20 Countries with the Highest Purchasing Power Parity in the World in 2024

4. Japan  

GDP (PPP): $6.72 Trillion   

Estimated Share in the Global GDP (PPP): 3.62%

Japan has a highly advanced economy with a GDP of $6.72 trillion based on purchasing power parity. Japan is known for its strong manufacturing sector, particularly in electronics, automobiles, and robotics. Japan is a global leader in technology and innovation, with significant investments in research and development. Japan has a population of 122.63 million and has a per capita PPP GDP of $54,180. Japan holds a 3.62% of the global GDP (PPP). The country faces challenges like an aging population but remains a major economic power.