Japan Forecast: Real GDP Growth

1980 - 2026 | Yearly | % | International Monetary Fund

Japan Real GDP Growth is forecasted to be 3.252 % in Dec 2021 as reported by International Monetary Fund. It records a decrease from the last reported number of -4.830 % in Dec 2020. Looking ahead, Japan Real GDP Growth is projected to stand at 0.492 % in Dec 2026. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Japan's Forecast: Real GDP Growth from 1980 to 2026 in the chart:

Japan Forecast: Real GDP Growth

What is Japan's Forecast: Real GDP Growth in 2026?

Last Previous Min Max Unit Frequency Range
0.492 2026 0.567 2025 -5.693 2009 6.785 1988 % yearly 1980 - 2026

Forecast: Real GDP Growth by Country Comparison

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Includes Forecast: Real GDP Growth on 194 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (%) 4.001 2026 yearly 2003 - 2026
Albania (%) 3.500 2026 yearly 1980 - 2026
Algeria (%) 1.097 2026 yearly 1980 - 2026
Angola (%) 3.726 2026 yearly 1980 - 2026
Antigua and Barbuda (%) 2.977 2026 yearly 1980 - 2026
Argentina (%) 1.534 2026 yearly 1980 - 2026
Armenia (%) 4.500 2026 yearly 1993 - 2026
Aruba (%) 1.100 2025 yearly 1996 - 2025
Australia (%) 2.461 2026 yearly 1980 - 2026
Austria (%) 1.800 2026 yearly 1980 - 2026
Azerbaijan (%) 1.740 2026 yearly 1993 - 2026
Bahamas (%) 1.497 2026 yearly 1980 - 2026
Bahrain (%) 3.082 2026 yearly 1980 - 2026
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2026 yearly 1980 - 2026
Belarus (%) 1.442 2026 yearly 1993 - 2026
Belgium (%) 1.341 2026 yearly 1980 - 2026
Belize (%) 2.000 2026 yearly 1980 - 2026
Benin (%) 6.382 2026 yearly 1980 - 2026
Bhutan (%) 5.796 2026 yearly 1980 - 2026
Bolivia (%) 3.400 2026 yearly 1980 - 2026
Bosnia and Herzegovina (%) 3.000 2026 yearly 1997 - 2026
Botswana (%) 3.905 2026 yearly 1980 - 2026
Brazil (%) 2.015 2026 yearly 1980 - 2026
Brunei (%) 2.027 2026 yearly 1986 - 2026
Bulgaria (%) 2.800 2026 yearly 1980 - 2026
Burkina Faso (%) 5.603 2026 yearly 1980 - 2026
Burundi (%) 2.981 2026 yearly 1980 - 2026
Cambodia (%) 6.770 2026 yearly 1988 - 2026
Cameroon (%) 5.470 2026 yearly 1980 - 2026
Canada (%) 1.549 2026 yearly 1980 - 2026
Cape Verde (%) 6.176 2026 yearly 1980 - 2026
Central African Republic (%) 4.846 2026 yearly 1980 - 2026
Chad (%) 3.802 2026 yearly 1980 - 2026
Chile (%) 2.549 2026 yearly 1980 - 2026
China (%) 4.863 2026 yearly 1980 - 2026
Colombia (%) 3.645 2026 yearly 1980 - 2026
Comoros (%) 3.800 2026 yearly 1980 - 2026
Congo (%) 1.039 2026 yearly 1980 - 2026
Costa Rica (%) 3.304 2026 yearly 1980 - 2026
