Japan GDP Growth Rate 1980-2015 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Japan expanded 0.60 percent in the fourth quarter of 2014 over the previous quarter. GDP Growth Rate in Japan averaged 0.49 percent from 1980 until 2014, 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.

      Forecast    
Japan GDP Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.60 -0.60 3.20 -4.00 1980 - 2014 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. Content for - Japan GDP Growth Rate - was last refreshed on Saturday, February 28, 2015.


Japanese Economy Emerges from Recession


Japanese GDP advanced 0.6 percent in the last three months of 2014, following two consecutive quarters of contraction. The expansion came below market expectations as gains in exports and private consumption disappointed.

Private demand rose 0.4 percent adding 0.3 percentage point to the growth. Private consumption, which accounts for about 60 percent of the economy, rose only 0.3 percent, the same as in the previous quarter, a sign that an increase in Japan's sales tax continued to take a toll. Housing investment decreased 1.2 percent while capital spending remained unchanged.

Public demand increased 0.1 percent and did not impact the expansion. Government consumption and public investment grew 0.1 and 0.6 percent respectively.

The net exports added 0.2 percentage point to the growth as external demand (2.7 percent) rose faster than imports (1.3 percent)

The fourth quarter gross domestic product figure translated into an annualised expansion of 2.2 percent.

Statistics Bureau of Japan | anna@tradingeconomics.com
2/16/2015 12:35:13 AM


Recent Releases

Japanese Economy Shrinks 0.5% in Q3
Japan's GDP contracted 0.5 percent quarted-on-quarter in July to September period, against a preliminary reading of a 0.4 percent drop as capital expenditure fell more than previously estimated and public demand was weaker. Published on 2014-12-08

Abe Delays Tax Rise and Calls Election
Japan’s prime minister Shinzo Abe has called a parliamentary elections, as he seeks a new mandate to delay a second increase in consumption taxes. Published on 2014-11-18


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-16 11:50 PM
GDP Growth Rate QoQ Prel  Q3
-0.4% -1.9% (R) 0.5% 0.3%
2014-12-07 11:50 PM
GDP Growth Rate QoQ Final  Q3
-0.5% -1.9% -0.4% -0.4%
2015-02-15 11:50 PM
GDP Growth Rate QoQ Prel  Q4
0.6% -0.6% (R) 0.9% 1%
2015-03-08 11:50 PM
GDP Growth Rate QoQ Final  Q4
-0.6% 0.6% 0.6%
2015-05-15 12:50 AM
GDP Growth Rate QoQ Prel  Q1
-1.5%
2015-06-08 12:50 AM
GDP Growth Rate QoQ Final  Q1


Japan GDP Last Previous Highest Lowest Unit
GDP 4901.00 5938.00 5938.00 44.30 USD Billion [+]
GDP Growth Rate 0.60 -0.60 3.20 -4.00 percent [+]
GDP Growth Annualized 2.20 -2.30 12.90 -15.00 percent [+]
GDP Annual Growth Rate -0.50 -1.40 9.40 -9.40 percent [+]
GDP Constant Prices 525754.90 522852.10 535095.50 263584.00 JPY Billion [+]
Gross National Product 528731.90 519955.20 534393.80 263297.50 JPY Billion [+]
GDP per capita 37432.91 36800.99 37432.91 7079.44 USD [+]
Gross Fixed Capital Formation 107169.70 107135.60 132062.90 71463.10 JPY Billion [+]
GDP per capita PPP 35481.11 34882.14 35481.11 29549.51 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.30 Aug/14 0.50 4.50 -2.00 percent [+]
Brazil 0.10 Aug/14 -0.60 4.50 -4.20 percent [+]
Canada 0.70 Aug/14 0.90 3.33 -1.80 percent [+]
China 1.50 Nov/14 1.90 2.50 1.40 percent [+]
Euro Area 0.30 Nov/14 0.20 1.30 -2.80 percent [+]
France 0.10 Nov/14 0.30 1.60 -1.70 percent [+]
Germany 0.70 Nov/14 0.10 2.10 -3.70 percent [+]
India 1.50 Aug/14 1.30 5.80 -1.90 percent [+]
Indonesia -2.06 Nov/14 3.16 3.82 -3.57 percent [+]
Italy 0.00 Nov/14 -0.10 6.00 -3.50 percent [+]
Japan 0.60 Nov/14 -0.60 3.20 -4.00 percent [+]
Mexico 0.70 Nov/14 0.50 2.90 -6.60 percent [+]
Netherlands 0.50 Nov/14 0.20 2.00 -2.20 percent [+]
Russia 0.04 Aug/14 0.14 4.10 -5.40 percent [+]
South Korea 0.40 Nov/14 0.90 6.80 -7.00 percent [+]
Spain 0.70 Nov/14 0.50 1.53 -1.60 percent [+]
Switzerland 0.60 Aug/14 0.30 1.90 -2.20 percent [+]
Turkey 0.40 Aug/14 -0.50 6.69 -7.57 percent [+]
United Kingdom 0.50 Nov/14 0.70 5.00 -2.70 percent [+]
United States 2.20 Nov/14 5.00 16.90 -10.00 percent [+]