Japan Total Debt: % of GDP

1998 - 2026 | Quarterly | % | CEIC Data

Key information about Japan Total Debt: % of GDP

  • Japan Total Debt accounted for 1,156.9 % of the country's GDP in 2026, compared with the ratio of 1,166.3 % in the previous quarter.
  • Japan Total Debt: % of GDP data is updated quarterly, available from Jun 1998 to Mar 2026.
  • The data reached an all-time high of 1,286.0 % in Mar 2021 and a record low of 877.7 % 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 Mar 2026 in the chart:

Japan Total Debt: % of GDP

What was Japan's Total Debt: % of GDP in Mar 2026?

Japan Total Debt accounted for 1,156.9 % of the country's GDP in 2026, compared with the ratio of 1,166.3 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,156.9 Mar 2026 1,166.3 Dec 2025 877.7 Jun 1998 1,286.0 Mar 2021 % quarterly Jun 1998 - Mar 2026

Total Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Australia (%) 267.4 Mar 2026 quarterly Jun 1988 - Mar 2026
Austria (%) 516.0 Dec 2025 quarterly Mar 1999 - Dec 2025
Belgium (%) 695.9 Dec 2025 quarterly Dec 1998 - Dec 2025
Bulgaria (%) 348.2 2024 yearly 1995 - 2024
Canada (%) 944.6 Dec 2025 quarterly Mar 1990 - Dec 2025
Croatia (%) 412.1 Dec 2025 quarterly Dec 1995 - Dec 2025
Cyprus (%) 1,096.1 2025 yearly 1995 - 2025
Czech Republic (%) 387.3 Dec 2025 quarterly Mar 2004 - Dec 2025
Denmark (%) 830.8 2024 yearly 1994 - 2024
Estonia (%) 383.9 Dec 2025 quarterly Dec 2003 - Dec 2025
European Union (%) 679.1 2025 yearly 2001 - 2025
Finland (%) 600.6 2025 yearly 1995 - 2025
France (%) 937.4 Dec 2025 quarterly Mar 1996 - Dec 2025
Germany (%) 585.6 Dec 2025 quarterly Mar 1999 - Dec 2025
Greece (%) 526.1 Dec 2025 quarterly Dec 1997 - Dec 2025
Hungary (%) 392.1 Mar 2026 quarterly Dec 1995 - Mar 2026
Iceland (%) 679.7 2024 yearly 2003 - 2024
Ireland (%) 865.8 Dec 2025 quarterly Mar 2002 - Dec 2025
Italy (%) 550.5 Dec 2025 quarterly Dec 1995 - Dec 2025
Japan (%) 1,156.9 Mar 2026 quarterly Jun 1998 - Mar 2026
South Korea (%) 705.8 Mar 2026 quarterly Dec 2008 - Mar 2026
Latvia (%) 339.8 Dec 2025 quarterly Mar 2004 - Dec 2025
Lithuania (%) 326.8 Sep 2025 quarterly Dec 1995 - Sep 2025
Luxembourg (%) 7,036.9 Mar 2026 quarterly Dec 1995 - Mar 2026
North Macedonia (%) 342.8 2025 yearly 2013 - 2025
Malta (%) 1,304.8 Dec 2025 quarterly Mar 2004 - Dec 2025
Mexico (%) 113.8 Mar 2026 quarterly Dec 2000 - Mar 2026
Netherlands (%) 958.3 Mar 2026 quarterly Mar 1999 - Mar 2026
New Zealand (%) 586.2 2023 yearly 2006 - 2023
Norway (%) 593.4 Mar 2026 quarterly Dec 1995 - Mar 2026
Poland (%) 298.0 Dec 2025 quarterly Mar 2004 - Dec 2025
Portugal (%) 446.8 Dec 2025 quarterly Dec 1995 - Dec 2025
Romania (%) 244.9 Mar 2026 quarterly Dec 1995 - Mar 2026
Slovakia (%) 372.2 Sep 2025 quarterly Dec 2012 - Sep 2025
Slovenia (%) 318.1 Mar 2026 quarterly Mar 2004 - Mar 2026
Spain (%) 551.7 Dec 2025 quarterly Dec 1995 - Dec 2025
Sweden (%) 753.4 Mar 2026 quarterly Mar 1996 - Mar 2026
Switzerland (%) 899.3 2025 yearly 1999 - 2025
Taiwan, China (%) 880.3 2024 yearly 2000 - 2024
Turkey (%) 245.6 Dec 2025 quarterly Dec 2014 - Dec 2025
Ukraine (%) 235.5 2021 yearly 2009 - 2021
United Kingdom (%) 823.8 Mar 2026 quarterly Mar 1987 - Mar 2026
United States (%) 721.7 Mar 2026 quarterly Dec 1951 - Mar 2026

