Taiwan to surpass Japan in GDP per capita this year: JCER

South Korea to pull ahead in 2023 as weak yen compounds low productivity

20221214N Taipei skyline

Taiwan's per capita gross domestic product is projected to grow 6.2% a year on average this decade. © Reuters

IORI KAWATE, Nikkei staff writer

BEIJING -- Japan is about to fall behind Taiwan and South Korea in terms of economic output per person, forecasts show, as the yen's plunge against the dollar accelerates a reversal driven by a productivity gap.

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