Japan's economy grew by an annualized 1.8 percent in the third quarter of 2019, much more than the initial estimate of a 0.2 percent expansion and easily beating market expectations of 0.7 percent. GDP Growth Annualized in Japan averaged 2.04 percent from 1980 until 2019, reaching an all time high of 12.90 percent in the fourth quarter of 1989 and a record low of -17.80 percent in the first quarter of 2009. source: Cabinet Office, Japan
GDP Growth Annualized in Japan is expected to be 1.50 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 1.70 in 12 months time. In the long-term, the Japan GDP Growth Annualized is projected to trend around 2.20 percent in 2020, according to our econometric models.