National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Japan
Growth rate same period previous year, Quarterly
JPNGDPRQPSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.70
Year-over-Year Change
130.62%
Date Range
1/1/1995 - 1/1/2025
Summary
The 'Growth rate same period previous year, Quarterly' measures the year-over-year change in Japan's real Gross Domestic Product (GDP) on a quarterly basis. This key economic indicator provides insights into the pace and direction of Japan's economic expansion or contraction.
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 GDP growth rate trend represents the annualized percentage change in Japan's real GDP compared to the same quarter in the previous year. Economists and policymakers closely monitor this indicator to assess the health and trajectory of the Japanese economy.
Methodology
The data is calculated based on official GDP figures reported by the Japanese government.
Historical Context
The GDP growth rate is a widely followed metric used to inform economic and monetary policy decisions.
Key Facts
- Japan's GDP grew 1.1% in Q3 2022 compared to the same period in 2021.
- The GDP growth rate reached a high of 8.3% in Q2 2021 as the economy rebounded from the COVID-19 pandemic.
- Quarterly GDP growth has averaged 1.5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Quarterly' measures the year-over-year change in Japan's real Gross Domestic Product (GDP) on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This GDP growth rate trend is a key indicator of the health and trajectory of the Japanese economy, providing insights that are crucial for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is calculated based on official GDP figures reported by the Japanese government.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a widely followed metric used to inform economic and monetary policy decisions in Japan and globally.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately 2 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (JPNGDPRQPSMEI), retrieved from FRED.