# Japan GDP in US Dollars

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%.

- Source agency: Makrognosis (computed from agency-direct inputs)
- Makrognosis code: `JP.GDPUSD.Q.NSA`
- Frequency: quarterly
- Units: USD million (annual rate)
- Coverage: 1998-03-01 to 2026-06-01 (114 observations)
- Page: https://makrognosis.robomacro.com/data/japan/gdp-in-us-dollars

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 4,322,816 USD million (annual rate) | −6.3 |
| Q1 2026 | 4,335,048 USD million (annual rate) | 0.9 |
| Q4 2025 | 4,380,703 USD million (annual rate) | 2.8 |
| Q3 2025 | 4,535,451 USD million (annual rate) | 5.3 |
| Q2 2025 | 4,614,221 USD million (annual rate) | 13.5 |
| Q1 2025 | 4,294,968 USD million (annual rate) | 2.6 |
| Q4 2024 | 4,262,230 USD million (annual rate) | 0.9 |
| Q3 2024 | 4,305,212 USD million (annual rate) | 0.6 |
| Q2 2024 | 4,064,689 USD million (annual rate) | −9.6 |
| Q1 2024 | 4,186,232 USD million (annual rate) | −8.6 |
| Q4 2023 | 4,224,162 USD million (annual rate) | 0.5 |
| Q3 2023 | 4,277,910 USD million (annual rate) | 1.7 |
| Q2 2023 | 4,495,539 USD million (annual rate) | −0.1 |
| Q1 2023 | 4,582,456 USD million (annual rate) | −8.1 |
| Q4 2022 | 4,202,312 USD million (annual rate) | −17.6 |
| Q3 2022 | 4,206,530 USD million (annual rate) | −19.2 |
| Q2 2022 | 4,500,068 USD million (annual rate) | −14.1 |
| Q1 2022 | 4,985,512 USD million (annual rate) | −7.3 |
| Q4 2021 | 5,098,072 USD million (annual rate) | −5.6 |
| Q3 2021 | 5,204,593 USD million (annual rate) | −0.4 |
| Q2 2021 | 5,239,015 USD million (annual rate) | 6.6 |
| Q1 2021 | 5,376,163 USD million (annual rate) | 3.2 |
| Q4 2020 | 5,399,149 USD million (annual rate) | 4.0 |
| Q3 2020 | 5,226,872 USD million (annual rate) | −2.5 |

## API

```
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"]
```