Japan recorded a Government Budget deficit equal to 12.60 percent of the country's Gross Domestic Product in 2020. source: Ministry of Finance, Japan
Government Budget in Japan averaged -3.04 percent of GDP from 1960 until 2020, reaching an all time high of 2.58 percent of GDP in 1961 and a record low of -12.60 percent of GDP in 2020. This page provides - Japan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Government Budget - values, historical data and charts - was last updated on July of 2021.
Government Budget in Japan is expected to reach -9.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Government Budget is projected to trend around -3.50 percent of GDP in 2022 and -3.00 percent of GDP in 2023, according to our econometric models.