Japan Government Debt To Gdp 2020, Visualizing 69 Trillion Of World Debt In One Infographic
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The data reached an all time high of 125845 usd bn in sep 2012 and a record low of 4308 usd bn in oct 1982.
Federal government meaning. Japan debt to gdp ratio for 2016 was 19658 a 07 decline from 2015. Historical data on the value and ratio of japan public debt to its gross domestic product. Japans national government debt reached 113030 usd bn in aug 2020 compared with 110902 usd bn in the previous month.
The data reached an all time high of 2144 in jun 2020 and a record low of 569 in dec 1994. Japans national government debt data is updated monthly available from apr 1982 to aug 2020. The latest comprehensive information for japan government debt to gdp including latest news historical data table charts and more.
Because debt is a stock rather than a flow it is measured as of a given date usually the last day of the fiscal year. In the long term the japan general government gross debt to gdp is projected to trend around 25500 percent in 2021 and 26000 percent in 2022 according to our econometric models. Japan with its population of 127185332 has the highest national debt in the world at 23418 of its gdp followed by greece at 18178.
Government debt to gdp in japan is expected to reach 25000 percent by the end of 2020 according to trading economics global macro models and analysts expectations. Ceic converts monthly government debt into usd. Japans government debt to gdp ratio data is updated quarterly available from dec 1994 to jun 2020.
This page provides japan government budget actual values historical data forecast chart. As of june 2019 the nation with the highest debt to gdp ratio is japan with a ratio of 253. Japans national debt currently sits at 1028 trillion 9087 trillion usd.
Lebanon has the next highest debt to gdp ratio at 152 followed by italy at 1234. 1964 2020government debt to gdp. Japan government debt to gdp was 237 in 2020.
After the stock market crashed in japan the government bailed out banks and insurance companies and provided them with low. Japans government debt accounted for 2144 of the countrys nominal gdp in jun 2020 compared with the ratio of 2017 in the previous quarter. The next highest ratio is from greece which at 1811 lags significantly behind japan.
Other nations with high debt to gdp ratios include. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Government budget in japan averaged 289 percent of gdp from 1960 until 2018 reaching an all time high of 258 percent of gdp in 1961 and a record low of 830 percent of gdp in 2011.
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