Makrognosis

Japan GDP in US Dollars

QuarterlyNot seasonally adjustedCode JP.GDPUSD.Q.NSA

Latest (y/y)−6.3%Q2 2026
Previous (y/y)0.9%Q1 2026
Level4,322,816 USD million (annual rate)Q2 2026

Japan GDP in US Dollars was down 6.3% year on year in Q2 2026, compared with 0.9% in Q1 2026.

The level stood at 4,322,816 USD million (annual rate).

That is the lowest reading since Q2 2024.

Among the 50 economies Makrognosis covers on this measure, it is the lowest.

Over the past ten years it has ranged from −19.2% (Q3 2022) to 20.3% (Q3 2016), averaging −0.1%.

Japan GDP in US Dollars, annual % change, Q1 1999 – Q2 2026−20%−10%0%10%20%200020052010201520202025Robomacro
Japan GDP in US Dollars, annual % change, Q1 1999 – Q2 2026. Source: Makrognosis (computed from agency-direct inputs).
Japan GDP in US Dollars, level (USD million (annual rate))3M4M5M6M7M200020052010201520202025Robomacro
Japan GDP in US Dollars, level (USD million (annual rate)).

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

Recent data

PeriodValueY/Y %
Q2 20264,322,816 USD million (annual rate)−6.3
Q1 20264,335,048 USD million (annual rate)0.9
Q4 20254,380,703 USD million (annual rate)2.8
Q3 20254,535,451 USD million (annual rate)5.3
Q2 20254,614,221 USD million (annual rate)13.5
Q1 20254,294,968 USD million (annual rate)2.6
Q4 20244,262,230 USD million (annual rate)0.9
Q3 20244,305,212 USD million (annual rate)0.6
Q2 20244,064,689 USD million (annual rate)−9.6
Q1 20244,186,232 USD million (annual rate)−8.6
Q4 20234,224,162 USD million (annual rate)0.5
Q3 20234,277,910 USD million (annual rate)1.7
Q2 20234,495,539 USD million (annual rate)−0.1
Q1 20234,582,456 USD million (annual rate)−8.1
Q4 20224,202,312 USD million (annual rate)−17.6
Q3 20224,206,530 USD million (annual rate)−19.2
Q2 20224,500,068 USD million (annual rate)−14.1
Q1 20224,985,512 USD million (annual rate)−7.3
Q4 20215,098,072 USD million (annual rate)−5.6
Q3 20215,204,593 USD million (annual rate)−0.4
Q2 20215,239,015 USD million (annual rate)6.6
Q1 20215,376,163 USD million (annual rate)3.2
Q4 20205,399,149 USD million (annual rate)4.0
Q3 20205,226,872 USD million (annual rate)−2.5

Last 24 observations. The full history (114 observations) is available through the API.

Get Japan GDP in US Dollars 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.GDPUSD.Q.NSA"

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

About this series

Latest observationQ2 2026
First observationQ1 1998
Observations114
FrequencyQuarterly
UnitsUSD million (annual rate)
AdjustmentNot seasonally adjusted
10-year high20.3% (Q3 2016)
10-year low−19.2% (Q3 2022)
10-year average−0.1%
Source agencyMakrognosis (computed from agency-direct inputs)
Makrognosis codeJP.GDPUSD.Q.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

GDP in US Dollars: how Japan compares

#EconomyPeriodLatest
1IsraelQ2 202631.8%
2ColombiaQ2 202628.3%
3BrazilQ2 202620.1%
4HungaryQ2 202620.0%
5PeruQ2 202619.5%
39ItalyQ2 20265.0%
40United KingdomQ2 20264.4%
41SpainQ3 20264.3%
42IrelandQ2 20264.0%
43NetherlandsQ3 20263.9%
44GermanyQ3 20263.0%
45IndonesiaQ3 20261.9%
46AustriaQ3 20261.4%
47FranceQ3 20260.2%
48IndiaQ2 2026−0.3%
49PhilippinesQ3 2026−0.9%
50JapanQ2 2026−6.3%

GDP in US Dollars by country: all 50 economies ranked →

Other Japan indicators

Japan GDP (Gross Domestic Product)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 Stock

FAQ

What is the current gDP in US Dollars in Japan?
The latest reading is −6.3% year on year for Q2 2026, published by Makrognosis (computed from agency-direct inputs).
Where does this data come from?
It is collected directly from Makrognosis (computed from agency-direct inputs) and is available through the Makrognosis API under the code JP.GDPUSD.Q.NSA.

Last updated 2026-11-08. Source: Makrognosis (computed from agency-direct inputs). Original title: “JP nominal GDP in USD (JP.GDP.Q.NOM / quarterly average of JP.FXUSD.D.NSA; SAAR, BOJ average)”.