# What is Japan's GDP growth rate? · Plover Analytics

> Japan's real GDP growth: the annualised quarter-on-quarter rate and the year-on-year rate from the Cabinet Office's quarterly estimates, seasonally adjusted, with the last eight quarters.

Page: https://ploveranalytics.com/japan-gdp-growth.html

## What is Japan's GDP growth rate?

Japan's economy grew at an annualised rate of 1.4% in Q2 2026, quarter on quarter, on the Cabinet Office's quarterly estimate of real gross domestic product, seasonally adjusted, at chained 2020 prices. That compares with 1.9% in Q1 2026. Compared with the same quarter a year earlier, real GDP was 0.7% higher.

_Latest readings, levels as published and rates calculated from them_

| Period | Real GDP (¥bn) | Annualised QoQ (%) | YoY (%) |
|---|---:|---:|---:|
| Q2 2026 | 598,950.5 | 1.4 | 0.7 |
| Q1 2026 | 596,799.3 | 1.9 | 0.5 |
| Q4 2025 | 593,959.0 | 1.1 | 0.5 |
| Q3 2025 | 592,407.5 | −1.5 | 0.7 |
| Q2 2025 | 594,629.6 | 0.5 | 1.9 |
| Q1 2025 | 593,896.1 | 2.0 | 1.6 |
| Q4 2024 | 590,926.5 | 1.6 | 1.0 |
| Q3 2024 | 588,580.5 | 3.4 | 1.1 |

Annualised QoQ: ((level[t] / level[t−1 quarter]) ^ 4 − 1) × 100; YoY: (level[t] / level[t−4 quarters] − 1) × 100, from published values.

Source: Cabinet Office, Economic and Social Research Institute — Quarterly Estimates of GDP. · Data through Q2 2026 · JSON: https://ploveranalytics.com/api/v1/gdp-jp/observations?series=gdp.real_sa&measure=ann3m · CSV: https://ploveranalytics.com/api/v1/gdp-jp/observations?series=gdp.real_sa&measure=ann3m&format=csv · Data page: https://ploveranalytics.com/gdp.html

## Quarterly GDP estimates — expenditure side

Latest reading, April 2026: Real GDP 598,950 ¥bn; Nominal GDP 689,219 ¥bn; Private Consumption 310,766 ¥bn; Business Investment 107,634 ¥bn.

_Latest values, as published_

| Period | Real GDP (¥bn) | Nominal GDP (¥bn) | GDP deflator (index) | Real GDP · YoY (%) |
|---|---:|---:|---:|---:|
| Q2 2026 | 598,950 | 689,219 | 115.1 | 0.7 |
| Q1 2026 | 596,799 | 680,104 | 114.0 | 0.5 |
| Q4 2025 | 593,959 | 675,001 | 113.6 | 0.5 |
| Q3 2025 | 592,408 | 668,858 | 112.9 | 0.7 |
| Q2 2025 | 594,630 | 666,770 | 112.1 | 1.9 |
| Q1 2025 | 593,896 | 655,118 | 110.3 | 1.6 |
| Q4 2024 | 590,926 | 649,474 | 109.9 | 1.0 |
| Q3 2024 | 588,580 | 642,142 | 109.1 | 1.1 |

YoY: (value[t] / value[t−12 months] − 1) × 100, from published values.

Source: Cabinet Office, Economic and Social Research Institute — Quarterly Estimates of GDP. · Data through Q2 2026 · JSON: https://ploveranalytics.com/api/v1/gdp-jp/observations · CSV: https://ploveranalytics.com/api/v1/gdp-jp/observations?series=gdp.real_sa&format=csv

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Every figure above is either as published by its source (official) or calculated by this platform with the formula stated beside it. Missing is shown as —, never as zero. Guidance for quoting: https://ploveranalytics.com/llms.txt