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Economy, jobs and prices in Iwate, Japan: official figures

The gross prefectural product (the value of everything produced in the prefecture, at current prices) of Iwate was 4.90 trillion yen in fiscal 2023 (April 2023 to March 2024), 12th smallest of 42 prefectures with published figures.

How fast is the economy of Iwate growing?

The growth of the gross prefectural product at current prices in Iwate was 3.1% in fiscal 2023 (April 2023 to March 2024), 15th slowest growth of 42 prefectures with published figures.

Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copy

What is the income per person in Iwate?

Prefectural income per person (total income of residents and firms divided by population, not an average wage) in Iwate was 2.83 million yen in fiscal 2023 (April 2023 to March 2024), 5th lowest of 42 prefectures with published figures.

Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copy

How fast is income per person rising in Iwate?

The growth of prefectural income per person in Iwate was 5.9% in fiscal 2023 (April 2023 to March 2024), 18th fastest growth of 42 prefectures with published figures.

Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copy

How many people work in Iwate?

The number of people employed in workplaces located in the prefecture in Iwate was 622,870 people in fiscal 2023 (April 2023 to March 2024), 13th fewest of 42 prefectures with published figures.

Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copy

Is employment rising in Iwate?

The change in the number of people employed in the prefecture in Iwate was -1.0% in fiscal 2023 (April 2023 to March 2024), 2nd steepest fall of 42 prefectures with published figures.

Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copy

What is the unemployment rate in Iwate?

The unemployment rate (share of the labour force without work) in Iwate was 3.8% in 2020, tied for 21st lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How many jobs are available per job seeker in Iwate?

The ratio of job openings to job seekers (Public Employment Security Office data) in Iwate was 1.19 openings per jobseeker in 2024, 19th lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

What share of women in Iwate are in work or looking for work?

The share of women aged 15 or over in the labour force in Iwate was 50.8% in 2020, tied for 13th highest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

What share of men in Iwate are in work or looking for work?

The share of men aged 15 or over in the labour force in Iwate was 68.3% in 2020, 5th highest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How many over-65s work in Iwate?

The share of people aged 65 or over who are in work in Iwate was 27.5% in 2020, 7th highest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How many people work in farming in Iwate?

The share of workers in primary industry (farming, forestry, fishing) in Iwate was 9.6% in 2020, 4th highest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How many people work in manufacturing in Iwate?

The share of workers in secondary industry (manufacturing, construction, mining) in Iwate was 24.3% in 2020, 21st highest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How many people work in services in Iwate?

The share of workers in tertiary industry (services and trade) in Iwate was 64.3% in 2020, 15th lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

What is the hourly pay for part-time work in Iwate?

Women's part-time hourly pay in Iwate was 1,088 yen per hour in 2024, the lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

What is the starting salary for school leavers in Iwate?

The monthly scheduled pay of newly hired male high-school graduates in Iwate was 191.7 thousand yen in 2024, tied for 16th lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

What is the average household income in Iwate?

The average annual income per household (national survey of household income) in Iwate was 5,282 thousand yen in 2019, 17th lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How much does a household spend per month in Iwate?

Average monthly household spending (households of two or more people) in Iwate was 313.4 thousand yen in 2024, 18th highest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Are prices high in Iwate?

The regional consumer price index for all items (Japan = 100) in Iwate was 100.0 in 2024, tied for 10th highest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How expensive is it to live in Iwate excluding rent?

The regional consumer price index excluding rent (Japan = 100) in Iwate was 100.5 in 2024, tied for 10th highest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How expensive is food in Iwate?

The regional price index for food (Japan = 100) in Iwate was 98.7 in 2024, tied for 16th lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How expensive is housing in Iwate?

The regional price index for housing (Japan = 100) in Iwate was 95.7 in 2024, 13th highest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Are house prices rising in Iwate?

The change in standard residential land prices over the year in Iwate was -0.2% in 2024, tied for 20th biggest rise of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How much do people in Iwate have in bank deposits?

