The Japanese economy shrank an annualized 2.5 percent on quarter in the third quarter of 2018, much worse than preliminary estimates of a 1.2 percent fall and forecasts of a 1.9 percent decline. It is the steepest contraction since the second quarter of 2014 and follows a downwardly revised 2.8 percent growth in the second quarter. Capital expenditure slumped 10.6 percent, private spending went down 0.7 percent and net external demand contributed negatively (-0.3 percentage points). GDP Growth Annualized in Japan averaged 2.06 percent from 1980 until 2018, reaching an all time high of 12.90 percent in the fourth quarter of 1989 and a record low of -17.80 percent in the first quarter of 2009.

GDP Growth Annualized in Japan is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Annualized in Japan to stand at 1.28 in 12 months time. In the long-term, the Japan GDP Growth Annualized is projected to trend around 2.90 percent in 2020, according to our econometric models.

Japan GDP Growth Annualized
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-09 11:50 PM GDP Growth Annualized Prel 1.9% -0.9% 1.4% 0.9%
2018-09-09 11:50 PM GDP Growth Annualized Final 3% -0.9% 2.6% 2.3%
2018-11-13 11:50 PM GDP Growth Annualized Prel -1.2% 3% -1% -1.1%
2018-12-09 11:50 PM GDP Growth Annualized Final -2.5% 2.8% -1.9% -1.2%
2019-02-13 11:50 PM GDP Growth Annualized Prel -2.5% 1.70%
2019-03-07 11:50 PM GDP Growth Annualized Final 1.70%
2019-05-15 11:50 PM GDP Growth Annualized Prel 1.80%


Japan GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.60 0.70 3.20 -4.80 percent [+]
GDP Annual Growth Rate 0.00 1.40 9.40 -8.80 percent [+]
GDP Growth Annualized -2.50 2.80 12.90 -17.80 percent [+]
GDP 4872.14 4949.27 6203.21 44.31 USD Billion [+]
GDP Constant Prices 532648.20 536036.70 536036.70 255945.60 JPY Billion [+]
Gross National Product 554498.40 560369.70 560369.70 260680.20 JPY Billion [+]
Gross Fixed Capital Formation 125711.90 128510.50 141805.40 71463.10 JPY Billion [+]
GDP per capita 48556.93 47660.90 48556.93 8607.70 USD [+]
GDP per capita PPP 39002.22 38282.50 39002.22 30582.40 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 26247.90 26262.30 26535.70 22255.00 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 Annualized

GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year. This page provides the latest reported value for - Japan GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan GDP Growth Annualized - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-2.50 2.80 12.90 -17.80 1980 - 2018 percent Quarterly
SA, Constant Prices




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