Asia-Pacific · World Bank + FRED data · updated Sep 28, 2026
Japan economy forecast
For 2026 the model expects inflation of 2.9%, GDP growth of 0.9% and unemployment of 2.4% in Japan.
Inflation
CPI, annual %
2.9%
2026 forecast
Latest · 2025: 3.2%▼ −0.2 pp
GDP growth
Annual %
0.9%
2026 forecast
Latest · 2025: 1.2%▼ −0.3 pp
Unemployment
% of labor force, ILO modeled
2.4%
2026 forecast
Latest · 2025: 2.5%■ 0.0 pp
GDP per capita
Current US$
$35,660
2026 forecast
Latest · 2025: $35,951▼ −0.8%
Population
Population, total
122.7M
2026 forecast
Latest · 2025: 123.4M▼ −0.5%
USD/JPY
JPY per 1 USD
161.93
in 12 months
Last close · Sep 25, 2026: 157.18▲ +3.0%
Japan at a glance, 2026–2028
| Indicator | Latest | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Inflation | 3.2% 2025 | 2.9% | 2.7% | 2.3% |
| GDP growth | 1.2% 2025 | 0.9% | 0.9% | 1.0% |
| Unemployment | 2.5% 2025 | 2.4% | 2.3% | 2.3% |
| GDP per capita | $35,951 2025 | $35,660 | $35,356 | $35,209 |
| Population | 123.4M 2025 | 122.7M | 122.3M | 121.6M |
Medians; each indicator's page shows its 80% range and backtest.
Other countries in Asia-Pacific
All countriesStatistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.