IMF Government Finance Statistics · updated 2026-10-03 · 78 economies tracked
212.23 (2024)
##1 of 78 economies
5.6%
2.7×
1 = global #1 · higher value ranks higher
Real annual global ranks, 1990 - 2025. Japan climbed from #2 to #1 (overtook Belgium). Gaps in a lane = missing data that year.
Key events for Japan ↓Auto-detected from rank data + curated milestones
Equity and land prices collapse, opening the lost decades.
Triple disaster disrupts supply chains and energy supply.
Government Social Protection Expenditure (% of GDP), Government Economic Affairs Expenditure (% of GDP), Government Financial Assets (% of GDP), Government Net Wealth Change from Other Economic Flows (% of GDP)
No community estimates yet for Government Total Liabilities (% of GDP) — be the first.