Japan Total Debt: % of GDP

1998 - 2025 | Quarterly | % | CEIC Data

Key information about Japan Total Debt: % of GDP

  • Japan Total Debt accounted for 1,227.8 % of the country's GDP in 2025, compared with the ratio of 1,255.0 % in the previous quarter.
  • Japan Total Debt: % of GDP data is updated quarterly, available from Jun 1998 to Jun 2025.
  • The data reached an all-time high of 1,340.4 % in Jun 2022 and a record low of 892.0 % in Jun 1998.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives for Financial Corporations, Non Financial Corporations, General Government, Households and NPISH sectors. The Bank of Japan provides Total Debt in local currency. Economic and Social Research Institute provides Nominal GDP in local currency.

View Japan's Total Debt: % of GDP from Jun 1998 to Jun 2025 in the chart:

Japan Total Debt: % of GDP

What was Japan's Total Debt: % of GDP in Jun 2025?

Japan Total Debt accounted for 1,227.8 % of the country's GDP in 2025, compared with the ratio of 1,255.0 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,227.8 Jun 2025 1,255.0 Mar 2025 892.0 Jun 1998 1,340.4 Jun 2022 % quarterly Jun 1998 - Jun 2025

Total Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Australia (%) 269.4 Jun 2025 quarterly Jun 1988 - Jun 2025
Austria (%) 527.5 Jun 2025 quarterly Mar 1999 - Jun 2025
Belgium (%) 698.3 Jun 2025 quarterly Dec 1998 - Jun 2025
Bulgaria (%) 348.2 2024 yearly 1995 - 2024
Canada (%) 927.4 Jun 2025 quarterly Mar 1990 - Jun 2025
Croatia (%) 413.0 Jun 2025 quarterly Dec 1995 - Jun 2025
Cyprus (%) 1,145.5 2024 yearly 1995 - 2024
Czech Republic (%) 387.0 Mar 2025 quarterly Mar 2008 - Mar 2025
Denmark (%) 838.8 2023 yearly 1994 - 2023
Estonia (%) 379.9 Jun 2025 quarterly Dec 2003 - Jun 2025
European Union (%) 689.7 2024 yearly 2001 - 2024
Finland (%) 608.4 2024 yearly 1995 - 2024
France (%) 948.1 Jun 2025 quarterly Mar 1996 - Jun 2025
Germany (%) 595.9 Jun 2025 quarterly Mar 1999 - Jun 2025
Greece (%) 524.2 Jun 2025 quarterly Dec 1997 - Jun 2025
Hungary (%) 395.4 Jun 2025 quarterly Dec 1995 - Jun 2025
Iceland (%) 678.3 2024 yearly 2003 - 2024
Ireland (%) 830.6 Jun 2025 quarterly Mar 2002 - Jun 2025
Italy (%) 555.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Japan (%) 1,227.8 Jun 2025 quarterly Jun 1998 - Jun 2025
South Korea (%) 716.6 Jun 2025 quarterly Dec 2008 - Jun 2025
Latvia (%) 344.0 Jun 2025 quarterly Mar 2004 - Jun 2025
Lithuania (%) 319.8 Jun 2025 quarterly Dec 1995 - Jun 2025
Luxembourg (%) 6,979.5 Jun 2025 quarterly Dec 1995 - Jun 2025
North Macedonia (%) 335.0 2023 yearly 2013 - 2023
Malta (%) 1,328.0 Jun 2025 quarterly Mar 2004 - Jun 2025
Mexico (%) 112.4 Jun 2025 quarterly Dec 2000 - Jun 2025
Netherlands (%) 949.7 Jun 2025 quarterly Mar 1999 - Jun 2025
New Zealand (%) 586.2 2023 yearly 2006 - 2023
Norway (%) 580.8 Jun 2025 quarterly Dec 1995 - Jun 2025
Poland (%) 299.3 Jun 2025 quarterly Mar 2004 - Jun 2025
Portugal (%) 458.9 Jun 2025 quarterly Dec 1995 - Jun 2025
Romania (%) 243.3 Jun 2025 quarterly Dec 1995 - Jun 2025
Slovakia (%) 377.8 Jun 2025 quarterly Dec 2012 - Jun 2025
Slovenia (%) 329.2 Jun 2025 quarterly Mar 2004 - Jun 2025
Spain (%) 561.2 Jun 2025 quarterly Dec 1995 - Jun 2025
Sweden (%) 750.5 Jun 2025 quarterly Mar 1996 - Jun 2025
Switzerland (%) 897.5 2024 yearly 1999 - 2024
Taiwan (%) 889.0 2023 yearly 2000 - 2023
Turkey (%) 243.6 Jun 2025 quarterly Dec 2014 - Jun 2025
Ukraine (%) 235.5 2021 yearly 2009 - 2021
United Kingdom (%) 827.7 Jun 2025 quarterly Mar 1987 - Jun 2025
United States (%) 718.9 Jun 2025 quarterly Dec 1951 - Jun 2025

