The Gross Domestic Product (GDP) in Japan expanded 0.60 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - Japan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the growth rate of the real gross domestic product (GDP) in Japan from 2019 to 2023, with projections up until 2029. In 2023, Japan's GDP increased by 1.68 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.

The Gross Domestic Product (GDP) in Japan expanded 1.20 percent in the fourth quarter of 2024 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.

During the "Golden Age of Capitalism", from 1950 to 1973, GDP grew by annual averages of just under five percent in Western Europe*, four percent in the U.S., and ten percent in Japan. This period of prosperity came to an end with the recession of 1973-1975, however GDP growth rates did not return to their previous levels when the recession ended, as growth was fairly sporadic in the 1970s and then much slower throughout the 1980s. From 1973 to 1987, GDP grew annually at just two fifth of the Golden Age's rate in Europe and Japan, while the U.S.' annual rates were somewhat closer.

One major difference between the two given periods was that the U.S. was the dominant and most influential economy of all developed (non-communist) countries in the 1950s and 1960s, however, the 1970s and 1980s saw Japan and the European Communities (led by West Germany and France) emerge as major economic powers in their own right. While the U.S. remained the most powerful country in the world, other developed nations became more economically autonomous, and began asserting their own influence internationally.

GDP Growth Annualized in Japan increased to 2.20 percent in the fourth quarter of 2024 from 1.40 percent in the third quarter of 2024. 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 second preliminary announcement in March 2025, the real gross domestic product (GDP) of Japan in the fourth quarter of 2024 increased by 0.6 percent (seasonally adjusted) and 2.2 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.

Full Year GDP Growth in Japan decreased to 0.10 percent in 2024 from 1.90 percent in 2023. This dataset includes a chart with historical data for Japan Full Year GDP Growth.

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.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

Japan JP: GDP: Growth data was reported at 1.713 % in 2017. This records an increase from the previous number of 0.938 % for 2016. Japan JP: GDP: Growth data is updated yearly, averaging 3.100 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 12.882 % in 1968 and a record low of -5.416 % in 2009. Japan JP: GDP: Growth 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: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

In the fiscal year 2021, Ehime Prefecture recorded the highest GDP growth in real terms in Japan, at 8.2 percent. The real GDP of Tokyo Prefecture grew by 2.9 percent year on year.

The Gross Domestic Product (GDP) in Japan was worth 4204.49 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Japan represents 3.99 percent of the world economy. This dataset provides - Japan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan JP: GDP: Growth: Adjusted Net National Income data was reported at 0.096 % in 2016. This records a decrease from the previous number of 3.846 % for 2015. Japan JP: GDP: Growth: Adjusted Net National Income data is updated yearly, averaging 2.513 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 7.832 % in 1972 and a record low of -5.281 % in 2009. Japan JP: GDP: Growth: Adjusted Net National Income 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: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

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.

Graph and download economic data for Real Gross Domestic Product for Japan (JPNRGDPEXP) from Q1 1994 to Q4 2024 about Japan, real, and GDP.

Graph and download economic data for Gross Domestic Product for Japan (JPNNGDP) from Q1 1994 to Q4 2024 about Japan and GDP.

Japan JP: GDP: Growth: Final Consumption Expenditure: Household: Include Discrepancy data was reported at 0.497 % in 2016. This records an increase from the previous number of -0.303 % for 2015. Japan JP: GDP: Growth: Final Consumption Expenditure: Household: Include Discrepancy data is updated yearly, averaging 2.304 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 9.243 % in 1972 and a record low of -1.062 % in 2014. Japan JP: GDP: Growth: Final Consumption Expenditure: Household: Include Discrepancy 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: Annual Growth Rate. Annual percentage growth of household final consumption expenditure is based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Japan JP: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at 0.176 % in 2016. This records an increase from the previous number of 0.074 % for 2015. Japan JP: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 1.928 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 7.897 % in 1973 and a record low of -1.976 % in 1974. Japan JP: GDP: Growth: Household Final Consumption Expenditure 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: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Japan JP: GDP: Growth: Final Consumption Expenditure: General Government data was reported at 1.311 % in 2016. This records a decrease from the previous number of 1.541 % for 2015. Japan JP: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging 3.488 % from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 12.592 % in 1975 and a record low of -0.421 % in 1974. Japan JP: GDP: Growth: Final Consumption Expenditure: General Government 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: Annual Growth Rate. Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Japan JP: GDP: Growth: GNI data was reported at -2.796 % in 2016. This records a decrease from the previous number of 1.566 % for 2015. Japan JP: GDP: Growth: GNI data is updated yearly, averaging 2.719 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 8.564 % in 1972 and a record low of -5.541 % in 2009. Japan JP: GDP: Growth: GNI 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: Annual Growth Rate. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;