Japan: Government deficit (% of GDP)
Percent of GDP · 1875–2024 · 149 observations · forecasts to 2031 · govdef_GDP
- 2024
- −2.35%percent of GDP
- Change on 2023
- +1.5 pointsfrom −3.84%
- Average, 2015–2024
- −4.15%10 years
- Record high and low
- 12.5% (1949)low −27.6% (1946)
Government deficit (% of GDP)
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Compare with other countries →Definition of Government deficit (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2031 | -4.04 | Forecast |
| 2030 | -3.70 | Forecast |
| 2029 | -3.29 | Forecast |
| 2028 | -2.95 | Forecast |
| 2027 | -2.37 | Forecast |
| 2026 | -1.79 | Forecast |
| 2025 | -2.23 | Forecast |
| 2024 | -2.35 | |
| 2023 | -3.84 | |
| 2022 | -4.18 | |
| 2021 | -6.15 | |
| 2020 | -9.07 | |
| 2019 | -3.04 | |
| 2018 | -2.47 | |
| 2017 | -3.10 | |
| 2016 | -3.60 | |
| 2015 | -3.68 |
Sources
This series is derived from other GMD variables.
Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →
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