Makrognosis

Japan GDP (Gross Domestic Product)

QuarterlyReal (inflation-adjusted)Code JP.GDP.Q.REAL

Latest (y/y)0.7%Q2 2026
Previous (y/y)0.5%Q1 2026
Level598,950 JPY billion (2020 CLV, SAAR)Q2 2026

Japan GDP (Gross Domestic Product) was up 0.7% year on year in Q2 2026, compared with 0.5% in Q1 2026.

The level stood at 598,950 JPY billion (2020 CLV, SAAR).

That is the highest reading since Q2 2025.

Among the 60 economies Makrognosis covers on this measure, it is the 7th lowest.

Over the past ten years it has ranged from −9.5% (Q2 2020) to 8.7% (Q2 2021), averaging 0.6%.

Japan GDP (Gross Domestic Product), annual % change, Q1 1997 – Q2 2026−10%−5%0%5%10%200020052010201520202025Robomacro
Japan GDP (Gross Domestic Product), annual % change, Q1 1997 – Q2 2026. Source: Statistics Bureau of Japan (e-Stat).
Japan GDP (Gross Domestic Product), level (JPY billion (2020 CLV, SAAR))475k500k525k550k575k600k200020052010201520202025Robomacro
Japan GDP (Gross Domestic Product), level (JPY billion (2020 CLV, SAAR)).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026598,950 JPY billion (2020 CLV, SAAR)0.7
Q1 2026596,799 JPY billion (2020 CLV, SAAR)0.5
Q4 2025593,959 JPY billion (2020 CLV, SAAR)0.5
Q3 2025592,408 JPY billion (2020 CLV, SAAR)0.7
Q2 2025594,630 JPY billion (2020 CLV, SAAR)1.9
Q1 2025593,896 JPY billion (2020 CLV, SAAR)1.6
Q4 2024590,926 JPY billion (2020 CLV, SAAR)1.0
Q3 2024588,580 JPY billion (2020 CLV, SAAR)1.1
Q2 2024583,705 JPY billion (2020 CLV, SAAR)−1.0
Q1 2024584,381 JPY billion (2020 CLV, SAAR)−0.8
Q4 2023584,932 JPY billion (2020 CLV, SAAR)0.2
Q3 2023582,160 JPY billion (2020 CLV, SAAR)0.2
Q2 2023589,532 JPY billion (2020 CLV, SAAR)1.2
Q1 2023589,146 JPY billion (2020 CLV, SAAR)2.1
Q4 2022584,042 JPY billion (2020 CLV, SAAR)0.7
Q3 2022581,146 JPY billion (2020 CLV, SAAR)1.4
Q2 2022582,705 JPY billion (2020 CLV, SAAR)1.5
Q1 2022577,204 JPY billion (2020 CLV, SAAR)1.2
Q4 2021579,749 JPY billion (2020 CLV, SAAR)2.8
Q3 2021572,992 JPY billion (2020 CLV, SAAR)3.3
Q2 2021574,087 JPY billion (2020 CLV, SAAR)8.7
Q1 2021570,639 JPY billion (2020 CLV, SAAR)0.3
Q4 2020563,927 JPY billion (2020 CLV, SAAR)−0.6
Q3 2020554,765 JPY billion (2020 CLV, SAAR)−5.0

Last 24 observations. The full history (122 observations) is available through the API.

Get Japan GDP (Gross Domestic Product) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/JP.GDP.Q.REAL"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/JP.GDP.Q.REAL",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 1996
Observations122
FrequencyQuarterly
UnitsJPY billion (2020 CLV, SAAR)
AdjustmentReal (inflation-adjusted)
10-year high8.7% (Q2 2021)
10-year low−9.5% (Q2 2020)
10-year average0.6%
Source agencyStatistics Bureau of Japan (e-Stat)
Makrognosis codeJP.GDP.Q.REAL

GDP (Gross Domestic Product): how Japan compares

#EconomyPeriodLatest
1TaiwanQ2 202612.9%
2KosovoQ1 20269.7%
3LithuaniaQ3 20269.3%
4SloveniaQ2 20268.4%
5North MacedoniaQ2 20268.3%
49HungaryQ3 20261.5%
50GermanyQ3 20261.2%
51CanadaQ2 20261.1%
52South AfricaQ2 20260.9%
53ItalyQ3 20260.8%
54JapanQ2 20260.7%
55BelgiumQ2 20260.7%
56AustriaQ3 20260.6%
57FranceQ3 2026−0.07%
58ChileQ2 2026−0.2%
59RomaniaQ2 2026−1.9%
60Saudi ArabiaQ2 2026−4.7%

GDP (Gross Domestic Product) by country: all 60 economies ranked →

More Japan GDP (Gross Domestic Product) series

Japan Nominal GDP, expenditure side, current prices, SA at annual rate (Cabinet Office QE)

Other Japan indicators

Japan Nominal GDP, expenditure side, current prices, SA at annual rate (Cabinet Office QE)Japan CPI: All items (2025=100)Japan Inflation Rate (CPI)Japan Core Inflation RateJapan Unemployment RateJapan Unemployment Rate (not seasonally adjusted)Japan Credit Rating & Sovereign Risk ScoreJapan Industrial ProductionJapan Producer Price Inflation (PPI)Japan Current Account Balance (BoP, monthly)Japan Trade Balance: Goods & ServicesJapan Merchandise Exports, BoP basis (Goods Credit, BPM6)Japan Merchandise Imports, BoP basis (Goods Debit, BPM6)Japan EmploymentJapan M2 Money StockJapan Average Contract Interest Rate on Outstanding Loans and Discounts, Total (Domestically Licensed Banks)

FAQ

What is the current gDP (Gross Domestic Product) in Japan?
The latest reading is 0.7% year on year for Q2 2026, published by Statistics Bureau of Japan (e-Stat).
Where does this data come from?
It is collected directly from Statistics Bureau of Japan (e-Stat) and is available through the Makrognosis API under the code JP.GDP.Q.REAL.

Last updated 2026-11-08. Source: Statistics Bureau of Japan (e-Stat). Original title: “Real GDP, expenditure side, 2020 chained prices, SA at annual rate (Cabinet Office QE)”.