National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Japan
Growth rate same period previous year, Annual
NAEXKP04JPA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.26
Year-over-Year Change
-90.78%
Date Range
1/1/1995 - 1/1/2024
Summary
The 'Growth rate same period previous year, Annual' measures the year-over-year change in real gross domestic product (GDP) for Japan. This key economic indicator provides insights into the overall health and performance 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
This annual growth rate metric compares the current year's GDP to the previous year's GDP for the same period, adjusting for inflation. It is a widely used indicator of economic expansion or contraction and can inform policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using official GDP statistics reported by the Japanese government.
Historical Context
Policymakers and analysts monitor this trend to assess the broader macroeconomic conditions and growth trajectory in Japan.
Key Facts
- Japan's GDP growth rate was 1.7% in 2021.
- The growth rate reached a low of -4.5% in 2020 due to the COVID-19 pandemic.
- Japan's economy is the third-largest in the world by nominal GDP.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Annual' measures the year-over-year change in real gross domestic product (GDP) for Japan.
Q: Why is this trend relevant for users or analysts?
A: This key indicator provides insights into the overall health and performance of the Japanese economy, informing policy decisions and assessments of the broader macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using official GDP statistics reported by the Japanese government.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the growth trajectory in Japan and make informed decisions about economic policies and interventions.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and accuracy of the GDP statistics reported by the Japanese government.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual (NAEXKP04JPA659S), retrieved from FRED.