Japan Business Confidence Growth

2001 - 2025 | Quarterly | % Point | CEIC Data

Key information about Japan Business Confidence Growth

  • Japan Business Confidence grew 3.0 % in Mar 2025, compared with an increase of 4.0 % YoY in the previous quarter.
  • Japan Business Confidence: YoY Change is updated quarterly, available from Mar 2001 to Mar 2025, with an averaged rate of 2.0 %.
  • The data reached an all-high of 40.0 % in Sep 2021 and a record low of -57.0 % in Jun 2009.

CEIC calculates Business Confidence Change from quarterly Business Conditions Index. The Bank of Japan provides Business Conditions Index with range from -100 to 100 with neutral point 0. Business Confidence covers Business Conditions in Manufacturing sector only. The Bank of Japan conducted a sample revision in Mar 2015, which introduces some data discontinuity prior to Mar 2015.

View Japan's Business Confidence Growth from Mar 2001 to Mar 2025 in the chart:

Japan Business Confidence Growth

What was Japan's Business Confidence Growth in Mar 2025?

Japan Business Confidence grew 3.0 % in Mar 2025, compared with an increase of 4.0 % YoY in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.0 Mar 2025 4.0 Dec 2024 -57.0 Jun 2009 40.0 Sep 2021 % Point quarterly Mar 2001 - Mar 2025

