National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Japan
Growth rate same period previous year, Quarterly
NAEXKP02JPQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.78
Year-over-Year Change
80.67%
Date Range
1/1/1995 - 1/1/2025
Summary
The 'Growth rate same period previous year, Quarterly' measures the year-over-year change in a country's gross domestic product (GDP). This metric provides valuable insights into the pace and trajectory of a nation's economic 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
This economic indicator tracks the annualized percentage change in a country's GDP compared to the same quarter in the previous year. It is a widely used measure of economic performance and a key input for policymakers and analysts when assessing a country's economic health and growth potential.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on official GDP statistics.
Historical Context
This trend is closely monitored by central banks, governments, and financial markets to gauge the overall strength of the economy and inform policy decisions.
Key Facts
- GDP growth rate reached a high of 6.3% in Q2 2021.
- GDP growth has averaged 2.3% annually over the past decade.
- Positive GDP growth is a sign of a healthy, expanding economy.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Quarterly' measures the year-over-year change in a country's gross domestic product (GDP), providing insights into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of a country's economic performance and is closely monitored by policymakers, central banks, and financial markets to assess the overall strength of the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on official GDP statistics.
Q: How is this trend used in economic policy?
A: Central banks and governments use this GDP growth rate metric to inform monetary and fiscal policy decisions, aiming to foster stable and sustainable economic expansion.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of a few weeks after the end of each quarter.
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Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Japan
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP02JPQ659S), retrieved from FRED.