Flag of jp

Japan GDP Growth Rate (YoY)

Japan's year-on-year GDP growth slowed to 1.2% in Q2 2025 from 1.8% in Q1 2025. This deceleration was mainly due to export performance which improved from a drag in Q1 to resilient growth in Q2. Strong capital spending continued to support the economy and private consumption expanded modestly. Japan's record low GDP Growth Rate (YoY) was -9.7% in Q2 2020 and record high was 13.8% in Q4 1960.

Quarterly Historical Data (1956-2025)

(in %)
Quarter GDP Growth Rate (YoY)
Q2 2025 1.2%
Q1 2025 1.8%
Q4 2024 1.2%
Q3 2024 0.8%
Q2 2024 -0.7%
Q1 2024 -0.8%
Q4 2023 0.5%
Q3 2023 0.9%
Q2 2023 1.4%
Q1 2023 2.2%
Q4 2022 0.3%
Q3 2022 1.3%
Q2 2022 1.4%
Q1 2022 0.9%
Q4 2021 1.6%
Q3 2021 2.3%
Q2 2021 8%
Q1 2021 -0.6%
Q4 2020 -0.4%
Q3 2020 -5%
Q2 2020 -9.7%
Q1 2020 -1.7%
Q4 2019 -2%
Q3 2019 0.6%
Q2 2019 0%
Q1 2019 -0.2%
Q4 2018 -0.1%
Q3 2018 0%
Q2 2018 1.3%
Q1 2018 1.4%
Q4 2017 2.2%
Q3 2017 2%
Q2 2017 1.4%
Q1 2017 1%
Q4 2016 1%
Q3 2016 0.5%
Q2 2016 0.5%
Q1 2016 1%
Q4 2015 1.5%
Q3 2015 2.2%
Q2 2015 2.4%
Q1 2015 0.3%
Q4 2014 -0.5%
Q3 2014 -1.1%
Q2 2014 -0.1%
Q1 2014 2.9%
Q4 2013 3.1%
Q3 2013 3.1%
Q2 2013 1.8%
Q1 2013 0%
Q4 2012 -0.1%
Q3 2012 -0.1%
Q2 2012 2.8%
Q1 2012 3%
Q4 2011 0.2%
Q3 2011 -0.3%
Q2 2011 -0.9%
Q1 2011 1.1%
Q4 2010 3%
Q3 2010 5.6%
Q2 2010 3.5%
Q1 2010 4.4%
Q4 2009 -1.7%
Q3 2009 -5.4%
Q2 2009 -6.6%
Q1 2009 -9%
Q4 2008 -3.9%
Q3 2008 -1%
Q2 2008 -0.4%
Q1 2008 0.4%
Q4 2007 0.6%
Q3 2007 1.4%
Q2 2007 1.8%
Q1 2007 2.2%
Q4 2006 1.5%
Q3 2006 0.2%
Q2 2006 1.4%
Q1 2006 2.5%
Q4 2005 2.4%
Q3 2005 2%
Q2 2005 1.7%
Q1 2005 1.1%
Q4 2004 1.1%
Q3 2004 2.5%
Q2 2004 2.2%
Q1 2004 3.1%
Q4 2003 1.9%
Q3 2003 1.3%
Q2 2003 1.4%
Q1 2003 1.6%
Q4 2002 1.4%
Q3 2002 0.9%
Q2 2002 -0.3%
Q1 2002 -1.9%
Q4 2001 -1.7%
Q3 2001 -0.2%
Q2 2001 1%
Q1 2001 2.5%
Q4 2000 2.6%
Q3 2000 2.4%
Q2 2000 2.9%
Q1 2000 3.2%
Q4 1999 -0.8%
Q3 1999 0.2%
Q2 1999 -0.1%
Q1 1999 -0.6%
Q4 1998 -0.8%
Q3 1998 -1.4%
Q2 1998 -1.1%
Q1 1998 -1.7%
Q4 1997 -0.5%
Q3 1997 0.8%
Q2 1997 0.9%
Q1 1997 2.8%
Q4 1996 3.1%
Q3 1996 2.6%
Q2 1996 3.3%
Q1 1996 3.5%
Q4 1995 3.5%
Q3 1995 2.8%
Q2 1995 2.9%
Q1 1995 1.3%
Q4 1994 0.1%
Q3 1994 2.4%
Q2 1994 2.4%
Q1 1994 -1.3%
Q4 1993 0.3%
Q3 1993 -1%
Q2 1993 0.1%
Q1 1993 1.3%
Q4 1992 -0.2%
Q3 1992 1.1%
Q2 1992 0.8%
Q1 1992 1.8%
Q4 1991 2.3%
Q3 1991 1.6%
Q2 1991 3.7%
Q1 1991 5.9%
Q4 1990 4%
Q3 1990 7.7%
Q2 1990 7.5%
Q1 1990 3.3%
Q4 1989 6%
