Eastern Asia
Japan’s government's gross debt is more than twice the size of its economy — the world's highest ratio.
Source: imf.org · checked 2026-08-08Japan is the largest foreign holder of US government debt (Treasury securities).
Source: ticdata.treasury.gov · checked 2026-08-08Rank is out of the countries with data for that measure. Every figure is the latest year the source publishes.
| Measure | Value | Rank |
|---|---|---|
| PopulationEveryone living in the country, all ages, counted mid-year. | 123m (2025) | 12th of 209 |
| GDPThe total value of everything the country produces in a year, at current prices. | $4.44tn (2025) | 4th of 203 |
| Land areaTotal land area, excluding inland water and offshore territory. | 365k km² (2023) | 62nd of 209 |
| Military spending, totalWhat the government spends on its armed forces in a year — pay, equipment and operations. | $55.3bn (2024) | 10th of 151 |
| Exports of goods & servicesThe value of everything the country sells abroad in a year, goods and services combined. | $921bn (2024) | 9th of 180 |
| Mobile subscriptionsActive mobile phone subscriptions — NOT the same as people. Many people hold two, so a country can have more subscriptions than residents. | 222m (2023) | 6th of 205 |
| Forest areaLand under natural or planted trees, whether or not it is productive. | 249k km² (2023) | 23rd of 203 |
| Agricultural landCropland, land under permanent crops, and permanent pasture. | 46.1k km² (2023) | 92nd of 206 |
| COâ‚‚ emissionsCarbon dioxide released in a year, in millions of tonnes. | 972 Mt (2024) | 5th of 198 |
| Urban populationThe number of people living in urban areas, as each country defines them. | 114m (2025) | 7th of 209 |
| Life expectancyHow long a baby born today would live if death rates never changed. | 84.0 years (2024) | 10th of 209 |
| GDP per personEverything the country produces in a year, divided by its population. | $35,951 (2025) | 44th of 205 |
| Internet useThe share of people who have used the internet in the last three months. | 85.5% (2024) | 80th of 191 |
| InflationHow much prices rose over the year, measured on a basket of consumer goods. | 3.2% (2025) | 91st of 182 |
| UnemploymentThe share of people who want a job and are looking for one but do not have one. | 2.5% (2025) | 162nd of 185 |
| Urban shareThe share of the population living in urban areas. | 92.3% (2025) | 22nd of 209 |
| Births per womanHow many children a woman would have across her life at current birth rates. | 1.15 (2024) | 196th of 209 |
| Military spending, share of GDPWhat the country spends on its armed forces, as a share of everything it produces. | 1.37% of GDP (2024) | 91st of 155 |
| Trade opennessImports plus exports as a share of GDP. Above 100% is normal for small trading economies. | 44.9% of GDP (2024) | 154th of 183 |
| COâ‚‚ per personCarbon dioxide from fuel and industry, divided by the population. | 7.88 t (2024) | 27th of 198 |
| Human Development IndexThe UN’s combined measure of health, education and income, on a scale from 0 to 1. | 0.925 (2023) | 23rd of 193 |
None. Everything that leaves Japan goes by sea or by air.
Close by sea, with no shared land border.
Questions from the daily puzzle where the answer is Japan.
Japan's government debt is worth over twice everything the country produces in a year — the highest ratio on earth. It has not caused a crash because almost all of it is owed to Japanese savers and to Japan's own central bank, rather than to foreign lenders who could walk away. source
Japan leads at about 85.0 years, ahead of South Korea's 84.5. Hong Kong does better still, at 85.8, but with 7.4 million people it falls below the threshold — and Japan now carries the heaviest old-age dependency ratio of any large economy, which is why longevity shows up in its public finances long before it shows up anywhere else. source
Japan holds about $1.19 trillion of US Treasuries, ahead of the United Kingdom at $863 billion and mainland China at $684 billion — China has been the seller, not the buyer, for a decade now. Japan built the stockpile partly by design: recycling export dollars into Treasuries helps keep the yen weaker and Japanese exports competitive. source
Country data from the World Bank (CC BY 4.0) and the UNDP Human Development Report (CC BY 3.0 IGO)
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