The Gross Domestic Product (GDP) in Japan was worth 4026.21 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Japan represents 3.79 percent of the world economy. This dataset provides - Japan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) in current prices in Japan was about 4.03 trillion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 2.90 trillion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 960 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The Gross Domestic Product (GDP) in Japan expanded 0.30 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Japan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Growth Annualized in Japan increased to 1 percent in the second quarter of 2025 from 0.60 percent in the first quarter of 2025. This dataset provides the latest reported value for - Japan GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

According to the first preliminary announcement in May 2025, the real gross domestic product (GDP) of Japan in the first quarter of 2025 decreased by 0.2 percent (seasonally adjusted) and 0.7 percent (annualized) compared to the previous quarter.GDP refers to the total market value of all goods and services that are produced within a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for the economic well-being of a country.

The statistic shows the growth rate of the real gross domestic product (GDP) in Japan from 2020 to 2024, with projections up until 2030. In 2023, Japan's GDP increased by 1.49 percent compared to the previous year. For comparison, the GDP growth rate of China had reached about 8.45 percent that same year.Gross domestic product growth rate in JapanGDP serves as one of the most heavily relied upon indicators to gauge the state and health of a country’s economy. GDP is the total market value of all final goods and services that have been produced within a nation’s borders in a given period of time, usually a year. GDP figures allow a more fundamental understanding of a country’s economy. Year-on-year GDP growth acts as a helpful and clear sign of the direction in which a country is moving in economic terms. Real GDP is especially useful and insightful as it takes price changes (inflation and deflation) into account.The gross domestic product growth rate in Japan has been shaky since the recession of 2008 struck the world economy like a bolt out of the blue and Japan is still yet to gain a solid foothold. Despite its ongoing financial predicament however, Japan remains one of the world’s most highly developed economies. The economy of Japan is the third largest worldwide by nominal GDP and the nation has a very active manufacturing sector. It is active in the auto manufacturing sector, the third largest in the world after the United States and China, and has an electronics industry that is counted among the worlds most innovative. Japan can boast many titles, but perhaps the most significant to its future stability is that which relates to its astronomical national debts, currently running at over 200 percent of GDP, roughly 10.5 trillion US dollars.

Graph and download economic data for Real Gross Domestic Product for Japan (JPNRGDPEXP) from Q1 1994 to Q1 2025 about Japan, real, and GDP.

GDP, billion currency units in Japan, June, 2025 The most recent value is 155521.5 billion Japanese Yen as of Q2 2025, a decline compared to the previous value of 156166.5 billion Japanese Yen. Historically, the average for Japan from Q1 1960 to Q2 2025 is 90167.6 billion Japanese Yen. The minimum of 3361 billion Japanese Yen was recorded in Q1 1960, while the maximum of 161552.3 billion Japanese Yen was reached in Q4 2024. | TheGlobalEconomy.com

The Gross Domestic Product (GDP) in Japan expanded 1.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Japan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan Economy Watchers: Diffusion Index: Current Economics Conditions: sa data was reported at 45.100 NA in Mar 2025. This records a decrease from the previous number of 45.600 NA for Feb 2025. Japan Economy Watchers: Diffusion Index: Current Economics Conditions: sa data is updated monthly, averaging 47.150 NA from Aug 2001 (Median) to Mar 2025, with 284 observations. The data reached an all-time high of 58.500 NA in Dec 2021 and a record low of 8.100 NA in Apr 2020. Japan Economy Watchers: Diffusion Index: Current Economics Conditions: sa data remains active status in CEIC and is reported by Cabinet Office. The data is categorized under Global Database’s Japan – Table JP.S074: Economy Watchers Survey: Seasonally Adjusted. [COVID-19-IMPACT]

Japan: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 4026.21 billion U.S. dollars, a decline from 4213.17 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for Japan from 1960 to 2024 is 2955.86 billion U.S. dollars. The minimum value, 47.42 billion U.S. dollars, was reached in 1960 while the maximum of 6272.36 billion U.S. dollars was recorded in 2012.

Japan: Percent of world GDP: The latest value from 2023 is 4 percent, a decline from 4.22 percent in 2022. In comparison, the world average is 0.53 percent, based on data from 188 countries. Historically, the average for Japan from 1980 to 2023 is 10.91 percent. The minimum value, 4 percent, was reached in 2023 while the maximum of 18.12 percent was recorded in 1994.

