Japan’s economy has ended 2024 on a high note, with Q4 GDP growth reaching 2.8%. This growth, which outpaced economists’ predictions, reflects a strong recovery in consumer confidence and a rebound in industrial production. The tourism sector, buoyed by the return of international travelers, has also played a significant role in driving economic activity.
While the outlook for 2025 remains positive, policymakers must navigate challenges such as inflationary pressures and geopolitical uncertainties. The government’s commitment to economic reforms and investment in green technologies is expected to support long-term growth.
