Japan's GDP growth rate is expected to be around 1.2% in 2024, according to the latest forecast from the International Monetary Fund (IMF).
The Organisation for Economic Co-operation and Development (OECD) predicts Japan's GDP growth rate to be 1.1% in 2024, driven by private consumption and investment.
The Bank of Japan (BOJ) has lowered its GDP growth forecast for 2024 to 0.9%, citing weaker global demand and a stronger yen.
FocusEconomics panelists see Japan's GDP growing 1.3% in 2024, which is down 0.1 percentage points from last month's forecast, due to a slowdown in the global economy.
In this video, experts discuss Japan's economic outlook for 2024, including the predicted GDP growth rate and key drivers of growth.
The International Monetary Fund (IMF) predicts Japan's GDP growth rate to be 1.2% in 2024, driven by a recovery in private consumption and investment.
Researchers at Harvard University predict Japan's GDP growth rate to be 1.1% in 2024, citing a slowdown in the global economy and a stronger yen.
The World Bank predicts Japan's GDP growth rate to be 1.0% in 2024, driven by a recovery in private consumption and investment, despite a slowdown in the global economy.