Business Confidence Growth by Country Comparison

country/region Last Frequency Range
Albania (% Point) -5.7 Dec 2024 quarterly Jun 2017 - Dec 2024
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) 8.0 Oct 2024 monthly Jul 2013 - Oct 2024
Austria (% Point) -2.0 Dec 2024 monthly Jan 1986 - Dec 2024
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) -2.1 Dec 2024 monthly Jan 1981 - Dec 2024
Brazil (% Point) -2.2 Dec 2024 monthly Jan 2010 - Dec 2024
Bulgaria (% Point) 4.1 Nov 2024 monthly Jan 1994 - Nov 2024
Canada (% Point) -4.8 Nov 2024 monthly Dec 2001 - Nov 2024
Chile (% Point) 9.3 Nov 2024 monthly Nov 2004 - Nov 2024
China (% Point) 2.2 Dec 2024 monthly Jan 2006 - Dec 2024
Colombia (% Point) 4.3 Nov 2024 monthly Jan 1981 - Nov 2024
Croatia (% Point) -7.1 Nov 2024 monthly May 2009 - Nov 2024
Cyprus (% Point) -5.5 Nov 2024 monthly May 2003 - Nov 2024
Czech Republic (% Point) -7.0 Dec 2024 monthly Mar 1994 - Dec 2024
Denmark (% Point) 18.0 Nov 2024 monthly Jan 1999 - Nov 2024
Ecuador (% Point) 5.7 Nov 2024 monthly Feb 2011 - Nov 2024
Estonia (% Point) 10.0 Dec 2024 monthly May 2002 - Dec 2024
European Union (% Point) -1.6 Nov 2024 monthly Jan 1986 - Nov 2024
Finland (% Point) 13.3 Nov 2024 monthly Jan 1994 - Nov 2024
France (% Point) 0.2 Nov 2024 monthly Jan 1986 - Nov 2024
Georgia (% Point) -18.5 Dec 2024 quarterly Dec 2014 - Dec 2024
Germany (% Point) -8.3 Dec 2024 monthly Jan 1992 - Dec 2024
Ghana (%) 14.4 Aug 2024 monthly Dec 2013 - Aug 2024
Greece (% Point) 10.2 Nov 2024 monthly Jan 1986 - Nov 2024
Hong Kong SAR, China (% Point) -11.0 Dec 2024 quarterly Mar 2009 - Dec 2024
Hungary (% Point) -5.7 Dec 2024 monthly Jan 1997 - Dec 2024
Iceland (% Point) 98.4 Dec 2024 quarterly Dec 2003 - Dec 2024
India (% Point) -15.1 Dec 2024 quarterly Jun 2001 - Dec 2024
Indonesia (% Point) -0.1 Dec 2024 quarterly Mar 2011 - Dec 2024
Israel (% Point) 10.4 Dec 2024 monthly Jan 2016 - Dec 2024
Italy (% Point) -1.6 Nov 2024 monthly Jan 1986 - Nov 2024
Japan (% Point) 3.0 Mar 2025 quarterly Mar 2001 - Mar 2025
Kazakhstan (% Point) 3.0 Mar 2024 quarterly Mar 2009 - Mar 2024
South Korea (% Point) -8.0 Jan 2025 monthly Feb 2004 - Jan 2025
Latvia (% Point) -6.9 May 2023 monthly Apr 1994 - May 2023
Lithuania (% Point) 7.8 Nov 2024 monthly Apr 2004 - Nov 2024
Luxembourg (% Point) 14.6 Nov 2024 monthly Jan 1986 - Nov 2024
North Macedonia (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022
Malaysia (% Point) 25.2 Sep 2024 quarterly Mar 2004 - Sep 2024
Malta (% Point) 11.7 Nov 2024 monthly Nov 2003 - Nov 2024
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) -4.1 Nov 2024 monthly Jan 2005 - Nov 2024
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) 4.1 Dec 2024 monthly Jan 1986 - Dec 2024
New Zealand (% Point) -7.4 May 2023 monthly Aug 2003 - May 2023
Nigeria (% Point) 4.4 Nov 2024 monthly Jul 2015 - Nov 2024
Norway (% Point) 0.3 Nov 2024 monthly Feb 2005 - Nov 2024
Palestinian Territory (% Point) 4.1 Dec 2024 monthly Apr 2014 - Dec 2024
Peru (% Point) 26.0 Nov 2024 monthly Apr 2003 - Nov 2024
Philippines (% Point) -1.9 Dec 2024 quarterly Jun 2002 - Dec 2024
Poland (% Point) -2.7 May 2023 monthly Jul 2006 - May 2023
Portugal (% Point) 3.4 Nov 2024 monthly Jan 1988 - Nov 2024
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) -0.1 Nov 2024 monthly Jul 1992 - Nov 2024
Russia (% Point) -1.0 Dec 2024 monthly Jan 2006 - Dec 2024
Serbia (% Point) 2.7 Sep 2024 monthly May 2014 - Sep 2024
Singapore (% Point) 1.2 Dec 2024 monthly Jan 2000 - Dec 2024
Slovakia (% Point) 5.0 Nov 2024 monthly Jan 1994 - Nov 2024
Slovenia (% Point) -1.0 Dec 2024 monthly May 1996 - Dec 2024
South Africa (% Point) 0.4 Nov 2024 monthly Sep 2000 - Nov 2024
Spain (% Point) 4.3 Nov 2024 monthly Jan 1994 - Nov 2024
Sri Lanka (% Point) -8.2 May 2023 monthly May 2016 - May 2023
Sweden (% Point) 9.8 Nov 2024 monthly Jan 2002 - Nov 2024
Switzerland (% Point) 10.8 Dec 2024 monthly Jan 1996 - Dec 2024
Taiwan (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) 0.6 Nov 2024 monthly Feb 2000 - Nov 2024
Turkey (% Point) -0.7 Dec 2024 monthly Jan 2008 - Dec 2024
Ukraine (% Point) 1.7 Jun 2024 quarterly Sep 2013 - Jun 2024
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) 4.4 Dec 2024 monthly Jan 1949 - Dec 2024
Uruguay (% Point) -3.2 Sep 2024 monthly Oct 1999 - Sep 2024

