Japan's economy grew at an annualized rate of 12.7 percent in the last quarter of 2020, compared with market consensus of a 9.5 percent expansion and following a revised 22.7 percent growth in the previous period. source: Cabinet Office, Japan
GDP Growth Annualized in Japan averaged 1.95 percent from 1980 until 2020, reaching an all time high of 22.70 percent in the third quarter of 2020 and a record low of -29.30 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
GDP Growth Annualized in Japan is expected to be -4.80 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 3.40 in 12 months time. In the long-term, the Japan GDP Growth Annualized is projected to trend around 3.40 percent in 2022 and 2.20 percent in 2023, according to our econometric models.