Analysis by Region - Asia Pacific - Japan

Analysis by Region - Asia Pacific - Japan



We've maintained our 2023 GDP growth forecast for Japan at 0.6% y/y. However, we're lowered our outlook for 2024 by 0.3ppts to 1.1% growth as we believe the sluggish external environment will likely continue into next year.


Japan: External demand will continue to weigh on growth in 2024
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Economic policy

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