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Japan slips into a recession and loses its spot as the world s third-largest economy | Economy and Business

Britain reported that its economy also entered a technical recession in October-December, shrinking 0.3% from the previous quarter

United kingdomTetsuji okazakiMarcel thieliantUniversity of tokyoCabinet officeWorld warCapital economics

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

Real-time index price for S&P Smallcap 600 (IQY), along with buy or sell indicators, analysis, charts, historical performance, news and more

United kingdomMarcel thieliantTetsuji okazakiYuri kageyamaUniversity of tokyoCabinet officeWorld warCapital economics

Japan loses title of third-largest economy in the world

Germany is now the third-largest in the world, behind the U.S. and China. The change reflects lowered productivity from Japan's aging population.

United kingdomTetsuji okazakiMarcel thieliantCabinet officeUniversity of tokyoWorld warCapital economics

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

Japan's economy, once the world's second-largest, is now the fourth-largest after it contracted into recession and fell behind Germany.

Shamal sinaGaza stripUnited kingdomSouth koreaScott garfitt invisionFatima shbairJu ji hoonLee sun kyunKarla quintanaDario lopezMarcel thieliantTetsuji okazakiMexico national search commissionCabinet officeUniversity of tokyoWorld war

Japan loses spot as world s third-largest economy, slips into recession

The government reported the economy shrank at an annual rate of 0.4% in October to December, though it grew 1.9% for all of 2023. Japan's economy was the 2nd largest until 2010, when it was overtaken by China's.

United kingdomTetsuji okazakiMarcel thieliantCabinet officeWorld bankUniversity of tokyoWorld warCapital economics

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