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

The Gross Domestic Product (GDP) in Japan expanded 0.40 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
0.40 -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 Monday, March 30, 2015.


Japan's GDP Growth Revised Down to 0.4% in Q4


Japan's GDP advanced 0.4 percent quarted-on-quarter in October to December period, against a preliminary reading of a 0.6 percent as upward revision in public demand was not enough to offset a weaker growth in private demand.

Private demand rose 0.1 percent adding 0.1 percentage point to the growth (preliminary data showed 0.4 percent growth). Housing investment decreased 1.2 percent while capital spending dropped 0.1 percent (preliminary data showed 0.2 percent growth). There was a decrease in private inventories which subtracted 0.2 percent from the growth. Private consumption, which accounts for about 60 percent of the economy, rose 0.5 percent (preliminary data showed 0.3 percent growth) and contributed 0.3 percentage point to the expansion.

Public demand increased 0.3 percent (preliminary data showed only 0.1 percent growth) adding 0.1 percentage point to the growth. Government consumption and public investment grew 0.3 and 0.8 percent respectively.

Net exports added 0.2 percentage point to the growth as external demand (2.8 percent) rose faster than imports (1.3 percent)

The fourth quarter gross domestic product figure translated into an annualised expansion of 1.5 percent against a preliminary reading of 2.2 percent.


ESRI | anna@tradingeconomics.com
3/9/2015 12:30:29 AM


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Calendar GMT Event Actual Previous Consensus Forecast (i)
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
0.4% -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
2015-08-13 12:50 AM
GDP Growth Rate QoQ Prel  Q2
-1.4%


Japan GDP Last Previous Highest Lowest Unit
GDP 4901.00 5938.00 5938.00 44.30 USD Billion [+]
GDP Growth Rate 0.40 -0.60 3.20 -4.00 percent [+]
GDP Growth Annualized 1.50 -2.30 12.90 -15.00 percent [+]
GDP Annual Growth Rate -0.80 -1.40 9.40 -9.40 percent [+]
GDP Constant Prices 524603.00 522635.70 534882.10 263584.00 JPY Billion [+]
Gross National Product 527556.60 519955.20 534393.80 263297.50 JPY Billion [+]
GDP per capita 37432.91 36800.99 37432.91 7079.44 USD [+]
Gross Fixed Capital Formation 120.27 107115.00 132062.90 120.27 JPY Billion [+]
GDP per capita PPP 35481.11 34882.14 35481.11 29549.51 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.50 Nov/14 0.40 4.50 -2.00 percent [+]
Brazil 0.30 Nov/14 0.20 4.50 -4.20 percent [+]
Canada 0.60 Nov/14 0.80 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 1.60 Nov/14 2.20 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 0.40 Nov/14 -0.60 3.20 -4.00 percent [+]
Mexico 0.70 Nov/14 0.50 2.90 -6.60 percent [+]
Netherlands 0.80 Nov/14 0.30 2.00 -2.20 percent [+]
Russia 0.04 Aug/14 0.14 4.10 -5.40 percent [+]
South Korea 0.30 Nov/14 0.80 6.80 -7.00 percent [+]
Spain 0.80 Feb/15 0.70 1.53 -1.60 percent [+]
Switzerland 0.60 Nov/14 0.70 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 [+]