The Gross Domestic Product (GDP) in Japan expanded 0.50 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.

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.

GDP Growth Annualized in Japan increased to 2.20 percent in the second quarter of 2025 from 0.30 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.

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.

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.

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.

According to the second preliminary announcement in September 2025, the real gross domestic product (GDP) of Japan in the second quarter of 2025 increased by *** percent compared to the previous quarter. On a year-on-year basis, Japan's GDP rose by *** percent.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.

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: Economic growth: the rate of change of real GDP: The latest value from 2024 is 0.08 percent, a decline from 1.48 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for Japan from 1961 to 2024 is 3.32 percent. The minimum value, -5.69 percent, was reached in 2009 while the maximum of 12.88 percent was recorded in 1968.

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.

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.

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.

Historical dataset showing Japan economic growth by year from 1960 to 2018.

Graph and download economic data for Real Gross Domestic Product for Japan (JPNRGDPEXP) from Q1 1994 to Q2 2025 about Japan, real, and GDP.

The gross domestic product (GDP) of all G7 countries decreased sharply in 2009 and 2020 due to the financial crisis and COVID-19 pandemic, respectively. The growth decline was heavier after the COVID-19 pandemic than the financial crisis. Moreover, Italy had a negative GDP growth rate in 2012 and 2013 following the euro crisis. In 2023, Germany experienced an economic recession.

View quarterly updates and historical trends for Japan GDP QoQ. Source: Cabinet Office of Japan. Track economic data with YCharts analytics.

GDP per capita growth (annual %) in Japan was reported at 0.52067 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Japan GDP Growth Tracker: Yo2Y data was reported at 4.152 % in Apr 2023. This records an increase from the previous number of 3.585 % for Mar 2023. Japan GDP Growth Tracker: Yo2Y data is updated monthly, averaging 2.160 % from Jan 2006 (Median) to Apr 2023, with 208 observations. The data reached an all-time high of 12.561 % in May 2022 and a record low of -11.285 % in May 2020. Japan GDP Growth Tracker: Yo2Y data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.WT: GDP Growth Tracker: Monthly.

In 2023, the real value added by the accommodation and food service industry in Japan to the gross domestic product (GDP) grew by 20.4 percent compared to the previous year, making it the sector with the highest growth of that year. The real GDP of the transport and postal services industry grew by 8.9 percent.

Graph and download economic data for Gross Domestic Product for Japan (JPNNGDP) from Q1 1994 to Q2 2025 about Japan and GDP.