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Japan GDP Annual Growth Rate

Japan's GDP annual growth rate fell to 0.08% in 2024, down from 1.48% in 2023, according to World Bank. This represents a decrease of 1.4% from the previous year. Japan has GDP annual growth rate lower than the global median (0.08% vs median 3.24%). Compared with the median in Asia, Japan is lower (0.08% vs regional median 3.76%) and ranks 40th out of 47 countries in Asia.

Japan's real GDP rose to $4.61 trillion in 2024, up from $4.6 trillion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 0.08%
2023 1.48%
2022 0.94%
2021 2.7%
2020 -4.17%
2019 -0.4%
2018 0.64%
2017 1.68%
2016 0.75%
2015 1.56%
2014 0.3%
2013 2.01%
2012 1.37%
2011 0.02%
2010 4.1%
2009 -5.69%
2008 -1.22%
2007 1.48%
2006 1.37%
2005 1.8%
2004 2.19%
2003 1.54%
2002 0.04%
2001 0.39%
2000 2.76%
1999 -0.33%
1998 -1.27%
1997 0.98%
1996 3.13%
1995 2.63%
1994 1.08%
1993 -0.46%
1992 0.9%
1991 3.52%
1990 4.84%
1989 4.93%
1988 6.66%
1987 4.65%
1986 3.29%
1985 5.16%
1984 4.41%
1983 3.63%
1982 3.28%
1981 4.26%
1980 2.82%
1979 5.48%
1978 5.27%
1977 4.39%
1976 3.97%
1975 3.09%
1974 -1.23%
1973 8.03%
1972 8.41%
1971 4.7%
1970 0.4%
1969 12.48%
1968 12.88%
1967 11.08%
1966 10.64%
1965 5.82%
1964 11.68%
1963 8.47%
1962 8.91%
1961 12.04%
Japan GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Japan's total economic output.
Indicator Last Value Prior Value Period
GDP $4.03T $4.21T 2024
GDP Growth Rate (QoQ) 0.5% 0.1% Jun'25
GDP Growth Rate (YoY) 1.2% 1.8% Jun'25
GDP per Capita $37,144.91 $36,952.52 2024
GDP per Capita PPP $46,097.43 $45,858.66 2024
R&D Expenditure (% GDP) 3.41% 3.28% 2022
Real GDP $4.61T $4.6T 2024