Category : Business and economicsPublished 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.