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February 17, 2026JAPAN GDP Q4 & ANNUAL 2025 (PRELIMINARY) 
First estimates indicate that the Japanese economy (real GDP) grew at a seasonally adjusted annualized rate of 0.2% in the fourth quarter of 2025.
Japan's economic growth came with 0.3% growth in real household consumption along with a 0.6% rise in government consumption spending, 20.4% rise in residential investment, 1.0% rise in non-residential investments, and a 1.3% decline in imports. These contributions to growth were partially offset by declining public investment (-5.1%) and exports (-1.1%).
Japan's nominal GDP was estimated at 2.3% (seasonally adjusted annualized rate) in Q4 2025, rebounding from the 0.1% decline in Q3 2025. The price deflator for Japan's real GDP (the broad measure of price growth) increased at a seasonally adjusted annualized rate of 2.1% in Q4 2025, decelerating from a 2.5% pace in Q3 2025.
ANNUAL
Real GDP in Japan increased by 1.1% in 2025 from 2024. Nominal GDP increased 4.5% in 2025 compared to 2024.
Source: Cabinet Office of Japan, Quarterly Estimates of GDP
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