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Japan Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.6 2026 yearly 1996 - 2026
Consolidated Fiscal Balance (USD mn) -286,722.348 2024 yearly 1995 - 2024
Tax Revenue (USD mn) 35,511.993 Oct 2025 monthly Apr 1983 - Oct 2025
Tax Revenue: % of GDP (%) 11.9 Sep 2025 quarterly Jun 1983 - Sep 2025
National Government Debt (USD mn) 9,012,579.6 Sep 2025 monthly Apr 1982 - Sep 2025
Government Debt: % of GDP (%) 212.1 Sep 2025 quarterly Dec 1994 - Sep 2025
Forecast: Government Expenditure (JPY bn) 296,833.681 2030 yearly 1980 - 2030
Forecast: Government Net Debt (JPY bn) 1,593,466.283 2030 yearly 1980 - 2030
Forecast: Government Revenue (JPY bn) 265,307.900 2030 yearly 1980 - 2030
GG: Revenue: Social Contributions (JPY bn) 79,597.500 2024 yearly 1995 - 2024
GG: Expenses (JPY bn) 234,423.800 2024 yearly 1995 - 2024
GG: Net Operating Balance (JPY bn) 11,967.100 2024 yearly 1995 - 2024
GG: Net Acquisition of Nonfinancial Assets (JPY bn) 1,880.100 2024 yearly 1995 - 2024
General Government (GG): Revenue (JPY bn) 225,286.100 2024 yearly 1995 - 2024
GG: Revenue: Grants (JPY bn) 3.100 2024 yearly 1995 - 2024
GG: REV: TS: Taxes on Income, Profits, & Capital Gains(TIPC) (JPY bn) 65,677.500 2024 yearly 1995 - 2024
GG: REV: TS: Taxes on Goods & Services (TGS) (JPY bn) 42,381.800 2024 yearly 1995 - 2024
Central Government Operations: Expenditure (JPY hm) 219,919.000 Sep 2024 quarterly Mar 2008 - Sep 2024
Central Government Operations: Revenue (JPY hm) 110,381.000 Sep 2024 quarterly Mar 2008 - Sep 2024
Central Government Operations: Balance (Deficit/Surplus) (JPY hm) -109,538.000 Sep 2024 quarterly Mar 2008 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.438 2030 yearly 1980 - 2030
Trade Balance (USD mn) -27.9 Oct 2025 monthly Apr 1995 - Oct 2025
Total Exports (USD mn) 60,522.0 Oct 2025 monthly Apr 1995 - Oct 2025
Total Exports Growth (%) 2.8 Oct 2025 monthly Apr 1996 - Oct 2025
Aluminum: Exports (USD th) 1,318,489.720 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 4,836,711.939 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 3,090,129.972 2024 yearly 1995 - 2024
Total Imports (USD mn) 60,549.9 Oct 2025 monthly Apr 1995 - Oct 2025
Total Imports Growth (%) -1.1 Oct 2025 monthly Apr 1996 - Oct 2025
Imports: Medicament (USD th) 16,119,707.679 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 14,839,728.966 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 11,588.883 Oct 2025 monthly Jan 1960 - Oct 2025
Total Imports from USA (USD mn) 8,091.070 Oct 2025 monthly Feb 1960 - Oct 2025
Total Exports to China (USD mn) 11,298.497 Oct 2025 monthly Jan 1960 - Oct 2025
Total Imports from China (USD mn) 16,362.932 Oct 2025 monthly Feb 1960 - Oct 2025
Exports: Manufactured Goods (MG) (JPY bn) 994.337 Oct 2025 monthly Jan 1988 - Oct 2025
Exports: Chemicals (CS) (JPY bn) 1,001.597 Oct 2025 monthly Dec 1984 - Oct 2025
Exports: MTE: Electrical Machinery (EM) (JPY bn) 1,673.145 Oct 2025 monthly May 1994 - Oct 2025
