Japan Nominal GDP, expenditure side, current prices, SA at annual rate (Cabinet Office QE)
QuarterlyNominalCode JP.GDP.Q.NOM
Japan Nominal GDP, expenditure side, current prices, SA at annual rate (Cabinet Office QE) was up 3.4% year on year in Q2 2026, compared with 3.8% in Q1 2026.
The level stood at 689,219 JPY billion (SAAR).
That is the lowest reading since Q2 2024.
Over the past ten years it has ranged from −8.0% (Q2 2020) to 8.4% (Q2 2021), averaging 2.1%.
Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.
Recent data
| Period | Value | Y/Y % |
|---|---|---|
| Q2 2026 | 689,219 JPY billion (SAAR) | 3.4 |
| Q1 2026 | 680,104 JPY billion (SAAR) | 3.8 |
| Q4 2025 | 675,001 JPY billion (SAAR) | 3.9 |
| Q3 2025 | 668,858 JPY billion (SAAR) | 4.2 |
| Q2 2025 | 666,770 JPY billion (SAAR) | 5.2 |
| Q1 2025 | 655,118 JPY billion (SAAR) | 5.3 |
| Q4 2024 | 649,474 JPY billion (SAAR) | 4.0 |
| Q3 2024 | 642,142 JPY billion (SAAR) | 3.9 |
| Q2 2024 | 633,655 JPY billion (SAAR) | 2.6 |
| Q1 2024 | 621,924 JPY billion (SAAR) | 2.6 |
| Q4 2023 | 624,550 JPY billion (SAAR) | 5.1 |
| Q3 2023 | 618,274 JPY billion (SAAR) | 6.2 |
| Q2 2023 | 617,564 JPY billion (SAAR) | 5.9 |
| Q1 2023 | 606,146 JPY billion (SAAR) | 4.6 |
| Q4 2022 | 594,171 JPY billion (SAAR) | 2.5 |
| Q3 2022 | 581,991 JPY billion (SAAR) | 1.6 |
| Q2 2022 | 583,011 JPY billion (SAAR) | 1.7 |
| Q1 2022 | 579,222 JPY billion (SAAR) | 1.7 |
| Q4 2021 | 579,492 JPY billion (SAAR) | 2.7 |
| Q3 2021 | 572,990 JPY billion (SAAR) | 3.3 |
| Q2 2021 | 573,352 JPY billion (SAAR) | 8.4 |
| Q1 2021 | 569,485 JPY billion (SAAR) | 0.3 |
| Q4 2020 | 564,104 JPY billion (SAAR) | −0.08 |
| Q3 2020 | 554,800 JPY billion (SAAR) | −3.6 |
Last 24 observations. The full history (122 observations) is available through the API.
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.NOM"
# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/JP.GDP.Q.NOM",
headers={"X-API-Key": KEY})
obs = r.json()["observations"]About this series
| Latest observation | Q2 2026 |
|---|---|
| First observation | Q1 1996 |
| Observations | 122 |
| Frequency | Quarterly |
| Units | JPY billion (SAAR) |
| Adjustment | Nominal |
| 10-year high | 8.4% (Q2 2021) |
| 10-year low | −8.0% (Q2 2020) |
| 10-year average | 2.1% |
| Source agency | Statistics Bureau of Japan (e-Stat) |
| Makrognosis code | JP.GDP.Q.NOM |
More Japan GDP series
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FAQ
- What is the current nominal GDP, expenditure side, current prices, SA at annual rate (Cabinet Office QE) in Japan?
- The latest reading is 3.4% 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.NOM.
Last updated 2026-11-08. Source: Statistics Bureau of Japan (e-Stat). Original title: “Nominal GDP, expenditure side, current prices, SA at annual rate (Cabinet Office QE)”.