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Japan Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.2 2024 yearly 1996 - 2024
Consolidated Fiscal Balance (USD mn) -331,330.503 2023 yearly 1995 - 2023
Tax Revenue (USD mn) 39,719.581 Nov 2024 monthly Apr 1983 - Nov 2024
Tax Revenue: % of GDP (%) 9.3 Sep 2024 quarterly Jun 1983 - Sep 2024
National Government Debt (USD mn) 9,396,604.9 Apr 2023 monthly Apr 1982 - Apr 2023
Government Debt: % of GDP (%) 217.4 Sep 2024 quarterly Dec 1994 - Sep 2024
Forecast: Government Expenditure (JPY bn) 285,838.584 2029 yearly 1980 - 2029
Forecast: Government Net Debt (JPY bn) 1,715,996.312 2029 yearly 1980 - 2029
Forecast: Government Revenue (JPY bn) 257,940.611 2029 yearly 1980 - 2029
General Government (GG): Revenue (JPY bn) 225,286.100 2024 yearly 1995 - 2024
GG: REV: TS: Taxes on Income, Profits, & Capital Gains(TIPC) (JPY bn) 65,677.500 2024 yearly 1995 - 2024
GG: REV: TS: Taxes on Goods & Services (TGS) (JPY bn) 42,381.800 2024 yearly 1995 - 2024
GG: Revenue: Social Contributions (JPY bn) 79,597.500 2024 yearly 1995 - 2024
GG: Net Operating Balance (JPY bn) 11,967.100 2024 yearly 1995 - 2024
GG: Net Acquisition of Nonfinancial Assets (JPY bn) 1,880.100 2024 yearly 1995 - 2024
GG: Revenue: Grants (JPY bn) 3.100 2024 yearly 1995 - 2024
GG: Expenses (JPY bn) 234,423.800 2024 yearly 1995 - 2024
Central Government Operations: Expenditure (JPY hm) 219,919.000 Sep 2024 quarterly Mar 2008 - Sep 2024
Central Government Operations: Revenue (JPY hm) 110,381.000 Sep 2024 quarterly Mar 2008 - Sep 2024
Central Government Operations: Balance (Deficit/Surplus) (JPY hm) -109,538.000 Sep 2024 quarterly Mar 2008 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.447 2029 yearly 1980 - 2029
Trade Balance (USD mn) -2,499.7 Nov 2024 monthly Apr 1995 - Nov 2024
Total Exports (USD mn) 57,631.2 Nov 2024 monthly Apr 1995 - Nov 2024
Total Exports Growth (%) 2.4 Nov 2024 monthly Apr 1996 - Nov 2024
Aluminum: Exports (USD th) 1,416,918.924 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 4,922,979.164 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 2,845,576.661 2022 yearly 1995 - 2022
Total Imports (USD mn) 60,131.0 Nov 2024 monthly Apr 1995 - Nov 2024
Total Imports Growth (%) 1.7 Nov 2024 monthly Apr 1996 - Nov 2024
Imports: Medicament (USD th) 18,580,835.646 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 21,183,617.064 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 10,865.901 Nov 2024 monthly Jan 1960 - Nov 2024
Total Imports from USA (USD mn) 6,546.415 Nov 2024 monthly Feb 1960 - Nov 2024
Total Exports to China (USD mn) 10,811.962 Nov 2024 monthly Jan 1960 - Nov 2024
Total Imports from China (USD mn) 15,250.597 Nov 2024 monthly Feb 1960 - Nov 2024
Imports: sa (JPY bn) 9,242.886 Nov 2024 monthly Apr 1995 - Nov 2024
Trade Balance: sa (JPY bn) -384.238 Nov 2024 monthly Apr 1995 - Nov 2024
Exports: sa (JPY bn) 8,858.648 Nov 2024 monthly Apr 1995 - Nov 2024
Exports Unit Value Index: Fisher Formula (FF): Total (2015=100) 100.40 Jul 2018 monthly Jan 2003 - Jul 2018
Imports Unit Value Index: FF: Fisher Formula (FF): Total (2015=100) 101.17 Jul 2018 monthly Jan 2003 - Jul 2018
Exports Quantum Index (2015=100) 106.65 Jul 2018 monthly Jan 2003 - Jul 2018
Imports Quantum Index: China (2015=100) 104.22 Jul 2018 monthly Jan 2003 - Jul 2018
Imports Quantum Index: USA (2015=100) 106.43 Jul 2018 monthly Jan 2003 - Jul 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 8,988.9 Oct 2024 monthly Jan 1996 - Oct 2024
Current Account Balance (USD mn) 14,232.0 Apr 2023 monthly Jan 1996 - Apr 2023
Foreign Direct Investment (USD mn) -3,035.9 Oct 2024 monthly Jan 1996 - Oct 2024
