Japan recorded a Government Budget deficit equal to 3.80 percent of the country's Gross Domestic Product in 2018. source: Ministry of Finance, Japan

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. This page provides - Japan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Government Budget - values, historical data and charts - was last updated on December of 2020.

Government Budget in Japan is expected to reach -20.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Government Budget is projected to trend around -10.20 percent of GDP in 2021 and -7.00 percent of GDP in 2022, 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 Last Previous Highest Lowest Unit
Government Debt to GDP 236.60 238.20 238.20 50.60 percent [+]
Government Budget -3.80 -4.80 2.58 -8.30 percent of GDP [+]
Government Budget Value -308414.00 41553.00 91505.00 -347513.00 JPY HML [+]
Government Spending 114508.90 111403.60 114508.90 43597.40 JPY Billion [+]
Military Expenditure 45362.00 45387.00 45627.00 7733.00 USD Million [+]
Credit Rating 77.00 [+]
Government Spending To GDP 38.90 38.90 40.91 35.03 percent [+]


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.