Japan Government Budget

Japan reported a Government Budget deficit equal to 9.70 percent of the country's Gross Domestic Product in 2011. Historically, from 1960 until 2011, Japan Government Budget averaged -2.6600 Percent of GDP reaching an all time high of 2.5800 Percent of GDP in December of 1961 and a record low of -10.5000 Percent of GDP in December of 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Japan Government Budget.

Date Selection	Members Only. Please Register or Login
to

Government Budget
A government budget is a legal document that is often passed by the legislature, and approved by the chief executive-or president. For example, only certain types of revenue may be imposed and collected. Property tax is frequently the basis for municipal and county revenues, while sales tax and/or income tax are the basis for state revenues, and income tax and corporate tax are the basis for national revenues. The two basic elements of any budget are the revenues and expenses. In the case of the government, revenues are derived primarily from taxes. Government expenses include spending on current goods and services, which economists call government consumption; government investment expenditures such as infrastructure investment or research expenditure; and transfer payments like unemployment or retirement benefits. Budgets have an economic, political and technical basis. Unlike a pure economic budget, they are not entirely designed to allocate scarce resources for the best economic use. They also have a political basis wherein different interests push and pull in an attempt to obtain benefits and avoid burdens. The technical element is the forecast of the likely levels of revenues and expenses.

JAPAN NEWS

Japan Annual Inflation Rate Down to 0.4% in April
Published: 5/25/2012 12:11:48 PM By: TradingEconomics.com, Ministry of Finance Japan
The consumer price index for Japan in April 2012 was 100.4(2010=100), up 0.1% from the previous month, and up 0.4% over the year.

Japan's Trade Deficit Widens in April
Published: 5/23/2012 1:18:40 PM By: TradingEconomics.com, Ministry of Finance Japan
Japan posted a larger-than-expected trade deficit in April, widening from shortfalls in the previous month and a year earlier as exports of steel and plastic declined on reduced demand from China and imports of fossil fuels increased.

Bank of Japan Keeps Monetary Policy Unchanged
Published: 5/23/2012 12:57:08 PM By: TradingEconomics.com, Bank of Japan
At the Monetary Policy Meeting held on May 23rd, the Policy Board of the Bank of Japan decided, by a unanimous vote, to keep the uncollateralized overnight call rate at around 0 to 0.1 percent.

Japanese GDP Grows 1% in Q1
Published: 5/17/2012 11:20:34 AM By: TradingEconomics.com, Cabinet Office
Japan's gross domestic product (GDP) expanded 1.0 percent in January-March from the previous quarter after a revised 0.0 percent result for October-December last year. The recovery was mostly due to solid consumer spending, post-quake rebuilding and rising exports.

Japan Reports Trade Deficit in March
Published: 4/19/2012 11:32:08 AM By: TradingEconomics.com, Ministry of Finance Japan
Japan swung back into a trade deficit in March as a steady rise in energy imports outweighed a rebound in automobile exports after last year's flooding in Thailand.

Bank of Japan Holds off Easing Measures
Published: 4/10/2012 11:08:43 AM By: TradingEconomics.com, Bank of Japan
At the Monetary Policy Meeting held on April 10th, the Policy Board of the Bank of Japan decided to encourage the uncollateralized overnight call rate to remain at around 0 to 0.1 percent.

Japan Reports Trade Surplus in February
Published: 3/22/2012 11:23:41 AM By: TradingEconomics.com
Japan posted a ¥32.9 billion trade surplus in February after four-straight months in deficit, the Ministry of Finance said on March 22nd, boding well for an economy that needs a boost from international trade to solidify its still-fragile recovery.

Bank of Japan Adds New Loan Program
Published: 3/13/2012 6:53:42 PM By: TradingEconomics.com, Bank of Japan
The Bank of Japan left on March 13th its key monetary policy unchanged to check the effects of last month's easing steps, but decided to expand a loan program to ¥5.5trn for potentially high-growth sectors in a bid to stimulate the economy.

Japan Annual Inflation Rate Up 0.1% in January
Published: 3/2/2012 12:14:45 PM By: TradingEconomics.com, Statistics Japan
The consumer price index for Japan in January 2012 was 99.6(2010=100), up 0.2% from the previous month, and up 0.1% over the year.

Japan Unemployment Rate up to 4.6% in January
Published: 3/2/2012 12:10:30 PM By: TradingEconomics.com, the Ministry of Internal Affairs and Communications
Japan's seasonally adjusted unemployment rate rose to 4.6 percent in January from a downwardly revised 4.5 percent in December, with the data pointing to already employed people seeking higher-paid positions.

MORE NEWS