Japan vs Spain

Japan vs Spain: Government debt

Government debt: 213.6% of GDP in Japan in 2024 and 100.5% of GDP in Spain in 2025, by IMF estimates. In 2024 the value was higher in Japan, by 112.2 percentage points, or 2.11 times that in Spain.

% of GDP · IMF

Japan vs Spain: Government debtGovernment debt: 213.6% of GDP in Japan in 2024 and 100.5% of GDP in Spain in 2025, by IMF estimates. In 2024 the value was higher in Japan, by 112.2 percentage points, or 2.11 times that in Spain.
JapanSpainIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Japan has been higher in every year both have figures for since 1980.
  • The IMF projection (World Economic Outlook, October 2026) puts Japan at 188.9% of GDP and Spain at 89.4% of GDP in 2031.

Every year

% of GDP · IMF

YearJapanSpain
2025204.8100.5
2024213.6101.4
2023220.1105.2
2022228109.2
2021222.6115.6
2020228.8119.2
2019206.397.6
2018203.799.7
2017203.1101.1
2016202.1102
2015200.1102.4
2014203.6104.4
2013201.2100
2012197.189.6
2011190.669.5
2010178.660.3
2009172.953.1
2008153.639.6
2007150.435.7
2006152.139
2005153.442.4
2004148.845.3
2003140.247.7
2002134.651.2
2001126.854.1
2000118.557.8
1999113.560.9
1998101.662.4
199791.364.3
199685.365.4
199580.761.6
199473.357
199363.254.6
199257.944.1
199154.141.9
199054.841.3
198956.939.9
198862.438.5
198765.841.9
198664.242.1
198559.240.9
198456.936
198355.129.5
198250.124.4
198145.819.5
198041.416.1
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearJapanSpain
2026199.497.6
2027196.495.2
2028193.893.2
2029191.592
2030190.190.7
2031188.989.4

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Japan vs Spain

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment