Japan recorded a Government Budget deficit equal to 6.40 percent of the country's Gross Domestic Product in 2022. source: Ministry of Finance, Japan

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. 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 August of 2023.

Government Budget in Japan is expected to reach -4.50 percent of GDP by the end of 2023, 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 2024 and -3.50 percent of GDP in 2025, according to our econometric models.

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Japan Government Budget



Related Last Previous Unit Reference
Government Debt to GDP 263.90 262.50 percent of GDP Dec 2022
Government Budget -6.40 -5.10 percent of GDP Dec 2022

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