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Country vs country: Japan and United States compared: Government > Spending stats

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 States HISTORY
Expense > % of GDP 14.62%
Ranked 32nd.
25.94%
Ranked 2nd. 77% more than Japan

Expense > Current LCU 63.87 trillion
Ranked 1st. 17 times more than United States
3.7 trillion
Ranked 1st.

Interest payments > % of expense 20.48%
Ranked 10th. 3 times more than United States
7.31%
Ranked 3rd.

Interest payments > % of revenue 21.06%
Ranked 9th. 77% more than United States
11.93%
Ranked 1st.

Interest payments > Current LCU 13.08 trillion
Ranked 1st. 48 times more than United States
270.49 billion
Ranked 1st.

Subsidies and other transfers > % of expense 64.76%
Ranked 1st.
69.14%
Ranked 1st. 7% more than Japan

Subsidies and other transfers > Current LCU 41.37 trillion
Ranked 1st. 16 times more than United States
2.56 trillion
Ranked 1st.

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.

Citation

"Government > Spending: Japan and United States compared", NationMaster. Retrieved from http://www.nationmaster.com/country-info/compare/Japan/United-States/Government/Spending