Abenomics’ "third arrow" key to revitalising Japan’s economy

©Yuya Shino/REUTERS

Productivity increases can unlock growth in Japan, the latest OECD economic survey reports.

Labour productivity is surprisingly low–25% below leading OECD countries. The report urges reforms to boost innovation, labour mobility and women into the workforce. 

Read the full news release

©OECD Observer April 2015


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www.oecd.org/japan

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Mobilising towards a new era of innovation

Closing the gender gap can boost the economy

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Economic data

GDP growth: -9.8% Q2/Q1 2020 2020
Consumer price inflation: 1.2% Aug 2020 annual
Trade (G20): -17.7% exp, -16.7% imp, Q2/Q1 2020
Unemployment: 7.4% Aug 2020
Last update: 13 Oct 2020

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