Croatia (%) 3.000 2026 yearly 1993 - 2026
Cyprus (%) 2.507 2026 yearly 1980 - 2026
Czech Republic (%) 2.510 2026 yearly 1996 - 2026
Democratic Republic of Congo (%) 4.124 2026 yearly 1980 - 2026
Denmark (%) 1.800 2026 yearly 1980 - 2026
Djibouti (%) 6.000 2026 yearly 1992 - 2026
Dominica (%) 1.511 2026 yearly 1980 - 2026
Dominican Republic (%) 5.000 2026 yearly 1980 - 2026
Ecuador (%) 2.502 2026 yearly 1980 - 2026
Egypt (%) 5.842 2026 yearly 1980 - 2026
El Salvador (%) 2.040 2026 yearly 1980 - 2026
Equatorial Guinea (%) -2.402 2026 yearly 1980 - 2026
Eritrea (%) 3.914 2026 yearly 1993 - 2026
Estonia (%) 3.000 2026 yearly 1994 - 2026
Swaziland (%) 2.276 2026 yearly 1980 - 2026
Ethiopia (%) 8.002 2026 yearly 1980 - 2026
Fiji (%) 3.300 2026 yearly 1980 - 2026
Finland (%) 1.266 2026 yearly 1980 - 2026
France (%) 1.242 2026 yearly 1980 - 2026
Gabon (%) 3.894 2026 yearly 1981 - 2026
Gambia (%) 5.620 2026 yearly 1980 - 2026
Georgia (%) 5.200 2026 yearly 1995 - 2026
Germany (%) 1.090 2026 yearly 1980 - 2026
Ghana (%) 5.416 2026 yearly 1980 - 2026
Greece (%) 1.356 2026 yearly 1980 - 2026
Grenada (%) 2.735 2026 yearly 1980 - 2026
Guatemala (%) 3.500 2026 yearly 1980 - 2026
Guinea (%) 4.953 2026 yearly 1980 - 2026
Guinea-Bissau (%) 5.000 2026 yearly 1981 - 2026
Guyana (%) 3.045 2026 yearly 1980 - 2026
Haiti (%) 1.400 2026 yearly 1980 - 2026
Honduras (%) 3.940 2026 yearly 1980 - 2026
Hong Kong SAR, China (%) 2.934 2026 yearly 1980 - 2026
Hungary (%) 2.600 2026 yearly 1980 - 2026
Iceland (%) 2.335 2026 yearly 1980 - 2026
India (%) 6.535 2026 yearly 1980 - 2026
Indonesia (%) 5.216 2026 yearly 1980 - 2026
Iran (%) 2.107 2026 yearly 1980 - 2026
Iraq (%) 3.304 2026 yearly 1999 - 2026
Ireland (%) 2.623 2026 yearly 1980 - 2026
Israel (%) 3.112 2026 yearly 1980 - 2026
Italy (%) 0.817 2026 yearly 1980 - 2026
Ivory Coast (%) 6.000 2026 yearly 1980 - 2026
Jamaica (%) 2.193 2026 yearly 1980 - 2026
Japan (%) 0.492 2026 yearly 1980 - 2026
Jordan (%) 3.300 2026 yearly 1980 - 2026
Kazakhstan (%) 4.431 2026 yearly 1993 - 2026
Kenya (%) 6.108 2026 yearly 1980 - 2026
Kiribati (%) 1.971 2026 yearly 1980 - 2026
South Korea (%) 2.287 2026 yearly 1980 - 2026
Kosovo (%) 4.000 2026 yearly 2001 - 2026
Kuwait (%) 2.461 2026 yearly 1980 - 2026
Kyrgyzstan (%) 3.964 2026 yearly 1993 - 2026
Laos (%) 5.993 2026 yearly 1980 - 2026
Latvia (%) 3.015 2026 yearly 1993 - 2026
Lebanon (%) -25.000 2020 yearly 1980 - 2020
Lesotho (%) 3.176 2026 yearly 1980 - 2026
Liberia (%) 5.674 2026 yearly 2001 - 2026
Libya (%) 4.188 2026 yearly 1980 - 2026
Lithuania (%) 2.256 2026 yearly 1996 - 2026

