Overview Actual Q4 Q1 Q2 Q3
GDP Growth Rate -0.60 0.7 0.3 0.3 0.3 percent
GDP Annual Growth Rate 0.00 1.1 0.9 0.7 1.3 percent
GDP Growth Annualized -2.50 1.7 1.8 1.9 1.28 percent
Unemployment Rate 2.40 2.3 2.3 2.3 2.4 percent
Inflation Rate 1.40 1.3 1.3 1.4 1.1 percent
Inflation Rate Mom 0.20 0.2 0.2 0.3 0.1 percent
Interest Rate -0.10 -0.1 -0.1 -0.1 0 percent
Interbank Rate -0.12 -0.09 -0.09 -0.09 -0.09 percent
Balance of Trade -449.26 -457 -484 -487 -472 JPY Billion
Exports 7243.43 6860 6930 6960 6980 JPY Billion
Government Debt to GDP 253.00 254 256 256 256 percent
Government Budget -4.50 -4.4 -4.5 -4.5 -4.5 percent of GDP
Business Confidence 19.00 17 21 20 18.3 Index Points
Services Pmi 52.30 52.5 52 51.3 51.55 Index Points
Manufacturing PMI 52.20 51.9 52 53 51.72
Consumer Confidence 42.90 44 43.9 43.9 42.91 Index Points
Retail Sales MoM 1.20 0.8 0.13 0.08 0.07 percent
Corporate Tax Rate 30.86 30.86 30.86 30.86 30.86 percent
Personal Income Tax Rate 55.95 55.95 55.95 55.95 55.95 percent
Markets Actual Q4 Q1 Q2 Q3
Currency 112.33 114 115 116 116
Stock Market 21249.96 23944 23633 23325 23022 points
Government Bond 10Y 0.04 0.15 0.16 0.18 0.2 percent
GDP Actual Q4 Q1 Q2 Q3
GDP Growth Rate -0.60 0.7 0.3 0.3 0.3 percent
GDP Annual Growth Rate 0.00 1.1 0.9 0.7 1.3 percent
GDP Growth Annualized -2.50 1.7 1.8 1.9 1.28 percent
GDP 4872.14 4900 5110 5110 5110 USD Billion
GDP Constant Prices 532648.20 540872 538326 541293 542912 JPY Billion
Gross National Product 557744.40 567379 561795 565800 564995 JPY Billion
Gross Fixed Capital Formation 129309.90 129000 129000 131000 131000 JPY Billion
GDP per capita 48556.93 49500 50100 50100 50100 USD
GDP per capita PPP 39002.22 40000 41500 41500 41500 USD
GDP From Agriculture 4272.10 4319 4311 4302 4328 JPY Billion
GDP From Construction 28365.30 28677 28621 28564 28734 JPY Billion
GDP From Manufacturing 107759.60 108945 108729 108514 109160 JPY Billion
GDP From Mining 213.80 216 216 215 217 JPY Billion
GDP From Public Administration 26247.90 26537 26484 26432 26589 JPY Billion
GDP From Services 21864.70 22105 22061 22018 22149 JPY Billion
GDP From Transport 24250.60 24517 24469 24420 24566 JPY Billion
GDP From Utilities 8743.10 8839 8822 8804 8857 JPY Billion
Labour Actual Q4 Q1 Q2 Q3
Unemployment Rate 2.40 2.3 2.3 2.3 2.4 percent
Employed Persons 66880.00 66947 67133 67292 67445 Thousand
Employment Rate 60.60 59.2 61.2 59.5 61.2 percent
Labor Force Participation Rate 62.00 60.8 61.5 61.5 62.06 percent
Wages 304414.00 689000 328000 559000 314000 JPY/Month
Wages in Manufacturing 334906.00 825000 356000 578000 352000 JPY/Month
Wage Growth 1.50 1.52 1.6 1.48 1.56 percent
Minimum Wages 848.00 848 870 870 870 JPY/Hour
Population 126.71 126 127 126 126 Million
Retirement Age Women 62.00 62 62 62 62
Retirement Age Men 62.00 62 62 62 62
Prices Actual Q4 Q1 Q2 Q3
Inflation Rate 1.40 1.3 1.3 1.4 1.1 percent
Inflation Rate Mom 0.20 0.2 0.2 0.3 0.1 percent
Consumer Price Index CPI 102.00 103 102 102 103 Index Points
Core Consumer Prices 101.60 102 102 102 102 Index Points
Core Inflation Rate 1.00 1 1.1 1.2 1.1 percent
GDP Deflator 101.10 104 101 104 101 Index Points
Producer Prices 102.30 103 103 104 105 Index Points
Export Prices 98.10 97.6 97.4 97.1 97.1 Index Points
Import Prices 103.30 100 100 100 100 Index Points
Food Inflation 2.40 1.6 1.7 2.6 1.4 percent
Producer Prices Change 2.90 3.2 2.9 2.7 2.5 percent
CPI Housing Utilities 99.60 101 101 101 101 Index Points
CPI Transportation 100.30 100 101 101 101 Index Points
Money Actual Q4 Q1 Q2 Q3
Interest Rate -0.10 -0.1 -0.1 -0.1 0 percent
Interbank Rate -0.12 -0.09 -0.09 -0.09 -0.09 percent
