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

The Japanese economy advanced 0.3 percent on quarter in the three months to September of 206, below preliminary estimates of a 0.5 percent expansion. Domestic demand was flat and net trade contributed less to growth than initially estimated. 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.

Japan GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-07 11:50 PM Q2 0.2% 0.5% 0% 0%
2016-11-13 11:50 PM Q3 0.5% 0.2% 0.2% 0.2%
2016-12-07 11:50 PM Q3 0.3% 0.5% 0.6% 0.5%
2017-02-14 11:50 PM Q4
2017-03-07 11:50 PM Q4
2017-05-17 11:50 PM Q1




Japan GDP Growth Revised Down to 0.3% in Q3


The Japanese economy advanced 0.3 percent on quarter in the three months to September of 206, below preliminary estimates of a 0.5 percent expansion. Domestic demand was flat and net trade contributed less to growth than initially estimated.

Domestic demand was flat (0.1 percent in the preliminary estimate) and showed no contribution to growth. Household consumption increased 0.3 percent (0 percent in the preliminary estimate) and private residential investment went up 2.6 percent (2.3 percent in the preliminary estimate) while non-residential investment shrank 0.4 percent (0 ercent in the preliminary estimate). Public spending rose at a slower 0.3 percent (0.4 percent in the preliminary estimate) and public investmentedgedup 0.1 percent (-0.7 percent in the preliminary estimate).

Meanwhile, changes in inventories subtracted 0.3 percentage points from growth (-0.1 percentage points in the preliminary estimate).

External demand added 0.3 percentage points to growth (0.5 percent in the preliminary estimate), as exports of goods and services expanded 1.6 percent (2 percent in the preliminary estimate) while imports dropped 0.4 percent (-0.6 percent in the preliminary estimate).

On an annualised basis, Japan's economy grew 1.3 percent in the third quarter of 2016, lower than a 2.2 percent expansion in the previous period.

Cabinet Office | Joana Taborda | joana.taborda@tradingeconomics.com
12/8/2016 12:26:39 AM



Japan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 0.20 3.20 -4.10 percent [+]
GDP Annual Growth Rate 0.90 0.60 9.40 -9.40 percent [+]
GDP Growth Annualized 1.30 1.80 12.90 -15.40 percent [+]
GDP 4123.26 4596.16 5957.25 44.31 USD Billion [+]
GDP Constant Prices 534540.50 531649.20 535061.70 263584.00 JPY Billion [+]
Gross National Product 544398.90 543605.60 544398.90 263297.50 JPY Billion [+]
Gross Fixed Capital Formation 107892.90 107674.40 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 [+]



Japan GDP Growth Rate Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.20 3.20 -4.10 1980 - 2016 percent Quarterly



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