Overview
Minds Key data points
Last release
—
Observation period
Q2 2024
Next release
—
Forecast
—
Highest
9.40% on Mar 31, 1988
Lowest
−9.70% on Jun 30, 2020
About Japan GDP YoY
Japan’s economy, the fourth largest in the world, is fully diversified and technologically advanced. Like in most developed countries, services account for the highest percentage of GDP (around 62 percent of GDP). Within services the most important once are wholesale and retail trade (around 7 percent of GDP) and real estate (around 6 percent of GDP). Manufacturing is the engine of the Japanese economy and accounts for nearly 22 percent of GDP. Construction also plays a significant role, accounting for around 5 percent of GDP.