Japan GDP Growth Rate 1980-2018 | Data | Chart | Calendar | Forecast

The Japanese economy advanced 0.1 percent on quarter in the three months to December of 2017, following a 0.6 percent expansion in the previous period and slightly below market consensus of a 0.2 percent growth, the preliminary estimate showed. A slowdown in business spending offset a pick-up in private consumption. On an annualised basis, the GDP expanded 0.5 percent, compared to a downwardly revised 2.2 percent growth in the third quarter while markets estimated a 0.9 percent expansion. GDP Growth Rate in Japan averaged 0.50 percent from 1980 until 2017, reaching an all time high of 3.20 percent in the second quarter of 1990 and a record low of -4.90 percent in the first quarter of 2009.

Japan GDP Growth Rate
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Japan Q4 GDP Growth Slows to 0.1%


The Japanese economy advanced 0.1 percent on quarter in the three months to December of 2017, following a 0.6 percent expansion in the previous period and slightly below market consensus of a 0.2 percent growth, the preliminary estimate showed. Still, it was the eighth consecutive quarter of expansion and the longest growth streak since 1989.

The positive contribution to GDP largely came from household consumption (0.3 percentage points) and capital expenditure (0.1 percent). Meanwhile, government spending and net exports gave no contribution while changes in private inventories subtracted 0.1 percentage points.
Private consumption increased by 0.5 percent recovering from a 0.6 percent fall in Q3 and slightly above expectations of a 0.4 percent rise.

Business spending rose at a slower 0.7 percent compared to 1 percent growth in Q3 and missing expectations of a 1.1 percent rise. Meantime, private residential investment contracted by 2.7 percent, following a 1.5 percent decline in Q3.
Government expenditure contracted 0.1 percent, compared to a flat reading a in Q3. Meanwhile, public investments dropped by 0.5 percent, after a 2.6 percent fall in Q3.
Exports of goods and services grew by 2.4 percent slowing down from a 2.1 percent rise in Q3; while imports increased by 2.9 percent, recovering from a 1.1 percent fall in the previous three-month period.
On an annualised basis, the GDP expanded 0.5 percent, compared to a downwardly revised 2.2 percent growth in the third quarter while markets estimated a 0.9 percent expansion. It was the eight straight quarter of expansion, the longest continuous growth since the 1980s.



Cabinet Office l Rida Husna |
2/14/2018 1:04:41 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-11-14 11:50 PM GDP Growth Rate QoQ Prel 0.3% 0.6% 0.4% 0.3%
2017-12-07 11:50 PM GDP Growth Rate QoQ Final 0.6% 0.7% 0.4% 0.3%
2018-02-13 11:50 PM GDP Growth Rate QoQ Prel 0.1% 0.6% 0.2% 0.3%
2018-03-07 11:50 PM GDP Growth Rate QoQ Final 0.6%
2018-05-13 11:50 PM GDP Growth Rate QoQ Prel 0.1% 0.4%
2018-06-07 11:50 PM GDP Growth Rate QoQ Final


Japan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.10 0.60 3.20 -4.90 percent [+]
GDP Annual Growth Rate 1.50 1.90 9.40 -8.80 percent [+]
GDP Growth Annualized 0.50 2.20 12.90 -18.20 percent [+]
GDP 4940.16 4383.08 6203.21 44.31 USD Billion [+]
GDP Constant Prices 533671.90 533071.80 533671.90 255945.60 JPY Billion [+]
Gross National Product 558614.10 560177.00 560177.00 260680.20 JPY Billion [+]
Gross Fixed Capital Formation 127552.90 127560.50 141805.70 71463.10 JPY Billion [+]
GDP per capita 47607.70 47082.70 47607.70 8607.70 USD [+]
GDP per capita PPP 38239.80 37818.10 38239.80 30447.30 USD [+]
GDP From Agriculture 4272.10 4700.10 7549.80 4272.10 JPY Billion [+]
GDP From Construction 28365.30 28188.70 42167.10 25584.40 JPY Billion [+]
GDP From Manufacturing 107759.60 103814.20 111580.50 81251.50 JPY Billion [+]
GDP From Mining 213.80 233.30 515.20 179.70 JPY Billion [+]
GDP From Public Administration 30779.50 30810.70 31042.60 25527.60 JPY Billion [+]
GDP From Services 21864.70 22201.40 96295.10 21864.70 JPY Billion [+]
GDP From Transport 24250.60 24766.70 27093.60 22407.80 JPY Billion [+]
GDP From Utilities 8743.10 8424.00 12212.00 7531.90 JPY Billion [+]


Japan GDP Growth Rate

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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.60 3.20 -4.90 1980 - 2017 percent Quarterly
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GDP growth rate by Country
Country Last
United States 2.60 Dec/17
China 1.60 Dec/17
India 1.60 Sep/17
Turkey 1.20 Sep/17
Russia 1.08 Jun/17
Mexico 1.00 Dec/17
Netherlands 0.80 Dec/17
Spain 0.70 Dec/17
Australia 0.60 Sep/17
Euro Area 0.60 Dec/17
France 0.60 Dec/17
Germany 0.60 Dec/17
Switzerland 0.60 Sep/17
United Kingdom 0.50 Dec/17
Canada 0.40 Sep/17
Italy 0.30 Dec/17
Brazil 0.10 Sep/17
Japan 0.10 Dec/17
South Korea -0.20 Dec/17
Indonesia -1.70 Dec/17


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