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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 Shinzo Abe

Updated in September 2018

  • 1 Productive Individuals & Society
  • 2 Smart Regulations & Laws
  • 3 Attractive International Opportunities
  • 4 More Competitive Business

About Abenomics

Since coming to power in late 2012, Prime Minister Shinzo Abe 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 keeps boosting Japan’s economy

  • Nominal GDP

    58.4JPY tn

    493 JPY tn > 551 JPY tnRecord high

  • Number of Employed
    Persons (Female)

    2.5mn(2.0mn)

    62.7 mn (26.6 mn) > 65.2 mn (28.6 mn)

  • Corporate Pre-tax Profit

    31.4JPY tn

    36.4 JPY tn > 67.8JPY tnRecord high

  • Unemployment Rate

    2.4%

    4.5 % > 2.4 %

  • Private Non-Residential
    Investment

    15.1JPY tn

    71.9 JPY tn > 87.0 JPY tn

  • Tax Revenue

    16.7JPY tn

    42.3 JPY tn > 59.1 JPY tn

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

How Abenomics Works

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.

How Abenomics Works
  • Productive Individuals & Society
  • Smart Regulations & Laws
  • Attractive International Opportunities
  • More Competitive Business

Goal 2: Realizing Society 5.0

Solve social problems by utilizing Japan's vast volume of real data in tandem with cutting-edge industrial technologies.

Goal 2: Realizing Society 5.0

Goal 2: Realizing Society 5.0

Society 5.0 is Japan’s vision for the next step in human evolution after hunter-gather, agrarian, industrial and information society stages. It will enhance industrial competitiveness and help with the establishment of a society more attuned to individual needs. The focus is on the vast potential of accumulating data, and new technologies of the fourth industrial revolution, in order to find solutions to social issues such as the declining birth rate, an aging population, and environmental and energy issues.

Society 5.0Society 5.0

NEWS

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