|Data||31 Mar 2019||-17,071|
|31 Mar 2018||-13,137|
|Outstanding Public Debt||Jul 2021||12,230,234||12,205,861||100 Mil. JPY, NSA||Monthly|
|Outstanding Public Debt - Domestic||Jul 2021||10,114,738||10,024,722||100 Mil. JPY, NSA||Monthly|
|Outstanding Public Debt - Foreign||Jul 2021||0||0||100 Mil. JPY, NSA||Monthly|
|Gross External Debt||2021 Q2||180,220||177,816||Bil. JPY, NSA||Quarterly|
|Government Budget Balance||31 Mar 2019||-17,071||-13,137||Bil. JPY||365 days|
|Government Revenues||31 Mar 2019||197,377||197,471||Bil. JPY||365 days|
General Government data compiled by the CAO covers the complete general government (GG) sector. Central government covers general account and part of special accounts of the state; and part of government-affiliated corporations, government-authorized corporations and independent administrative institutions. Local government covers ordinary accounts and business accounts of local governments, property ward accounts etc. Social security fund covers part of special insurance accounts of the state (public pension, employment insurance, etc.); medical benefits and long-term care service accounts of health insurance societies; public employee mutual aid associations, etc.
Among general government transactions recorded in Income and Outlay Accounts and Capital Finance Accounts, incomes include taxes on production and imports; property income (receivable); current taxes on income, wealth, etc.; social contributions; other current transfers (receivable), etc. Outlays include property income (payable), social benefits other than social transfers in kind, other current transfers (payable), etc. Capital transactions include gross fixed capital formation, consumption of fixed capital, changes in inventories, net purchase of land, capital transfers, etc.
For the classification by economic activity, general government is not only a producer of government services but also a market producer in some cases. In Japan's national accounts, however, all general government conducts are regarded as government services.
General government transactions are classified by type of transactions under Income and Outlay Accounts and Capital Finance Accounts following the accounting system of the 2008 SNA. General government expenditures are also classified by purpose according to the classification of the functions of government (COFOG) in the 2008 SNA.
Source data collection programs
Source data are administrative records or financial data of the organizations concerned.
The data for central government are based on financial settlements of the government and financial statements of the relevant agencies, etc. The data for local government are based on "the Statistical Annual Report on Local Finance", "the Yearbook of Local Public Enterprises" (Both are published by the Ministry of Internal Affairs and Communications), etc. The data for social security fund are based on financial statements of each social security fund.
Some source data are not consistent with the definitions, classifications, and requirements of the national accounts, and they are adjusted before used in the compilation.
Timeliness of source data receipt is broadly satisfied. But in some cases, and in particular for the first estimate of the annual accounts, timeliness is lagging. In such cases, estimates are based on approximations, related indicators, trend extrapolation, etc. using as much information as is available.
Data are presented on general government operations in billions of Japanese yen and cover the operations of the central government, local governments and social security funds.
Data for the prescribed components are not presented directly, but can be derived from the Income and Outlay Accounts and the Capital Finance Accounts for the general government sector in the national accounts as follows:
The breakdown of financing is by type of debt instrument and can be derived from national accounts data as follows:
The revision cycle is stable from year to year. Except for the benchmark revisions which take place every fifth year, the annual estimates become final with the second release about 21 months after the reference fiscal year.
The general government operations data is in fiscal year (April to March).