National Accounts: Real Gross Domestic Product for Japan
JPNNGDPRPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.52
Year-over-Year Change
-69.23%
Date Range
1/1/1990 - 1/1/2029
Summary
The National Accounts: Real Gross Domestic Product for Japan measures the inflation-adjusted value of all goods and services produced within Japan. It is a key indicator of the overall health and growth of the Japanese economy.
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
Real GDP is a comprehensive measure of a country's economic activity, representing the total market value of all final goods and services produced. It is a widely used metric for assessing economic performance and serves as an important input for policymakers and analysts when evaluating the Japanese economy.
Methodology
The data is collected and calculated by the Japanese government based on surveys and other economic statistics.
Historical Context
Real GDP is a crucial statistic for understanding trends in the Japanese economy and guiding fiscal and monetary policies.
Key Facts
- Japan is the world's third-largest economy by nominal GDP.
- Real GDP growth in Japan averaged 1.7% annually from 2010-2020.
- Japan's real GDP contracted by 4.8% in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The National Accounts: Real Gross Domestic Product for Japan measures the inflation-adjusted value of all goods and services produced within the Japanese economy.
Q: Why is this trend relevant for users or analysts?
A: Real GDP is a crucial indicator of economic performance and growth, providing important insights for policymakers, investors, and analysts examining the Japanese economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Japanese government based on surveys and other economic statistics.
Q: How is this trend used in economic policy?
A: Real GDP is a crucial statistic for understanding trends in the Japanese economy and guiding fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with some delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, National Accounts: Real Gross Domestic Product for Japan (JPNNGDPRPCPPPT), retrieved from FRED.