unemployment Rate
  • Private Non-Residential Investment
  • Tax Revenue

What Abenomics Strives For

The greatest structural issue facing the Japanese economy is the aging of society and shrinking of the population.
However, we see this challenge as an opportunity.

Demographic change is a social challenge that will soon be shared by most developed countries.

Japan is committed to achieving sustainable growth and becoming a pioneer in the establishment of a new social model. We call this Society 5.0, Japan’s vision for the next step in human evolution.

Goal 1: Achieving Sustainable Growth

Goal 1: Achieving Sustainable Growth

Implement comprehensive reform to accelerate an economic virtuous cycle, which will help grow GDP to 600 trillion yen by 2020.

How Abenomics Works

Goal 2: Realizing Society 5.0

Society 5.0 is a national vision aimed at realizing a data-driven, human-centric society for our future generations.
It is a vision in which economic development, digitalization, and solutions for social issues are aligned.

Goal 2: Realizing Society 5.0

Goal 2: Realizing Society 5.0

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