Mount Fuji, Japan

Japan Industry

Japan Industry

Industrial Production in Japan

Japan's economy recorded an average industrial production growth rate of -0.4% in the decade to 2022, below the 0.7% average for Major Economies. In 2022, Japan's industrial production growth was -0.2%. For more industry information, visit our dedicated page.

Japan Industry Chart

Note: This chart displays Industrial Production (annual variation in %) for Japan from 2014 to 2023.
Source: Macrobond.

Japan Industry Data

2019 2020 2021 2022 2023
Industrial Production (ann. var. %) -2.7 -10.4 5.4 -0.2 -1.3
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Japanese industry projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Japanese industry.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Japanese industry projections.

Want to get access to the full dataset of Japanese industry forecasts? Send an email to info@focus-economics.com.

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