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GDP gap (output gap) — GDP gap

Latest value
0.700% as of 2026-Q2
+0.100ptYoY

GDP gap (output gap) — GDP gap: history

-8.4-2.92.61994-Q12010-Q12026-Q2

Unit: %

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About GDP gap (output gap) — GDP gap

The GDP gap (output gap) is the Cabinet Office's estimate of the difference between demand and supply capacity in the Japanese economy, as a percentage of potential GDP. Negative means slack (downward pressure on prices); positive means excess demand. This site stores each release's estimate as published, so you can look back at what the estimate was at the time.

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Recent values

PeriodValue
2026-Q20.700%
2026-Q10.500%
2025-Q40.200%
2025-Q30.100%
2025-Q20.600%
2025-Q10.600%
2024-Q40.200%
2024-Q3-0.100%
2024-Q2-0.800%
2024-Q1-0.500%
2023-Q4-0.300%
2023-Q3-0.700%

Source and data handling

Source
Cabinet Office
Frequency
Quarterly
Unit
%
Last ingested
2026-09-14
License
Cabinet Office, Government of Japan, Konshu no Shihyo (Indicators of the Week) — Public Data License (Version 1.0) (PDL1.0)

Created by editing Konshu no Shihyo (Indicators of the Week, Cabinet Office, Government of Japan, https://www5.cao.go.jp/keizai3/shihyo/index.html).

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