Japan | Economic Forecasts | 2015-2050 Outlook

Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 121.73 124 125 129 123 114 [+]
Stock Market 19136.32 19600 19000 18400 18000 22000 Index points [+]
Government Bond 10Y 0.38 0.45 0.5 0.55 0.5 1.5 percent [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 4601.46 4553 4772 4619 4638 4945 USD Billion [+]
GDP Growth Rate -0.40 0.7 0.7 0.6 0.3 0.49 percent [+]
GDP Growth Annualized -1.60 2.78 3.1 2.5 1.8 3.26 percent [+]
GDP Annual Growth Rate 0.70 1.4 1.8 1.5 2.3 2.08 percent [+]
GDP Constant Prices 528359.20 524839 535797 529357 529162 585808 JPY Billion [+]
Gross National Product 537319.60 540689 525376 545067 546114 563911 JPY Billion [+]
GDP per capita 37595.18 37361 37226 37304 37381 38543 USD [+]
Gross Fixed Capital Formation 109951.20 110212 111043 111136 111439 116473 JPY Billion [+]
GDP per capita PPP 35634.97 35516 35521 35493 35466 35015 USD [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 3.30 3.26 3.4 3.4 3.5 3.09 percent [+]
Employed Persons 63780.00 63780 63781 63780 63781 63780 Thousand [+]
Unemployed Persons 2200.00 2188 2172 2159 2148 2111 Thousand [+]
Job Vacancies 868.59 876 881 882 878 924 Thousand [+]
Youth Unemployment Rate 5.50 5.5 5.55 5.55 5.55 5.55 percent [+]
Productivity 99.60 105 99.99 110 101 101 Index Points [+]
Labor Force Participation Rate 59.60 59.6 59.4 58.83 60.06 60.28 percent [+]
Wages 517.78 324 470 336 435 364 JPY Thousand/Month [+]
Wages in Manufacturing 549.10 341 458 345 409 831 JPY THO/Month [+]
Population 127.02 127 127 127 126 125 Million [+]
Retirement Age Women 61.00 61 61 61 61 61 [+]
Retirement Age Men 61.00 61 61 61 61 61 [+]
Full Time Employment 20673.00 20602 20582 20587 20589 20589 Thousand Persons [+]
Job Advertisements 381.34 396 396 396 396 396 Thousand [+]
Long Term Unemployment Rate 3.60 3.6 3.6 3.6 3.6 3.6 [+]
Minimum Wages 780.00 780 780 800 800 850 JPY/Hour [+]
Part Time Employment 7040.00 7074 7118 7162 7205 7989 Thousand Persons [+]
Wage Growth -2.40 0.46 0.33 0.23 0.8 1.06 percent [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 0.20 0.3 0.7 1.2 1.3 3 percent [+]
Inflation Rate Mom -0.10 0.17 0.15 0.09 0.07 0.58 percent [+]
Consumer Price Index CPI 103.70 104 104 105 105 110 Index Points [+]
Core Inflation Rate 0.00 -0.3 0.6 1.2 1.1 1.48 percent [+]
Core Consumer Prices 103.40 104 104 104 104 107 Index Points [+]
GDP Deflator 95.70 91.42 96.84 94.3 95.81 97.16 Index Points [+]
Producer Prices 103.40 104 103 105 105 110 Index Points [+]
Export Prices 114.00 113 113 113 113 113 Index Points [+]
Import Prices 116.90 115 115 115 115 115 Index Points [+]
Food Inflation 2.50 2.6 2.5 2.35 2.38 2.8 percent [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 0.00 0 0 0 0 0.25 percent [+]
Interbank Rate 0.10 0.11 0.14 0.18 0.23 0.5 percent [+]
Money Supply M0 86693.80 86146 86524 86460 86286 86348 JPY Billion [+]
Money Supply M1 619195.70 621688 621873 621800 621876 621959 JPY Billion [+]
Money Supply M2 911430.70 917016 924715 932706 940524 1068651 JPY Billion [+]
Money Supply M3 1226343.20 1232490 1241732 1250913 1259865 1407538 JPY Billion [+]
Central Bank Balance Sheet 354294.10 358352 363121 365517 366085 250942 JPY Billion [+]
Foreign Exchange Reserves 1242316.00 1239308 1235914 1233137 1230722 1307306 USD Million [+]
Loans to Private Sector 425614.70 424370 424681 423922 423978 448544 JPY Billion [+]
Foreign Stock Investment -461.90 78.31 67.5 -1528 -1528 351 JPY Billion [+]
Foreign Bond Investment -273.80 147 112 1111 1112 112 percent [+]
Loan Growth 2.60 2.64 2.66 2.68 2.69 2.71 percent [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade -268.06 -1.16 -80.23 -18.55 -83.45 -222 JPY Billion [+]
Exports 6663.77 6434 6366 6303 6248 7027 JPY Billion [+]
Imports 6931.82 6792 6721 6653 6590 8049 JPY Billion [+]
Current Account 558.60 1528 1234 1406 1336 1246 JPY Billion [+]
Current Account to GDP 0.50 0.97 1.2 1.3 1.41 0.54 percent [+]
