National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Japan
JPNIMPORTQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,828,925,000,000.00
Year-over-Year Change
70.11%
Date Range
1/1/1994 - 7/1/2023
Summary
This economic trend measures imports of goods and services in Japan, which is a key component of the country's gross domestic product (GDP) by expenditure. It provides insights into Japan's international trade dynamics and macroeconomic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Japan' series represents the value of all goods and services imported into Japan. This metric is used by economists and policymakers to analyze Japan's trade balance, external sector, and overall economic activity.
Methodology
The data is collected and calculated by Japan's Cabinet Office using national accounting standards.
Historical Context
Imports data is a crucial input for understanding Japan's GDP and economic health, as well as informing trade and fiscal policies.
Key Facts
- Japan is the world's third-largest economy.
- Imports account for around 18% of Japan's GDP.
- Import trends reflect domestic and global economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of all goods and services imported into Japan, which is a key component of the country's GDP calculation.
Q: Why is this trend relevant for users or analysts?
A: Imports data is crucial for understanding Japan's trade balance, economic activity, and the performance of its external sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Japan's Cabinet Office using national accounting standards.
Q: How is this trend used in economic policy?
A: Imports data informs trade, fiscal, and macroeconomic policies in Japan and globally.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, providing timely insights into Japan's international trade.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Japan (JPNIMPORTQDSMEI), retrieved from FRED.