In the fiscal year 2023, the initial general account budget of the Japanese national government for social security expenditures was set at nearly 37 trillion Japanese yen. The revised budget of the previous fiscal year was recorded as close to 41 trillion yen. As Japan faces a rapidly aging society, pension and national medical expenses for the elderly in particular account for the largest share of the social security budget.
Social security expenditures of the government's general account in Japan from fiscal year 2014 to 2023
(in trillion Japanese yen)
Characteristic
Expenditure in trillion Japanese yen
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fiscal years 2014 to 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Supplementary notes
*Revised budget. **Initial budget.
Japan's national budget consists of the general account, special accounts, and the budget for government-affiliated agencies. The general account covers core national expenditures such as public works or social security.
Data from fiscal years 2014, 2016, 2017, 2018, and 2019 come from previous reporting. Values have been rounded. 100 Japanese yen equal 0.69 U.S. dollars or 0.63 euros as of September 2023.
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Statistics Bureau of Japan. (September 20, 2023). Social security expenditures of the government's general account in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/630214/japan-general-account-budget-social-security-expenditures/
Statistics Bureau of Japan. "Social security expenditures of the government's general account in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen)." Chart. September 20, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/630214/japan-general-account-budget-social-security-expenditures/
Statistics Bureau of Japan. (2023). Social security expenditures of the government's general account in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/630214/japan-general-account-budget-social-security-expenditures/
Statistics Bureau of Japan. "Social Security Expenditures of The Government's General Account in Japan from Fiscal Year 2014 to 2023 (in Trillion Japanese Yen)." Statista, Statista Inc., 20 Sep 2023, https://www.statista.com/statistics/630214/japan-general-account-budget-social-security-expenditures/
Statistics Bureau of Japan, Social security expenditures of the government's general account in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/630214/japan-general-account-budget-social-security-expenditures/ (last visited September 01, 2024)
Social security expenditures of the government's general account in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen) [Graph], Statistics Bureau of Japan, September 20, 2023. [Online]. Available: https://www.statista.com/statistics/630214/japan-general-account-budget-social-security-expenditures/