Central Bank Balance Sheet 555501.00 556508 566804 576522 585855 JPY Billion
Loans to Private Sector 460417.30 460490 460392 460367 460364 JPY Billion
Deposit Interest Rate 0.32 0.32 0.32 0.32 0.32 percent
Foreign Stock Investment -137.90 -120 -56.18 -56.17 -56.17 JPY Billion
Loan Growth 2.10 2.2 2.4 2.3 2.21 percent
Trade Actual Q4 Q1 Q2 Q3
Balance of Trade -449.26 -457 -484 -487 -472 JPY Billion
Exports 7243.43 6860 6930 6960 6980 JPY Billion
Imports 7692.69 7310 7410 7450 7450 JPY Billion
Current Account to GDP 4.02 3.5 3 3 3 percent
Terms of Trade 95.00 97.31 97.21 96.71 96.71 Index Points
Capital Flows 31777.00 5107 42654 12661 18373 JPY HML
Tourist Arrivals 2640600.00 2274200 2284000 2378500 2358100
Terrorism Index 3.60 2.2 3.6 1.5 1.5
Government Actual Q4 Q1 Q2 Q3
Government Debt to GDP 253.00 254 256 256 256 percent
Government Budget -4.50 -4.4 -4.5 -4.5 -4.5 percent of GDP
Government Budget Value -113831.00 -54452 -54475 -54475 -54475 JPY HND Million
Government Spending 107015.20 107732 107559 107566 108406 JPY Billion
Government Spending To GDP 39.05 39.05 39.05 39.05 39.05 percent
Taxes Actual Q4 Q1 Q2 Q3
Corporate Tax Rate 30.86 30.86 30.86 30.86 30.86 percent
Personal Income Tax Rate 55.95 55.95 55.95 55.95 55.95 percent
Sales Tax Rate 8.00 8 10 10 10 percent
Social Security Rate 29.20 29.2 29.2 29.2 29.2 percent
Social Security Rate For Companies 14.75 14.75 14.75 14.75 14.75 percent
Social Security Rate For Employees 14.45 14.45 14.45 14.45 14.45 percent
Business Actual Q4 Q1 Q2 Q3
Business Confidence 19.00 17 21 20 18.3 Index Points
Services Pmi 52.30 52.5 52 51.3 51.55 Index Points
Manufacturing PMI 52.20 51.9 52 53 51.72
Industrial Production 4.20 3 3.83 0.3 0.9 percent
Industrial Production Mom 2.90 0.7 0.5 -0.2 0.1 percent
Manufacturing Production -2.50 2.5 -2.34 -2.31 -2.32 percent
Capacity Utilization 101.20 101 101 101 101 Index Points
Machinery Orders -18.30 -0.6 1.7 -1.4 0.17 percent
Corporate Profits 18284.72 24598 22164 26552 23405 JPY Billion
Coincident Index 104.50 114 113 113 113
Economy Watchers Survey 49.50 49.18 49.03 49.09 49.06
Car Production 692919.00 688575 826652 794641 682658 Units
Car Registrations 240819.00 229486 253838 273989 260056
Leading Economic Index 100.50 104 105 105 105 Index Points
Small Business Sentiment 14.00 13 15 12 10
Private Investment 4.50 5.41 4.92 1.42 5.85 percent
Mining Production -0.20 -2.19 -1.74 -1.52 -1.42 percent
Non Manufacturing Pmi 22.00 24 24 26 21
Competitiveness Index 82.47 82.97 82.97 82.97 82.97 Points
Competitiveness Rank 5.00 5 5 5 5
Ease of Doing Business 39.00 36 37 38 36
Corruption Index 73.00 73 73 73 73 Points
Corruption Rank 20.00 20 20 20 20
Consumer Actual Q4 Q1 Q2 Q3
Consumer Confidence 42.90 44 43.9 43.9 42.91 Index Points
Retail Sales MoM 1.20 0.8 0.13 0.08 0.07 percent
Retail Sales YoY 3.50 -0.9 1.7 2.1 1.86 percent
Household Spending -0.30 0.71 -0.82 -0.7 -0.67 percent
Consumer Spending 300651.10 303005 301729 303101 304560 JPY Billion
Disposable Personal Income 428.52 767 365 610 427 JPY Thousand
Personal Savings 22.50 50 5 42 10 percent
Bank Lending Rate 1.00 1 1 1 1 percent
Households Debt To GDP 57.40 58.8 58 57.5 57.3 percent of GDP
Consumer Credit 334396.00 337370 337479 336246 337233 JPY Billion
Gasoline Prices 1.35 1.39 1.36 1.34 1.31 USD/Liter
Housing Actual Q4 Q1 Q2 Q3
Housing Starts 0.30 0.6 -0.48 -0.4 -0.39 percent
Construction Orders -16.50 2.2 -4.1 -4.06 -4.05 percent
Housing Index 111.89 112 115 114 115 Index Points


This page has economic forecasts for Japan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Japan economy.