GDP components · Japan
Japan GDP External Demand QoQ Prel
The Japan GDP External Demand QoQ Prel is one part of the national accounts of Japan: what households spend, what businesses invest, what they earn, or how productive workers are.
- Importance
- Medium
- Publié
- Quarterly
- Prochaine publication
- Devise
- JPY · Japanese yen
- Banque centrale
- The Bank of Japan
Derniers chiffres
La dernière publication, pour Q2, est parue le 2026-08-16 et s’est établie à 0.5%. C’est au-dessus du consensus de 0.3%. C’est plus que 0.3% la fois précédente.
A stronger figure than expected points to a healthier economy: it usually supports the Japanese yen and local stocks, and can push bond yields up.
Sur les 7 dernières publications, la valeur est allée de -0.8% à 0.7%, avec une moyenne de 0.1%. Elle a augmenté trois publications d’affilée.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 16 Aug 2026 | Q2 | 0.5% | 0.3% | 0.3% |
| 18 May 2026 | Q1 | 0.3% | 0.2% | 0% |
| 15 Feb 2026 | Q4 | 0% | 0.1% | -0.3% ® |
| 16 Nov 2025 | Q3 | -0.2% | – | 0.2% ® |
| 14 Aug 2025 | Q2 | 0.3% | 0.2% | -0.8% |
| 15 May 2025 | Q1 | -0.8% | -0.6% | 0.7% |
| 16 Feb 2025 | Q4 | 0.7% | 0.4% | -0.1% ® |
Pourquoi c’est important
GDP's headline hides its drivers. Household spending is usually the largest part of demand; investment is the most cyclical and tells you about firms' confidence; productivity and labour costs decide whether growth can continue without inflation.
Mode de calcul
the Statistics Bureau and the Cabinet Office estimates each component from surveys, tax and trade data, after inflation where noted ("real").
Ce que signifient les variations
- Strong spending with weak income growth cannot last: watch the savings rate.
- Productivity growth lets wages rise without pushing up prices; unit labour costs show the opposite.
Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the Japanese yen and local stocks, and can push bond yields up.
Inférieur aux attentes : A weaker figure than expected points to slowing activity: the Japanese yen tends to soften and markets price in lower rates.
Un bref historique
The components follow the expenditure approach to GDP set out by Keynesian economics in the 1930s and standardised in the System of National Accounts.
Questions
What is the Japan GDP External Demand QoQ Prel?
The Japan GDP External Demand QoQ Prel is one part of the national accounts of Japan: what households spend, what businesses invest, what they earn, or how productive workers are.
What was the latest Japan GDP External Demand QoQ Prel?
0.5% for Q2, published on 16 August 2026 (consensus 0.3%, previous 0.3%).
When is the next Japan GDP External Demand QoQ Prel?
On Sunday 15 November 2026 at 23:50 UTC.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.