Domestic bank deposits per person in Iwate was 4,438,000 yen in 2024, 8th lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How productive is manufacturing in Iwate?

The value of manufactured goods shipped per manufacturing worker in Iwate was 36,085,000 yen in 2023, 19th lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How many mobile phone contracts are there in Iwate?

The number of mobile phone contracts per 1,000 people in Iwate was 1,020 in 2023, 4th lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How good are the roads in Iwate?

The share of main roads that are paved in Iwate was 92.1% in 2023, the lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How many people in Iwate have mains water?

The share of the population served by public water supply in Iwate was 93.7% in 2023, tied for 10th lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How many people in Iwate are connected to sewers?

The share of the population served by sewerage in Iwate was 63.6% in 2023, tied for 13th lowest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How many empty homes are there in Iwate?

The share of homes that are vacant in Iwate was 17.3% in 2023, tied for 11th highest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How many people own their home in Iwate?

The home ownership rate in Iwate was 70.3% in 2023, 14th highest of 47 prefectures.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How Iwate compares with other prefectures

Gross prefectural product, current prices (fiscal 2023 (April 2023 to March 2024))

Iwate ranks 31 of 42, highest first. Cabinet Office Prefectural Accounts; 42 prefectures published for fiscal 2023

RankRegionGross prefectural product, current prices
28Oita5.09 trillion yen
29Toyama5.06 trillion yen
30Nagasaki4.99 trillion yen
31Iwate4.90 trillion yen
32Yamagata4.77 trillion yen
33Okinawa4.64 trillion yen
34Aomori4.62 trillion yen
Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copy

Prefectural income per person (fiscal 2023 (April 2023 to March 2024))

Iwate ranks 38 of 42, highest first. Cabinet Office Prefectural Accounts; 42 prefectures published for fiscal 2023

RankRegionPrefectural income per person
35Akita2.89 million yen
36Aomori2.88 million yen
37Ehime2.87 million yen
38Iwate2.83 million yen
39Nagasaki2.78 million yen
40Kochi2.75 million yen
41Tottori2.61 million yen
Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copy

Unemployment rate (2020 census) (2020)

Iwate ranks 23 of 47, highest first. Census 2020 definition, not the monthly labour force survey

RankRegionUnemployment rate (2020 census)
20Yamanashi3.9%
21Wakayama3.9%
22Kumamoto3.9%
23Iwate3.8%
24Gunma3.8%
25Chiba3.8%
26Shizuoka3.8%
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Job openings per job seeker (2024)

Iwate ranks 29 of 47, highest first. Annual average, Ministry of Health, Labour and Welfare

RankRegionJob openings per job seeker
26Kyoto1.23 openings per jobseeker
27Kumamoto1.22 openings per jobseeker
28Osaka1.21 openings per jobseeker
29Iwate1.19 openings per jobseeker
30Fukuoka1.18 openings per jobseeker
31Nagasaki1.18 openings per jobseeker
32Tochigi1.16 openings per jobseeker
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Annual income per household (thousand yen) (2019)

Iwate ranks 31 of 47, highest first. Survey year 2019, the latest in the table

RankRegionAnnual income per household (thousand yen)
28Kagawa5,348 thousand yen
29Hiroshima5,323 thousand yen
30Kyoto5,316 thousand yen
31Iwate5,282 thousand yen
32Akita5,274 thousand yen
33Kumamoto5,026 thousand yen
34Osaka5,022 thousand yen
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Consumer price level, all items (Japan = 100) (2024)

Iwate ranks 10 of 47, highest first. Regional difference index with Japan = 100

RankRegionConsumer price level, all items (Japan = 100)
7Miyagi100.6
8Saitama100.3
9Okinawa100.2
10Iwate100.0
11Shimane100.0
12Kochi100.0
13Yamaguchi99.9
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

More on Iwate: overview · health · education and schools · poverty and living standards · government budget · Japan

Sources

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