External Debt 340373.00 357505 365324 372558 380119 495578 JPY Billion [+]
Terms of Trade 97.50 98.1 98.86 99.67 100 97.37 Index Points [+]
Foreign Direct Investment -166.00 9572 9974 10284 10323 10328 JPY Hundreds Million [+]
Capital Flows -2767.00 10972 4495 16027 12245 15247 JPY HML [+]
Tourist Arrivals 1918400.00 1328061 1335731 2029968 2095020 1624794 [+]
Gold Reserves 765.20 765 765 765 765 765 Tonnes [+]
Crude Oil Production 5.00 4.68 4.68 4.68 4.68 4.68 BBL/D/1K [+]
Tourism Revenues 162012000.00 180795562 177788248 171631120 173152550 173758904 JPY Thousand [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget -7.70 -6.2 -6.08 -6.92 -6.75 -6 percent of GDP [+]
Government Debt to GDP 230.00 234 235 236 237 267 percent [+]
Government Budget Value 10391.00 -68929 -80136 -53588 -75471 -66023 JPY HND Million [+]
Government Spending 103399.00 103733 104078 104450 104808 110812 JPY Billion [+]
Credit Rating 81.68 [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Business Confidence 15.00 15.08 11.9 7.57 6.78 27.41 [+]
Manufacturing PMI 51.90 51.89 51.72 51.2 50.82 50.89 [+]
Industrial Production 2.30 1.9 3.4 3.33 3.55 2.45 percent [+]
Industrial Production Mom 0.80 0.25 0.01 -0.03 -0.05 0.09 percent [+]
Manufacturing Production 2.10 2.75 2.36 2.63 2.27 2.28 percent [+]
Capacity Utilization 97.10 98.26 99.64 101 102 100 Index Points [+]
Leading Economic Index 106.50 107 108 108 108 110 Index Points [+]
New Orders 1022.17 1054 1029 1032 1028 1027 JPY Billion [+]
Machinery Orders -7.90 -0.35 0.2 1.64 0.71 0.72 percent [+]
Changes in Inventories -630.90 -1132 -1006 -1317 -1316 -1458 JPY Billion [+]
Bankruptcies 787.00 811 819 837 857 787 Companies [+]
Corporate Profits 17532.05 14306 21670 16764 15751 15860 JPY Billion [+]
Coincident Index 112.30 112 112 112 112 112 [+]
Economy Watchers Survey 51.60 50.12 48.51 52.39 51.68 50.17 [+]
Car Registrations 245680.00 254789 244481 244074 248057 218396 Cars [+]
Car Production 683472.00 654133 654085 654085 654085 654085 [+]
Competitiveness Index 5.47 5.43 5.43 5.47 5.48 5.39 Points [+]
Competitiveness Rank 6.00 6.13 6.13 7.6 8.08 7.5 [+]
Corruption Index 76.00 77.7 78.72 78.5 78.28 76.11 Points [+]
Corruption Rank 15.00 14 15 15 15 19.8 [+]
Ease of Doing Business 29.00 31.06 31.56 32.2 32.84 44.36 [+]
Mining Production -10.55 0.3 1.26 1.42 1.5 0.58 percent [+]
Services Pmi 51.20 50.99 50.96 50.96 50.96 50.96 Index Points [+]
Small Business Sentiment 0.00 2 1 -4 -6 -12 [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Confidence 40.30 40.3 39.86 39.84 39.98 43.9 [+]
Retail Sales MoM 1.70 -0.08 0.04 -0.03 -0.06 0.79 percent [+]
Retail Sales YoY 1.60 2 2.13 2.38 2.97 3.27 percent [+]
Household Spending -0.20 1.44 1.4 0.19 -0.61 1.45 percent [+]
Consumer Spending 306500.20 305857 305923 308941 309636 325980 JPY Billion [+]
Disposable Personal Income 472.06 378 790 390 484 858 Thousands JPY [+]
Personal Savings 24.10 2.07 48.62 -0.21 42.7 17.78 percent [+]
Bank Lending Rate 1.15 1.15 1.18 1.2 1.22 1.27 percent [+]
Consumer Credit 231062.00 234634 236124 237679 238955 249190 JPY Billion [+]
Gasoline Prices 1.15 1.14 1.14 1.15 1.15 1.22 USD/Liter [+]
Housing Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Housing Index 104.94 107 107 110 107 107 Index Points [+]
Housing Starts 5.80 5.41 3.67 0.71 1.45 10 percent [+]
Construction Orders 15.40 7.17 7.42 7.2 7.47 7.47 percent [+]
Home Ownership Rate 61.90 61.99 62.03 62.06 62.09 62.49 percent [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 33.06 33.06 33.06 33.06 33.06 32.33 percent [+]
Personal Income Tax Rate 50.84 50.66 50.66 50.63 50.6 50.84 percent [+]
Sales Tax Rate 8.00 8 8 8 8 10 percent [+]
Social Security Rate 29.25 29.25 29.25 29.25 29.25 33.72 percent [+]
Social Security Rate For Companies 15.02 15.02 15.02 15.02 15.02 18.77 percent [+]
Social Security Rate For Employees 14.22 14.22 14.22 14.22 14.22 13.09 percent [+]



Economic Forecasts for Japan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Japan economy. 8/30/2015