Japan Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Japan's budget deficit stood at -1.26% in 2025, a rise of +0.27% from 2024. The IMF projects -1.26% by 2025. Japan ranked 49th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -4.40% | - | - |
| 2029* IMF | -3.75% | - | - |
| 2028* IMF | -3.12% | - | - |
| 2027* IMF | -2.54% | - | - |
| 2026* IMF | -2.03% | - | - |
| 2025* IMF | -1.26% | - | - |
| 2025 | -1.26% | +0.27% | #49 |
| 2024 | -1.53% | +0.73% | #123 |
| 2023 | -2.26% | +1.95% | #107 |
| 2022 | -4.22% | +1.91% | #67 |
| 2021 | -6.13% | +2.95% | #52 |
| 2020 | -9.08% | −6.03% | #46 |
| 2019 | -3.05% | −0.57% | #68 |
| 2018 | -2.47% | +0.63% | #74 |
| 2017 | -3.10% | +0.50% | #69 |
| 2016 | -3.60% | +0.08% | #69 |
| 2015 | -3.68% | +1.94% | #72 |
| 2014 | -5.62% | +2.00% | #30 |
| 2013 | -7.61% | +0.59% | #14 |
| 2012 | -8.20% | +0.79% | #12 |
| 2011 | -8.99% | +0.09% | #11 |
Detected Pattern
Analysis
Japan matched the Export Boom Cycle pattern in 2004. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Japan's budget deficit was -1.26% in 2025. Ranked 49th globally. This represents a 17.7% increase from the previous year.
Japan's budget deficit peaked at 1.96% in 1990.
The lowest budget deficit in Japan was -10.05% in 1998.
Japan ranks 49th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Japan's budget deficit is projected to reach -1.26% by 2025 based on IMF projection.
The budget deficit of Japan in 2025 was -1.26%. This ranks 49th in the world.
Cite this page
@misc{historysaid_japan_budget-deficit,
title = {Japan Budget Deficit},
url = {https://historysaid.com/japan/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}