Japan witnessed an unexpected and remarkable turnaround in its GDP external demand during the fourth quarter of 2024. According to the latest data updated on 16 February 2025, Japan's external demand indicator surged to a positive 0.7%, marking a significant improvement over the previous quarter's negative figure of -0.2%.
This quarter-over-quarter comparison reveals a promising shift in Japan's economic landscape, as the nation managed to recover from the decline experienced during the third quarter of 2024. The dramatic change from a negative demand to a notable positive growth highlights a potential revitalization in international interest and demand for Japanese products and services.
Analysts are optimistic that this upward trend signals a strengthening of Japan's export market and could foster further economic stability and growth in the coming quarters. As the global economy continues to adjust and expand, Japan's ability to capitalize on external demand may prove pivotal to maintaining its economic momentum moving forward.