HispanicBusiness

Japan remained 14th in dollar-based per-capita nominal gross domestic product in 2011 among the 34 member countries of the Organization for Economic Cooperation and Development, the Cabinet Office said Tuesday.

Last year, Japan's per-capita GDP came to 46,192 dollars, hitting a record high for the second straight year thanks to the yen's appreciation. Luxembourg remained top with 114,081 dollars, followed by Norway with 99,063 dollars and Switzerland with 83,966 dollars. The United States fell from eighth to 12th with 48,043 dollars.

Japan's total nominal GDP came to 5,904.7 billion dollars in 2011, marking an all-time high for the second consecutive year. But the country's share of global GDP fell 0.3 percentage point from 2010 to 8.4 pct.

The United States stayed top with total nominal GDP of 14,991.3 billion dollars.