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
Influence
AUDJPY · CADJPY · CHFJPY · EURJPY · GBPJPY · NZDJPY · SGDJPY · USDJPY

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.

Feb 2025: 0.7%May 2025: -0.8%Aug 2025: 0.3%Nov 2025: -0.2%Feb 2026: 0%May 2026: 0.3%Aug 2026: 0.5% Feb 2025Aug 2026
Résultats réels ; le petit trait sur une barre indique le consensus.
PubliéPourRéelConsensusPrécédent
16 Aug 2026Q20.5%0.3%0.3%
18 May 2026Q10.3%0.2%0%
15 Feb 2026Q40%0.1%-0.3% ®
16 Nov 2025Q3-0.2%–0.2% ®
14 Aug 2025Q20.3%0.2%-0.8%
15 May 2025Q1-0.8%-0.6%0.7%
16 Feb 2025Q40.7%0.4%-0.1% ®

Voir dans le calendrier économique →

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.