JPY · Growth

Japan GDP Growth Rate

Next release: Sep 7, 2026

Next release

Released quarterly

Sep 7, 2026 23:50 UTC

in 79 days

Consensus forecast
0.3%
Previous
0.5%

Latest result

The most recent Japan GDP Growth Rate (Jun 7, 2026, Q1) printed 0.5% versus 0.5% expected (previous 0.2%) — in line with forecast.

What it measures

This is the final estimate of Japan's quarterly growth compared with the previous quarter, confirming the preliminary reading with complete data. By this point the figure is well known, so it seldom surprises. It is the plain quarterly change behind the annualized headline.

As the final, confirming estimate it arrives after the market has already moved on the flash and preliminary prints, so the reaction is usually negligible. Only a large revision would nudge the yen, with stronger growth mildly supportive and a downgrade mildly negative. It ranks low for market impact.

What a higher or lower Japan GDP Growth Rate means for the JPY

A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the JPY.

Higher than forecast

An actual above the 0.3% forecast is typically bullish for the JPY.

Lower than forecast

An actual below the 0.3% forecast is typically bearish for the JPY.

Release history

Every release of Japan GDP Growth Rate: actual vs forecast and the beat/miss outcome. Click a date for the full read of that release.

ReleaseActualForecastPreviousOutcome
Jun 7, 2026 · Q10.5%0.5%0.2%inline
Mar 9, 2026 · Q40.3%0.1%-0.6%above
Sep 7, 2025 · Q20.5%-0.4%0.1%above
Jun 8, 2025 · Q10.0%-0.2%0.6%above
Mar 10, 2025 · Q40.6%0.7%0.4%below
Dec 8, 2024 · Q30.3%0.2%0.5%above
Sep 8, 2024 · Q20.7%0.8%-0.6%below
Jun 9, 2024 · Q1-0.5%-0.5%0.1%inline
Mar 10, 2024 · Q40.1%0.2%-0.8%below
Dec 7, 2023 · Q3-0.7%-0.5%0.9%below
Sep 7, 2023 · Q21.2%1.5%0.8%below
Jun 7, 2023 · Q10.7%0.4%0.1%above
Mar 8, 2023 · Q40%0.2%-0.3%below
Dec 7, 2022 · Q3-0.2%-0.3%1.1%above
Sep 7, 2022 · Q20.9%0.5%0.1%above
Jun 7, 2022 · Q1-0.1%-0.2%1.0%above
Mar 8, 2022 · Q41.1%1.3%-0.7%below
Dec 7, 2021 · Q3-0.9%-0.8%0.5%below
Sep 7, 2021 · Q20.5%0.3%-1.1%above
Jun 7, 2021 · Q1-1%-1.3%2.8%above
Mar 8, 2021 · Q42.8%3.0%5.3%below
Dec 7, 2020 · Q35.3%5%-8.3%above
Sep 7, 2020 · Q2-7.9%-8%-0.6%above
Aug 2, 2020 · Q1-0.6%-0.6%-1.9%inline
Jun 7, 2020 · Q1-0.6%-0.9%-1.9%above
Mar 8, 2020 · Q4-1.8%-1.6%0.0%below
Dec 8, 2019 · Q30.4%0.2%0.5%above
Sep 8, 2019 · Q20.3%0.4%0.5%below
Jun 9, 2019 · Q10.6%0.5%0.5%above
Mar 7, 2019 · Q40.5%0.4%-0.6%above
Dec 9, 2018 · Q3-0.6%-0.3%0.7%below
Sep 9, 2018 · Q20.7%0.6%-0.2%above
Jun 7, 2018 · Q1-0.2%0.1%0.3%below
Mar 7, 2018 · Q40.4%0.2%0.6%above
Dec 7, 2017 · Q30.6%0.3%0.7%above
Sep 7, 2017 · Q20.6%1.0%0.3%below

Frequently asked questions

What is Japan GDP Growth Rate?
This is the final estimate of Japan's quarterly growth compared with the previous quarter, confirming the preliminary reading with complete data. By this point the figure is well known, so it seldom surprises. It is the plain quarterly change behind the annualized headline.
What was the latest Japan GDP Growth Rate reading?
The most recent release (Jun 7, 2026, Q1) came in at 0.5%, versus a forecast of 0.5% and a previous 0.2% — in line with expectations.
When is the next Japan GDP Growth Rate?
The next Japan GDP Growth Rate is scheduled for Sep 7, 2026. It is released quarterly.
What happens to the JPY if Japan GDP Growth Rate is higher than expected?
An actual reading above the consensus forecast is typically bullish for the JPY, while a reading below forecast is bearish for the JPY. A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the JPY.
How does Japan GDP Growth Rate affect the JPY?
As the final, confirming estimate it arrives after the market has already moved on the flash and preliminary prints, so the reaction is usually negligible. Only a large revision would nudge the yen, with stronger growth mildly supportive and a downgrade mildly negative. It ranks low for market impact.

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