Japan: Short-term government debt

* indicates monthly or quarterly data series
 Japan

Short-term government debt, percent of total

 Latest value 37.29
 Year 2024
 Measure percent
 Data availability 2011 - 2024
 Average 43.49
 Min - Max 36.84 - 57.30
 Source The World Bank
 Available for Data download
The latest value from 2024 is 37.29 percent, a decline from 42.45 percent in 2023. In comparison, the world average is 8.06 percent, based on data from 131 countries. Historically, the average for Japan from 2011 to 2024 is 43.49 percent. The minimum value, 36.84 percent, was reached in 2016 while the maximum of 57.3 percent was recorded in 2020. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Japan: Short-term government debt
 2024 37.29
 2023 42.45
 2022 47.96
 2021 45.95
 2020 57.30
 2019 37.86
 2018 36.99
 2017 37.39




Definition: General government debt with maturity of twelve months or less as percent of total government debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 20.14 2024 percent
 Government spending, in dollars 844.05 2024 billion U.S. dollars
 Fiscal balance, percent of GDP -1.53 2024 percent
 Primary budget balance -1.15 2024 percent
 Government expenditure 36,550.40 Q2/2026 billion
 Long-term interest rate 2.94 8/2026 percent
 Tax revenue 11.14 1993 percent
 Taxes on goods and services 14.45 1993 percent
 Taxes on international trade 1.21 1993 percent
 Income and profits taxes 35.02 1993 percent
 Government debt 236.11 2024 percent
 Government debt held by non-residents 10.77 2024 percent
 Sovereign debt average maturity 8.56 2024 percent
 Short-term government debt 37.29 2024 percent
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