Gross value added at basic prices … current LCU annual growth rate in Japan
Japan: Gross value added at basic prices … current LCU annual growth rate was 2.85 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Japan, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (current lcu), annual growth in Japan is 2.85 % change on previous year, measured in 2024.
The figure is down 49.0% on the previous year and up 11.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Japan peaked at 22.81 % change on previous year in 1973 and was at its lowest, -6.28 % change on previous year, in 2009.
Japan ranks 172nd of 205 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices … current LCU annual growth rate in Japan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.04 % change on previous year | — |
| 1972 | 15.35 % change on previous year | +52.9% |
| 1973 | 22.81 % change on previous year | +48.6% |
| 1974 | 18.6 % change on previous year | -18.5% |
| 1975 | 10.09 % change on previous year | -45.7% |
| 1976 | 12.52 % change on previous year | +24.1% |
| 1977 | 10.76 % change on previous year | -14.1% |
| 1978 | 10.11 % change on previous year | -6.0% |
| 1979 | 8.76 % change on previous year | -13.3% |
| 1980 | 8.22 % change on previous year | -6.1% |
| 1981 | 6.88 % change on previous year | -16.3% |
| 1982 | 5.21 % change on previous year | -24.4% |
| 1983 | 4.16 % change on previous year | -20.1% |
| 1984 | 6.19 % change on previous year | +48.9% |
| 1985 | 6.72 % change on previous year | +8.5% |
| 1986 | 4.45 % change on previous year | -33.7% |
| 1987 | 5.07 % change on previous year | +13.9% |
| 1988 | 7.19 % change on previous year | +41.7% |
| 1989 | 7.29 % change on previous year | +1.4% |
| 1990 | 7.87 % change on previous year | +8.0% |
| 1991 | 6.48 % change on previous year | -17.7% |
| 1992 | 2.67 % change on previous year | -58.8% |
| 1993 | 0.6458 % change on previous year | -75.8% |
| 1994 | 0.8192 % change on previous year | +26.8% |
| 1995 | 1.66 % change on previous year | +102.4% |
| 1996 | 2.98 % change on previous year | +79.7% |
| 1997 | 1.59 % change on previous year | -46.7% |
| 1998 | -1.89 % change on previous year | -219.3% |
| 1999 | -1.77 % change on previous year | -6.5% |
| 2000 | 1.75 % change on previous year | -198.9% |
| 2001 | -0.748 % change on previous year | -142.8% |
| 2002 | -1.35 % change on previous year | +80.0% |
| 2003 | -0.462 % change on previous year | -65.7% |
| 2004 | 0.8495 % change on previous year | -283.9% |
| 2005 | 0.349 % change on previous year | -58.9% |
| 2006 | 0.4877 % change on previous year | +39.8% |
| 2007 | 0.837 % change on previous year | +71.6% |
| 2008 | -2.16 % change on previous year | -358.2% |
| 2009 | -6.28 % change on previous year | +190.7% |
| 2010 | 2.13 % change on previous year | -133.9% |
| 2011 | -1.91 % change on previous year | -189.8% |
| 2012 | 0.8132 % change on previous year | -142.5% |
| 2013 | 1.72 % change on previous year | +111.1% |
| 2014 | 2.56 % change on previous year | +48.9% |
| 2015 | 4.19 % change on previous year | +64.0% |
| 2016 | 1.49 % change on previous year | -64.5% |
| 2017 | 1.56 % change on previous year | +4.6% |
| 2018 | 0.6352 % change on previous year | -59.3% |
| 2019 | 0.5103 % change on previous year | -19.7% |
| 2020 | -2.95 % change on previous year | -678.9% |
| 2021 | 3.19 % change on previous year | -207.9% |
| 2022 | 1.54 % change on previous year | -51.8% |
| 2023 | 5.58 % change on previous year | +263.3% |
| 2024 | 2.85 % change on previous year | -49.0% |
Japan compared with similar countries
- Japan's 2.85 % change on previous year is below the median for high income countries, which is 5.13 % change on previous year, 56% of the median. (77 countries reporting)
- Japan's 2.85 % change on previous year is below the median for East Asia & Pacific, which is 6.3 % change on previous year, 45% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices … current LCU annual growth rate in Japan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -678.9% | 0.5103 % change on previous year | -2.95 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.23 % change on previous year | 8.76 % change on previous year | 22.81 % change on previous year | 9 |
| 1980s | 6.14 % change on previous year | 4.16 % change on previous year | 8.22 % change on previous year | 10 |
| 1990s | 2.1 % change on previous year | -1.89 % change on previous year | 7.87 % change on previous year | 10 |
| 2000s | -0.6728 % change on previous year | -6.28 % change on previous year | 1.75 % change on previous year | 10 |
| 2010s | 1.37 % change on previous year | -1.91 % change on previous year | 4.19 % change on previous year | 10 |
| 2020s | 2.04 % change on previous year | -2.95 % change on previous year | 5.58 % change on previous year | 5 |
Countries ranked near Japan
- 169 Austria 3.23 % change on previous year compare
- 170 Germany 3.15 % change on previous year compare
- 171 New Caledonia 3.14 % change on previous year compare
- 173 Botswana 2.8 % change on previous year compare
- 174 Sweden 2.79 % change on previous year compare
- 175 Singapore 2.77 % change on previous year compare
More economy & growth data for Japan
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Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Japan?
- Gross value added at basic prices (gva) (current lcu), annual growth in Japan was 2.85 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Japan?
- The highest recorded value was 22.81 % change on previous year in 1973.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Japan?
- The lowest recorded value was -6.28 % change on previous year in 2009.
- How does Japan rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Japan ranks 172nd out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Japan?
- Over the last ten years it is up 11.3%. The long-run trend across the full record is volatile.
- Where does this Japan data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.