2026-08-015brief

Japan’s growth looks stronger

Japan’s GDP grew just 0.83% annually from 1991 to 2019, versus 2.58% in the U.S but growth per working-age adult was much closer: 1.39% versus 1.65%. From 1998 to 2019, Japan actually led on that measure, gaining 31.9% versus 29.5% in the U.S.