lost decade; decade of economic stagnation
Primarily refers to Japan's period of economic stagnation from the early 1990s to early 2000s, often specifically 1992–2002. Used in economic and historical discussions.
The Japanese economy struggled to recover from the lost decade.
Many companies went bankrupt during the lost decade.
The collapse of the asset price bubble in the early 1990s, which triggered the lost decade. バブル崩壊 is the event, while 失われた10年 describes the subsequent economic period.
Common spelling using Arabic numerals for the decade.
Kanji numeral variant; less common in modern economic contexts.
A fixed phrase calqued from English 'lost decade', referring to Japan's post-bubble economic stagnation. The term became widely used in economic and media discourse from the late 1990s onward.