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.

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 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.

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.

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.

Key information about Japan GDP Deflator Growth

• Japan GDP deflator (implicit price deflator) increased 1.2 % in Dec 2022, compared with a drop of 0.3 % in the previous quarter.
• Japan GDP Deflator Growth data is updated quarterly, available from Mar 1981 to Dec 2022, with an average rate of 0.0 %.
• The data reached an all-time high of 5.1 % in Mar 1981 and a record low of -2.4 % in Mar 2010.

CEIC calculates GDP Deflator Growth from quarterly GDP Deflator. Economic and Social Research Institute provides GDP Deflator at chain linked 2015 prices. GDP Deflator Growth prior to Q1 1995 is calculated from GDP Deflator at 2000 prices.


Related information about Japan GDP Deflator Growth

• In the latest reports, Japan GDP expanded 0.6 % YoY in Dec 2022.
• Its Nominal GDP reached 991.9 USD bn 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.

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.

In 2024, Japan's core Consumer Price Index (CPI) for all items, excluding fresh food, grew by 2.5 percent year on year. The highest price level increase since 1990 was recorded in 2023 at 3.1 percent.

Japan GDP Growth Tracker: Yo2Y: High data was reported at 7.130 % in Apr 2023. This records an increase from the previous number of 6.472 % for Mar 2023. Japan GDP Growth Tracker: Yo2Y: High data is updated monthly, averaging 4.248 % from Jan 2006 (Median) to Apr 2023, with 208 observations. The data reached an all-time high of 17.161 % in Apr 2022 and a record low of -7.022 % in May 2020. Japan GDP Growth Tracker: Yo2Y: High 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.

The Gross Domestic Product per capita in Japan was last recorded at 37144.91 US dollars in 2024. The GDP per Capita in Japan is equivalent to 294 percent of the world's average. This dataset provides - Japan GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan Economic Growth: Gross Prefectural Domestic Product: 2015p data was reported at 3.900 % in 2023. This records an increase from the previous number of 3.800 % for 2022. Japan Economic Growth: Gross Prefectural Domestic Product: 2015p data is updated yearly, averaging 2.000 % from Mar 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 3.900 % in 2023 and a record low of -5.500 % in 2021. Japan Economic Growth: Gross Prefectural Domestic Product: 2015p data remains active status in CEIC and is reported by Statistics of Tokyo. The data is categorized under Global Database’s Japan – Table JP.A118: SNA 2008: Benchmark year=2015: TM: Related Indicators.

Japan: Research and development expenditure, percent of GDP: The latest value from 2022 is 3.41 percent, an increase from 3.28 percent in 2021. In comparison, the world average is 1.19 percent, based on data from 75 countries. Historically, the average for Japan from 1996 to 2022 is 3.11 percent. The minimum value, 2.64 percent, was reached in 1996 while the maximum of 3.41 percent was recorded in 2022.

In 2024, the labor force participation rate in Japan reached 63.3 percent. Japan's labor force participation rate has been on a general upward trend since 2012.

GDP from Services in Japan increased to 19914.40 JPY Billion in 2023 from 19906.10 JPY Billion in 2022. This dataset provides - Japan Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Counterfactual Tracker: % Change from Pre-Crisis Trend: Low data was reported at 2.109 % in Jan 2023. This records an increase from the previous number of -0.067 % for Oct 2022. GDP Counterfactual Tracker: % Change from Pre-Crisis Trend: Low data is updated quarterly, averaging -4.479 % from Jan 2020 (Median) to Jan 2023, with 13 observations. The data reached an all-time high of 6.094 % in Apr 2022 and a record low of -11.853 % in Apr 2020. GDP Counterfactual Tracker: % Change from Pre-Crisis Trend: Low 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: Quarterly.

Graph and download economic data for National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Japan (JPNGDPDEFAISMEI) from 1994 to 2022 about implicit price deflator, Japan, and GDP.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Japan (NAEXKP06JPA661S) from 1994 to 2022 about Japan, exports, goods, services, real, and GDP.

Graph and download economic data for Production: Manufacturing: Total Manufacturing for Japan (JPNPROMANAISMEI) from 1960 to 2022 about Japan, production, and manufacturing.