Reports on Japan See all

Japan’s gross government debt-to-GDP ratio

Japan opts for another round of fiscal stimulus

Japan is looking for ways to reduce its public debt, currently worth more than 200 percent of its GDP. Prime Minister Shinzo Abe has managed to raise the consumption tax, but the government’s budget for this year still relies on social programs to alleviate demographic limitations and convince consumers to spend. Combined with increasing defense spending obligations, it is hard to see how the country can bring down its ballooning debt. 

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