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

The Japanese economy expanded 0.2 percent on quarter in the June quarter of 2016, compared to an initial estimate of a stagnation, mainly boosted by private consumption and public investment while capital expenditure fell much less than expected, final figures showed. On an annualized basis, the economy advanced 0.7 percent, compared to an earlier figure of a 0.2 percent expansion. 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 -4.10 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
0.20 0.50 3.20 -4.10 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-07 11:50 PM Q1 0.5% -0.4% 0.5% 0.4%
2016-08-14 11:50 PM Q2 0.0% 0.5% 0.2% 0.5%
2016-09-07 11:50 PM Q2 0.2% 0.5% 0% 0%
2016-11-13 11:50 PM Q3 0.2% 0.5%
2016-12-07 11:50 PM Q3 0.2%

Japan GDP Growth Revised Up to 0.2% in Q2


The Japanese economy expanded 0.2 percent on quarter in the June quarter of 2016, compared to an initial estimate of a stagnation, mainly boosted by private consumption and public investment while capital expenditure fell much less than expected, final figures showed.

In the second quarter, domestic demand grew 0.4 percent, higher than a preliminary reading of 0.3 percent, contributing 0.4 percentage points to growth.

Private consumption went up 0.2 percent, in line with an initial estimate, adding 0.1 percentage points to growth. Private residential investment grew by 5.0 percent, matching an earlier reading and adding 0.1 percentage points to growth. Private non-residential investment (capital expenditure) shrank 0.1 percent, compared to a preliminary figure of a 0.4 percent contraction. Inventories made no contribution to growth.

Public investment rose 2.6 percent, faster than an earlier projection of a 2.3 percent expansion, adding 0.1 percentage points to growth. Government spending rose 0.1 percent, lower than a preliminary estimate of a 0.1 percent increase and made no contribution to growth. 

External demand substracted 0.3 percentage points off GDP: exports fell 1.5 percent ( in line with a preliminary estimate) while imports remained unchanged (-0.1 percent in an earlier reading).

On an annualized basis, the economy advanced 0.7 percent, compared to an earlier figure of a 0.2 percent expansion.

Cabinet Office l Rida Husna | rida@tradingeconomics.com
9/8/2016 11:53:17 AM

Japan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 0.50 3.20 -4.10 percent [+]
GDP Annual Growth Rate 0.80 0.20 9.40 -9.40 percent [+]
GDP Growth Annualized 0.70 2.10 12.90 -15.40 percent [+]
GDP 4123.26 4596.16 5957.25 44.31 USD Billion [+]
GDP Constant Prices 531699.40 530790.70 535061.70 263584.00 JPY Billion [+]
Gross National Product 543605.60 541139.80 543605.60 263297.50 JPY Billion [+]
Gross Fixed Capital Formation 107744.90 106529.90 132062.90 71463.10 JPY Billion [+]
GDP per capita 44656.80 44386.10 44656.80 8369.20 USD [+]
GDP per capita PPP 35804.23 35587.17 35804.23 29550.01 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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