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Japan — Combined government deficit (% of GDP)

% of GDP · Annual · 1875–2031 · 156 observations

About this series

The combined government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. WED's combined-government scope requires source metadata. This series expresses that measure as a percentage of GDP for the matching period.

For Japan, the combined government deficit reading stood at −1% of GDP in 2025. Against −1.68% of GDP in 2024, the period change was +0.68 percentage points. It was above the selected 10-year average of −3.67% of GDP.

-40-200201875200020102031% of GDPSubscribe to view

Get the full series

  • Annual data, 1875–2031
  • Quarterly data, 1960–2027
  • The underlying source, downloadable

Latest observations

2000–2031

PeriodValue
2031-4.04 % of GDP
2030-3.7 % of GDP
2029-3.29 % of GDP
2028-2.95 % of GDP
2027-1.13 % of GDP
15 earlier values
2026-1.92 % of GDP
2025-1 % of GDP
2024-1.68 % of GDP
2023-2.33 % of GDP
2022-4.18 % of GDP
2021-6.32 % of GDP
2020-9.04 % of GDP
2019-3.05 % of GDP
2018-2.44 % of GDP
2017-3.05 % of GDP
2016-3.58 % of GDP
2015-3.64 % of GDP
2014-5.58 % of GDP
2013-7.62 % of GDP
2012-8.22 % of GDP

Values before 2012, back to 2000, are on the chart — hover to read them.

Data release 2026_10_06_0823, published 6 Oct 2026.