GDP growth in the U.S., Japan and Europe per decade 1961 1990

In the 1960s, Japan's GDP grew by an average of almost 11 percent per year, outpacing all of the major developed economies of Europe, as well as the United States - although, virtually all developed economies saw significant growth in this decade. The recession of 1973-1975 brought this to an end, and growth fluctuated throughout the decade. GDP growth rates fell in most countries again in the 1980s; however, rates were much more stagnant as countries implemented financial policies that stabilized inflation and unemployment.