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

The GDP in Japan advanced 0.3 percent on quarter in the three months to September of 2015, compared to an initial estimate of a 0.2 percent contraction, beating forecasts for a flat reading. Capital expenditure increased while inventories shrank less than expected, final figures showed. 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
0.30 -0.20 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. Japan GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-09-08 12:50 AM Q2 -0.3% 1% -0.4% -0.4%
2015-11-15 11:50 PM Q3 -0.2% -0.2% -0.1% -0.1%
2015-12-07 11:50 PM Q3 0.3% -0.1% 0% 0.1%
2016-02-14 11:50 PM Q4 0.3% -0.3% -0.1%
2016-03-07 11:50 PM Q4
2016-04-11 12:50 AM Q1 -0.02%

Japanese Economy Avoids Recession in Q3


The GDP in Japan advanced 0.3 percent on quarter in the three months to September of 2015, compared to an initial estimate of a 0.2 percent contraction and beating forecasts for a flat reading. Capital expenditure increased while inventories shrank less than expected, final figures showed.

Domestic demand edged up 0.1 percent, adding 0.1 percentage point to growth, compared to an initial estimate of a 0.3 percent drop.
 
Private consumption grew at a slower 0.4 percent (0.5 percent in the preliminary estimate), contributing 0.2 percentage point to the expansion (0.3 percent in the preliminary estimate). Private non-residential investment grew 0.6 percent, adding 0.1 percent to growth (down 1.3 percent and subtracting 0.2 percent to growth in the earlier release) while residential investment increased slightly more than expected (2 percent from 1.9 percent in the preliminary estimate, contributing 0.1 percentage point). Inventories subtracted 0.2 percentage point to growth, lower than an initial estimate of -0.5 percent.
 
Government spending rose 0.3 percent, adding 0.1 percent to the expansion, in line with earlier figures while public investment contracted 1.5 percent, subtracting 0.1 percent to growth (down 0.3 percent in the preliminary estimate).
 
External demand contributed 0.1 percentage point to growth, unchanged from the preliminary estimate. Exports grew 2.7 percent while imports shrank 1.7 percent.
 
On an annualized basis, the economy advanced 1 percent, compared to an initial 0.8 percent contraction and well above market expectations of a 0.1 percent increase. 

Cabinet Office | Joana Taborda | joana.taborda@tradingeconomics.com
12/8/2015 12:29:06 AM

Japan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 -0.20 3.20 -4.00 percent [+]
GDP Annual Growth Rate 1.60 0.70 9.40 -9.40 percent [+]
GDP Growth Annualized 1.00 -0.50 12.90 -15.10 percent [+]
GDP 4601.46 4919.56 5954.48 44.30 USD Billion [+]
GDP Constant Prices 529673.70 528336.90 534588.20 263584.00 JPY Billion [+]
Gross National Product 536968.30 536763.80 536968.30 263297.50 JPY Billion [+]
Gross Fixed Capital Formation 107017.70 106697.70 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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Nigeria 9.19 Sep/15
Mongolia 7.40 Mar/14
Vietnam 7.01 Dec/15
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Bangladesh 6.12 Dec/14
Namibia 6.00 Jun/15
Sri Lanka 5.80 Jun/15
Singapore 5.70 Dec/15
Senegal 5.20 Sep/15
Rwanda 5.10 Sep/15
Angola 4.70 Dec/14
United Arab Emirates 4.60 Dec/14
Cape Verde 4.50 Dec/14
Egypt 4.50 Jun/15
Morocco 4.50 Sep/15
Pakistan 4.14 Dec/14
Algeria 4.00 Dec/14
Macedonia 3.90 Mar/14
Saudi Arabia 3.80 Jun/15
Qatar 2.80 Sep/15
Cameroon 2.00 Jun/15
Philippines 2.00 Dec/15
India 1.90 Sep/15
Mozambique 1.80 Sep/15
Norway 1.80 Sep/15
Paraguay 1.70 Sep/15
China 1.60 Dec/15
Tanzania 1.50 Sep/10
Trinidad And Tobago 1.50 Sep/15
Ireland 1.40 Sep/15
Kenya 1.40 Sep/15
Romania 1.40 Sep/15
Croatia 1.30 Sep/15
Turkey 1.30 Sep/15
Kazakhstan 1.26 Dec/13
Colombia 1.20 Sep/15
Malta 1.12 Sep/15
Mauritius 1.10 Sep/15
Costa Rica 1.04 Sep/15
Uruguay 1.03 Sep/15
Thailand 1.00 Sep/15
Albania 0.94 Sep/15
Australia 0.90 Sep/15
Ghana 0.90 Jun/15
Hong Kong 0.90 Sep/15
Luxembourg 0.90 Sep/15
New Zealand 0.90 Sep/15
Poland 0.90 Sep/15
Slovakia 0.90 Sep/15
Spain 0.80 Dec/15
Sweden 0.80 Sep/15
Bulgaria 0.70 Sep/15
Czech Republic 0.70 Sep/15
Iceland 0.70 Sep/15
Malaysia 0.70 Sep/15
South Africa 0.70 Sep/15
United States 0.70 Dec/15
Canada 0.60 Sep/15
Hungary 0.60 Sep/15
Mexico 0.60 Dec/15
South Korea 0.60 Dec/15
Israel 0.51 Sep/15
Argentina 0.50 Jun/15
Lithuania 0.50 Dec/15
Peru 0.50 Sep/15
Ukraine 0.50 Sep/15
United Kingdom 0.50 Dec/15
Chile 0.40 Sep/15
Cyprus 0.40 Sep/15
European Union 0.40 Sep/15
Slovenia 0.40 Sep/15
Austria 0.30 Dec/15
Bahrain 0.30 Sep/15
Belgium 0.30 Dec/15
Euro Area 0.30 Sep/15
Germany 0.30 Sep/15
Japan 0.30 Sep/15
Uganda 0.28 Sep/15
Dominican Republic 0.20 Sep/15
France 0.20 Dec/15
Italy 0.20 Sep/15
Bosnia and Herzegovina 0.10 Sep/15
El Salvador 0.10 Sep/15
Netherlands 0.10 Sep/15
Tunisia 0.10 Sep/15
Portugal 0.00 Sep/15
Switzerland 0.00 Sep/15
Latvia -0.01 Dec/15
Ecuador -0.30 Jun/15
Taiwan -0.30 Sep/15
Denmark -0.40 Sep/15
Estonia -0.40 Sep/15
Serbia -0.40 Sep/15
Finland -0.50 Sep/15
Russia -0.57 Sep/15
Greece -0.90 Sep/15
Jamaica -1.20 Sep/15
Belize -1.40 Sep/15
Brazil -1.70 Sep/15
Indonesia -1.83 Dec/15
Moldova -2.50 Sep/15
Botswana -3.70 Sep/15
Bolivia -9.72 Jun/15