Japan: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Japan

Fiscal balance, percent of GDP

 Latest value -2.20
 Year 2018
 Measure percent
 Data availability 1980 - 2018
 Average -4.22
 Min - Max -10.23 - 1.99
 Source Cabinet Office of Japan
For that indicator, we provide data for Japan from 1980 to 2018. The average value for Japan during that period was -4.22 percent with a minimum of -10.23 percent in 1998 and a maximum of 1.99 percent in 1990. The latest value from 2018 is -2.2 percent. For comparison, the world average in 2018 based on 192 countries is -1.23 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Japan - Fiscal balance, percent of GDP - Recent values chart

Historical chart
Japan - Fiscal balance, percent of GDP - historical chart - 1980-2018




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 21.60 2022 percent
 Government spending, in dollars 918.84 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -2.20 2018 percent
 Government debt 238.70 2022 percent
 Government expenditure 28,717.90 Q3/2023 billion
 Long-term government bond yield 0.77 9/2023 percent
 Tax revenue 11.38 1993 percent
 Commercial tax rate 46.70 2019 percent
 Tax preparation time 129 2019 hours
 Number of taxes 19 2019 taxes
 Taxes on goods and services 14.45 1993 percent
 Taxes on international trade 1.21 1993 percent
 Income and profits taxes 35.02 1993 percent
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