Japan GDP Growth Rate

The Gross Domestic Product (GDP) in Japan expanded 0.20 percent in the fourth quarter of 2013 over the previous quarter. GDP Growth Rate in Japan is reported by the Cabinet Office, Japan. GDP Growth Rate in Japan averaged 0.51 Percent from 1980 until 2013, 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. 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. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.20 0.30 3.20 -4.00 1.14 | 2014/03 1980 - 2013 Percent Quarterly

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Japan GDP Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-11-13 11:50 PM Japan
GDP Growth Rate QoQ Prel
Q3 2013 0.5% 0.9% 0.4% 0.64%
2013-12-08 11:50 PM Japan
GDP Growth Rate QoQ - Final
Q3 2013 0.3% 0.9% 0.5% 0.5%
2014-02-16 11:50 PM Japan
GDP Growth Rate QoQ Prel
Q4 2013 0.3% 0.3% 0.7% 1.3%
2014-03-09 11:50 PM Japan
GDP Growth Rate QoQ Final
Q4 2013 0.2% 0.3% 0.3% 0.3%
2014-05-15 12:50 AM Japan
GDP Growth Rate QoQ Prel
Q1 2014 0.2% 1.13%
2014-06-09 12:50 AM Japan
GDP Growth Rate QoQ Final
Q1 2014 0.2%
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GDP Last Previous Highest Lowest Forecast Unit
GDP Constant Prices 528044.10 2013-11-15 527161.90 529732.70 442493.10 510752.90 2014-06-30 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 36775.96 2014-06-30 USD [+]
GDP per capita PPP 31425.49 2012-12-31 30764.24 31635.88 17834.51 31287.63 2014-06-30 USD [+]
GDP 5960.00 2012-12-31 5900.00 5960.00 44.30 6002.79 2014-06-30 USD Billion [+]
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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.

Capital spending rose 0.8 percent in October-December, revised down from an initial 1.3 percent increase. Private consumption rose 0.4 percent during the quarter, slower than an initial estimate of 0.5 percent growth.

The revised gross domestic product figure translated into annualised growth of 0.7 percent, against an initial reading of 1.0 percent.

Cabinet Office, Japan | anna@tradingeconomics.com
3/10/2014 12:02:38 AM

RECENT RELEASES

Japanese GDP Growth Dissapoints in Q4
Japanese economy expanded 0.3 percent in the last three months of 2013, fourth straight quarter of growth but below market expectations. Published on 2014-02-17

Japan's GDP Growth Revised Down to 0.3% in Q3
Japan's economy expanded 0.3 percent in the third quarter of 2013 from the previous quarter, less than a preliminary estimate of 0.5 percent, government data showed on December 9th. Published on 2013-12-09


GDP Growth Rate | Notes
The GDP Growth Rate shows a percentage change in the seasonally adjusted GDP value in the certain quarter, compared to the previous quarter. Because of climatic conditions and holidays, the intensity of the production varies throughout the year. This makes a direct comparison of two consecutive quarters difficult. In order to adjust for these conditions, many countries calculate the quarterly GDP using so called seasonally adjusted method. The Gross Domestic Product can be determined using three different approaches: the product, the income, and the expenditure technique, which should give the same result. In sum, the product technique sums the outputs of every class of enterprise. The expenditure technique works on the principle that every product must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying products and services. The income technique works on the principle that the incomes of the productive factors must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes.


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