Economy, jobs and prices in Wakayama, Japan: official figures
The gross prefectural product (the value of everything produced in the prefecture, at current prices) of Wakayama was 4.01 trillion yen in fiscal 2023 (April 2023 to March 2024), 8th smallest of 42 prefectures with published figures.
How fast is the economy of Wakayama growing?
The growth of the gross prefectural product at current prices in Wakayama was -0.4% in fiscal 2023 (April 2023 to March 2024), 2nd slowest growth of 42 prefectures with published figures.
Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copyWhat is the income per person in Wakayama?
Prefectural income per person (total income of residents and firms divided by population, not an average wage) in Wakayama was 3.46 million yen in fiscal 2023 (April 2023 to March 2024), 10th highest of 42 prefectures with published figures.
Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copyHow fast is income per person rising in Wakayama?
The growth of prefectural income per person in Wakayama was 0.3% in fiscal 2023 (April 2023 to March 2024), 2nd slowest growth of 42 prefectures with published figures.
Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copyHow many people work in Wakayama?
The number of people employed in workplaces located in the prefecture in Wakayama was 421,495 people in fiscal 2023 (April 2023 to March 2024), 4th fewest of 42 prefectures with published figures.
Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copyIs employment rising in Wakayama?
The change in the number of people employed in the prefecture in Wakayama was -0.4% in fiscal 2023 (April 2023 to March 2024), tied for 6th steepest fall of 42 prefectures with published figures.
Source: Economic and Social Research Institute, Cabinet Office, Government of Japan · saved copyWhat is the unemployment rate in Wakayama?
The unemployment rate (share of the labour force without work) in Wakayama was 3.9% in 2020, tied for 19th highest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow many jobs are available per job seeker in Wakayama?
The ratio of job openings to job seekers (Public Employment Security Office data) in Wakayama was 1.13 openings per jobseeker in 2024, tied for 11th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow many over-65s work in Wakayama?
The share of people aged 65 or over who are in work in Wakayama was 25.3% in 2020, tied for 23rd highest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow many people work in farming in Wakayama?
The share of workers in primary industry (farming, forestry, fishing) in Wakayama was 8.1% in 2020, 10th highest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow many people work in manufacturing in Wakayama?
The share of workers in secondary industry (manufacturing, construction, mining) in Wakayama was 21.5% in 2020, 15th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow many people work in services in Wakayama?
The share of workers in tertiary industry (services and trade) in Wakayama was 67.1% in 2020, tied for 20th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyWhat is the hourly pay for part-time work in Wakayama?
Women's part-time hourly pay in Wakayama was 1,190 yen per hour in 2024, 14th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyWhat is the starting salary for school leavers in Wakayama?
The monthly scheduled pay of newly hired male high-school graduates in Wakayama was 207.4 thousand yen in 2024, 7th highest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyWhat is the average household income in Wakayama?
The average annual income per household (national survey of household income) in Wakayama was 4,796 thousand yen in 2019, 8th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow much does a household spend per month in Wakayama?
Average monthly household spending (households of two or more people) in Wakayama was 265.7 thousand yen in 2024, 4th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyAre prices high in Wakayama?
The regional consumer price index for all items (Japan = 100) in Wakayama was 98.2 in 2024, 16th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow expensive is it to live in Wakayama excluding rent?
The regional consumer price index excluding rent (Japan = 100) in Wakayama was 98.9 in 2024, tied for 16th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow expensive is food in Wakayama?
The regional price index for food (Japan = 100) in Wakayama was 98.9 in 2024, 20th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow expensive is housing in Wakayama?
The regional price index for housing (Japan = 100) in Wakayama was 89.0 in 2024, 16th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyAre house prices rising in Wakayama?
The change in standard residential land prices over the year in Wakayama was -0.6% in 2024, tied for 11th biggest fall of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow much do people in Wakayama have in bank deposits?
Domestic bank deposits per person in Wakayama was 5,250,000 yen in 2024, 21st highest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow productive is manufacturing in Wakayama?
The value of manufactured goods shipped per manufacturing worker in Wakayama was 54,834,000 yen in 2023, 8th highest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow many mobile phone contracts are there in Wakayama?
The number of mobile phone contracts per 1,000 people in Wakayama was 1,035 in 2023, 12th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow good are the roads in Wakayama?
The share of main roads that are paved in Wakayama was 96.5% in 2023, 9th lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow many people in Wakayama have mains water?
The share of the population served by public water supply in Wakayama was 96.7% in 2023, 23rd highest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow many people in Wakayama are connected to sewers?
The share of the population served by sewerage in Wakayama was 30.2% in 2023, 2nd lowest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow many empty homes are there in Wakayama?
The share of homes that are vacant in Wakayama was 21.2% in 2023, 2nd highest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow many people own their home in Wakayama?
The home ownership rate in Wakayama was 73.8% in 2023, 5th highest of 47 prefectures.