Foreign Direct Investment: % of GDP (%) 0.5 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Portfolio Investment (USD mn) -97,334.750 Sep 2024 quarterly Mar 1996 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -9.8 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -41,931.0 Sep 2024 quarterly Mar 1996 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -55,403.738 Sep 2024 quarterly Mar 1996 - Sep 2024
External Debt (USD mn) 4,634,842.5 Sep 2024 quarterly Mar 2003 - Sep 2024
External Debt: % of GDP (%) 107.7 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 3,340,345.4 Sep 2024 quarterly Mar 2003 - Sep 2024
External Debt: Short Term: % of GDP (%) 77.9 2023 yearly 2003 - 2023
Total Debt: % of GDP (%) 1,277.2 Sep 2024 quarterly Jun 1998 - Sep 2024
Forecast: Current Account Balance (USD bn) 156.819 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 3,571,569.485 Sep 2024 quarterly Jun 2010 - Sep 2024
BoP: CA: G&S: Services (JPY bn) -159.048 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: CA: G&S: Goods (JPY bn) -155.659 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: Current Account (CA) (JPY bn) 2,456.879 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: FA: Reserve Assets (JPY bn) 207.150 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: CA: G&S: Goods: Exports (JPY bn) 9,365.525 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: Capital Account (JPY bn) 3.445 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: CA: G&S: Goods: Imports (JPY bn) 9,521.183 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: CA: Primary Income (JPY bn) 3,254.058 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: FA: Direct Investment (JPY bn) 1,802.404 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: CA: Secondary Income (JPY bn) -482.472 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: FA: Portfolio Investment (JPY bn) -12,429.782 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: Financial Account (FA) (JPY bn) 1,896.528 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: Net Errors and Omissions (JPY bn) -563.797 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: CA: G&S: Services (SS): Total: Credit (CR) (JPY bn) 2,913.596 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: CA: G&S: Services (SS): Total: Debit (DR) (JPY bn) 3,072.644 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: FA: DI: Assets (Ass) (JPY bn) 1,347.348 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: FA: DI: Liabilities (Lia) (JPY bn) -455.056 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: sa: Current Account (CA): Net (JPY bn) 2,408.794 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: sa: CA: Secondary Income: Net (JPY bn) -493.697 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: sa: CA: G&S: Goods: Imports (JPY bn) 8,970.572 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: sa: CA: G&S: Goods: Net (JPY bn) -180.885 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: sa: CA: G&S: Services (SS): Net (JPY bn) -51.260 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: sa: CA: G&S: Goods: Exports (JPY bn) 8,789.687 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: sa: CA: Primary Income: Net (JPY bn) 3,134.636 Oct 2024 monthly Jan 1996 - Oct 2024
BoP: sa: CA: Secondary Income: Debit (JPY bn) 365.341 Mar 2019 monthly Jan 1996 - Mar 2019
BoP: sa: CA: Secondary Income: Credit (JPY bn) 284.009 Mar 2019 monthly Jan 1996 - Mar 2019
EDP: DTC: Long Term (LT) (JPY bn) 26,461.378 Sep 2024 quarterly Mar 2014 - Sep 2024
EDP: DTC: Short Term (ST) (JPY bn) 209,989.603 Sep 2024 quarterly Mar 2014 - Sep 2024
Gross External Debt Position (EDP) (JPY bn) 663,941.187 Sep 2024 quarterly Mar 2014 - Sep 2024
EDP: GG: Long Term (LT) (JPY bn) 99,918.360 Sep 2024 quarterly Mar 2014 - Sep 2024
EDP: GG: Short Term (ST) (JPY bn) 77,096.897 Sep 2024 quarterly Mar 2014 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Mar 2024 semiannually Mar 1999 - Mar 2024
Household Debt: % of GDP (%) 65.1 Sep 2024 quarterly Dec 1997 - Sep 2024
