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Japan’s General Government Debt

#9 of 86 in the General Government Debt progress rankings

Expressed as the ratio of total public debt to GDP, this indicators covers obligations of central, state, and local governments. It provides an overall picture of fiscal pressure and sustainability, showing the burden of public liabilities on the economy (lower is better).

Latest (2023)
249.7 %
Year-over-year
-6.6 %
Change since start (1955→2023)
+236.2 %

Key insights

  • From 1955 to 2023, General Government Debt changed by +236.2 %.
  • Most recent year-over-year change (2022→2023): -6.6 %.
  • Lowest level: 8.4 % in 1961.
  • Highest level: 258.4 % in 2020.

General Government Debt Chart (1955–2023)

*Average based on available data from 193 UN member countries

General Government Debt Table (1955–2023)

General Government Debt — Japan
Year General Government Debt
1955 13.5 %
1956 14.9 %
1957 12.0 %
1958 12.8 %
1959 12.1 %
1960 10.4 %
1961 8.4 %
1962 9.0 %
1963 8.7 %
1964 8.5 %
1965 9.8 %
1966 11.2 %
1967 11.4 %
1968 11.8 %
1969 11.4 %
1970 11.2 %
1971 12.6 %
1972 16.3 %
1973 15.9 %
1974 16.7 %
1975 20.9 %
1976 26.1 %
1977 31.1 %
1978 39.0 %
1979 43.8 %
1980 47.8 %
1981 52.8 %
1982 57.7 %
1983 63.5 %
1984 65.6 %
1985 68.3 %
1986 74.1 %
1987 75.8 %
1988 71.9 %
1989 65.7 %
1990 63.2 %
1991 62.4 %
1992 66.8 %
1993 72.8 %
1994 84.4 %
1995 92.5 %
1996 98.1 %
1997 105.0 %
1998 116.0 %
1999 129.5 %
2000 135.6 %
2001 145.1 %
2002 154.1 %
2003 160.0 %
2004 169.5 %
2005 174.6 %
2006 174.1 %
2007 173.0 %
2008 180.9 %
2009 198.8 %
2010 205.9 %
2011 219.2 %
2012 226.1 %
2013 229.5 %
2014 233.3 %
2015 228.3 %
2016 232.4 %
2017 231.3 %
2018 232.4 %
2019 236.4 %
2020 258.4 %
2021 253.7 %
2022 256.3 %
2023 249.7 %

Source: IMF DataMapper