Japan Contributions to GDP Growth
Contributions of each expenditure component to quarter-on-quarter real GDP growth, in percentage points.
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | Q3-2023 | Q2-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GDP (expenditure approach)8 | 0.4 | 0.5 | 0.3 | -0.4 | 0.1 | 0.5 | 0.4 | 0.8 | -0.1 | -0.1 | 0.5 | -1.3 | 0.1 | |
| Private final consumption expenditure1 | 0 | 0.2 | 0.1 | 0.3 | 0.1 | 0.3 | 0 | 0.3 | 0 | -0.1 | 0 | -0.4 | -0.5 | |
| Household final consumption expenditure1 | 0 | 0.2 | 0.1 | 0.3 | 0 | 0.3 | 0 | 0.3 | 0 | -0.1 | 0 | -0.4 | -0.5 | |
| Household consumption excluding imputed rent | 0 | 0.2 | 0.1 | 0.3 | 0 | 0.3 | 0 | 0.3 | 0 | -0.1 | 0 | -0.4 | -0.5 | |
| Private residential investment | 0 | 0 | 0.2 | -0.3 | 0 | 0 | 0 | 0.1 | 0 | -0.1 | 0 | -0.1 | 0.1 | |
| Private non-residential investment | -0.2 | -0.2 | 0.2 | 0 | 0.2 | 0.2 | -0.1 | 0.2 | 0.2 | -0.1 | 0.3 | 0 | -0.2 | |
| Change in private inventories | 0.3 | -0.1 | -0.4 | -0.1 | -0.3 | 0.7 | -0.3 | 0.4 | -0.2 | 0 | 0.3 | -0.7 | 0 | |
| Government final consumption expenditure | 0.3 | 0.1 | 0.1 | 0 | 0.1 | 0 | 0 | 0 | 0.4 | 0.1 | 0 | 0 | -0.3 | |
| Public fixed capital formation | 0 | 0.1 | 0 | -0.1 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | -0.1 | -0.1 | |
| Change in public inventories | -0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.1 | |
| Net exports of goods and services2 | 0.5 | 0.3 | 0.1 | -0.2 | 0 | -0.6 | 0.8 | -0.1 | -0.6 | 0.2 | -0.1 | 0 | 1.1 | |
| Exports of goods and services | 0.1 | 0.4 | 0 | -0.3 | 0.4 | -0.2 | 0.3 | 0.5 | 0.2 | -0.7 | 0.5 | 0.3 | 0.3 | |
| Imports of goods and services | 0.4 | -0.1 | 0 | 0.1 | -0.4 | -0.5 | 0.5 | -0.7 | -0.8 | 0.8 | -0.7 | -0.3 | 0.8 | |
| Trading gains and losses | -0.2 | -0.2 | 0.1 | 0.1 | 0.6 | -0.3 | 0 | 0 | 0.4 | -0.1 | -0.1 | 0.3 | 0.8 | |
| Gross domestic income (GDI) | 0.1 | 0.3 | 0.4 | -0.3 | 0.8 | 0.2 | 0.4 | 0.9 | 0.3 | -0.3 | 0.3 | -1 | 1 | |
| Net income from the rest of the world2 | -0.5 | 0.1 | -0.5 | 0.6 | -0.2 | 0.3 | -0.2 | -0.2 | 0.6 | -0.3 | 0.3 | -0.2 | 0.5 | |
| Income receivable from the rest of the world | -0.2 | 0.2 | -0.3 | 0.6 | -0.3 | 0.3 | -0.3 | 0 | 0.6 | -0.1 | 0.4 | 0 | 0.7 | |
| Income payable to the rest of the world | -0.3 | -0.1 | -0.2 | 0 | 0.1 | 0 | 0.1 | -0.2 | 0 | -0.2 | -0.1 | -0.2 | -0.2 | |
| Gross national income (GNI) | -0.4 | 0.4 | -0.2 | 0.3 | 0.6 | 0.5 | 0.2 | 0.7 | 0.9 | -0.5 | 0.6 | -1.1 | 1.4 | |
| Domestic demand2 | -0.1 | 0.2 | 0.2 | -0.2 | 0.2 | 1.1 | -0.4 | 1 | 0.5 | -0.3 | 0.6 | -1.2 | -1 | |
| Private demand | 0.1 | 0 | 0.1 | -0.2 | 0.1 | 1.2 | -0.4 | 0.9 | 0 | -0.3 | 0.6 | -1.2 | -0.6 | |
| Public demand | -0.2 | 0.1 | 0.1 | 0 | 0.1 | 0 | 0 | 0.1 | 0.5 | 0 | 0 | -0.1 | -0.5 | |
| Gross fixed capital formation | -0.2 | -0.1 | 0.4 | -0.4 | 0.3 | 0.2 | -0.1 | 0.3 | 0.2 | -0.2 | 0.3 | -0.2 | -0.2 | |
| Final demand | 0.6 | 0.5 | 0.7 | -0.3 | 0.4 | -0.2 | 0.7 | 0.5 | 0 | -0.1 | 0.1 | -0.5 | 0.1 |
Latest reading
GDP (expenditure approach) stood at 0.4 percentage points in Q2 2026. That is −0.1 percentage points from Q1 2026 and +0.3 percentage points from a year earlier. The series on this page is quarterly and runs from Q2 1994 to Q2 2026. Source: Economic and Social Research Institute (ESRI), Cabinet Office – Quarterly Estimates of GDP.
- Latest
- 0.4 percentage points
- Q2 2026
- vs previous period
- −0.1 percentage points
- Q1 2026
- vs a year earlier
- +0.3 percentage points
About this data
Contributions of each expenditure component to quarter-on-quarter real GDP growth, in percentage points. Latest Quarterly Estimates release. Source: ESRI, Cabinet Office.
