China vs Japan: Annual government deficit/surplus, revenue, expenditure and main

China
13.10 million Domestic currency (incl. conversion to current currency made using a fixed parit
in 2023
Japan
53.41 million Domestic currency (incl. conversion to current currency made using a fixed parit
in 2024
China rank
2nd
Japan rank
3rd

Annual government deficit/surplus, revenue, expenditure and main over time

  • China
  • Japan
020.0M40.0M60.0M199220082024

How they compare

Japan currently reports 53.41 million Domestic currency (incl. conversion to current currency made using a fixed parit against 13.10 million Domestic currency (incl. conversion to current currency made using a fixed parit in China, a difference of 40.32 million Domestic currency (incl. conversion to current currency made using a fixed parit.

That makes Japan's figure about 4.1 times China's.

Across all 19 years both countries report, Japan has been ahead every year.

China ranks 2nd and Japan ranks 3rd of 8 countries.

Japan has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade China Japan Difference Ahead
2000s 2.50 million Domestic currency (incl. conversion to current currency made using a fixed parit 47.79 million Domestic currency (incl. conversion to current currency made using a fixed parit 45.29 million Domestic currency (incl. conversion to current currency made using a fixed parit Japan
2010s 6.83 million Domestic currency (incl. conversion to current currency made using a fixed parit 46.75 million Domestic currency (incl. conversion to current currency made using a fixed parit 39.92 million Domestic currency (incl. conversion to current currency made using a fixed parit Japan
2020s 12.07 million Domestic currency (incl. conversion to current currency made using a fixed parit 49.96 million Domestic currency (incl. conversion to current currency made using a fixed parit 37.89 million Domestic currency (incl. conversion to current currency made using a fixed parit Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government deficit/surplus, revenue, expenditure and main, China or Japan?
Japan, at 53.41 million Domestic currency (incl. conversion to current currency made using a fixed parit against 13.10 million Domestic currency (incl. conversion to current currency made using a fixed parit in China as of 2024.
What is the difference in annual government deficit/surplus, revenue, expenditure and main between China and Japan?
40.32 million Domestic currency (incl. conversion to current currency made using a fixed parit, with Japan ahead.
How many years of comparable data are there for China and Japan?
19 years are reported by both, from 2005 to 2023.
How do China and Japan rank globally for annual government deficit/surplus, revenue, expenditure and main?
China ranks 2nd and Japan ranks 3rd of 8 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government deficit/surplus, revenue, expenditure and main aggregates IDC. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China vs Japan: Annual government deficit/surplus, revenue, expenditure and main. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 11 September 2026, from https://public-sector.statizoid.com/compare/annual-government-deficit-surplus-revenue-expenditure-and-main-aggregates-idc/china-2/japan/

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About this data

Indicator
Annual government deficit/surplus, revenue, expenditure and main aggregates IDC
Unit
Domestic currency (incl. conversion to current currency made using a fixed parit
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,190 data points, 1970–2025
Last refreshed