Japan GDP

The Gross Domestic Product (GDP) in Japan was worth 5960 billion US dollars in 2012. The GDP value of Japan represents 9.61 percent of the world economy. GDP in Japan is reported by the The World Bank Group. From 1960 until 2012, Japan GDP averaged 2436.6 USD Billion reaching an all time high of 5960.0 USD Billion in December of 2012 and a record low of 44.3 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Japan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
5960.00 5900.00 5960.00 44.30 6083.27 | 2013/12 1960 - 2012 USD Billion Yearly

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Japan GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP Constant Prices 528044.10 2013-11-15 527161.90 529732.70 442493.10 531974.56 2014-03-31 JPY Billion [+]
Gdp Growth Annualized 0.70 2013-11-15 1.10 10.70 -15.20 4.50 2014-03-31 Percent [+]
Gross Fixed Capital Formation 108421.70 2013-11-15 106833.40 130410.40 96469.30 109441.53 2014-03-31 JPY Billion [+]
Gross National Product 525147.90 2013-11-15 525173.10 533789.00 456298.30 529535.15 2014-03-31 JPY Billion [+]
GDP Growth Rate 0.20 2013-12-31 0.30 3.20 -4.00 1.14 2014-03-31 Percent [+]
GDP Annual Growth Rate 2.60 2013-12-31 2.30 9.40 -9.40 3.50 2014-03-31 Percent [+]
GDP per capita 36938.01 2012-12-31 36160.76 37185.30 7079.44 37308.95 2013-12-31 USD [+]
GDP per capita PPP 31425.49 2012-12-31 30764.24 31635.88 17834.51 31638.56 2013-12-31 USD [+]
GDP 5960.00 2012-12-31 5900.00 5960.00 44.30 6083.27 2013-12-31 USD Billion [+]
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GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Bank of Japan Leaves Monetary Stimulus Unchanged  
At its April 8th, 2014 meeting, the Bank of Japan maintained its commitment to increase base money at an annual pace of 60 trillion to 70 trillion yen, as widely expected, despite a sales tax hike, saying the economy is recovering moderately.
Japan Unemployment Rate Falls to 3.6% in February  
Japan's jobless rate declined to the lowest in more than six years in February and the availability of jobs improved to the highest in more than six years.
Japan Annual Inflation Rate Up 1.5% in February  
The consumer price index for Japan in February 2014 was 100.7 (2010=100), the same level as the previous month, and up 1.5% over the year.
Japan Marks a Record 20-Month Run of Trade Deficits  
Japanese trade balance came to a deficit of ¥800.3 billion in February of 2014, narrower than a record gap of ¥2.8 trillion reported in January of 2014 but larger than a deficit of ¥781.3 billion reported in the same month of 2013.
BoJ Leaves Monetary Policy Unchanged  
Bank of Japan decided on March 11th to leave the monetary policy steady and keep buying enough government bonds to boost monetary base at an annual pace of about 60-70 trillion yen, saying the economy was picking up.
Japan GDP Growth Revised Down to 0.2% in Q4  
Japan's economy expanded 0.2 percent in the last three months of 2014 from the previous quarter, revised down from a preliminary 0.3 percent expansion due to slower growth in capital spending and private consumption.
Japanese Unemployment Rate Unchanged at 3.7% in January  
Japan's jobless rate held steady at the lowest level in six years in January and the number of employed persons increased 0.5% to 62.62 million.
Japanese Inflation Rate Levells Off in January  
Japan's consumer price index increased 1.4 percent on a year in January, down from 1.6 percent reported a month earlier. The cost of energy, transportation and food increased the most while prices of housing and medical care decreased.
Japan Reports Record Trade Deficit in January  
Japanese trade deficit widened to 2.79 trillion yen in January of 2014 from 1.6 trillion yen reported in the same month of 2013. Imports surged 25 percent while exports grew only 9.5 percent.
Bank of Japan Expands Loan Support Programme  
At its February 18th, 2014 meeting, the Bank of Japan decided to keep boosting the monetary base at an annual pace of about 60-70 trillion yen. The central bank also decided to extend two facilities that were set to expire in April, aiming to stimulate bank lending.
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LATEST NEWS

China’s Economy Expands 1.4% QoQ in Q1  
In the first three months of 2014, the Chinese GDP slowed for the third straight quarter. The economy expanded 1.4 percent quarter-on-quarter, down from a revised 1.7 percent increase in the last three months of 2013.
Malaysian Inflation Rate Unchanged in March  
Malaysian annual inflation remained steady at 3.5 percent in March of 2014, after accelerating in the previous six months. A slowdown in transport prices was enough to offset higher food, housing and gas prices.
Italian Trade Surplus Widens in February  
The trade surplus increased to EUR 2.6 billion in February of 2014, from a revised EUR 0.36 billion in the previous month, as exports increased at a faster pace than imports. Compared with a year earlier, the trade surplus more than doubled from EUR 1.05 billion.
Euro Area Inflation Rate Confirmed at 0.5% in March  
Euro area annual inflation was 0.5 percent in March of 2014, matching initial estimates and slowing from 0.7 percent in February. On a monthly basis, prices increased 0.9 percent, up from 0.3 percent in the previous month.
UK Unemployment Rate Down to 5-Year Low  
In the three months to February of 2014, UK jobless rate fell to 6.9 percent, down from 7.2 percent in the previous period. Pay growth rose 1.7 percent and caught up with inflation for the first time in nearly four years.
Chinese GDP Growth Slows in Q1  
China’s economy advanced 7.4 percent in the first quarter of 2014, slowing from a 7.7 percent expansion in the previous period, but beating market forecasts. It is the lowest growth since the third quarter of 2012, as exports and imports contracted and growth in fixed asset investment eased.
New Zealand Inflation Rate Slows in Q1  
The CPI increased 1.5 percent in the year to the March 2014 quarter, following a 1.6 percent increase in the year to the December 2013 quarter. About half of the annual increase came from housing and household utility prices, which increased 3.3 percent.
US Inflation Rate Up to 1.5% in March  
US annual consumer prices accelerated to 1.5 percent in March, boosted by higher shelter and food cost. On a monthly basis, the inflation rate edged up to 0.2 percent, following a 0.1 percent increase in February.
India Consumer Inflation Edges Up in March  
Indian annual consumer prices accelerated in March for the first time in four months to 8.31 percent, up from a revised 8.03 percent in February, driven by higher food prices.
Nigerian Inflation Rate Edges Up Slightly in March  
The annual consumer prices in Nigeria accelerated to 7.8 percent in March of 2014, from 7.7 percent recorded in February, as food cost edged up. Compared with the same period a year earlier, the inflation rate slowed down from 8.6 in March of 2013.
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