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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) -285,631.424 2025 yearly 1995 - 2025
Tax Revenue (USD mn) 82,038.316 Jun 2026 monthly Apr 1983 - Jun 2026
Tax Revenue: % of GDP (%) 11.6 Mar 2026 quarterly Jun 1983 - Mar 2026
National Government Debt (USD mn) 9,012,579.6 Sep 2025 monthly Apr 1982 - Sep 2025
Government Debt: % of GDP (%) 200.8 Mar 2026 quarterly Jun 1982 - Mar 2026
Forecast: Government Expenditure (JPY bn) 308,115.128 2031 yearly 1980 - 2031
Forecast: Government Net Debt (JPY bn) 1,506,421.281 2031 yearly 1980 - 2031
Forecast: Government Revenue (JPY bn) 276,556.907 2031 yearly 1980 - 2031
Central Government Operations: Expenditure (JPY hm) 298,730.000 Mar 2026 quarterly Mar 2008 - Mar 2026
Central Government Operations: Revenue (JPY hm) 245,967.000 Mar 2026 quarterly Mar 2008 - Mar 2026
Central Government Operations: Balance (Deficit/Surplus) (JPY hm) -52,763.000 Mar 2026 quarterly Mar 2008 - Mar 2026
Central Government Debt (JPY bn) 1,359,031.000 May 2026 monthly Apr 1982 - May 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.274 2031 yearly 1980 - 2031
Trade Balance (USD mn) -571.6 May 2026 monthly Apr 1995 - May 2026
Total Exports (USD mn) 66,485.2 May 2026 monthly Apr 1995 - May 2026
Total Exports Growth (%) 18.1 May 2026 monthly Apr 1996 - May 2026
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) 67,056.8 May 2026 monthly Apr 1995 - May 2026
Total Imports Growth (%) 14.1 May 2026 monthly Apr 1996 - May 2026
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) 10,718.926 May 2026 monthly Jan 1960 - May 2026
Total Imports from USA (USD mn) 8,482.668 May 2026 monthly Feb 1960 - May 2026
Total Exports to China (USD mn) 10,747.900 May 2026 monthly Jan 1960 - May 2026
Total Imports from China (USD mn) 14,860.030 May 2026 monthly Feb 1960 - May 2026
Exports: MTE: Machinery (MY) (JPY bn) 1,613.068 May 2026 monthly Feb 1991 - May 2026
Exports: MTE: Electrical Machinery (EM) (JPY bn) 1,757.626 May 2026 monthly May 1994 - May 2026
Exports: Chemicals (CS) (JPY bn) 1,030.065 May 2026 monthly Dec 1984 - May 2026
Exports: Manufactured Goods (MG) (JPY bn) 1,078.328 May 2026 monthly Jan 1988 - May 2026
Exports: MTE: Transport Equipment (TE) (JPY bn) 1,888.238 May 2026 monthly Feb 1991 - May 2026
Trade Balance: sa (JPY bn) -90.401 May 2026 monthly Apr 1995 - May 2026
Imports: sa (JPY bn) 10,605.239 May 2026 monthly Apr 1995 - May 2026
Exports: sa (JPY bn) 10,514.838 May 2026 monthly Apr 1995 - May 2026
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) 20,772.6 May 2026 monthly Jan 1996 - May 2026
Current Account Balance (USD mn) 29,402.7 Sep 2025 monthly Jan 1996 - Sep 2025
Foreign Direct Investment (USD mn) 322.4 May 2026 monthly Jan 1996 - May 2026
Foreign Direct Investment: % of GDP (%) 2.0 Mar 2026 quarterly Mar 1980 - Mar 2026
Foreign Portfolio Investment (USD mn) 54,310.754 Mar 2026 quarterly Mar 1996 - Mar 2026
Foreign Portfolio Investment: % of GDP (%) 4.9 Mar 2026 quarterly Mar 1980 - Mar 2026
Foreign Portfolio Investment: Equity Securities (USD mn) -5,062.7 Mar 2026 quarterly Mar 1996 - Mar 2026
Foreign Portfolio Investment: Debt Securities (USD mn) 59,373.443 Mar 2026 quarterly Mar 1996 - Mar 2026
External Debt (USD mn) 4,786,710.0 Mar 2026 quarterly Mar 2003 - Mar 2026
