Japan's gross domestic product increased by 11.7 percent in the fourth quarter of 2020 compared to the same period of the previous year.

The country's economic growth was previously estimated at 12.7 percent.

According to the data announced by the Japanese Cabinet, the Japanese economy grew by 2.8 percent compared to the previous quarter.

Personal consumption in the country increased by 2.2 percent compared to the previous 3 months.