MyWikiBiz, Author Your Legacy — Monday November 25, 2024
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| ==Economy== | | ==Economy== |
− | Tokyo has the largest metropolitan economy in the world, despite falling in ranks in recent years due to economic stagnation and currency fluctuations: its nominal GDP is around US$[[GDP (US)1,315,000,000,000| 1.315 trillion]]. In April 1995, due to excessively strong yen (79/dollar), greater Tokyo's GDP was valued at $1.9 trillion, then ranking fourth compared to nations in the world (after Germany and US) and larger than the 1995 nominal GDP of South Korea, China, and Taiwan combined, 28% of the entire nominal GDP of USA ($6.7 trillion then), and over 6% of world GDP at the time. | + | Tokyo has the largest metropolitan economy in the world, despite falling in ranks in recent years due to economic stagnation and currency fluctuations: its nominal GDP is around US$[[GDP (US):=1,315,000,000,000|1.315 trillion]]. In April 1995, due to excessively strong yen (79/dollar), greater Tokyo's GDP was valued at $1.9 trillion, then ranking fourth compared to nations in the world (after Germany and US) and larger than the 1995 nominal GDP of South Korea, China, and Taiwan combined, 28% of the entire nominal GDP of USA ($6.7 trillion then), and over 6% of world GDP at the time. |
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| About 35 million people live in the Greater Tokyo Area which encompasses Tōkyō-to and surrounding prefectures, making it the world's most populous metropolitan area. | | About 35 million people live in the Greater Tokyo Area which encompasses Tōkyō-to and surrounding prefectures, making it the world's most populous metropolitan area. |