External Debt: % of GDP (%) 109.8 2025 yearly 2003 - 2025
External Debt: Short Term (USD mn) 3,352,580.8 Mar 2026 quarterly Mar 2003 - Mar 2026
External Debt: Short Term: % of GDP (%) 78.2 2025 yearly 2003 - 2025
Total Debt: % of GDP (%) 1,156.9 Mar 2026 quarterly Jun 1998 - Mar 2026
Forecast: Current Account Balance (USD bn) 207.800 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) 3,520,968.094 Mar 2026 quarterly Jun 2010 - Mar 2026
BoP: FA: DI: Liabilities (Lia) (JPY bn) 50.994 May 2026 monthly Jan 1996 - May 2026
BoP: FA: DI: Assets (Ass) (JPY bn) 3,285.245 May 2026 monthly Jan 1996 - May 2026
BoP: CA: G&S: Services (SS): Total: Credit (CR) (JPY bn) 3,554.948 May 2026 monthly Jan 1996 - May 2026
BoP: CA: G&S: Services (SS): Total: Debit (DR) (JPY bn) 3,565.201 May 2026 monthly Jan 1996 - May 2026
BoP: sa: CA: G&S: Goods: Net (JPY bn) 204.491 May 2026 monthly Jan 1996 - May 2026
BoP: sa: Current Account (CA): Net (JPY bn) 3,064.470 May 2026 monthly Jan 1996 - May 2026
BoP: sa: CA: G&S: Goods: Imports (JPY bn) 10,169.591 May 2026 monthly Jan 1996 - May 2026
BoP: sa: CA: Primary Income: Net (JPY bn) 3,441.166 May 2026 monthly Jan 1996 - May 2026
BoP: sa: CA: G&S: Services (SS): Net (JPY bn) -248.252 May 2026 monthly Jan 1996 - May 2026
BoP: sa: CA: G&S: Goods: Exports (JPY bn) 10,374.082 May 2026 monthly Jan 1996 - May 2026
BoP: sa: CA: Secondary Income: Net (JPY bn) -332.935 May 2026 monthly Jan 1996 - May 2026
BoP: CA: G&S: Goods: Exports (JPY bn) 9,360.212 May 2026 monthly Jan 1996 - May 2026
BoP: CA: G&S: Services (JPY bn) -10.254 May 2026 monthly Jan 1996 - May 2026
BoP: Financial Account (FA) (JPY bn) 5,086.532 May 2026 monthly Jan 1996 - May 2026
BoP: FA: Reserve Assets (JPY bn) -11,435.361 May 2026 monthly Jan 1996 - May 2026
BoP: Current Account (CA) (JPY bn) 3,968.254 May 2026 monthly Jan 1996 - May 2026
BoP: CA: G&S: Goods (JPY bn) 6.875 May 2026 monthly Jan 1996 - May 2026
BoP: CA: G&S: Goods: Imports (JPY bn) 9,353.337 May 2026 monthly Jan 1996 - May 2026
BoP: FA: Direct Investment (JPY bn) 3,234.250 May 2026 monthly Jan 1996 - May 2026
BoP: CA: Primary Income (JPY bn) 4,275.621 May 2026 monthly Jan 1996 - May 2026
BoP: Capital Account (JPY bn) -15.536 May 2026 monthly Jan 1996 - May 2026
BoP: FA: Portfolio Investment (JPY bn) -2,034.911 May 2026 monthly Jan 1996 - May 2026
BoP: CA: Secondary Income (JPY bn) -303.988 May 2026 monthly Jan 1996 - May 2026
BoP: Net Errors and Omissions (JPY bn) 1,133.813 May 2026 monthly Jan 1996 - May 2026
EDP: DTC: Long Term (LT) (JPY bn) 37,158.603 Mar 2026 quarterly Mar 2014 - Mar 2026
Gross External Debt Position (EDP) (JPY bn) 761,469.819 Mar 2026 quarterly Mar 2014 - Mar 2026
EDP: DTC: Short Term (ST) (JPY bn) 240,100.200 Mar 2026 quarterly Mar 2014 - Mar 2026
EDP: GG: Short Term (ST) (JPY bn) 78,183.745 Mar 2026 quarterly Mar 2014 - Mar 2026
EDP: GG: Long Term (LT) (JPY bn) 118,746.540 Mar 2026 quarterly Mar 2014 - Mar 2026
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
Enterprise Bankruptcy Case: Total (Unit) 771.000 May 2026 monthly Mar 2001 - May 2026
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.0 Sep 2025 semiannually Mar 1999 - Sep 2025
Household Debt: % of GDP (%) 61.2 Dec 2025 quarterly Dec 1997 - Dec 2025
Non-Performing Loans (USD mn) 56,124.083 2024 yearly 1998 - 2024
