Instructor: FAISAL SARWAR

USHAIR FAREED
MEHREEN AHMED
DAR

ECONOMIC INDICATORS

ECONOMY OF JAPAN

Economy of Japan Developed Country

Japan- Less developed in 1952
Consumption 5 times smaller - USA
Japan had an 8% annual economy
growth rate.
In late 1990- Japan faced largest
recession

Recovery:
Increase in prices of stocks
Demand in Japanese products
Strong planning and efficient
monetary and fiscal policies

Japan GDP Annual Growth

Rate
19803Q
2015

2Q
2015

0.2

0.2

15
Avg
0.49

High

Low

3.20

-4

Japan Inflation rates

Oct
2015
0.3

19582015
Average
3.12

High

Low

25

-2.52

Japan Interest Rates

Current

19722015
Averag
e
3.01

High

Low

Japan Unemployment Rate

Oct
Sep 1953- High
2015 2015 15
Avg
3.1
3.4 2.72 5.60

Low

Japan Balance of trade

Oct
2015

Oct
2014

111.5

741.8

19632015
Avg
372.0
7

High

Low

1608.
67

2795.
04

Japan Government Debt

to2014
GDP 1980- High
Low
230%

2014
121.76

230

50.6

FISCAL SECTOR
Revenues
Tax revenue
Non-tax revenue
Expenditures
Current
Developmental
Domestic financing
Deficit Financing Bonds
Construction Bonds

FISCAL SECTOR

Revenues
(Billion
YEN)
neral Account Budget
for
FY20
FY2013
FY2014
FY2015
Tax
revenue
R Tax Revenues
43,096.0
50,001.0
54,525.0
Revenues
4,053.5
4,631.3
4,954.0
e Non-Tax
Non-tax
revenue
Bond
42,851.0
41,250.0
36,863.0
v Government
Issues
eExpenditures
Pension-related
2,611.0
n Special DeficitCurrent
financing
Bond Issues
u
Total
92,611.5
95,882.3
96,342.0
Current
22,241.5
23,270.2
23,450.7
E
es
Developmental
Development
70,370.0
72,612.1
72,891.2
x
Local Allocation
Tax 16,392.7
16,142.4
15,535.7
Domestic
financing
p Grants
Social security
29,122.4 Bonds
30,517.5
31,529.7
e Deficit
Financing
92,611.5
95,882.3
96,342.0
n Total
Bond
di Construction
Bond Dependency
47.6%
46.3%
43.0%
tu

Ratio

FISCAL SECTOR
Revenues
Deficit Financing
Tax
revenue
FY2013
FY2014
FY2015
Do
Deficit financing revenue
Bonds
33.8
33.9
30.9
m Non-tax
es
Construction Bonds
7.0
6.6
6.0
Expenditures
tic
Total Government Bond
40.8
40.5
36.9
fin Current
Issues
an
Developmental
cin
Bonds
Dependency
g Domestic financing
Bond Dependency
47.6%
46.3%
43.0%
Ratio
Deficit Financing Bonds
Construction Bonds

Government Bonds to total revenue is 38.3%

(Trillion
Yen)
Total
Expenditures

Deficit of
41.8
(Trillion
Yen)

Total Revenues

Constructio
n Bond
Issues
Special
DeficitFinancing
Bond Issues
FY

FY1990
FY2014
Increase in Social security is due the reason of
increase in elderly population

Japans Debt to GDP

GD
P

DE
BT

Japanese Government DEBT is now above 230%

of GDP

International Comparison of General Government

Gross Debt to GDP

Japanese Government DEBT is now above 230%

of GDP

JAPANS DEBT
PROFILE

Japan Government Sector Debt and Liabilities

Actual Previous Highest

Lowest

Date

Unit

Frequency

Yearly

1980
230

224.20

230

50.60

2014

Japan: National debt from 2010 to 2020 (in trillion yen)

The statistic shows the national debt of Japan from 2010 to 2014, with
projections up until 2020. The estimated amount of Japan's national debt
in 2014 amounted to about 1,200 trillion yen. In a ranking of debt to GDP
per country, Japan is thus currently ranked first.

Japan Total Gross External Debt

Actual

Previous

Highest

Lowest

335994.00 340373.00 340373.00 141743.00

Date

Unit

Frequency

2003 2015

JPY
Billion

Quarterly

Public Sector Enterprise Debt (PSES)

BALANCE OF PAYMENTS

Export Prices
Sep
2015

Oct
2015

108.90

109.70

1960
-2015
Avg
139.42

High

Low

207.30

94

Import Prices
Oct
2015
108

1960Sep
2015
High
Low
2015
Avg
109.40 91.88 190.40 45.90

Foreign Exchange Reserves

Oct
2015

Sep
2015

1957High
Low
2015
Avg
124421 124893 275304 130666 455
1
6
.27
8

Loans to Private Sector

Oct
2015

Sep
2015

1991High
Low
2015
Avg
428191 427163 445835 536555 375948
.10
.20
.85
.80
.90

Stock Investment by Foreigners

Nov 2015 2005High
decrease
15
d by
Averag
e
178.70
73.69 1568.80

Low

1420.6
0

Foreign Bond Investment

Nov
2005-15 High
Low
2015 Average
Increas
ed
410.90 170.46 2178.70 3072.50

Balance of Trade
Oct
2015
111.5

Last
year
-741.8

1963-15
High
Low
Average
372.07
1608.67 -2795.04

Exports
Oct
1963- High
Low
2015
15
6543.9 3163.7 7681.6 105.08
6
9
9

Imports
Current 1963High
Low
2015
6432.5 2791.72 8047.0 162.06
3

Current Account
1985Sep
15
2015 Averag
e
1468

High

Low

1065.8 3360.4
1596.9
7
0
0

Terms of Trade
Oct
2015

Sep
2015

1960- High
Low
15
Averag
e
100.80 100.30 169.77 276.10 83.10

Capital Flows
Sep
2015
29950

1985-15
Average
4282.09

High

Low

46032

-26928

Foreign Direct Investment

Sep
2015
14458

1996-15 High

Low

5023.59

-3285

37754

Gold Reserves
3Q
2015

2Q
2015

2000High
Low
15
Averag
e
765.20 765.20 764.75 765.20 753.54

Government Budget

MONETARY SECTOR

Net Foreign Assets

Net foreign assets (current LCU) in Japan were last measured
at 113,954,200,000,000 in 2014, according to the World Bank.
Net foreign assets are the sum of foreign assets held by
monetary authorities and deposit money banks, less their
foreign liabilities. Data are in current local currency.
113,954,200,000,000 yen 2014

Net Domestic Credit

Net domestic credit (current LCU) in Japan was last measured at
1,306,100,973,035,080 in 2014, according to the World Bank. Net
domestic credit is the sum of net credit to the nonfinancial public sector,
credit to the private sector, and other accounts. Data are in current local
currency. This page has the latest recorded value, an historical data
chart and related indicators for Net domestic credit (current LCU) in
Japan.
1,306,100,973,035,080 yen 2014

Thank You