Japan GDP Growth Annualized
Dec 31, 2022
Jun 07, 2023
Time to Release
2 Months 13 Days 16 Hours
GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year.
The Japanese economy grew by 0.1% on an annualized basis during the fourth quarter of 2022, compared with the preliminary figure of a 0.6% expansion and after a revised 1.1% contraction in the previous period. The downward revision reflected multiple challenges the country faces, such as a global economic slowdown and high inflation. Both private consumption and government spending rose, amid a positive contribution from net trade as exports increased and imports fell. However, business investment dropped after advancing in the prior two quarters.
Japan GDP Growth Annualized History
Last 12 readings