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Japan Key Series

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Includes 377 key indicators for Japan, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.8 2022 yearly 1996 - 2022
Consolidated Fiscal Balance (USD mn) -1,073,254.658 2020 yearly 1995 - 2020
Tax Revenue (USD mn) 42,249.660 Mar 2021 monthly Apr 1983 - Mar 2021
Tax Revenue: % of GDP (%) 11.1 Dec 2020 quarterly Jun 1983 - Dec 2020
National Government Debt (USD mn) 11,523,004.5 Feb 2021 monthly Apr 1982 - Feb 2021
Government Debt: % of GDP (%) 224.9 Dec 2020 quarterly Dec 1994 - Dec 2020
Forecast: Government Expenditure (JPY bn) 222,603.350 2026 yearly 1980 - 2026
Forecast: Government Net Debt (JPY bn) 1,539,846.940 2026 yearly 1980 - 2026
Forecast: Government Revenue (JPY bn) 208,238.500 2026 yearly 1980 - 2026
General Government (GG): Revenue (JPY bn) 197,377.700 2020 yearly 1995 - 2020
GG: REV: TS: Taxes on Income, Profits, & Capital Gains(TIPC) (JPY bn) 54,159.700 2020 yearly 1995 - 2020
GG: Revenue: Social Contributions (JPY bn) 74,345.900 2020 yearly 1995 - 2020
GG: Revenue: Grants (JPY bn) 0.900 2020 yearly 1995 - 2020
GG: Expenses (JPY bn) 210,283.600 2020 yearly 1995 - 2020
GG: Net Operating Balance (JPY bn) 5,656.200 2020 yearly 1995 - 2020
GG: Net Acquisition of Nonfinancial Assets (JPY bn) 4,165.800 2020 yearly 1995 - 2020
GG: REV: TS: Taxes on Goods & Services (TGS) (JPY bn) 36,253.900 2020 yearly 1995 - 2020
Central Government Debt (JPY bn) 1,228,813.200 Feb 2021 monthly Apr 1982 - Feb 2021
Central Government Operations: Revenue (JPY hm) 102,278.076 Dec 2020 quarterly Mar 2008 - Dec 2020
Central Government Operations: Expenditure (JPY hm) 227,330.184 Dec 2020 quarterly Mar 2008 - Dec 2020
Central Government Operations: Balance (Deficit/Surplus) (JPY hm) -125,052.108 Dec 2020 quarterly Mar 2008 - Dec 2020
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.849 2026 yearly 1980 - 2026
Trade Balance (USD mn) 2,739.8 Mar 2021 monthly Apr 1995 - Mar 2021
Total Exports (USD mn) 60,016.3 Mar 2021 monthly Apr 1995 - Mar 2021
Total Exports Growth (%) 13.6 Mar 2021 monthly Apr 1996 - Mar 2021
Aluminum: Exports (USD th) 1,552,351.126 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 5,104,411.043 2019 yearly 1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 1,583,976.924 2019 yearly 1995 - 2019
Total Imports (USD mn) 57,276.5 Mar 2021 monthly Apr 1995 - Mar 2021
Total Imports Growth (%) 3.2 Mar 2021 monthly Apr 1996 - Mar 2021
Imports: Medicament (USD th) 17,425,255.537 2019 yearly 1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 10,603,405.220 2019 yearly 1995 - 2019
Total Exports to USA (USD mn) 9,649.093 Jan 2021 monthly Jan 1960 - Jan 2021
Total Imports from USA (USD mn) 7,271.820 Mar 2021 monthly Feb 1960 - Mar 2021
Total Exports to China (USD mn) 15,035.970 Mar 2021 monthly Jan 1960 - Mar 2021
Total Imports from China (USD mn) 14,507.476 Mar 2021 monthly Feb 1960 - Mar 2021
Trade Balance: sa (JPY bn) 297.816 Mar 2021 monthly Apr 1995 - Mar 2021
Exports: sa (JPY bn) 6,523.723 Mar 2021 monthly Apr 1995 - Mar 2021
Imports: sa (JPY bn) 6,225.907 Mar 2021 monthly Apr 1995 - Mar 2021
Exports Unit Value Index: Fisher Formula (FF): Total (2015=100) 100.40 Jul 2018 monthly Jan 2003 - Jul 2018
Imports Unit Value Index: FF: Fisher Formula (FF): Total (2015=100) 101.17 Jul 2018 monthly Jan 2003 - Jul 2018
Exports Quantum Index (2015=100) 106.65 Jul 2018 monthly Jan 2003 - Jul 2018
Imports Quantum Index: China (2015=100) 104.22 Jul 2018 monthly Jan 2003 - Jul 2018
Imports Quantum Index: USA (2015=100) 106.43 Jul 2018 monthly Jan 2003 - Jul 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 12,366.2 Feb 2021 monthly Jan 1996 - Feb 2021
