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2024.02.15 08:20 GMT+8

Germany overtakes Japan as third-biggest economy: official data

Updated 2024.02.15 08:20 GMT+8
CGTN

Japan's economy grew 1.9 percent last year but was still overtaken by Germany as the world's third-biggest economy primarily because of a sharp fall in the yen, official data showed Thursday.

Japan's nominal 2023 gross domestic product in dollar terms was $4.2 trillion, government data showed, compared to $4.5 trillion for Germany, according to figures revealed last month. Japan's economy shrank 0.1 percent in the fourth quarter. 

Source(s): AFP
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