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Japan's GDP Would Fall 2.3% if Rare Earth Supply Disrupted, IMF Analysis Shows

2026-07-28 01:53:41

According to an International Monetary Fund (IMF) analysis reported today (July 28) by Nikkei newspaper, Japan would face the largest economic impact among major economies if rare earth supplies are cut off, with GDP declining by 2.3%. The vulnerability stems from Japan's high dependence on the automotive industry, which relies heavily on rare earth elements for manufacturing.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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