Japan's public bond dependency ratio was planned to reach around **** percent in the fiscal year 2025, according to the draft budget of the government. Due to the impact of the COVID-19 pandemic, the ratio spiked at **** percent in fiscal 2020.
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Ministry of Finance Japan. (December 27, 2024). Public bond dependency ratio in Japan from fiscal year 1975 to 2023 with forecasts until 2025 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 19, 2026, from /statistics/1259819/japan-bond-dependency-ratio/
Ministry of Finance Japan. "Public bond dependency ratio in Japan from fiscal year 1975 to 2023 with forecasts until 2025." Chart. December 27, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 19, 2026. /statistics/1259819/japan-bond-dependency-ratio/
Ministry of Finance Japan. (2024). Public bond dependency ratio in Japan from fiscal year 1975 to 2023 with forecasts until 2025. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 19, 2026. /statistics/1259819/japan-bond-dependency-ratio/
Ministry of Finance Japan. "Public Bond Dependency Ratio in Japan from Fiscal Year 1975 to 2023 with Forecasts until 2025." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 27 Dec 2024, /statistics/1259819/japan-bond-dependency-ratio/
Ministry of Finance Japan, Public bond dependency ratio in Japan from fiscal year 1975 to 2023 with forecasts until 2025 ÌÇÐÄÆÆ½â°æ, /statistics/1259819/japan-bond-dependency-ratio/ (last visited July 19, 2026)
Public bond dependency ratio in Japan from fiscal year 1975 to 2023 with forecasts until 2025 [Graph], Ministry of Finance Japan, December 27, 2024. [Online]. Available: /statistics/1259819/japan-bond-dependency-ratio/