Exports: MTE: Machinery (MY) (JPY bn) 1,689.963 Oct 2025 monthly Feb 1991 - Oct 2025
Exports: MTE: Transport Equipment (TE) (JPY bn) 2,193.352 Oct 2025 monthly Feb 1991 - Oct 2025
Trade Balance: sa (JPY bn) -856.637 Jan 2025 monthly Apr 1995 - Jan 2025
Exports: sa (JPY bn) 9,252.622 Jan 2025 monthly Apr 1995 - Jan 2025
Imports: sa (JPY bn) 10,109.259 Jan 2025 monthly Apr 1995 - Jan 2025
Exports Unit Value Index: Fisher Formula (FF): Total (2015=100) 100.40 Jul 2018 monthly Jan 2003 - Jul 2018
Imports Unit Value Index: FF: Fisher Formula (FF): Total (2015=100) 101.17 Jul 2018 monthly Jan 2003 - Jul 2018
Exports Quantum Index (2015=100) 106.65 Jul 2018 monthly Jan 2003 - Jul 2018
Imports Quantum Index: USA (2015=100) 106.43 Jul 2018 monthly Jan 2003 - Jul 2018
Imports Quantum Index: China (2015=100) 104.22 Jul 2018 monthly Jan 2003 - Jul 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 15,185.9 Sep 2025 monthly Jan 1996 - Sep 2025
Current Account Balance (USD mn) 29,402.7 Sep 2025 monthly Jan 1996 - Sep 2025
Foreign Direct Investment (USD mn) 1,414.2 Sep 2025 monthly Jan 1996 - Sep 2025
Foreign Direct Investment: % of GDP (%) 0.4 Sep 2025 quarterly Mar 1980 - Sep 2025
Foreign Portfolio Investment (USD mn) 15,221.453 Sep 2025 quarterly Mar 1996 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 1.4 Sep 2025 quarterly Mar 1980 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -5,004.7 Sep 2025 quarterly Mar 1996 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 20,226.202 Sep 2025 quarterly Mar 1996 - Sep 2025
External Debt (USD mn) 4,695,896.2 Jun 2025 quarterly Mar 2003 - Jun 2025
External Debt: % of GDP (%) 112.7 2024 yearly 2003 - 2024
External Debt: Short Term (USD mn) 3,385,343.8 Jun 2025 quarterly Mar 2003 - Jun 2025
External Debt: Short Term: % of GDP (%) 82.4 2024 yearly 2003 - 2024
Total Debt: % of GDP (%) 1,227.8 Jun 2025 quarterly Jun 1998 - Jun 2025
Forecast: Current Account Balance (USD bn) 151.445 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 3,631,855.432 Jun 2025 quarterly Jun 2010 - Jun 2025
BoP: FA: Reserve Assets (JPY bn) 321.438 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: CA: G&S: Goods: Exports (JPY bn) 7,502.208 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: CA: G&S: Goods (JPY bn) -2,937.879 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: Current Account (CA) (JPY bn) -257.623 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: Capital Account (JPY bn) -21.851 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: CA: Secondary Income (JPY bn) -444.652 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: CA: Primary Income (JPY bn) 3,601.535 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: FA: Portfolio Investment (JPY bn) -3,678.581 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: CA: G&S: Goods: Imports (JPY bn) 10,440.087 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: Financial Account (FA) (JPY bn) 102.921 