Current Account Balance (USD mn) 17,031.5 Feb 2021 monthly Jan 1996 - Feb 2021
Foreign Direct Investment (USD mn) 1,227.1 Feb 2021 monthly Jan 1996 - Feb 2021
Foreign Direct Investment: % of GDP (%) 0.7 Dec 2020 quarterly Mar 1980 - Dec 2020
Foreign Portfolio Investment (USD mn) 125,983.060 Dec 2020 quarterly Mar 1996 - Dec 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 109,881.129 Dec 2020 quarterly Mar 1996 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 16,101.9 Dec 2020 quarterly Mar 1996 - Dec 2020
Foreign Portfolio Investment: % of GDP (%) 9.2 Dec 2020 quarterly Mar 1980 - Dec 2020
External Debt (USD mn) 4,799,247.8 Dec 2020 quarterly Mar 2003 - Dec 2020
External Debt: % of GDP (%) 91.9 2020 yearly 2003 - 2020
External Debt: Short Term (USD mn) 3,405,607.1 Dec 2020 quarterly Mar 2003 - Dec 2020
External Debt: Short Term: % of GDP (%) 65.2 2020 yearly 2003 - 2020
Total Debt: % of GDP (%) 1,306.0 Dec 2020 quarterly Jun 1998 - Dec 2020
Forecast: Current Account Balance (USD bn) 212.048 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) 3,740,718.206 Dec 2020 quarterly Jun 2010 - Dec 2020
BoP: FA: Reserve Assets (JPY bn) 577.332 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: Capital Account (JPY bn) -39.779 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: Current Account (CA) (JPY bn) 2,916.898 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: Financial Account (FA) (JPY bn) 1,646.104 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: FA: Direct Investment (JPY bn) 1,173.816 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: FA: Portfolio Investment (JPY bn) -1,879.440 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: Net Errors and Omissions (JPY bn) -1,231.016 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: CA: G&S: Goods (JPY bn) 524.202 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: CA: G&S: Goods: Exports (JPY bn) 6,075.186 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: CA: G&S: Goods: Imports (JPY bn) 5,550.984 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: CA: G&S: Services (JPY bn) -75.695 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: CA: Primary Income (JPY bn) 2,631.058 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: CA: Secondary Income (JPY bn) -162.666 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: CA: G&S: Services (SS): Total: Credit (CR) (JPY bn) 1,556.232 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: CA: G&S: Services (SS): Total: Debit (DR) (JPY bn) 1,631.926 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: FA: DI: Assets (Ass) (JPY bn) 1,303.120 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: FA: DI: Liabilities (Lia) (JPY bn) 129.304 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: sa: CA: Secondary Income: Debit (JPY bn) 365.341 Mar 2019 monthly Jan 1996 - Mar 2019
BoP: sa: CA: Secondary Income: Credit (JPY bn) 284.009 Mar 2019 monthly Jan 1996 - Mar 2019
BoP: sa: Current Account (CA): Net (JPY bn) 1,794.733 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: sa: CA: Secondary Income: Net (JPY bn) -175.799 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: sa: CA: Primary Income: Net (JPY bn) 2,249.499 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: sa: CA: G&S: Goods: Net (JPY bn) -19.220 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: sa: CA: G&S: Goods: Exports (JPY bn) 6,250.015 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: sa: CA: G&S: Goods: Imports (JPY bn) 6,269.235 Feb 2021 monthly Jan 1996 - Feb 2021
BoP: sa: CA: G&S: Services (SS): Net (JPY bn) -259.747 Feb 2021 monthly Jan 1996 - Feb 2021
Gross External Debt Position (EDP) (JPY bn) 495,234.378 Dec 2020 quarterly Mar 2014 - Dec 2020
EDP: GG: Long Term (LT) (JPY bn) 91,280.331 Dec 2020 quarterly Mar 2014 - Dec 2020
