Interest, payable, Ratio of this level of government's expenditure on in Japan
Japan: Interest, payable, Ratio of this level of government's expenditure on was 0.8593 in 2020. ▲ Rising
Interest, payable, Ratio of this level of government's expenditure on in Japan, 1994–2020
Source: International Monetary Fund.
Analysis
Japan recorded 0.8593 for interest, payable, ratio of this level of government's expenditure on in 2020. That is the highest value across all 27 years on record.
The figure is up 1.6% on the previous year and up 17.1% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Japan peaked at 0.8593 in 2020 and was at its lowest, 0.6232, in 2002.
Japan ranks 66th of 80 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Interest, payable, Ratio of this level of government's expenditure on in Japan, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 0.696 | — |
| 1995 | 0.6646 | -4.5% |
| 1996 | 0.6524 | -1.8% |
| 1997 | 0.6445 | -1.2% |
| 1998 | 0.6501 | +0.9% |
| 1999 | 0.6529 | +0.4% |
| 2000 | 0.6527 | -0.0% |
| 2001 | 0.6296 | -3.5% |
| 2002 | 0.6232 | -1.0% |
| 2003 | 0.6285 | +0.8% |
| 2004 | 0.6415 | +2.1% |
| 2005 | 0.6473 | +0.9% |
| 2006 | 0.6803 | +5.1% |
| 2007 | 0.7066 | +3.9% |
| 2008 | 0.7223 | +2.2% |
| 2009 | 0.7235 | +0.2% |
| 2010 | 0.7336 | +1.4% |
| 2011 | 0.7423 | +1.2% |
| 2012 | 0.7495 | +1.0% |
| 2013 | 0.7619 | +1.7% |
| 2014 | 0.7763 | +1.9% |
| 2015 | 0.7911 | +1.9% |
| 2016 | 0.8059 | +1.9% |
| 2017 | 0.815 | +1.1% |
| 2018 | 0.8322 | +2.1% |
| 2019 | 0.8459 | +1.6% |
| 2020 | 0.8593 | +1.6% |
Japan compared with similar countries
- Japan's 0.8593 is below the median for high income countries, which is 0.9354, 92% of the median. (42 countries reporting)
- Japan's 0.8593 is below the median for East Asia & Pacific, which is 0.9833, 87% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6601 | 0.6445 | 0.696 | 6 |
| 2000s | 0.6656 | 0.6232 | 0.7235 | 10 |
| 2010s | 0.7854 | 0.7336 | 0.8459 | 10 |
| 2020s | 0.8593 | 0.8593 | 0.8593 | 1 |
Countries ranked near Japan
- 63 Spain 0.8907 compare
- 64 Russian Federation 0.8905 compare
- 65 Finland 0.8851 compare
- 67 Luxembourg 0.8375 compare
- 68 Belgium 0.8253 compare
- 69 Netherlands 0.8031 compare
More public sector data for Japan
- Arms imports 977.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 7.88 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 2.09 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 977.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 445.85 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0132 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.7 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 55.27 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,625 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest, payable, ratio of this level of government's expenditure on in Japan?
- Interest, payable, ratio of this level of government's expenditure on in Japan was 0.8593 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Japan?
- The highest recorded value was 0.8593 in 2020.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Japan?
- The lowest recorded value was 0.6232 in 2002.
- How does Japan rank for interest, payable, ratio of this level of government's expenditure on?
- Japan ranks 66th out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Japan?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
- Where does this Japan data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.