Government budget balance (% of GDP) in Japan
In 2025, the general government budget balance as a share of GDP in Japan was -1.1 %, up from -1.7 % in 2024. This gives Japan the 2nd-highest among G20 countries, and the 53rd-highest globally (out of 194 economies with available data).
Government budget balance (% of GDP)
Positive values indicate a surplus; negative values indicate a deficit
Japan
How Japan compares
Government budget balance (% of GDP)
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About this indicator
This indicator measures the general government budget balance as a percentage of GDP, also called net lending (+) or net borrowing (−). It is calculated as total general government revenue minus total general government expenditure. Positive values mean a government budget surplus; negative values mean a government budget deficit.
Comparing budget balances across countries shows whether governments are financing spending from their own revenues or drawing on borrowing in a given year. Persistent deficits add to government debt over time, while surpluses can reduce it.
Comparing budget balances across countries shows whether governments are financing spending from their own revenues or drawing on borrowing in a given year. Persistent deficits add to government debt over time, while surpluses can reduce it.
Sources and updates
Data sources
The data for this indicator are drawn from the IMF World Economic Outlook.
Last update
This indicator was last updated on Econorama on 18 June 2026 and reflects the latest data available from the underlying sources at that time.
More on Japan
Public Finance
Government debt (% of GDP)
Gross debt of the general government
Rank2nd of 190
Public debt per capita
Gross debt of the general government, in current international dollars
Rank2nd of 191
Government expenditure (% of GDP)
Total expenditure of the general government
Rank65th of 194
Interest paid on public debt (% of GDP)
Gross interest payments by the general government
Rank21st of 35
Interest paid on public debt (% of government revenue)
Gross interest payments as a share of general government revenue
Rank17th of 35