National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Japan
Growth rate same period previous year, Quarterly
NAEXKP03JPQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.67
Year-over-Year Change
-73.72%
Date Range
1/1/1995 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of Japan's real gross domestic product (GDP) on a quarterly basis. It is a key indicator of the country's overall economic performance and growth trajectory.
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 growth rate same period previous year, Quarterly metric represents the percent change in Japan's real GDP compared to the same quarter of the previous year. It provides insights into the pace and direction of the Japanese economy over time, which is crucial for policymakers, analysts, and investors.
Methodology
The data is collected and calculated by the Japanese government's Cabinet Office based on official GDP statistics.
Historical Context
This trend is widely monitored by economists, financial markets, and policymakers to assess Japan's economic health and inform policy decisions.
Key Facts
- Japan is the world's third-largest economy.
- Quarterly GDP growth is a leading economic indicator.
- The trend has fluctuated between -3% and 3% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of Japan's real gross domestic product (GDP) on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of Japan's GDP is a crucial indicator of the country's overall economic performance and growth trajectory, which is closely monitored by policymakers, analysts, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Japanese government's Cabinet Office based on official GDP statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health of the Japanese economy and inform policy decisions, particularly in areas such as monetary policy, fiscal policy, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of several weeks after the end of each quarter. There may be revisions to the historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP03JPQ659S), retrieved from FRED.