Something I Belong

Japan's 2010 GDP was surpassed by China's. It's only a matter of time that Japan will be surpassed by India. It is by this, and other invisible pressures, that have many Japanese worried about the declining in the future. But I have a question. Is it true that Japan's growth has ended? Let's see the chart below. The blue line represents the population of productive age. Though the amount of the population of productive age is not shown in this chart, it's been declining 5 million since 1995. In spite of the declining population, Japan's GDP, as represented by the red line, has been increasing. When we focus on the GDP per capita, as represented by the orange fills, we see that Japanese individuals earnings are increasing year by year.