The country’s economy returned to growth before the Tokyo Olympics and emerged from the recession caused by the Covid-19 pandemic.
In Q22021, the Japanese economy grew at twice the rate. The country’s GDP grew by 1.3% year on year, compared to a recession of 3.7% in Q12021.
In 2020, Japan’s economy shrank by more than 4.8% year-on-year, its first contraction in more than 10 years.



