Japan's economy grew an annualized 11.7 percent in October-December 2020, slightly below the initial estimate of a 12.7 percent advance and compared with a revised 22.8 percent expansion in the previous three-month period. source: Cabinet Office, Japan
GDP Growth Annualized in Japan averaged 1.92 percent from 1980 until 2020, reaching an all time high of 22.80 percent in the third quarter of 2020 and a record low of -29.30 percent in the second quarter of 2020. This page provides the latest reported value for - Japan GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan GDP Growth Annualized - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
GDP Growth Annualized in Japan is expected to be -4.80 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 3.40 in 12 months time. In the long-term, the Japan GDP Growth Annualized is projected to trend around 3.40 percent in 2022 and 2.20 percent in 2023, according to our econometric models.