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

The Japanese economy expanded 0.5 percent on quarter in the March quarter of 2016, compared to an initial estimate of a 0.4 percent growth. Private consumption grew faster than expected while business spending fell much lower than anticipated and government spending and exports were in line with expectations, final figures showed. 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
0.50 -0.40 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 June of 2016.


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

Japan GDP Growth Revised Up in Q1


The Japanese economy expanded 0.5 percent on quarter in the March quarter of 2016, compared to an initial estimate of a 0.4 percent growth. Private consumption grew faster than expected while business spending fell much lower than anticipated and government spending and exports were in line with expectations, final figures showed.

In the first quarter, domestic demand grew 0.3 percent, higher than a preliminary reading of 0.2 percent and added 0.3 percentage points to growth.

Private consumption went up 0.6 percent, compared to an initial estimate of a 0,5 percent and adding 0.4 percentage points to growth. Private residential investment fell 0.7 percent, lower than an earlier projection of a 0.8 percent decline. Private non-residential investment shrank 0.7 percent, compared to a preliminary figure of a 1.4 percent contraction and substracted 0.1 percent off growth. Inventories substracted 0.1 percent off growth, compared to first estimate of zero contribution. 

Public investment shrank 0.7 percent, compared to a preliminary figure of a 0.3 percent rise and made no contribution to growth while government spending rose 0.7 percent (in line with estimates), adding 0.2 percent.

External demand contributed 0.2 percentage point to growth: exports grew 0.6 percent (+0.6 percent in a preliminary figure) while imports fell  0.4 percent (-0.5 percent in an earlier reading) .

On an annualized basis, the economy advanced 1.9 percent, compared to an earlier figure of a 1.7 percent expansion. It is the strongest growth in four quarters. 

Cabinet Office l Rida Husna | rida@tradingeconomics.com
6/8/2016 2:05:38 AM

Japan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 -0.40 3.20 -4.00 percent [+]
GDP Annual Growth Rate 0.10 0.70 9.40 -9.40 percent [+]
GDP Growth Annualized 1.90 -1.80 12.90 -15.40 percent [+]
GDP 4601.46 4919.56 5954.48 44.30 USD Billion [+]
GDP Constant Prices 530235.00 527793.70 535087.80 263584.00 JPY Billion [+]
Gross National Product 540180.10 538149.80 540180.10 263297.50 JPY Billion [+]
Gross Fixed Capital Formation 106198.90 106933.20 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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Australia 1.10 Mar/16
China 1.10 Mar/16
Ghana 1.10 Mar/16
Malta 1.10 Dec/15
Philippines 1.10 Mar/16
Malaysia 1.00 Mar/16
Norway 1.00 Mar/16
Cyprus 0.90 Mar/16
Thailand 0.90 Mar/16
Lithuania 0.80 Mar/16
Mexico 0.80 Mar/16
Paraguay 0.80 Mar/16
Spain 0.80 Mar/16
Turkey 0.80 Mar/16
United States 0.80 Mar/16
Taiwan 0.78 Mar/16
Albania 0.73 Dec/15
Bulgaria 0.70 Mar/16
Costa Rica 0.70 Dec/15
Germany 0.70 Mar/16
Luxembourg 0.70 Mar/16
New Zealand 0.70 Mar/16
Slovakia 0.70 Mar/16
Canada 0.60 Mar/16
Croatia 0.60 Apr/16
Euro Area 0.60 Mar/16
Finland 0.60 Mar/16
France 0.60 Mar/16
Argentina 0.50 Jun/15
Austria 0.50 Mar/16
Denmark 0.50 Mar/16
European Union 0.50 Mar/16
Japan 0.50 Mar/16
Netherlands 0.50 Mar/16
Slovenia 0.50 Mar/16
South Korea 0.50 Mar/16
Sweden 0.50 Mar/16
Czech Republic 0.40 Mar/16
Tunisia 0.40 Mar/16
United Kingdom 0.40 Mar/16
Bosnia and Herzegovina 0.30 Dec/15
Israel 0.30 Mar/16
Italy 0.30 Mar/16
Belgium 0.20 Mar/16
Colombia 0.20 Mar/16
Portugal 0.20 Mar/16
Singapore 0.20 Mar/16
Bahrain 0.10 Dec/15
Ecuador 0.10 Dec/15
Jamaica 0.10 Dec/15
Latvia 0.10 Mar/16
Switzerland 0.10 Mar/16
Uruguay 0.10 Mar/16
Estonia 0.00 Mar/16
Mauritius 0.00 Dec/15
Poland -0.10 Mar/16
Belize -0.25 Dec/15
Brazil -0.30 Mar/16
Indonesia -0.34 Mar/16
Hong Kong -0.40 Mar/16
Greece -0.50 Mar/16
Iceland -0.50 Mar/16
Qatar -0.50 Dec/15
Russia -0.57 Sep/15
Trinidad And Tobago -0.60 Dec/15
Ukraine -0.70 Mar/16
Hungary -0.80 Mar/16
South Africa -1.20 Mar/16
Namibia -1.60 Mar/16
Nigeria -13.70 Mar/16
Senegal -14.10 Mar/16