24Peaks / Asia / Japan / Government Expenditure (% of GDP)

Japan - Government Expenditure (% of GDP) 20.06

World Bank WDI · updated 2026-10-15 · 161 economies tracked

Latest value

20.06 (2022)

Global rank

##83 of 161 economies

Share of global total

0.6%

Growth since 1972

1.9×

Ranking Race — Government Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#22#43#64#85#106#1271972198219922002201220222024#32#832021 overtook Zambia2022 overtook Ireland
JapanBotswanaTanzania

Real annual global ranks, 1972 - 2024. Japan climbed from #32 to #83 (overtook Zambia). 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.

1990
Fell 20 places in global rank auto
1991
Asset bubble bursts curated

Equity and land prices collapse, opening the lost decades.

1998
Climbed 18 places in global rank auto
1999
Fell 19 places in global rank auto
2011
Earthquake, tsunami, nuclear crisis curated

Triple disaster disrupts supply chains and energy supply.

2020
Climbed 16 places in global rank auto

Government Expenditure (% of GDP), 1972-2022

World Bank WDI · % of GDP · linear scale · ranking in the race above
1972198220022012202210.5514.718.8422.99

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