Japan slips into a recession and loses its spot as the world’s third-largest economy:

Japan slips into a recession and loses its spot as the world’s third-largest economy:

Daily Current Affairs   /   Japan slips into a recession and loses its spot as the world’s third-largest economy:

Change Language English Hindi

Category : Business and economics Published on: February 17 2024

Share on facebook
  • Japan has lost its position as the world's third-largest economy, Germany takes over.
  • Japan has slipped to the world's fourth-largest economy as it fell behind the size of Germany's in 2023.
  • Japan’s economy was the second largest until 2010, when it was overtaken by China’s. Japan’s nominal GDP totaled $4.2 trillion last year, while Germany’s was $4.4 trillion, or $4.5 trillion, depending on the currency conversion.
Recent Post's
  • India and New Zealand have begun the fourth round of Free Trade Agreement (FTA) talks in Auckland to strengthen economic ties and promote sustainable, balanced growth.

    Read More....
  • Sanjay Garg, IAS (1994 batch, Kerala cadre), has taken charge as the new Director General of the Bureau of Indian Standards (BIS).

    Read More....
  • NITI Aayog launched a tech-driven roadmap to transform Indian agriculture through AI, digital tools, and innovation for Viksit Bharat 2047.

    Read More....
  • Maldives becomes the world’s first country to impose a generational ban on tobacco and smoking to build a tobacco-free future.

    Read More....
  • Korean film ‘Project Y’ wins Best Film at the London East Asia Film Festival 2025 for its powerful female leads and gripping neo-noir storytelling.

    Read More....
  • Janice Tjen becomes the first Indonesian in 23 years to win a WTA singles title with her historic victory at the Chennai Open 2025.

    Read More....
  • Lucknow earns global acclaim as UNESCO designates it a Creative City of Gastronomy, celebrating its royal Awadhi cuisine and rich culinary heritage.

    Read More....
  • World Jellyfish Day 2025 celebrates the ancient, glowing marvels of the ocean and their vital role in marine ecosystems.

    Read More....
  • ISRO launches GSAT-7R, India’s heaviest communication satellite, to boost naval connectivity and strengthen national space power.

    Read More....
  • PM Modi lays foundation stone for the Museum of India’s Princely States near Statue of Unity, celebrating India’s royal heritage and unity.

    Read More....