EDP: DTC: Short Term (ST) (JPY bn) 135,686.142 Dec 2020 quarterly Mar 2014 - Dec 2020
EDP: DTC: Long Term (LT) (JPY bn) 18,535.699 Dec 2020 quarterly Mar 2014 - Dec 2020
EDP: GG: Short Term (ST) (JPY bn) 88,112.417 Dec 2020 quarterly Mar 2014 - Dec 2020
Enterprise Bankruptcy Case: Total (Unit) 648.000 Mar 2021 monthly Mar 2001 - Mar 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.1 Sep 2020 semiannually Mar 1999 - Sep 2020
Household Debt: % of GDP (%) 65.1 Dec 2020 quarterly Dec 1997 - Dec 2020
Non-Performing Loans (USD mn) 63,684.553 2019 yearly 1998 - 2019
Money Supply M1 (USD mn) 8,891,734.809 Feb 2021 monthly Jan 1957 - Feb 2021
Money Supply M2 (USD mn) 13,743,457.427 Feb 2021 monthly Jan 1957 - Feb 2021
M2 Growth (%) 9.5 Mar 2021 monthly Jan 1968 - Mar 2021
Reserve Requirement Ratio (%) 0.8 Feb 2021 monthly Oct 1980 - Feb 2021
Foreign Exchange Reserves (USD mn) 1,288,353.0 Mar 2021 monthly Apr 2000 - Mar 2021
Foreign Exchange Reserves: % of GDP (%) 0.820 Feb 2021 monthly Oct 1980 - Feb 2021
Foreign Exchange Reserves: Months of Import (NA) 20.9 Mar 2021 monthly Apr 2000 - Mar 2021
Gold Reserves (USD mn) 45,995.000 Mar 2021 monthly Dec 1956 - Mar 2021
Total Deposits Growth (%) 8.7 Feb 2021 monthly Apr 1999 - Feb 2021
Total Deposits (USD mn) 11,641,275.319 Feb 2021 monthly Apr 1998 - Feb 2021
Domestic Credit (USD mn) 16,070,792.4 Feb 2021 monthly Apr 2003 - Feb 2021
Domestic Credit Growth (%) 7.8 Feb 2021 monthly Apr 2004 - Feb 2021
Debt Service Ratio: Households (%) 7.600 Sep 2020 quarterly Mar 1999 - Sep 2020
Debt Service Ratio: Private Non-Financial Sector (%) 16.100 Sep 2020 quarterly Mar 1999 - Sep 2020
Credit to Households (USD bn) 3,288.590 Sep 2020 quarterly Dec 1964 - Sep 2020
Credit to Private Non-Financial Sector (USD bn) 9,128.166 Sep 2020 quarterly Dec 1964 - Sep 2020
Household Debt (USD mn) 3,402,326.8 Dec 2020 quarterly Dec 1997 - Dec 2020
Total Loans (USD mn) 6,287,496.249 Feb 2021 monthly Oct 2000 - Feb 2021
Total Loans Growth (%) 6.18 Feb 2021 monthly Oct 2001 - Feb 2021
Private Debt: % of Nominal GDP (%) 117.06 Sep 2020 quarterly Dec 2001 - Sep 2020
JP: Loans & Discounts: Outstanding: DLB: Corporations: Incl Finance & Insurance (JPY bn) 312,385.90 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Loans & Discounts: Outstanding: DLB: Local Governments (JPY bn) 29,197.20 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Loans & Discounts: Outstanding: DLB: Individuals (JPY bn) 140,008.40 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Loans & Discounts: Outstanding: DLB: Overseas Yen Loans, Domestic Transfer (JPY bn) 12,191.20 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Outstanding of NPLs: Total (JPY bn) 1,800.000 Sep 2018 semiannually Mar 2002 - Sep 2018
Business and Economic Survey Last Frequency Range
Business Confidence: Net Balance (% Point) -7.0 Jun 2021 quarterly Mar 2000 - Jun 2021
Business Confidence Growth (% Point) 15.0 Jun 2021 quarterly Mar 2001 - Jun 2021
Tankan: AE: DI: Actual: BC: Mfg: Electrical Machinery (%) 6.000 Mar 2021 quarterly Mar 2015 - Mar 2021
Tankan: All Enterprises(AE): DI:Forecast: Bus. Condition(BC):All Ind (%) -18.000 Mar 2021 quarterly Mar 2015 - Mar 2021
Tankan: AE: DI: Forecast: BC: Manufacturing (%) -19.000 Mar 2021 quarterly Mar 2015 - Mar 2021
Tankan: AE: DI: Forecast: BC: Mfg: Electrical Machinery (%) 7.000 Jun 2021 quarterly Mar 2015 - Jun 2021
Tankan: AE: DI: Forecast: BC: Non Manufacturing (NM) (%) -16.000 Mar 2021 quarterly Mar 2015 - Mar 2021
Economy Watchers: Diffusion Index: Current Economics Conditions: sa (NA) 49.000 Mar 2021 monthly Aug 2001 - Mar 2021
Business Condition Judgement: All Industries (%) -49.100 Mar 2021 quarterly Jun 1994 - Mar 2021

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