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copyHow Wakayama compares with other prefectures
Gross prefectural product, current prices (fiscal 2023 (April 2023 to March 2024))
Wakayama ranks 35 of 42, highest first. Cabinet Office Prefectural Accounts; 42 prefectures published for fiscal 2023
| Rank | Region | Gross prefectural product, current prices |
|---|---|---|
| 32 | Yamagata | 4.77 trillion yen |
| 33 | Okinawa | 4.64 trillion yen |
| 34 | Aomori | 4.62 trillion yen |
| 35 | Wakayama | 4.01 trillion yen |
| 36 | Fukui | 3.95 trillion yen |
| 37 | Akita | 3.74 trillion yen |
| 38 | Yamanashi | 3.68 trillion yen |
Prefectural income per person (fiscal 2023 (April 2023 to March 2024))
Wakayama ranks 10 of 42, highest first. Cabinet Office Prefectural Accounts; 42 prefectures published for fiscal 2023
| Rank | Region | Prefectural income per person |
|---|---|---|
| 7 | Gunma | 3.52 million yen |
| 8 | Toyama | 3.50 million yen |
| 9 | Shiga | 3.46 million yen |
| 10 | Wakayama | 3.46 million yen |
| 11 | Osaka | 3.45 million yen |
| 12 | Mie | 3.44 million yen |
| 13 | Shimane | 3.35 million yen |
Unemployment rate (2020 census) (2020)
Wakayama ranks 21 of 47, highest first. Census 2020 definition, not the monthly labour force survey
| Rank | Region | Unemployment rate (2020 census) |
|---|---|---|
| 18 | Kagoshima | 4.0% |
| 19 | Ibaraki | 3.9% |
| 20 | Yamanashi | 3.9% |
| 21 | Wakayama | 3.9% |
| 22 | Kumamoto | 3.9% |
| 23 | Iwate | 3.8% |
| 24 | Gunma | 3.8% |
Job openings per job seeker (2024)
Wakayama ranks 36 of 47, highest first. Annual average, Ministry of Health, Labour and Welfare
| Rank | Region | Job openings per job seeker |
|---|---|---|
| 33 | Mie | 1.16 openings per jobseeker |
| 34 | Nara | 1.15 openings per jobseeker |
| 35 | Tokushima | 1.14 openings per jobseeker |
| 36 | Wakayama | 1.13 openings per jobseeker |
| 37 | Kagoshima | 1.13 openings per jobseeker |
| 38 | Shizuoka | 1.11 openings per jobseeker |
| 39 | Aomori | 1.10 openings per jobseeker |
Annual income per household (thousand yen) (2019)
Wakayama ranks 40 of 47, highest first. Survey year 2019, the latest in the table
| Rank | Region | Annual income per household (thousand yen) |
|---|---|---|
| 37 | Aomori | 4,952 thousand yen |
| 38 | Fukuoka | 4,849 thousand yen |
| 39 | Ehime | 4,846 thousand yen |
| 40 | Wakayama | 4,796 thousand yen |
| 41 | Nagasaki | 4,749 thousand yen |
| 42 | Oita | 4,701 thousand yen |
| 43 | Miyazaki | 4,658 thousand yen |
Consumer price level, all items (Japan = 100) (2024)
Wakayama ranks 32 of 47, highest first. Regional difference index with Japan = 100
| Rank | Region | Consumer price level, all items (Japan = 100) |
|---|---|---|
| 29 | Ehime | 98.6 |
| 30 | Aomori | 98.5 |
| 31 | Shizuoka | 98.3 |
| 32 | Wakayama | 98.2 |
| 33 | Aichi | 98.1 |
| 34 | Nara | 98.1 |
| 35 | Niigata | 98.0 |
More on Wakayama: overview · health · education and schools · poverty and living standards · government budget · Japan
Sources
- Economic and Social Research Institute, Cabinet Office, Government of Japan: Prefectural Accounts FY2011-FY2023, summary table 10: persons employed in the prefecture (by workplace), read 23 October 2026 · saved copy (SHA-256 55c5e5c6ba36…)
- Economic and Social Research Institute, Cabinet Office, Government of Japan: Prefectural Accounts 1968-... FY2011-FY2023 (2008 SNA, 2015 base), summary table 1: gross prefectural product (nominal), read 23 October 2026 · saved copy (SHA-256 264f5d5c24dc…)
- Economic and Social Research Institute, Cabinet Office, Government of Japan: Prefectural Accounts FY2011-FY2023, summary table 7: prefectural income per person, read 23 October 2026 · saved copy (SHA-256 e3802459b8d1…)
- Statistics Bureau of Japan, Ministry of Internal Affairs and Communications: Statistical Observations of Prefectures 2026 (Tōkei de miru todōfuken no sugata), full volume, read 23 October 2026 · saved copy (SHA-256 b69774a5f40c…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.