Japan recorded a Government Debt to GDP of 236.70 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Japan averaged 149.81 percent of GDP from 1980 until 2024, reaching an all time high of 258.40 percent of GDP in 2020 and a record low of 50.60 percent of GDP in 1980. source: Ministry of Finance, Japan

Government Debt to GDP in Japan is expected to reach 230.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan General Government Gross Debt to GDP is projected to trend around 228.00 percent of GDP in 2026 and 225.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 77.00 Feb 2026
Government Budget -2.30 -3.80 percent of GDP Dec 2024
Government Budget Value -86079.00 -297690.00 JPY Hundred Million Sep 2025
Government Debt to GDP 236.70 240.00 percent of GDP Dec 2024
Government Spending 120025.80 119409.20 JPY Billion Sep 2025
Government Spending to GDP 39.40 40.40 percent of GDP Dec 2024
Holidays
Military Expenditure 55273.90 48189.10 USD Million Dec 2024


Japan General Government Gross Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
236.70 240.00 258.40 50.60 1980 - 2024 percent of GDP Yearly