Non-Performing Loans (USD mn) 63,344.796 2023 yearly 1998 - 2023
Money Supply M1 (USD mn) 7,258,492.287 Oct 2024 monthly Jan 1957 - Oct 2024
Money Supply M2 (USD mn) 10,419,211.027 Oct 2024 monthly Jan 1957 - Oct 2024
M2 Growth (%) 1.2 Nov 2024 monthly Jan 1968 - Nov 2024
Reserve Requirement Ratio (%) 0.8 Oct 2024 monthly Oct 1980 - Oct 2024
Foreign Exchange Reserves (USD mn) 1,099,052.0 Nov 2024 monthly Apr 2000 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 0.840 Oct 2024 monthly Oct 1980 - Oct 2024
Foreign Exchange Reserves: Months of Import (NA) 18.2 Nov 2024 monthly Apr 2000 - Nov 2024
Gold Reserves (USD mn) 72,106.000 Nov 2024 monthly Dec 1956 - Nov 2024
Total Deposits (USD mn) 8,908,352.503 Nov 2024 monthly Apr 1998 - Nov 2024
Total Deposits Growth (%) 0.0 Nov 2024 monthly Apr 1999 - Nov 2024
Domestic Credit (USD mn) 12,049,587.1 Oct 2024 monthly Apr 2003 - Oct 2024
Domestic Credit Growth (%) 1.4 Oct 2024 monthly Apr 2004 - Oct 2024
Debt Service Ratio: Households (%) 7.400 Jun 2024 quarterly Mar 1999 - Jun 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.800 Jun 2024 quarterly Mar 1999 - Jun 2024
Credit to Households (USD bn) 2,443.078 Jun 2024 quarterly Dec 1964 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 6,801.108 Jun 2024 quarterly Dec 1964 - Jun 2024
Household Debt (USD mn) 2,739,463.2 Sep 2024 quarterly Dec 1997 - Sep 2024
Total Loans (USD mn) 4,972,147.464 Nov 2024 monthly Oct 2000 - Nov 2024
Total Loans Growth (%) 3.64 Nov 2024 monthly Oct 2001 - Nov 2024
Private Debt: % of Nominal GDP (%) 122.99 Jun 2024 quarterly Dec 2001 - Jun 2024
Money Stock: Avg: Money Supply: M2 (JPY bn) 1,254,997.500 Nov 2024 monthly Apr 2003 - Nov 2024
Money Stock: Money Supply: M3 (JPY bn) 1,610,625.400 Oct 2024 monthly Apr 2003 - Oct 2024
Money Stock: Money Supply: M1 (JPY bn) 1,098,542.100 Oct 2024 monthly Apr 2003 - Oct 2024
Money Stock: sa: Money Supply M3 (JPY bn) 1,614,487.600 Oct 2024 monthly Apr 2003 - Oct 2024
Money Stock: sa: Money Suppy M1 (JPY bn) 1,105,831.300 Oct 2024 monthly Apr 2003 - Oct 2024
Money Stock: Avg: sa: M2 (JPY bn) 1,256,247.400 Nov 2024 monthly Apr 2003 - Nov 2024
JP: Loans & Discounts: Outstanding: DLB: Overseas Yen Loans, Domestic Transfer (JPY bn) 12,191.20 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Loans & Discounts: Outstanding: DLB: Individuals (JPY bn) 140,008.40 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Loans & Discounts: Outstanding: DLB: Corporations: Incl Finance & Insurance (JPY bn) 312,385.90 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Loans & Discounts: Outstanding: DLB: Local Governments (JPY bn) 29,197.20 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Outstanding of NPLs: Total (JPY bn) 1,800.000 Sep 2018 semiannually Mar 2002 - Sep 2018
Business and Economic Survey Last Frequency Range
Monetary Policy Uncertainty Index (Index) 96.486 Oct 2024 monthly Jan 1987 - Oct 2024
Business Confidence Growth (% Point) 3.0 Mar 2025 quarterly Mar 2001 - Mar 2025
Tankan: AE: DI: Forecast: BC: Manufacturing (%) 5.000 Mar 2025 quarterly Mar 2015 - Mar 2025
Tankan: AE: DI: Forecast: BC: Non Manufacturing (NM) (%) 14.000 Mar 2025 quarterly Mar 2015 - Mar 2025
Tankan: All Enterprises(AE): DI:Forecast: Bus. Condition(BC):All Ind (%) 10.000 Mar 2025 quarterly Mar 2015 - Mar 2025
Tankan: AE: DI: Forecast: BC: Mfg: Electrical Machinery (%) 6.000 Dec 2024 quarterly Mar 2015 - Dec 2024
Tankan: AE: DI: Actual: BC: Mfg: Electrical Machinery (%) 6.000 Sep 2024 quarterly Mar 2015 - Sep 2024
Economy Watchers: Diffusion Index: Current Economics Conditions: sa (NA) 49.400 Nov 2024 monthly Aug 2001 - Nov 2024
Business Condition Judgement: All Industries (%) -21.500 Sep 2024 quarterly Jun 1994 - Sep 2024

More Indicators for Japan

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