Japan: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 0.8 percent as of Q2 2024, an increase compared to the previous value of -0.6 percent. Historically, the average for Japan from Q2 1960 to Q2 2024 is 0.85 percent. The minimum of -7.7 percent was recorded in Q2 2020, while the maximum of 5.7 percent was reached in Q4 1968.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Economic and Social Research Institute of Japan
| Recent values | Japan: Economic growth, quarterly |
|---|---|
| 2024 Q2 | 0.8 |
| 2024 Q1 | -0.6 |
| 2023 Q4 | 0.1 |
| 2023 Q3 | -1 |
| 2023 Q2 | 0.6 |
| 2023 Q1 | 1.3 |
| 2022 Q4 | 0.4 |
| 2022 Q3 | -0.3 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 1.92 | 2023 | percent |
| GDP, constant dollars | 4,617.0 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 4,212.95 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 33,834.39 | 2023 | U.S. dollars |
| GDP per capita, PPP | 46,268 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 37,079.11 | 2023 | U.S. dollars |
| Productivity, relative to the U.S. | 58.36 | 2022 | index points |
| Productivity, current USD | 53.4 | 2022 | USD per hour worked |
| Economic growth, quarterly | 1.30 | Q3/2023 | percent |
| Economic growth Q-on-Q | -1.00 | Q3/2023 | percent |
| Gross Domestic Product (GDP) | 145,216.50 | Q3/2023 | billion |