Japan recorded a Government Budget deficit equal to 3.80 percent of the country's Gross Domestic Product in 2018. Government Budget in Japan averaged -2.89 percent of GDP from 1960 until 2018, reaching an all time high of 2.58 percent of GDP in 1961 and a record low of -8.30 percent of GDP in 2011. source: Ministry of Finance, Japan

Government Budget in Japan is expected to be -4.50 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Government Budget is projected to trend around -4.40 percent of GDP in 2020, according to our econometric models.

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Japan Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -4.80 2.58 -8.30 1960 - 2018 percent of GDP Yearly


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.

Japan Government Last Previous Highest Lowest Unit
Government Debt to GDP 238.20 237.60 238.20 50.60 percent [+]
Government Budget -3.80 -4.80 2.58 -8.30 percent of GDP [+]
Government Budget Value -66259.00 -117024.00 91505.00 -347513.00 JPY HND Million [+]
Government Spending 109853.50 109133.30 109853.50 43597.40 JPY Billion [+]
Credit Rating 77.00 [+]
Military Expenditure 45362.00 45387.00 45627.00 7733.00 USD Million [+]
Government Spending To GDP 38.90 39.05 40.91 35.03 percent [+]
Asylum Applications 709.00 914.00 1982.00 13.00 Persons [+]