Japan recorded a Government Budget deficit equal to 6.40 percent of the country's Gross Domestic Product in 2022. Government Budget in Japan averaged -3.08 percent of GDP from 1960 until 2022, reaching an all time high of 2.58 percent of GDP in 1961 and a record low of -8.70 percent of GDP in 2020. source: Ministry of Finance, Japan

Government Budget in Japan is expected to reach -3.70 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Government Budget is projected to trend around -3.60 percent of GDP in 2025 and -3.50 percent of GDP in 2026, according to our econometric models.

Related Last Previous Unit Reference
Credit Rating 77.00 Apr 2024
Government Budget -6.40 -5.10 percent of GDP Dec 2022
Government Budget Value -43638.00 -90303.00 JPY Hundred Million Dec 2023
Government Debt to GDP 263.90 262.50 percent of GDP Dec 2022
Government Spending 119876.20 120072.40 JPY Billion Dec 2023
Government Spending to GDP 44.50 47.20 percent of GDP Dec 2021
Military Expenditure 50161.10 46880.20 USD Million Dec 2023

Japan Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-6.40 -5.10 2.58 -8.70 1960 - 2022 percent of GDP Yearly