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Japanese Saving and GDP
UN Statistical Yearbook, 37th Edition, page 167

 | For world savings rates http://www.pathfinder.com/asiaweek/95/0609/bottom.html
|
 | Gross private saving as % GDP in Japan 1975-1993 averaged
28%, general government saving averaged 5%, "Saving Behavior and the Asset Price
'Bubble' in Japan, Analytical Studies", International Monetary Fund, Washington, DC,
April 1995, Ulrich Baumgargner and Guy Meredith |
 | Gross private saving as % GDP in Japan 1960-1987 averaged
27.7%, in US averaged 17%. Less than one third of Japan's savings is in banks, OECD
Department of Economics and Statistics, Working Paper No. 73, "The Savings Behavior
of Japanese Households", Kenichi Kawasaki, January 1990. |
 | 101% of US gross private saving is
used to pay the interest on debts-$5.5 trillion in public debt, $1.2 trillion in consumer
debt, and $5.3 trillion in mortgage debt http://fathersmanifesto.com/debt.htm
|
 | Interest payments on Japan's total debts of $1.9 trillion
consume less than 3% of Japan's gross private saving (1998 gross private saving was $1,549
billion, vs. Interest payments on Japan's debts of $38 billion) http://fathersmanifesto.com/japansaving.htm
|
 | Japan's GDP in dollars at 131 yen/dollar = $4,259 http://www.pathfinder.com/asiaweek/current/issue/bottom.html
|
 | If the exchange rate reaches 100 yen to the dollar in 1999,
as expected, Japan's GDP will be $5.6 trillion and GDP per Capita will be $44,444. |
| Year |
GDP Trillions Yen UN Statistical
Yearbook |
GDP Billions Dollars |
Exchange Rate Yen to Dollars |
Savings at 33% of GDP Trillions of
Yen |
Cumulative Savings in Trillions of
Yen |
Population |
GDP per Capita |
| |
|
|
|
0.3 |
|
|
|
| 1960 |
15.5 |
|
|
5.1 |
5.1 |
|
|
| 1961 |
18.5 |
|
|
6.1 |
11.2 |
|
|
| 1962 |
21.5 |
|
|
7.1 |
18.3 |
|
|
| 1963 |
24.5 |
|
|
8.1 |
26.4 |
|
|
| 1964 |
30.0 |
|
|
9.9 |
36.3 |
|
|
| 1965 |
36.0 |
|
|
11.9 |
48.2 |
|
|
| 1966 |
42.0 |
|
|
13.9 |
62.0 |
|
|
| 1967 |
50.0 |
|
|
16.5 |
78.5 |
|
|
| 1968 |
59.0 |
|
|
19.5 |
98.0 |
|
|
| 1969 |
65.0 |
|
|
21.5 |
119.5 |
|
|
| 1970 |
70.9 |
|
|
23.4 |
142.9 |
|
|
| 1971 |
86.0 |
|
|
28.4 |
171.2 |
|
|
| 1972 |
101.0 |
|
|
33.3 |
204.6 |
|
|
| 1973 |
116.0 |
|
|
38.3 |
242.8 |
|
|
| 1974 |
131.0 |
|
|
43.2 |
286.1 |
|
|
| 1975 |
148.3 |
|
|
48.9 |
335.0 |
|
|
| 1976 |
164.6 |
|
|
54.3 |
389.3 |
|
|
| 1977 |
182.0 |
|
|
60.1 |
449.4 |
|
|
| 1978 |
199.0 |
|
|
65.7 |
515.1 |
|
|
| 1979 |
214.0 |
|
|
70.6 |
585.7 |
|
|
| 1980 |
240.2 |
|
|
79.3 |
665.0 |
|
|
| 1981 |
257.4 |
|
|
84.9 |
749.9 |
|
|
| 1982 |
269.6 |
|
|
89.0 |
838.9 |
|
|
| 1983 |
280.3 |
|
|
92.5 |
931.4 |
|
|
| 1984 |
298.0 |
|
|
98.3 |
1029.7 |
|
|
| 1985 |
316.3 |
|
|
104.4 |
1134.1 |
|
|
| 1986 |
330.0 |
|
|
108.9 |
1243.0 |
|
|
| 1987 |
343.2 |
$2,418.4 |
141.912 |
113.3 |
1356.2 |
|
|
| 1988 |
361.9 |
$2,918.2 |
124 |
119.4 |
1475.6 |
|
|
| 1989 |
414.6 |
$2,899.4 |
143 |
136.8 |
1612.5 |
|
|
| 1990 |
398.0 |
$2,970.1 |
134 |
131.3 |
1743.8 |
|
|
| 1991 |
436.1 |
$3,407.1 |
128 |
143.9 |
1887.7 |
|
|
| 1992 |
461.9 |
$3,725.2 |
124 |
152.4 |
2040.2 |
|
|
| 1993 |
470.3 |
$4,275.5 |
110 |
155.2 |
2195.4 |
|
|
| 1994 |
468.7 |
$4,687.1 |
100 |
154.7 |
2350.0 |
|
|
| 1995 |
527.0 |
$5,217.6 |
101 |
173.9 |
2523.9 |
|
|
| 1996 |
543.3 |
$4,765.9 |
114 |
179.3 |
2703.2 |
|
|
| 1997 |
559.1 |
$4,300.5 |
130 |
184.5 |
2887.7 |
|
|
| 1998 |
549.0 |
$4,692.4 |
117 |
181.2 |
3068.9 |
126.0 |
$37,241.00 |
| 1999 |
560.0 |
$4,666.6 |
120 |
184.8 |
3253.7 |
126.0 |
$37,036.17 |
Last Updated on 6/16/99
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