Japan GDP Growth Rate 1980-2015 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Japan contracted 0.40 percent in the second quarter of 2015 over the previous quarter. GDP Growth Rate in Japan averaged 0.49 percent from 1980 until 2015, reaching an all time high of 3.20 percent in the second quarter of 1990 and a record low of -4 percent in the first quarter of 2009. GDP Growth Rate in Japan is reported by the Cabinet Office, Japan.

Japan GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-0.40 1.00 3.20 -4.00 1980 - 2015 percent Quarterly
Japan's industrialized, free market economy is the third biggest in the world. Japan has the largest electronics industry and the third largest automobile industry in the world. Japan’s economy is well-known by its efficiency and competitiveness in exports oriented sectors, but productivity is lower in areas such as agriculture, distribution, and services. This page provides - Japan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Japan GDP Growth Rate - was last refreshed on Friday, September 4, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-20 12:50 AM Q1 0.6% 0.3%(R) 0.4% 0.19%
2015-06-08 12:50 AM Q1 1% 0.3% 0.7% 0.6%
2015-08-17 12:50 AM Q2 -0.4% 1.1%(R) -0.5% -0.4%
2015-09-08 12:50 AM Q2 1% -0.4% -0.4%
2015-11-16 11:50 PM Q3 0.7%
2015-12-07 11:50 PM Q3


Japan GDP Shrinks in Q2


The Japanese economy contracted 0.4 percent quarter-on-quarter in the three months to June of 2015, slightly lower than market expectations. It is the first contraction since the third quarter of 2014, due to a slump in private and external demand.

According to first preliminary report, private demand declined 0.4 percent, subtracting 0.3 percentage point to growth. Private consumption, which accounts for about 60 percent of the economy, fell 0.8 percent, substracting 0.4 percent to growth. Private non-resential investment dropped 0.1 percent. In contrast, private residential investment grew 1.9 percent, adding 0.1 percentage point to growth.

Exports declined by 4.4 percent, substracting 0.8 percentage poin from growth. Imports also declined by 2.6 percent, contributing 0.5 percentage point to growth. 

In contrast, public demand grew by 0.8 percent in the June quarter, contributing 0.2 percentage point to growth. Government consumption expanded 0.4 percent, contributing 0.1 percentage point to growth. Public investment grew 2.6 percent, also adding 0.1 percentage point to growth.

The second quarter gross domestic product figure translated into an annualised contraction of 1.6 percent. It is also the first contraction since the September quarter of 2014.

Japan Cabinet Office l Rida Husna l rida@tradingeconomics.com
8/17/2015 9:36:27 AM


Recent Releases

Japan GDP Growth Revised up to 1%
Japan's economy advanced 1 percent in the first three months of 2015, revised up from an initial estimate of 0.6 percent growth. This was a second quarter of expansion, following a recession last year.
Published on 2015-06-08

Japanese GDP Growth Beats Expectations
Japanese economy expanded by 0.6 percent in the first quarter of 2015 following downwardly revised 0.3 percent rise in the last three months of 2014. The growth was supported by private demand as businesses increased spending boosting inventories and personal consumption was better than expected.
Published on 2015-05-20

Japan's GDP Growth Revised Down to 0.4% in Q4
Japan's GDP advanced 0.4 percent quarted-on-quarter in October to December period, against a preliminary reading of a 0.6 percent as upward revision in public demand was not enough to offset a weaker growth in private demand.
Published on 2015-03-09

Japanese Economy Emerges from Recession
Japanese GDP advanced 0.6 percent in the last three months of 2014, following two consecutive quarters of contraction. The expansion came below market expectations as gains in exports and private consumption disappointed.
Published on 2015-02-16


Japan GDP Last Previous Highest Lowest Unit
GDP 4601.46 4919.56 5954.48 44.30 USD Billion [+]
GDP Growth Rate -0.40 1.00 3.20 -4.00 percent [+]
GDP Growth Annualized -1.60 4.50 12.90 -15.10 percent [+]
GDP Annual Growth Rate 0.70 -1.00 9.40 -9.40 percent [+]
GDP Constant Prices 528359.20 530482.30 535011.00 263584.00 JPY Billion [+]
Gross National Product 537319.60 534692.50 537319.60 263297.50 JPY Billion [+]
GDP per capita 37595.18 37573.37 37595.18 7079.43 USD [+]
Gross Fixed Capital Formation 109951.20 109093.70 132062.90 71463.10 JPY Billion [+]
GDP per capita PPP 35634.97 35614.31 35634.97 29549.50 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.20 Jun/15 0.90 4.40 -2.00 percent [+]
Brazil -1.90 Jun/15 -0.70 3.90 -3.90 percent [+]
Canada -0.10 Jun/15 -0.10 3.33 -1.80 percent [+]
China 1.70 Jun/15 1.40 2.50 1.40 percent [+]
Euro Area 0.30 Jun/15 0.40 1.30 -2.90 percent [+]
France 0.00 Jun/15 0.60 7.70 -5.00 percent [+]
Germany 0.40 Jun/15 0.30 2.00 -4.50 percent [+]
India 2.06 Mar/15 1.36 5.30 -1.70 percent [+]
Indonesia 3.78 Jun/15 -0.18 3.83 -3.57 percent [+]
Italy 0.30 Jun/15 0.40 6.00 -3.00 percent [+]
Japan -0.40 Jun/15 1.00 3.20 -4.00 percent [+]
Mexico 0.50 Jun/15 0.40 2.90 -6.60 percent [+]
Netherlands 0.10 Jun/15 0.60 2.00 -2.20 percent [+]
Russia -1.29 Mar/15 -0.55 4.10 -5.40 percent [+]
South Korea 0.30 Jun/15 0.80 6.80 -7.00 percent [+]
Spain 1.00 Jun/15 0.90 1.60 -1.60 percent [+]
Switzerland 0.20 Jun/15 -0.20 2.10 -1.90 percent [+]
Turkey 1.30 Mar/15 0.80 6.69 -7.57 percent [+]
United Kingdom 0.70 Jun/15 0.40 5.00 -2.70 percent [+]
United States 3.70 Jun/15 0.60 16.90 -10.00 percent [+]