Japan has a national debt that exceeds 200% of its GDP, but it has managed to maintain stability and prosperity through a combination of factors. These include government bonds, export industries, low interest rates, fiscal stimulus measures, a large domestic market, an aging population, social cohesion, technological innovation, a strong financial sector, openness to foreign investment, political stability, and flexibility. Japan's reliance on government bonds and strong export industries help keep interest rates low and generate revenue. The country's aging population creates demand for goods and services catering to older consumers. Japan's stable political system promotes continuity in economic policy-making.