Taxes less subsidies on products in Japan
Japan: Taxes less subsidies on products was 3.66 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
3.66 trillion current LCU
Change on year
down 4.9%
World rank
29th
of 197 countries
All-time high
5.00 trillion current LCU
in 2022
All-time low
-187.70 billion current LCU
in 1998
Years of data
55
1970–2024
Taxes less subsidies on products in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Japan recorded 3.66 trillion current LCU for taxes less subsidies on products in 2024.
That represents a change of down 4.9% on the previous year and up 0.7% over ten years.
Over the whole period, taxes less subsidies on products in Japan peaked at 5.00 trillion current LCU in 2022 and was at its lowest, -187.70 billion current LCU, in 1998.
That places Japan 29th out of 197 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Japan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 405.86 billion current LCU | — |
| 1971 | 389.80 billion current LCU | -4.0% |
| 1972 | 415.63 billion current LCU | +6.6% |
| 1973 | 526.85 billion current LCU | +26.8% |
| 1974 | 520.91 billion current LCU | -1.1% |
| 1975 | 445.70 billion current LCU | -14.4% |
| 1976 | 579.00 billion current LCU | +29.9% |
| 1977 | 631.96 billion current LCU | +9.1% |
| 1978 | 617.62 billion current LCU | -2.3% |
| 1979 | 769.67 billion current LCU | +24.6% |
| 1980 | 1.07 trillion current LCU | +38.9% |
| 1981 | 1.03 trillion current LCU | -3.5% |
| 1982 | 1.07 trillion current LCU | +3.4% |
| 1983 | 967.26 billion current LCU | -9.4% |
| 1984 | 1.09 trillion current LCU | +12.7% |
| 1985 | 1.10 trillion current LCU | +1.2% |
| 1986 | 852.29 billion current LCU | -22.7% |
| 1987 | 950.15 billion current LCU | +11.5% |
| 1988 | 991.62 billion current LCU | +4.4% |
| 1989 | 587.07 billion current LCU | -40.8% |
| 1990 | 392.98 billion current LCU | -33.1% |
| 1991 | 429.57 billion current LCU | +9.3% |
| 1992 | 675.88 billion current LCU | +57.3% |
| 1993 | 558.47 billion current LCU | -17.4% |
| 1994 | 761.60 billion current LCU | +36.4% |
| 1995 | 745.60 billion current LCU | -2.1% |
| 1996 | 700.60 billion current LCU | -6.0% |
| 1997 | -5.90 billion current LCU | -100.8% |
| 1998 | -187.70 billion current LCU | +3081.4% |
| 1999 | 199.70 billion current LCU | -206.4% |
| 2000 | 137.50 billion current LCU | -31.1% |
| 2001 | 292.30 billion current LCU | +112.6% |
| 2002 | 601.20 billion current LCU | +105.7% |
| 2003 | 731.50 billion current LCU | +21.7% |
| 2004 | 717.30 billion current LCU | -1.9% |
| 2005 | 1.43 trillion current LCU | +99.2% |
| 2006 | 2.01 trillion current LCU | +40.7% |
| 2007 | 1.89 trillion current LCU | -5.9% |
| 2008 | 2.14 trillion current LCU | +13.4% |
| 2009 | 1.60 trillion current LCU | -25.3% |
| 2010 | 1.93 trillion current LCU | +20.4% |
| 2011 | 2.70 trillion current LCU | +40.0% |
| 2012 | 2.70 trillion current LCU | +0.2% |
| 2013 | 3.39 trillion current LCU | +25.4% |
| 2014 | 3.64 trillion current LCU | +7.3% |
| 2015 | 2.67 trillion current LCU | -26.6% |
| 2016 | 1.50 trillion current LCU | -43.7% |
| 2017 | 2.15 trillion current LCU | +42.9% |
| 2018 | 2.38 trillion current LCU | +10.7% |
| 2019 | 1.89 trillion current LCU | -20.6% |
| 2020 | 1.06 trillion current LCU | -43.7% |
| 2021 | 2.45 trillion current LCU | +130.5% |
| 2022 | 5.00 trillion current LCU | +104.0% |
| 2023 | 3.85 trillion current LCU | -22.9% |
| 2024 | 3.66 trillion current LCU | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 530.30 billion current LCU | 389.80 billion current LCU | 769.67 billion current LCU | 10 |
| 1980s | 971.00 billion current LCU | 587.07 billion current LCU | 1.10 trillion current LCU | 10 |
| 1990s | 427.08 billion current LCU | -187.70 billion current LCU | 761.60 billion current LCU | 10 |
| 2000s | 1.16 trillion current LCU | 137.50 billion current LCU | 2.14 trillion current LCU | 10 |
| 2010s | 2.49 trillion current LCU | 1.50 trillion current LCU | 3.64 trillion current LCU | 10 |
| 2020s | 3.21 trillion current LCU | 1.06 trillion current LCU | 5.00 trillion current LCU | 5 |
Countries ranked near Japan
More economy & growth data for Japan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.4463 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth -4.54 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9917 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 33,515 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.85 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 150.1 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 5.07 million current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -0.6749 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.13 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products in Japan?
- Taxes less subsidies on products in Japan was 3.66 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Japan?
- The highest recorded value was 5.00 trillion current LCU in 2022.
- What is the lowest taxes less subsidies on products recorded in Japan?
- The lowest recorded value was -187.70 billion current LCU in 1998.
- How does Japan rank for taxes less subsidies on products?
- Japan ranks 29th out of 197 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Japan?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is volatile.
- Where does this Japan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.