Korea will be overtaken by GDP per capita next year…a sober reflection on oneself


(0)Japan Economic Research Center, a private research institute,
Four years earlier than originally expected

(1)In November, in the background of Tokyo Tower, Japan, children playing with soap
drops, AFPBBNews=News1 Japan’s
GDP per capita will be overtaken by Korea next year, according to a report Japan’s digital backwardness, aging, etc. are cited as the background

(2)According to Nihon Keizai on the 15th, a private research institute, the Japan-Kyung
Jeju Research Center, predicted in a recent study that Japan’s per capita GDP will lag behind Korea next year in Taiwan this year

(3)6
UnitDollars

(4)GDP per capita forecast

(5)Korea is expected to overtake Japan in per capita GDP next year and widen the gap by 2035
Source=
Nihon Keizai Japan Economic Research Center At the end of last year,
Japan Economic Research Center predicted that Japan would be overtaken by Korea in 2027 and Taiwan in 2028, but this time
the time has been greatly moved up

(6)Behind the scenes is the yen’s value, which has fallen sharply this year The yen slipped 20 against the dollar by the end of November this year, while the yen fell 10 against the dollar as the Bank of Japan stuck to its large monetary easing policy
(7)Japan’s digital backwardness is also holding back Japan
Japan is the world’s third-largest economy, but it is pointed out that the level of digitalization in society as a whole lags behind that of advanced countries
Meanwhile Korea and Taiwan are fast in digital transformation, so labor productivity growth is ahead of Japan
explains that as a result, labor productivity in Korea and Taiwan is expected to increase per capita GDP by about 5 points in the 2020s, but only 2 points
Born is

(8)The world’s highest aging population was also cited as a factor that weighed on Japan’s per capita GDP, with a production age of 15 to 64, and
Taiwan’s per capita GDP could outpace Korea by 2031 by 2035 but expanded the age to the whole

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