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: CA: G&S: Services (JPY bn) -476.627 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: FA: Direct Investment (JPY bn) 1,332.021 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: Net Errors and Omissions (JPY bn) 382.396 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: CA: G&S: Services (SS): Total: Debit (DR) (JPY bn) 3,320.628 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: CA: G&S: Services (SS): Total: Credit (CR) (JPY bn) 2,844.001 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: FA: DI: Liabilities (Lia) (JPY bn) -26.151 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: FA: DI: Assets (Ass) (JPY bn) 1,305.871 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: sa: Current Account (CA): Net (JPY bn) 1,937.485 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: sa: CA: G&S: Goods: Exports (JPY bn) 8,398.203 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: sa: CA: Primary Income: Net (JPY bn) 3,991.759 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: sa: CA: G&S: Goods: Imports (JPY bn) 9,869.438 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: sa: CA: Secondary Income: Debit (JPY bn) 365.341 Mar 2019 monthly Jan 1996 - Mar 2019
BoP: sa: CA: Secondary Income: Credit (JPY bn) 284.009 Mar 2019 monthly Jan 1996 - Mar 2019
BoP: sa: CA: Secondary Income: Net (JPY bn) -465.439 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: sa: CA: G&S: Goods: Net (JPY bn) -1,471.235 Jan 2025 monthly Jan 1996 - Jan 2025
BoP: sa: CA: G&S: Services (SS): Net (JPY bn) -117.599 Jan 2025 monthly Jan 1996 - Jan 2025
EDP: DTC: Long Term (LT) (JPY bn) 27,815.653 Dec 2024 quarterly Mar 2014 - Dec 2024
EDP: GG: Short Term (ST) (JPY bn) 76,913.651 Dec 2024 quarterly Mar 2014 - Dec 2024
Gross External Debt Position (EDP) (JPY bn) 678,638.469 Dec 2024 quarterly Mar 2014 - Dec 2024
EDP: GG: Long Term (LT) (JPY bn) 100,128.927 Dec 2024 quarterly Mar 2014 - Dec 2024
EDP: DTC: Short Term (ST) (JPY bn) 222,010.118 Dec 2024 quarterly Mar 2014 - Dec 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.2 Sep 2024 semiannually Mar 1999 - Sep 2024
Household Debt: % of GDP (%) 63.9 Jun 2025 quarterly Dec 1997 - Jun 2025
Non-Performing Loans (USD mn) 63,344.796 2023 yearly 1998 - 2023
Money Supply M1 (USD mn) 7,463,299.317 Sep 2025 monthly Jan 1957 - Sep 2025
Money Supply M2 (USD mn) 10,812,755.288 Sep 2025 monthly Jan 1957 - Sep 2025
M2 Growth (%) 1.6 Oct 2025 monthly Jan 1968 - Oct 2025
Reserve Requirement Ratio (%) 0.8 Sep 2025 monthly Oct 1980 - Sep 2025
Foreign Exchange Reserves (USD mn) 1,166,724.0 Oct 2025 monthly Apr 2000 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 0.840 Sep 2025 monthly Oct 1980 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 17.7 Oct 2025 monthly Apr 2000 - Oct 2025
Gold Reserves (USD mn) 109,109.000 Oct 2025 monthly Dec 1956 - Oct 2025
Total Deposits (USD mn) 9,078,049.605 Sep 2025 monthly Apr 1998 - Sep 2025
Total Deposits Growth (%) 0.7 Sep 2025 monthly Apr 1999 - Sep 2025
