Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

5 of 10
BACKNEXT
Japan
GDP -2.6%
Inflation 0%
Unemployment 4.1%
Markets -4.2%
Gallon of gas $4.09
Interest Rates 0.1%

Challenges The Nikkei hit another 26-year low in mid-March after rebounding slightly in the beginning of 2009. The housing crisis and inability to export goods that were once in high-demand have led to rising unemployment.

Solutions To ease credit, the government cut interest rates in October for first time in more than seven years, and trimmed them again in December. The Bank of Japan also unveiled a $100 billion plan to buy up bank loans. In October, the government unveiled a $275 billion stimulus package, including loans for small and medium-sized businesses, as well as tax rebate checks to households. Prime Minister Taro Aso called on the government to provide even more stimulus in March.

See stats for all 10 countries

NEXT: India
Last updated March 30 2009: 8:02 AM ET
Sources: IMF, national statistics offices, central banks, Nikkei 225, AIRINC
More Galleries
Drones are getting smaller and smarter These compact drones are built for racing, photography, education and some goofy fun. More
Top luxury hotel suites for business travelers For many people, you can't put a price on comfort. More
Million-dollar startups: These firms scored big sales their first year Their first year in business, these companies generated $1 million in sales. More

Special Offer