Canada vs Japan: Economic Indicators Comparison

Japan with a GDP of $5T ranked the 3rd largest economy in the world, while Canada ranked 10th with $1.7T. By GDP 5-years average growth and GDP per capita, Japan and Canada ranked 152nd vs 133rd and 28th vs 21st, respectively.

Gross Domestic Product & Income

StatCanadaJapan
GDP$1.7T$5T
GDP growth, 1 year1.8%0.8%
GDP growth, 5-years average1.9%1%
Population37.9M126.8M
GDP per capita$46k$39k
GDP per capita growth0.47%0.99%
Purchasing Power Parity conversion factor1.24101.37
Price level ratio of PPP conversion factor GDP to market exchange rate0.960.92
GDP per capita, PPP adjusted$50k$44k
GNI, Atlas method$1.7T$5.2T
GNI per capita$45k$41k
GNI, PPP adjusted$1.8T$5.6T
GNI per capita, PPP adjusted$48k$44k

Financial system and Human development

StatCanadaJapan
Income Tax Rate33%40.8%
Corporate Tax Rate15%23.9%
Inflation, consumer prices0.9%1%
Inflation, GDP deflator1.9%-0.1%
Unemployment5.9%2.5%
Economic Freedom Index78.273.3
Personal Freedom Index9.268.83
Human Freedom Index8.698.31
Property Rights Index87.786.6
Judical Effectiveness Index72.771.4
Business Freedom Index81.781.4
Fiscal Health Index83.362
Labor Freedom Index7278.7
Investment Freedom Index8070
Financial Freedom Index8060
Trade Freedom Index8780
Monetary Freedom Index7684.4
Government Spending Index50.955.8
Tax Burden Index76.568.3
Government Integrity Index90.380.5
Corruption Perceptions Index8173
Life expectancy at birth, years82.284.1
Suicide mortality rate, per 100,000 people12.518.5
Mortality caused by road traffic injury, per 100,000 people5.84.1
Intentional homicides, per 100,000 people1.80.2
International tourism, number of arrivals21.1M31.2M

Government debt & reserves

StatCanadaJapan
Central government debt, % of GDP90.6%237.1%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI6.5%7.3%
Gross savings, % of GDP19.7%28%
Gross capital formation, % of GDP23.1%24.4%
Total reserves including gold$83.9B$1.3T
Foreign direct investment net inflows$46.5B$25.9B

Exports, imports and economic structure

StatCanadaJapan
Exports of goods and services, % of GDP32.1%18.4%
Imports of goods and services, % of GDP34.1%18.2%
Current account balance (balance of payments)-$45.3B$174.7B
Revenue excluding grants, % of GDP18.1%12.8%
Grants excluding technical cooperation, BoPN/AN/A
Personal remittances received$1.4B$4.4B
Industry including construction value added, % of GDP24.8%29.1%
Agriculture, forestry and fishing value added, % of GDP1.7%1.2%
Charges for the use of intellectual property, payments BoP$11.8B$21.7B
Charges for the use of intellectual property, receipts BoP$4.8B$45.5B
Expense, % of GDP17.3%16.4%
Government Expenditure, % of GDP40.5%38.4%

Compare with countries close by GDP per capita

Canada vs

CountryGDP
per capita
Population
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M

Japan vs

CountryGDP
per capita
Population
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k