The Japanese Government has revised its estimation of the GDP growth for the period between April and June, hiking it from an initial forecast to 2.2%. This strong performance, despite the ongoing pandemic, displays Japan's resilience. Several key sectors have contributed to this success, with domestic demands and exports being the main drivers of growth.

Since the fall of the Japanese economy during the 1990's bubble burst, any sign of rising GDP growth sparks national interest and is considered significant. Japanese businesses and citizens consider economic stability highly important, especially in the midst of the COVID-19 pandemic. This news signals like a beacon for stability and recovery.

In comparison, the US and EU have had fluctuating GDP growth rates due to the pandemic, with recovery heavily relying on fiscal stimulus programs. While Japan also implemented stimulus measures, its steady growth rate shows noticeable resilience and robustness in its economic structure.