Japan's GDP growth rate is expected to slow down to 1.2% in 2024, according to the latest forecast by the International Monetary Fund (IMF).
The IMF predicts that Japan's economy will grow at a rate of 1.1% in 2024, driven by private consumption and investment.
Japan's GDP is forecast to grow 1.3% in 2024, driven by a rebound in exports and a pickup in domestic demand, according to a Bloomberg survey of economists.
FocusEconomics panelists see the economy growing 1.2% in 2024, which is down 0.1 percentage points from last month's forecast.
In this video, experts discuss the challenges facing Japan's economy in 2024, including an aging population and slow productivity growth.
The OECD forecasts that Japan's GDP will grow at a rate of 1.1% in 2024, driven by a gradual recovery in domestic demand.
The World Bank predicts that Japan's GDP will grow at a rate of 1.2% in 2024, driven by a moderate expansion in domestic demand.
HSBC expects Japan's GDP to grow 1.3% in 2024, driven by a pickup in exports and a gradual recovery in domestic demand.