Data / Government balance / Japan

Government balance in Japan

Government balance in Japan was -1.7% of GDP in 2024, according to the Organisation for Economic Co-operation and Development. That is up 0.7 pts from 2023. That is the 15th highest of 38 countries in 2024.

2024, % of GDP-1.7
Change on 2023+0.7 pts
Rank15th of 38Countries ranked
Series high-1.72024
Series low-9.62009

Government balance in Japan, 2005 to 2024

-10-8-6-4-2020052008201120142017202020242005: -4.4 % of GDP2006: -3 % of GDP2007: -2.9 % of GDP2008: -4.1 % of GDP2009: -9.6 % of GDP2010: -9.1 % of GDP2011: -9 % of GDP2012: -8.2 % of GDP2013: -7.6 % of GDP2014: -5.6 % of GDP2015: -3.6 % of GDP2016: -3.6 % of GDP2017: -3 % of GDP2018: -2.4 % of GDP2019: -3 % of GDP2020: -9 % of GDP2021: -6.3 % of GDP2022: -4.2 % of GDP2023: -2.3 % of GDP2024: -1.7 % of GDP
% of GDP. Source: OECD, OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13). Retrieved 2026-10-12, published 2026-10-12.
All 20 values
Period% of GDP
2024-1.7
2023-2.3
2022-4.2
2021-6.3
2020-9
2019-3
2018-2.4
2017-3
2016-3.6
2015-3.6
2014-5.6
2013-7.6
2012-8.2
2011-9
2010-9.1
2009-9.6
2008-4.1
2007-2.9
2006-3
2005-4.4

Rankings

Definition

General government net lending (+) or net borrowing (-) as a percentage of GDP.

How to cite

OECD. OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html

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Questions

What is the government balance as a share of GDP in Japan?

Government balance in Japan was -1.7% of GDP in 2024, according to the Organisation for Economic Co-operation and Development. That is up 0.7 pts from 2023. That is the 15th highest of 38 countries in 2024.

Where does this figure come from?

Organisation for Economic Co-operation and Development. OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13). Retrieved by Invokely on 2026-10-12.

What was the highest government balance as a share of GDP in Japan?

-1.7% of GDP in 2024, the highest value since 2005 in this series.

Government balance in other countries

Related statistics for Japan

All statistics for Japan