The Gross Domestic Product (GDP) in Japan expanded 1.7% in the fourth quarter of 2023 over the same quarter of the previous year.
Real GDP growth rate of Japan was 1.8% in 2023, according to the OECD.
Japan's economy grew at a slower pace in 2023, as a weaker global economy and higher energy costs weighed on exports and consumption.
The statistic shows the growth rate of the real GDP in Japan from 2013 to 2023, with projections up to 2028.
The IMF expects Japan's economy to grow by 1.6% in 2023, driven by private consumption and investment.
Japan's GDP grew 0.2% in the fourth quarter of 2023, beating expectations of a 0.1% expansion.
The Cabinet Office of Japan provides an overview of the country's economic indicators, including GDP growth rate, for 2023.
The Brookings Institution analyzes Japan's GDP growth and inflation in 2023, and discusses the implications for monetary policy.