How much debt does Japan have?

Japan has the highest debt-to-GDP ratio among developed countries, estimated to be around ¥1,064 trillion ($9.9 trillion) as of 2020. This includes public debt held by both the national and local governments, corporate debt, and household debt. The Covid-19 pandemic has had a significant impact on Japan’s public finances due to increased spending on economic stimulus measures, but due to low interest rates there are no immediate concerns over sustainability. When compared with other countries such as Brazil (77%), India (73%), Indonesia (29%) and China (47%), Japan's public debt levels are still relatively low.

Question about Japan

How Japan is so rich?

This article examines how Japan has become a prosperous nation, looking at its long history of economic growth and stability, economic policies, export-oriented economy, human capital and education system, automation and robotics in manufacturing, financial markets, and tourism industry. These factors have all contributed to the wealth of Japan today and with continued commitment to these areas in the future, there is no doubt that Japan will remain prosperous for many years ahead.