24Peaks / Asia / Japan / Government Debt

Japan - Government Debt 236.66

IMF Global Debt Database · updated 2026-10-03 · 88 economies tracked

Latest value

236.66 (2024)

Global rank

##88 of 88 economies

Share of global total

4.6%

Growth since 1955

17.53×

Ranking Race — Government Debt

1 = global #1 · lower value ranks higher

#1#15#29#43#57#71#85195019651980199520102024#3#881991 overtook United States2020 overtook Venezuela, RB
JapanTurkmenistanKiribatiMicronesia, Fed. Sts.Marshall Islands

Real annual global ranks, 1950 - 2024. Japan climbed from #3 to #88 (overtook United States). Gaps in a lane = missing data that year.

Key events for Japan ↓

Key Events — Japan

Auto-detected from rank data + curated milestones

1973
Oil crisis shock curated

First oil shock ends rapid postwar growth; inflation surges.

1985
Plaza Accord curated

Yen revaluation agreed; asset bubble inflates through the late 1980s.

1991
Overtook United States in global rank auto
1991
Asset bubble bursts curated

Equity and land prices collapse, opening the lost decades.

1995
Fell 15 places in global rank auto
2011
Earthquake, tsunami, nuclear crisis curated

Triple disaster disrupts supply chains and energy supply.

2020
Overtook Venezuela, RB in global rank auto

Government Debt, 1955-2024

IMF Global Debt Database · % of GDP · linear scale · ranking in the race above
1955197019852000201520248.4491.75175.06258.37
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