Q3 1989 4.2%
Q2 1989 4.7%
Q1 1989 6.6%
Q4 1988 5.3%
Q3 1988 7.3%
Q2 1988 6.6%
Q1 1988 9.8%
Q4 1987 6.4%
Q3 1987 4.9%
Q2 1987 3.3%
Q1 1987 1.5%
Q4 1986 1.6%
Q3 1986 1.9%
Q2 1986 2.6%
Q1 1986 5.5%
Q4 1985 7.2%
Q3 1985 6%
Q2 1985 6.4%
Q1 1985 5.7%
Q4 1984 4%
Q3 1984 4.6%
Q2 1984 4.8%
Q1 1984 4.5%
Q4 1983 3%
Q3 1983 3.8%
Q2 1983 2.9%
Q1 1983 2.5%
Q4 1982 3.9%
Q3 1982 3.2%
Q2 1982 2.8%
Q1 1982 3.5%
Q4 1981 2.2%
Q3 1981 3.8%
Q2 1981 6.5%
Q1 1981 4.5%
Q4 1980 0.9%
Q3 1980 0.1%
Q2 1980 0.8%
Q1 1980 2.5%
Q4 1979 4.1%
Q3 1979 6.8%
Q2 1979 8.4%
Q1 1979 7.1%
Q4 1978 7%
Q3 1978 5.1%
Q2 1978 4.1%
Q1 1978 4.5%
Q4 1977 3.4%
Q3 1977 3.6%
Q2 1977 5%
Q1 1977 4.3%
Q4 1976 3.4%
Q3 1976 3.4%
Q2 1976 2.4%
Q1 1976 2.4%
Q4 1975 4.4%
Q3 1975 2.9%
Q2 1975 4.4%
Q1 1975 6.1%
Q4 1974 -2.6%
Q3 1974 1.7%
Q2 1974 1.6%
Q1 1974 -0.6%
Q4 1973 8.1%
Q3 1973 8.4%
Q2 1973 8%
Q1 1973 11%
Q4 1972 10.3%
Q3 1972 9.8%
Q2 1972 8.1%
Q1 1972 7.5%
Q4 1971 5.6%
Q3 1971 4.4%
Q2 1971 6.3%
Q1 1971 5.8%
Q4 1970 4.7%
Q3 1970 9.7%
Q2 1970 6.6%
Q1 1970 9.2%
Q4 1969 9.3%
Q3 1969 10%
Q2 1969 10.8%
Q1 1969 11.6%
Q4 1968 10%
Q3 1968 8.1%
Q2 1968 8%
Q1 1968 7.7%
Q4 1967 8.6%
Q3 1967 11.8%
Q2 1967 11.4%
Q1 1967 10%
Q4 1966 10.7%
Q3 1966 10%
Q2 1966 10.2%
Q1 1966 9%
Q4 1965 7%
Q3 1965 5.5%
Q2 1965 4.2%
Q1 1965 6.1%
Q4 1964 8.8%
Q3 1964 10.8%
Q2 1964 12.7%
Q1 1964 11.4%
Q4 1963 9.1%
Q3 1963 10.6%
Q2 1963 8.5%
Q1 1963 6.8%
Q4 1962 6.8%
Q3 1962 7%
Q2 1962 8%
Q1 1962 8.6%
Q4 1961 9.8%
Q3 1961 10.6%
Q2 1961 12.2%
Q1 1961 9.2%
Q4 1960 13.8%
Q3 1960 7.8%
Q2 1960 10%
Q1 1960 12.2%
Q4 1959 7.5%
Q3 1959 11.6%
Q2 1959 7.4%
Q1 1959 7.1%
Q4 1958 5%
Q3 1958 6.6%
Q2 1958 7.2%
Q1 1958 6.7%
Q4 1957 10.3%
Q3 1957 7.7%
Q2 1957 7.7%
Q1 1957 6.2%
Q4 1956 6.5%
Q3 1956 9.2%
Q2 1956 11.6%
Q1 1956 9.1%
Japan GDP Growth Rate (YoY) : Definition
Japan's year-on-year GDP growth rate shows the percentage economic expansion compared to the same quarter a year earlier. It is calculated by comparing the current quarter's Gross Domestic Product with that of the corresponding quarter from the previous year. Main components are consumer spending, business investment, government purchases and net exports which significantly impacts the rate.
Indicator Last Value Prior Value Period
GDP $4.03T $4.21T 2024
GDP Annual Growth Rate 0.08% 1.48% 2024
GDP Growth Rate (QoQ) 0.5% 0.1% 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