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Japan GDP Annual Growth Rate
Last Release
Mar 31, 2024
Actual
-0.2
Units In
%
Previous
1
Frequency
Quarterly
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
9.4 Mar 1988 | -10.1 Jun 2020 | 1.71 % | 1981-2024 | N/A |
Japan’s economy, the fourth largest in the world, is fully diversified and technologically advanced. Like in most developed countries, services account for the highest percentage of GDP (around 62 percent of GDP). Within services the most important once are wholesale and retail trade (around 7 percent of GDP) and real estate (around 6 percent of GDP). Manufacturing is the engine of the Japanese economy and accounts for nearly 22 percent of GDP. Construction also plays a significant role, accounting for around 5 percent of GDP.
Japan GDP Annual Growth Rate History
Last 12 readings