Money Supply M1 (USD mn) 7,078,014.171 Apr 2026 monthly Jan 1957 - Apr 2026
Money Supply M2 (USD mn) 10,426,992.851 Apr 2026 monthly Jan 1957 - Apr 2026
M2 Growth (%) 2.5 May 2026 monthly Jan 1968 - May 2026
Reserve Requirement Ratio (%) 0.8 Apr 2026 monthly Oct 1980 - Apr 2026
Foreign Exchange Reserves (USD mn) 1,106,270.0 Jun 2026 monthly Apr 2000 - Jun 2026
Foreign Exchange Reserves: % of GDP (%) 0.840 Apr 2026 monthly Oct 1980 - Apr 2026
Foreign Exchange Reserves: Months of Import (NA) 17.7 May 2026 monthly Apr 2000 - May 2026
Gold Reserves (USD mn) 109,505.000 Jun 2026 monthly Dec 1956 - Jun 2026
Total Deposits (USD mn) 8,640,562.080 May 2026 monthly Apr 1998 - May 2026
Total Deposits Growth (%) 2.3 Apr 2026 monthly Apr 1999 - Apr 2026
Domestic Credit (USD mn) 11,642,872.5 Apr 2026 monthly Apr 2003 - Apr 2026
Domestic Credit Growth (%) -0.0 Mar 2026 monthly Apr 2004 - Mar 2026
Debt Service Ratio: Households (%) 7.500 Dec 2025 quarterly Mar 1999 - Dec 2025
Debt Service Ratio: Private Non-Financial Sector (%) 15.500 Dec 2025 quarterly Mar 1999 - Dec 2025
Credit to Households (USD bn) 2,589.591 Dec 2025 quarterly Dec 1964 - Dec 2025
Credit to Private Non-Financial Sector (USD bn) 7,413.771 Dec 2025 quarterly Dec 1964 - Dec 2025
Household Debt (USD mn) 2,589,210.5 Dec 2025 quarterly Dec 1997 - Dec 2025
Total Loans (USD mn) 5,166,588.153 Apr 2026 monthly Oct 2000 - Apr 2026
Total Loans Growth (%) 6.49 May 2026 monthly Oct 2001 - May 2026
Private Debt: % of Nominal GDP (%) 115.91 Dec 2025 quarterly Dec 2001 - Dec 2025
Money Stock: Money Supply: M3 (JPY bn) 1,653,423.800 Apr 2026 monthly Apr 2003 - Apr 2026
Money Stock: Avg: Money Supply: M2 (JPY bn) 1,298,093.200 May 2026 monthly Apr 2003 - May 2026
Money Stock: Money Supply: M1 (JPY bn) 1,116,274.300 Apr 2026 monthly Apr 2003 - Apr 2026
Money Stock: sa: Money Suppy M1 (JPY bn) 1,108,841.700 Apr 2026 monthly Apr 2003 - Apr 2026
Money Stock: Avg: sa: M2 (JPY bn) 1,292,450.700 May 2026 monthly Apr 2003 - May 2026
Money Stock: sa: Money Supply M3 (JPY bn) 1,646,961.300 Apr 2026 monthly Apr 2003 - Apr 2026
JP: Loans & Discounts: Outstanding: DLB: Local Governments (JPY bn) 29,197.20 Mar 2018 monthly Oct 2000 - Mar 2018
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: Overseas Yen Loans, Domestic Transfer (JPY bn) 12,191.20 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: 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) 126.453 Jun 2026 monthly Jan 1987 - Jun 2026
Business Confidence Growth (% Point) 3.0 Sep 2026 quarterly Mar 2005 - Sep 2026
Economy Watchers: Diffusion Index: Current Economics Conditions: sa (NA) 43.600 May 2026 monthly Aug 2001 - May 2026
Business Condition Judgement: All Industries (%) -21.200 Jun 2026 quarterly Jun 1994 - Jun 2026
Tankan: AE: DI: Forecast: BC: Mfg: Electrical Machinery (%) 15.000 Jun 2026 quarterly Mar 2004 - Jun 2026
Tankan: AE: DI: Forecast: BC: Manufacturing (%) 7.000 Sep 2026 quarterly Mar 2004 - Sep 2026
Tankan: All Enterprises(AE): DI:Forecast: Bus. Condition(BC):All Ind (%) 11.000 Sep 2026 quarterly Mar 2004 - Sep 2026
Tankan: AE: DI: Forecast: BC: Non Manufacturing (NM) (%) 14.000 Sep 2026 quarterly Mar 2004 - Sep 2026
Tankan: AE: DI: Actual: BC: Mfg: Electrical Machinery (%) 20.000 Jun 2026 quarterly Dec 2003 - Jun 2026

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