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.

In 2023, the gross domestic product of Japan was estimated to be around 4.22 trillion U.S. dollars. This makes Japan third in the world GDP ranking. However, Japan's GDP is much closer to those countries below it in this ranking, as the two largest economies in the world, the U.S. and China, are both several times larger than that of Japan. After decades of rapid growth in the post-WWII era, Japan's economic growth has stagnated in recent decades, with figures fluctuating between four and 6.3 trillion U.S. dollars since the 1990s.

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.

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.

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.

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;

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: 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 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.

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

Japan Outstanding Debt: Economic Growth: Incl RM: % of Nominal GDP data was reported at 157.900 % in 2028. This records a decrease from the previous number of 161.200 % for 2027. Japan Outstanding Debt: Economic Growth: Incl RM: % of Nominal GDP data is updated yearly, averaging 170.950 % from Mar 2003 (Median) to 2028, with 26 observations. The data reached an all-time high of 190.400 % in 2019 and a record low of 116.900 % in 2003. Japan Outstanding Debt: Economic Growth: Incl RM: % of Nominal GDP data remains active status in CEIC and is reported by Cabinet Office. The data is categorized under Global Database’s Japan – Table JP.F007: Cental and Local Governments' Public Finance.

ABSTRACT From 1953 to 1992, Japan reached the highest economic growth rates among industrialized countries. This performance was achieved despite two oil shocks and the endaka - the continuous rise of the yen vis-à-vis the dollar. This long-term growth cycle came to a sudden halt in early 90’s. Japanese economy stagnated while other industrialized countries continued growing. This was mainly due to the “economic bubkle” burst. From 1990 to 1992, the value of urban land and of the stock market index were cut to almost half. As a result, Japanese banks accumulated US$ 800 billion performing assets. This paper intends to analyse the Japanese “bubble economy crisis” and its long-term impacts on the Japanese economy, on its financial system and on its bilateral relations with the United States.

GDP, billion currency units in Japan, December, 2024 The most recent value is 161974.9 billion Japanese Yen as of Q4 2024, an increase compared to the previous value of 149442.7 billion Japanese Yen. Historically, the average for Japan from Q1 1960 to Q4 2024 is 89669.91 billion Japanese Yen. The minimum of 3361 billion Japanese Yen was recorded in Q1 1960, while the maximum of 161974.9 billion Japanese Yen was reached in Q4 2024. | TheGlobalEconomy.com

In 2024, Japan's gross domestic product (GDP) grew by three percent at current prices, according to a first second announcement in March 2025. Adjusted for inflation, the GDP increased by 0.1 percent.