Japan GDP Growth Rate  1980-2016 | Data | Chart | Calendar | Forecast

The Japanese economy expanded 0.4 percent on quarter in the three months to March of 2016, boosted by private consumption, government spending and exports. Figures came better than market expectations of a 0.1 percent growth and compare with an upwardly revised 0.4 percent contraction in the fourth quarter of 2015. GDP Growth Rate in Japan averaged 0.48 percent from 1980 until 2016, 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 -0.30 3.20 -4.00 1980 - 2016 percent Quarterly
Japan's industrialized, free market economy is the fourth 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. Japan GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-14 11:50 PM Q4 -0.4% 0.3% -0.3% -0.1%
2016-03-07 11:50 PM Q4 -0.3% 0.3% -0.4% -0.4%
2016-05-17 11:50 PM Q1 0.4% -0.4% 0.1% 0.2%
2016-06-07 11:50 PM Q1 -0.4%
2016-08-14 11:50 PM Q2 0.5%
2016-09-07 11:50 PM Q2

Japanese Economy Dodges Recession in Q1


The Japanese economy expanded 0.4 percent on quarter in the three months to March of 2016, boosted by private consumption, government spending and exports, preliminary estimates showed. Figures came better than market expectations of a 0.1 percent growth and compare with an upwardly revised 0.4 percent contraction in the fourth quarter 2015.

In the first quarter, domestic demand grew 0.2 percent and added 0.2 percentage points to growth.

Private consumption went up 0.5 percent, adding 0.3 percentage points to growth. Private residential investment fell 0.8 percent while private non-residential investment contracted 1.4 percent, substracting 0.2 percent off growth. Inventories made no contribution to growth.

Public investment rose 0.3 percent and made no contribution to growth while government spending rose 0.7 percent, adding 0.1 percent.

External demand contributed 0.2 percentage point to growth: exports increased by 0.6 percent, rebounding from a 0.8 percent decline in the December quarter 2015. Imports fell by 0.5 percent, slowing from a 1.1 percent drop in the final quarter 2015.

On an annualized basis, the economy advanced 1.7 percent, rebounding from an upwardly revised 1.7 percent contraction in the three months to December and market expectations of a 0.2 percent growth. It is the strongest expansion since the June quarter 2015.

Cabinet Office l Rida Husna | rida@tradingeconomics.com
5/18/2016 3:51:05 AM

Japan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 -0.30 3.20 -4.00 percent [+]
GDP Annual Growth Rate 0.70 1.70 9.40 -9.40 percent [+]
GDP Growth Annualized 1.70 -1.70 12.90 -15.10 percent [+]
GDP 4601.46 4919.56 5954.48 44.30 USD Billion [+]
GDP Constant Prices 530014.80 527996.90 534993.40 263584.00 JPY Billion [+]
Gross National Product 539903.60 538264.20 539903.60 263297.50 JPY Billion [+]
Gross Fixed Capital Formation 105837.00 107018.20 132062.90 71463.10 JPY Billion [+]
GDP per capita 37595.18 37573.37 37595.18 7079.43 USD [+]
GDP per capita PPP 35634.97 35614.31 35634.97 29549.50 USD [+]
GDP From Agriculture 6277.20 6467.90 7549.80 6004.90 JPY Billion [+]
GDP From Construction 28205.10 27205.40 42167.10 25584.40 JPY Billion [+]
GDP From Manufacturing 111231.70 109583.80 111580.50 81251.50 JPY Billion [+]
GDP From Mining 193.80 190.90 515.20 179.70 JPY Billion [+]
GDP From Public Administration 30779.50 30810.70 31042.60 25527.60 JPY Billion [+]
GDP From Services 95137.40 96259.60 96295.10 72051.80 JPY Billion [+]
GDP From Transport 24319.00 23727.30 27093.60 22407.80 JPY Billion [+]
GDP From Utilities 7612.40 7674.10 12212.00 7531.90 JPY Billion [+]




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Germany 0.70 Mar/16
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United Kingdom 0.40 Mar/16
Bosnia and Herzegovina 0.30 Dec/15
Italy 0.30 Mar/16
Belgium 0.20 Mar/16
Canada 0.20 Dec/15
Israel 0.20 Mar/16
Singapore 0.20 Mar/16
Bahrain 0.10 Dec/15
Denmark 0.10 Dec/15
Ecuador 0.10 Dec/15
Portugal 0.10 Mar/16
Uruguay 0.10 Dec/15
Estonia 0.00 Mar/16
Mauritius 0.00 Dec/15
Serbia 0.00 Dec/15
Latvia -0.10 Mar/16
Moldova -0.10 Dec/15
Poland -0.10 Mar/16
Belize -0.25 Dec/15
Indonesia -0.34 Mar/16
Greece -0.40 Mar/16
Hong Kong -0.40 Mar/16
Croatia -0.50 Dec/15
Qatar -0.50 Dec/15
Russia -0.57 Sep/15
Ukraine -0.70 Mar/16
Hungary -0.80 Mar/16
Iceland -1.10 Dec/15
Jamaica -1.20 Sep/15
Brazil -1.40 Dec/15
Mozambique -2.10 Dec/15
Bolivia -9.72 Jun/15
Nigeria -13.70 Mar/16