Government Debt in Japan

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Presentation transcript:

Government Debt in Japan Arturo Peguero Pei-ling Liu Nilar Thein

Government debt in japan Current fiscal situation not sustainable Debt to GDP averaged 118.6% from 1980 - 2013 All time high of 227.2% in 2013 Record low of 50.6% in 1980

Government debt in japan

Government debt in japan

Government debt in japan

Government debt in japan

Government debt in japan Constant government deficits Increased govt. spending after 2008 crisis Total public expenditure has soared Tax revenues have dropped

Government debt in japan

Government debt in japan Historical low sales taxes

Government debt in japan High life expectancy

Government debt in japan Fastest-rising expenditure in budget is social security: Covering pensions Medical insurance Welfare & employment programmes Source: The Economist (2010)

Government debt in japan Developing Country Population Pyramid

Government debt in japan Budget Deficit = -7.6% of GDP