Key information about Japan Nominal GDP Growth

• Japan Nominal GDP Growth was reported at 3.995 % in Dec 2024.
• This records an increase from the previous number of 3.159 % for Sep 2024.
• Japan Nominal GDP Growth data is updated quarterly, averaging 1.523 % from Mar 1981 to Dec 2024, with 176 observations.
• The data reached an all-time high of 10.057 % in Jun 1990 and a record low of -8.446 % in Mar 2009.
• Japan Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Economic and Social Research Institute provides Nominal GDP in local currency based on SNA 2008. Nominal GDP Growth prior to Q1 1995 is based on SNA 1993.

Graph and download economic data for Gross Domestic Product for Japan (JPNNGDP) from Q1 1994 to Q1 2025 about Japan and GDP.

Key information about Japan Real GDP Growth

• The Gross Domestic Product (GDP) in Japan expanded 0.4 % YoY in Dec 2022, following a growth of 1.5 % in the previous quarter.
• Real GDP Growth YoY data in Japan is updated quarterly, available from Mar 1956 to Dec 2022, with an average rate of 3.2 %.
• The data reached an all-time high of 16.6 % in Mar 1960 and a record low of -10.4 % in Dec 1979.

CEIC calculates Real GDP Growth from quarterly Real GDP. Economic and Social Research Institute provides Real GDP in local currency, at chain linked 2015 prices. Real GDP Growth prior to Q1 1995 is calculated from Real GDP at 2000 prices. Real GDP Growth prior to Q1 1981 is calculated from GDP Volume Index with base 2010=100 sourced from the International Monetary Fund.


Related information about Japan Real GDP Growth

• In the latest reports, Nominal GDP of Japan reached 990.7 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 1.2 % in Dec 2022.
• GDP Per Capita in Japan reached 33,901.7 USD in Dec 2022.
• Its Gross Savings Rate was measured at 28.8 % in Mar 2022.
• For Nominal GDP contributions, Investment accounted for 26.6 % in Dec 2022.
• Public Consumption accounted for 22.3 % in Dec 2022.
• Private Consumption accounted for 55.2 % in Dec 2022.

Japan: Exports of goods and services as percent of GDP: The latest value from 2023 is 21.85 percent, an increase from 21.55 percent in 2022. In comparison, the world average is 45.02 percent, based on data from 162 countries. Historically, the average for Japan from 1970 to 2023 is 12.99 percent. The minimum value, 8.82 percent, was reached in 1995 while the maximum of 21.85 percent was recorded in 2023.

Japan JP: GDP: per Capita data was reported at 4,310,331.385 JPY in 2017. This records an increase from the previous number of 4,239,913.960 JPY for 2016. Japan JP: GDP: per Capita data is updated yearly, averaging 3,316,894.840 JPY from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 4,310,331.385 JPY in 2017 and a record low of 172,438.322 JPY in 1960. Japan JP: GDP: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank.WDI: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

In a survey conducted between May and June 2025, over ** percent of respondents evaluated the current economic condition in Japan as unfavorable, at least to some extent. Around **** percent of respondents rated the current economic condition as at least somewhat favorable.

Key information about Japan Nominal GDP

• Japan Nominal GDP reached 991.9 USD bn in Dec 2022, compared with 1,000.8 USD bn in the previous quarter.
• Nominal GDP in Japan is updated quarterly, available from Mar 1957 to Dec 2022, with an average number of 759.9 USD bn.
• The data reached an all-time high of 1,616.9 USD bn in Dec 2011 and a record low of 7.0 USD bn in Mar 1957.

CEIC converts quarterly Nominal GDP into USD. Economic and Social Research Institute provides annualized Nominal GDP in local currency based on SNA 2008 with benchmark year 2015. Federal Reserve Board average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 1994 is based on SNA 1993 with benchmark year 2000 and prior to Q1 1980 is based on SNA 1968.


Related information about Japan Nominal GDP

• In the latest reports, Japan GDP expanded 0.6 % YoY in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 1.2 % in Dec 2022.
• Japan GDP Per Capita reached 33,911.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 28.8 % in Mar 2022.
• For Nominal GDP contributions, Investment accounted for 27.3 % in Sep 2022.
• Public Consumption accounted for 22.3 % in Dec 2022.
• Private Consumption accounted for 55.2 % in Dec 2022.

Graph and download economic data for Gross Domestic Product for Japan (MKTGDPJPA646NWDB) from 1960 to 2024 about Japan and GDP.