Japan & Hong Kong Country Wise Analysis.
GDP
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output for a given country's economy. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period—that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits)
.Japan GDP Analysis
The Gross Domestic Product (GDP) in Japan was worth 5867.15 billion US dollars in 2011, according to a report published by the World Bank. The GDP value of Japan is roughly equivalent to 9.46 percent of the world economy. Historically, from 1960 until 2011, Japan GDP averaged 2335.35 Billion USD reaching an all time high of 5867.15 Billion USD in December of 2011 and a record low of 44.31 Billion USD in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page includes a chart with historical data for Japan GDP.
Gross National Product
Gross National Product (GNP) measures the market value of all products and services produced during a certain period of time by labour and property supplied by the residents of a country. We can also say that Gross National Product is equivalent to the GDP when reduced by income earned within the domestic economy by overseas residents and expanded by income earned by residents
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output for a given country's economy. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period—that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits)
.Japan GDP Analysis
The Gross Domestic Product (GDP) in Japan was worth 5867.15 billion US dollars in 2011, according to a report published by the World Bank. The GDP value of Japan is roughly equivalent to 9.46 percent of the world economy. Historically, from 1960 until 2011, Japan GDP averaged 2335.35 Billion USD reaching an all time high of 5867.15 Billion USD in December of 2011 and a record low of 44.31 Billion USD in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page includes a chart with historical data for Japan GDP.
Gross National Product
Gross National Product (GNP) measures the market value of all products and services produced during a certain period of time by labour and property supplied by the residents of a country. We can also say that Gross National Product is equivalent to the GDP when reduced by income earned within the domestic economy by overseas residents and expanded by income earned by residents