Japan recorded a Government Budget deficit equal to 0.60 percent of the country's Gross Domestic Product in 2025. Government Budget in Japan averaged -2.96 percent of GDP from 1960 until 2025, reaching an all time high of 2.58 percent of GDP in 1961 and a record low of -9.10 percent of GDP in 2010. source: Ministry of Finance, Japan
Government Budget in Japan is expected to reach -3.70 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Government Budget is projected to trend around -3.20 percent of GDP in 2027 and -3.40 percent of GDP in 2028, according to our econometric models.