The Gross Domestic Product (GDP) in Japan expanded 1.40 percent in the third quarter of 2021 over the same quarter of the previous year. source: Cabinet Office, Japan

GDP Annual Growth Rate in Japan averaged 1.76 percent from 1981 until 2021, reaching an all time high of 9.40 percent in the first quarter of 1988 and a record low of -10.10 percent in the second quarter of 2020. This page provides - Japan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan GDP Annual Growth Rate - values, historical data and charts - was last updated on December of 2021.

GDP Annual Growth Rate in Japan is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan GDP Annual Growth Rate is projected to trend around 1.00 percent in 2022 and 1.70 percent in 2023, according to our econometric models.

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Japan GDP Annual Growth Rate


Related Last Previous Unit Reference
GDP Growth Rate -0.80 0.40 percent Sep/21
GDP Growth Annualized -3.00 1.50 percent Sep/21
GDP Annual Growth Rate 1.40 7.60 percent Sep/21
GDP Constant Prices 534705.60 538824.90 JPY Billion Sep/21
Gross National Product 549667.40 557616.50 JPY Billion Sep/21
Gross Fixed Capital Formation 130252.70 134460.80 JPY Billion Sep/21
GDP From Utilities 16498.00 16946.40 JPY Billion Dec/19
GDP From Transport 22885.30 23141.00 JPY Billion Dec/19
GDP From Services 22059.10 22018.40 JPY Billion Dec/19
GDP From Public Administration 27095.30 26898.50 JPY Billion Dec/19
GDP From Mining 381.00 398.70 JPY Billion Dec/19
GDP From Manufacturing 117923.20 118976.00 JPY Billion Dec/19
GDP From Construction 28935.10 29460.80 JPY Billion Dec/19
GDP From Agriculture 4883.30 4816.60 JPY Billion Dec/19
Japan GDP Annual Growth Rate
Japan’s economy, the fourth largest in the world, is fully diversified and technologically advanced. Like in most developed countries, services account for the highest percentage of GDP (around 62 percent of GDP). Within services the most important once are wholesale and retail trade (around 7 percent of GDP) and real estate (around 6 percent of GDP). Manufacturing is the engine of the Japanese economy and accounts for nearly 22 percent of GDP. Construction also plays a significant role, accounting for around 5 percent of GDP.