Economic Stability

“Japan stands out as a relative island of social and economic stability.” (“What can the world learn from Japan?“, 2019). Japan continues to thrive economically. They have had a yearly 1.1% GDP growth throughout this past decade. While they continue to rise, the population drops, and their labor force is going up in age. The country has strong technological advances, as well as high quality of life for the citizens. According to the World Bank, Japan is considered to be #29 out of the #190 to do business with. The form of currency they use is called a Yen, and the exchange rate has been set lower due to their trade issues.