Japan loses crown as worldâs third-largest economy after it slips into recession | Japan
Japan has fallen into recession after being overtaken by Germany as the world’s third-largest economy as it battles a weak yen, aging population and a declining population, according to data released Thursday. Japan’s economy, currently the world’s fourth largest, grew by 1.9% in 2023 in nominal terms. In dollar terms, gross domestic product (GDP) was […]