forecasts  460 FY 05  06  07  08  09  10  11  12  13  14  FY 2021  FY 2022  FY 2023  FY 2024  Actual +2.2  +2.4  +2.0  +1.3  +2.9  +1.9  +1.1  15  16  17  18  19  20  21  22  23  24  Note: The real GDP growth rates for fiscal 2022-2024 are the medians of the Policy Board members' forecasts.
The values of real GDP for fiscal 2022 onward are calculated by multiplying the actual figure for fiscal 2021 by all successive projected growth rates for each year. Sources: Cabinet Office; Bank of Japan. 5  Chart 6  I.