Last update – January 2025
Japan
Slow return to normal
Country rating

LOW RISK FOR ENTERPRISE
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
The country risk assessments are your North Star metrics to make the right decision for your business and understand the risks in international trade.
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Form of state |
Parliamentary democracy with a Constitutional Monarchy |
Head of government |
Shigeru Ishiba (PM) |
Next elections |
By July 2025, House of Councillors |
Strengths & weaknesses

- Robust external position (current account surplus, low public external debt)
- Innovative industries and high-quality products
- Large financial surplus of non-financial corporations
- Developed country in a dynamic region
- Low inflationary pressures

- Vulnerable to natural disasters
- Aging population
- Huge public debt and large public deficits
- Highly dependent on energy imports
- Strong competition from neighboring countries in the semiconductor industry
Economic overview
Trade structure by destination/origin
(% of total, 2023)
Trade structure by product
(% of total, 2023)
Contact
Francoise Huang
Allianz Trade
Allianz Trade