Japan: Real GDP (SAAR) - Total

Macro

2026-06-08

Description

Japan's Real Gross Domestic Product (GDP) Growth Rate is calculated and published by the Cabinet Office. This indicator measures the change in the total value of goods and services produced by the economy, adjusted for inflation. A higher GDP growth rate indicates faster economic expansion, while a lower rate indicates slower growth or contraction, making it a key measure of economic health.

The Real GDP Growth Rate expressed as the Seasonally Adjusted Annual Rate (SAAR) is derived by taking the quarterly growth rate, adjusting for seasonal variations, and annualizing it.

This data is typically released quarterly, providing information on the economic activity of the previous quarter.

Published by
Cabinet Office of Japan (Choice)
Frequency
Quarterly
Next Update
Hashtags
GDP Japan

AI Data Insight

Japan's Q1 2026 real GDP achieved a seasonally adjusted annualized growth rate of 1.8%, further accelerating from 1.3% in the previous quarter and surpassing the market consensus of 1.3%. Although private consumption and AI export demand performed remarkably, corporate capital expenditure contracted against the trend, impacted by the Middle East situation and high energy costs. Looking ahead, caught between rising inflation and a depreciating yen, the Bank of Japan's pace of policy normalization will face a more complex test.

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AI Data Insight

Japan's Q1 2026 real GDP achieved a seasonally adjusted annualized growth rate of 1.8%, further accelerating from 1.3% in the previous quarter and surpassing the market consensus of 1.3%. Although private consumption and AI export demand performed remarkably, corporate capital expenditure contracted against the trend, impacted by the Middle East situation and high energy costs. Looking ahead, caught between rising inflation and a depreciating yen, the Bank of Japan's pace of policy normalization will face a more complex test.

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Macro
Description

Japan's Real Gross Domestic Product (GDP) Growth Rate is calculated and published by the Cabinet Office. This indicator measures the change in the total value of goods and services produced by the economy, adjusted for inflation. A higher GDP growth rate indicates faster economic expansion, while a lower rate indicates slower growth or contraction, making it a key measure of economic health.

The Real GDP Growth Rate expressed as the Seasonally Adjusted Annual Rate (SAAR) is derived by taking the quarterly growth rate, adjusting for seasonal variations, and annualizing it.

This data is typically released quarterly, providing information on the economic activity of the previous quarter.

Published by
Cabinet Office of Japan (Choice)
Frequency
Quarterly
Next Update
Hashtags
GDP Japan