P5 News
Shonan Tax Office No. 178
July 2004

Japan's Debt

        Japan's debt has been increased every year, and debt per one Japanese person is 5.5 million yen. The balance for 4 people in their household is over 20 million yen.

        According to Ministry of Finance Japan, Japanese Government Bonds (JGBs) for 2003 is 703 trillion yen including FBs. This amount is GDP 1.4 times. Japanese population is less than 130 million, so debt for one person is 5.5 million yen. JGBs have been increased 50 trillion yen this year, and the loans payable is 60 trillion yen. FBs are now 86 trillion yen.

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