Japan vs Luxembourg: Economic Indicators Comparison
Japan with a GDP of $5T ranked the 3rd largest economy in the world, while Luxembourg ranked 72nd with $70.9B. By GDP 5-years average growth and GDP per capita, Japan and Luxembourg ranked 152nd vs 88th and 28th vs 3rd, respectively.
Gross Domestic Product & Income
| Stat |  Japan |  Luxembourg |
|---|---|---|
| GDP | $5T | $70.9B |
| GDP growth, 1 year | 0.8% | 3% |
| GDP growth, 5-years average | 1% | 3% |
| Population | 126.8M | 626k |
| GDP per capita | $39k | $117k |
| GDP per capita growth | 0.99% | 1.18% |
| Purchasing Power Parity conversion factor | 101.37 | 0.87 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.92 | 1.03 |
| GDP per capita, PPP adjusted | $44k | $107k |
| GNI, Atlas method | $5.2T | $43.1B |
| GNI per capita | $41k | $71k |
| GNI, PPP adjusted | $5.6T | $43.9B |
| GNI per capita, PPP adjusted | $44k | $72k |
Financial system and Human development
| Stat | Japan | Luxembourg |
|---|---|---|
| Income Tax Rate | 40.8% | 42% |
| Corporate Tax Rate | 23.9% | 18% |
| Inflation, consumer prices | 1% | 2% |
| Inflation, GDP deflator | -0.1% | 2.5% |
| Unemployment | 2.5% | 5.5% |
| Economic Freedom Index | 73.3 | 75.8 |
| Personal Freedom Index | 8.83 | 9.1 |
| Human Freedom Index | 8.31 | 8.46 |
| Property Rights Index | 86.6 | 86.4 |
| Judical Effectiveness Index | 71.4 | 74.4 |
| Business Freedom Index | 81.4 | 66.8 |
| Fiscal Health Index | 62 | 99 |
| Labor Freedom Index | 78.7 | 45.3 |
| Investment Freedom Index | 70 | 95 |
| Financial Freedom Index | 60 | 80 |
| Trade Freedom Index | 80 | 86.4 |
| Monetary Freedom Index | 84.4 | 76.4 |
| Government Spending Index | 55.8 | 45.4 |
| Tax Burden Index | 68.3 | 64.1 |
| Government Integrity Index | 80.5 | 90.3 |
| Corruption Perceptions Index | 73 | 81 |
| Life expectancy at birth, years | 84.1 | 82.7 |
| Suicide mortality rate, per 100,000 people | 18.5 | 13.5 |
| Mortality caused by road traffic injury, per 100,000 people | 4.1 | 6.3 |
| Intentional homicides, per 100,000 people | 0.2 | 0.3 |
| International tourism, number of arrivals | 31.2M | 1M |
Government debt & reserves
| Stat | Japan | Luxembourg |
|---|---|---|
| Central government debt, % of GDP | 237.1% | 21.8% |
| External debt stocks, % of GNI | N/A | N/A |
| External debt stocks | N/A | N/A |
| Short-term debt, % of total reserves | N/A | N/A |
| Total debt service, % of exports and primary income | N/A | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | 7.3% | 20.9% |
| Gross savings, % of GDP | 28% | 17.4% |
| Gross capital formation, % of GDP | 24.4% | 17.6% |
| Total reserves including gold | $1.3T | $938.9M |
| Foreign direct investment net inflows | $25.9B | -$5.6B |
Exports, imports and economic structure
| Stat | Japan | Luxembourg |
|---|---|---|
| Exports of goods and services, % of GDP | 18.4% | 211.6% |
| Imports of goods and services, % of GDP | 18.2% | 175.5% |
| Current account balance (balance of payments) | $174.7B | $3.4B |
| Revenue excluding grants, % of GDP | 12.8% | 40.9% |
| Grants excluding technical cooperation, BoP | N/A | N/A |
| Personal remittances received | $4.4B | $2.1B |
| Industry including construction value added, % of GDP | 29.1% | 11.8% |
| Agriculture, forestry and fishing value added, % of GDP | 1.2% | 0.2% |
| Charges for the use of intellectual property, payments BoP | $21.7B | $5B |
| Charges for the use of intellectual property, receipts BoP | $45.5B | $2.4B |
| Expense, % of GDP | 16.4% | 38.7% |
| Government Expenditure, % of GDP | 38.4% | 42.7% |