Domestic Credit (USD mn) 12,335,922.8 Sep 2025 monthly Apr 2003 - Sep 2025
Domestic Credit Growth (%) -0.2 Sep 2025 monthly Apr 2004 - Sep 2025
Debt Service Ratio: Households (%) 7.700 Mar 2025 quarterly Mar 1999 - Mar 2025
Debt Service Ratio: Private Non-Financial Sector (%) 16.000 Mar 2025 quarterly Mar 1999 - Mar 2025
Credit to Households (USD bn) 2,656.448 Mar 2025 quarterly Dec 1964 - Mar 2025
Credit to Private Non-Financial Sector (USD bn) 7,421.354 Mar 2025 quarterly Dec 1964 - Mar 2025
Household Debt (USD mn) 2,762,009.4 Jun 2025 quarterly Dec 1997 - Jun 2025
Total Loans (USD mn) 5,279,433.669 Sep 2025 monthly Oct 2000 - Sep 2025
Total Loans Growth (%) 5.35 Sep 2025 monthly Oct 2001 - Sep 2025
Private Debt: % of Nominal GDP (%) 119.17 Jun 2025 quarterly Dec 2001 - Jun 2025
Money Stock: Avg: Money Supply: M2 (JPY bn) 1,253,104.400 Feb 2025 monthly Apr 2003 - Feb 2025
Money Stock: Money Supply: M3 (JPY bn) 1,612,511.900 Jan 2025 monthly Apr 2003 - Jan 2025
Money Stock: Money Supply: M1 (JPY bn) 1,100,505.700 Jan 2025 monthly Apr 2003 - Jan 2025
Money Stock: sa: Money Suppy M1 (JPY bn) 1,109,846.200 Jan 2025 monthly Apr 2003 - Jan 2025
Money Stock: sa: Money Supply M3 (JPY bn) 1,620,687.600 Jan 2025 monthly Apr 2003 - Jan 2025
Money Stock: Avg: sa: M2 (JPY bn) 1,262,271.000 Feb 2025 monthly Apr 2003 - Feb 2025
JP: Loans & Discounts: Outstanding: DLB: Corporations: Incl Finance & Insurance (JPY bn) 312,385.90 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Loans & Discounts: Outstanding: DLB: Individuals (JPY bn) 140,008.40 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Loans & Discounts: Outstanding: DLB: Overseas Yen Loans, Domestic Transfer (JPY bn) 12,191.20 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Loans & Discounts: Outstanding: DLB: Local Governments (JPY bn) 29,197.20 Mar 2018 monthly Oct 2000 - Mar 2018
JP: Outstanding of NPLs: Total (JPY bn) 1,800.000 Sep 2018 semiannually Mar 2002 - Sep 2018
Business and Economic Survey Last Frequency Range
Monetary Policy Uncertainty Index (Index) 201.846 Oct 2025 monthly Jan 1987 - Oct 2025
Business Confidence Growth (% Point) -1.0 Dec 2025 quarterly Mar 2005 - Dec 2025
Tankan: AE: DI: Actual: BC: Mfg: Electrical Machinery (%) 6.000 Sep 2024 quarterly Mar 2015 - Sep 2024
Tankan: AE: DI: Forecast: BC: Non Manufacturing (NM) (%) 14.000 Mar 2025 quarterly Mar 2015 - Mar 2025
Tankan: AE: DI: Forecast: BC: Mfg: Electrical Machinery (%) 6.000 Dec 2024 quarterly Mar 2015 - Dec 2024
Tankan: AE: DI: Forecast: BC: Manufacturing (%) 5.000 Mar 2025 quarterly Mar 2015 - Mar 2025
Tankan: All Enterprises(AE): DI:Forecast: Bus. Condition(BC):All Ind (%) 10.000 Mar 2025 quarterly Mar 2015 - Mar 2025
Economy Watchers: Diffusion Index: Current Economics Conditions: sa (NA) 45.600 Feb 2025 monthly Aug 2001 - Feb 2025
Business Condition Judgement: All Industries (%) -21.200 Dec 2024 quarterly Jun 1994 - Dec 2024

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