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Government > Spending Stats: compare key data on Japan & United Kingdom

Definitions

  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
  • Subsidies and other transfers > Current LCU: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
STAT Japan United Kingdom HISTORY
Expense > % of GDP 14.62%
Ranked 32nd.
42.67%
Ranked 8th. 3 times more than Japan

Expense > Current LCU 63.87 trillion
Ranked 1st. 103 times more than United Kingdom
617.96 billion
Ranked 30th.

Interest payments > % of expense 20.48%
Ranked 10th. 4 times more than United Kingdom
5.26%
Ranked 43th.

Interest payments > % of revenue 21.06%
Ranked 9th. 4 times more than United Kingdom
5.81%
Ranked 40th.

Interest payments > Current LCU 13.08 trillion
Ranked 1st. 402 times more than United Kingdom
32.51 billion
Ranked 29th.

Subsidies and other transfers > % of expense 64.76%
Ranked 1st. 26% more than United Kingdom
51.3%
Ranked 36th.

Subsidies and other transfers > Current LCU 41.37 trillion
Ranked 1st. 130 times more than United Kingdom
317.02 billion
Ranked 25th.

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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