Real Gross Domestic Product for Japan
JPNRGDPEXP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
561,055.80
Year-over-Year Change
2.96%
Date Range
1/1/1994 - 1/1/2025
Summary
The Real Gross Domestic Product (GDP) for Japan measures the total value of goods and services produced in the Japanese economy, adjusted for inflation. It is a key indicator of economic health and growth.
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 Real GDP for Japan represents the broadest measure of the Japanese economy's productive capacity. It is closely watched by policymakers, economists, and investors to gauge the country's economic performance and inform decision-making.
Methodology
The data is calculated by the Japanese government using a variety of sources, including surveys of businesses and households.
Historical Context
Real GDP is a crucial input for fiscal and monetary policy in Japan, as well as an important metric for international economic comparisons.
Key Facts
- Japan is the world's third-largest economy by nominal GDP.
- Real GDP growth in Japan averaged 0.7% annually from 2010 to 2019.
- The COVID-19 pandemic caused a 4.6% contraction in Japan's real GDP in 2020.
FAQs
Q: What does this economic trend measure?
A: The Real Gross Domestic Product (GDP) for Japan measures the total value of goods and services produced in the Japanese economy, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Real GDP is a key indicator of Japan's economic health and growth, and is closely watched by policymakers, economists, and investors to inform decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the Japanese government using a variety of sources, including surveys of businesses and households.
Q: How is this trend used in economic policy?
A: Real GDP is a crucial input for fiscal and monetary policy in Japan, as well as an important metric for international economic comparisons.
Q: Are there update delays or limitations?
A: The real GDP data for Japan is typically released on a quarterly basis, with some potential for minor delays in publication.
Related Trends
National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Japan
NAEXKP07JPQ657S
Broad Effective Exchange Rate for Japan
NBJPBIS
Sales: Retail Trade: Total Retail Trade: Volume for Japan
SLRTTO01JPA659S
Production: Industry: Total Industry Excluding Construction for Japan
JPNPRINTO01GYSAM
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Japan
LRAC25FEJPM156S
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Japan
CPGREN01JPQ657N
Citation
U.S. Federal Reserve, Real Gross Domestic Product for Japan (JPNRGDPEXP), retrieved from FRED.