The Japanese economy grew by 1.0 percent in 2022, following a 2.1 percent expansion in 2021. source: Cabinet Office, Japan

Full Year GDP Growth in Japan averaged 0.74 percent from 1995 until 2022, reaching an all time high of 4.10 percent in 2010 and a record low of -5.70 percent in 2009. This page includes a chart with historical data for Japan Full Year GDP Growth. Japan Full Year GDP Growth - values, historical data and charts - was last updated on June of 2023.

Full Year GDP Growth in Japan is expected to reach 1.70 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Full Year GDP Growth is projected to trend around 1.20 percent in 2024 and 1.00 percent in 2025, according to our econometric models.

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Japan Full Year GDP Growth

Related Last Previous Unit Reference
GDP Growth Rate 0.40 0.00 percent Mar 2023
GDP Annual Growth Rate 1.30 0.40 percent Mar 2023
GDP 4940.88 5040.11 USD Billion Dec 2021

Japan Full Year GDP Growth
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.
Actual Previous Highest Lowest Dates Unit Frequency
1.00 2.10 4.10 -5.70 1995 - 2022 percent Yearly