Economic Outlook No 115 — Balance of primary income as a percent of in Japan

Japan: Economic Outlook No 115 — Balance of primary income as a percent of was 5.38 in 2025. ◆ Volatile

Latest (2025)
5.38
Change on year
down 2.9%
World rank
1st
of 36 countries
All-time high
6.13
in 2022
All-time low
-0.1526
in 1968
Years of data
58
1968–2025

Economic Outlook No 115 — Balance of primary income as a percent of in Japan, 1968–2025

0246196819962025

Source: Organisation for Economic Co-operation and Development.

Analysis

The most recent figure for economic outlook no 115 — balance of primary income as a percent of in Japan is 5.38, measured in 2025.

That represents a change of down 2.9% on the previous year and up 35.3% over ten years.

Over the whole period, economic outlook no 115 — balance of primary income as a percent of in Japan peaked at 6.13 in 2022 and was at its lowest, -0.1526, in 1968.

Japan ranks 1st of 36 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Economic Outlook No 115 — Balance of primary income as a percent of in Japan, year by year

Annual values for Economic Outlook No 115 — Balance of primary income as a percent of GDP in Japan, 1968 to 2025.
Year Value Change
1968 -0.1526
1969 -0.1443 -5.4%
1970 -0.0835 -42.1%
1971 -0.0065 -92.2%
1972 0.1313 -2107.9%
1973 0.1306 -0.5%
1974 -0.068 -152.1%
1975 -0.0273 -59.9%
1976 -0.014 -48.8%
1977 0.032 -329.4%
1978 0.1007 +214.4%
1979 0.2105 +109.0%
1980 0.1088 -48.3%
1981 -0.0176 -116.2%
1982 0.2035 -1253.6%
1983 0.2833 +39.2%
1984 0.3598 +27.0%
1985 0.5158 +43.4%
1986 0.4863 -5.7%
1987 0.6946 +42.8%
1988 0.7461 +7.4%
1989 0.8705 +16.7%
1990 0.8354 -4.0%
1991 0.8272 -1.0%
1992 1.01 +21.5%
1993 0.9768 -2.8%
1994 0.9111 -6.7%
1995 0.9285 +1.9%
1996 1.15 +23.5%
1997 1.25 +9.4%
1998 1.22 -3.0%
1999 1.22 +0.5%
2000 1.44 +18.1%
2001 1.53 +6.2%
2002 1.49 -3.1%
2003 1.66 +11.4%
2004 1.96 +18.7%
2005 2.26 +15.0%
2006 2.68 +18.7%
2007 3.03 +13.1%
2008 2.72 -10.4%
2009 2.55 -6.1%
2010 2.71 +6.1%
2011 2.96 +9.3%
2012 2.79 -5.8%
2013 3.48 +24.7%
2014 3.77 +8.4%
2015 3.98 +5.5%
2016 3.5 -11.9%
2017 3.78 +8.0%
2018 3.81 +0.6%
2019 3.84 +0.8%
2020 3.62 -5.7%
2021 4.76 +31.4%
2022 6.13 +28.8%
2023 5.89 -3.9%
2024 5.54 -6.0%
2025 5.38 -2.9%

Japan compared with similar countries

  • Japan's 5.38 is above the median for high income countries, which is -0.4865. (29 countries reporting)
  • Japan's 5.38 is above the median for East Asia & Pacific, which is -2.54. (5 countries reporting)

Biggest year-on-year movements

Years where Economic Outlook No 115 — Balance of primary income as a percent of in Japan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1972 +2107.9% -0.0065 0.1313
1982 +1253.6% -0.0176 0.2035
1977 +329.4% -0.014 0.032
1978 +214.4% 0.032 0.1007
1974 -152.1% 0.1306 -0.068
1981 -116.2% 0.1088 -0.0176

Averages by decade

DecadeAverage LowestHighest Years
1960s -0.1484 -0.1526 -0.1443 2
1970s 0.0406 -0.0835 0.2105 10
1980s 0.4251 -0.0176 0.8705 10
1990s 1.03 0.8272 1.25 10
2000s 2.13 1.44 3.03 10
2010s 3.46 2.71 3.98 10
2020s 5.22 3.62 6.13 6

Countries ranked near Japan

  1. 1 Netherlands 0.0953 compare
  2. 2 Croatia -0.2504 compare
  3. 2 Lithuania -0.211 compare
  4. 2 Norway 4.79 compare
  5. 3 Sweden 3.63 compare
  6. 3 Türkiye -0.5776 compare
  7. 4 Germany 3.56 compare
  8. 4 Slovenia -1.19 compare

See the full ranking of 49 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is economic outlook no 115 — balance of primary income as a percent of in Japan?
Economic outlook no 115 — balance of primary income as a percent of in Japan was 5.38 in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 115 — balance of primary income as a percent of recorded in Japan?
The highest recorded value was 6.13 in 2022.
What is the lowest economic outlook no 115 — balance of primary income as a percent of recorded in Japan?
The lowest recorded value was -0.1526 in 1968.
How does Japan rank for economic outlook no 115 — balance of primary income as a percent of?
Japan ranks 1st out of 36 countries with data for 2025.
Is economic outlook no 115 — balance of primary income as a percent of rising or falling in Japan?
Over the last ten years it is up 35.3%. The long-run trend across the full record is volatile.
Where does this Japan data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 115 — Balance of primary income as a percent of GDP. Statizoid updates them automatically from the source API.

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Economic Outlook No 115 — Balance of primary income as a percent of in Japan. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-115-balance-of-primary-income-as-a-percent-of-gdp/japan/

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About this data

Indicator
Economic Outlook No 115 — Balance of primary income as a percent of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
49 places, 2,109 data points, 1960–2025
Last refreshed

May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP