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ABENOMICS

For future growth, for future generations,
and for a future Japan that is robust.

Updated in November 2017

1Boost
productivity

A:Productivity
Revolution

Increasing productivity through work-style reform is the biggest challenge we need to tackle...

Productivity Revolution

1Boost
productivity

B:Human Resource
Development
Revolution

On September 11, 2017, under Prime Minister Abe’s strong initiative as chair, the Council for Designing 100-Year Life Society was launched...

Human Resource Development Revolution

2Pursue regulatory reforms

Japan has cut into bedrock regulations in areas such as healthcare, energy and agriculture that were considered impossible to tap in to...

Pursue Regulatory Reforms

3Build on international
opportunities

Actively cast off our inward-focused mindset and incorporate growth from around the world is the key for Japan’s economic growth...

Build on international opportunities

4Improve business environment
to drive inward FDI

Building a truly business-friendly environment to stimulate growth requires drastic reforms in Japan’s corporate culture...

Improve business environment to drive inward FDI

About Abenomics

In early 2013, after two decades of economic stagnation, Prime Minister Shinzo Abe unveiled a comprehensive economic policy package to sustainably revive the Japanese economy while maintaining fiscal discipline. This program became known as Abenomics.

Abenomics has achieved remarkable progress

Nominal GDP

50JPY tnRecord High

493 JPY tn543 JPY tn

Nominal GDP

Number of Employed
Persons (female)

1.9mn
(1.5mn)

62.7 mn (26.6 mn)64.6 mn (28.1 mn)

Number of Employed Persons (female)

Corporate
Ordinary Profit

26.5JPY tnRecord High

48.5 JPY tn75.0 JPY tn

Corporate Ordinary Profit

Unemployment Rate

2.8%Lowest in the
past 23 years

4.5 %2.8 %

Unemployment Rate

Private Non-Resi.
Investment

10.7JPY tn

71.8 JPY tn82.5 JPY tn

Private Non-Resi. Investment

Tax Revenue

15.4JPY tn

42.3 JPY tn57.7 JPY tn

Tax Revenue

How Abenomics Works

The greatest structural issue facing the Japanese economy is the rapidly progressing aging society and a shrinking population, yet we see this challenge as an opportunity.

Demographic change is actually a social challenge that will soon be shared by most developed countries. Japan will commit to become a pioneer in establishing a social model for other countries that will inevitably experience similar social situations in the coming years.

Boosting productivity through “Productivity Revolution” and “Human Resource Development Revolution” are the keys to keeping the virtuous economic cycle going.

How Abenomics Works

Rigorously implement comprehensive reforms to achieve sustainable growth and reach a nominal GDP of 600 trillion yen

NEWS

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