Taxes less subsidies on products in Japan

Japan: Taxes less subsidies on products was 24.19 billion current US$ in 2024. ◆ Volatile

Latest (2024)
24.19 billion current US$
Change on year
down 11.8%
World rank
41st
of 198 countries
All-time high
38.02 billion current US$
in 2022
All-time low
-1.43 billion current US$
in 1998
Years of data
55
1970–2024

Taxes less subsidies on products in Japan, 1970–2024

010.0B20.0B30.0B40.0B197019972024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

Japan recorded 24.19 billion current US$ for taxes less subsidies on products in 2024.

Compared with earlier readings it is down 11.8% on the previous year and down 29.5% over ten years.

Over the whole period, taxes less subsidies on products in Japan peaked at 38.02 billion current US$ in 2022 and was at its lowest, -1.43 billion current US$, in 1998.

Japan ranks 41st of 198 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.96 billion current US$ 1.11 billion current US$ 3.51 billion current US$ 10
1980s 5.06 billion current US$ 4.07 billion current US$ 7.74 billion current US$ 10
1990s 3.84 billion current US$ -1.43 billion current US$ 7.93 billion current US$ 10
2000s 10.56 billion current US$ 1.28 billion current US$ 20.74 billion current US$ 10
2010s 25.26 billion current US$ 13.82 billion current US$ 34.73 billion current US$ 10
2020s 24.38 billion current US$ 9.96 billion current US$ 38.02 billion current US$ 5

Countries ranked near Japan

  1. 38 Ukraine 29.07 billion current US$ compare
  2. 39 Switzerland 27.20 billion current US$ compare
  3. 40 Pakistan 24.39 billion current US$ compare
  4. 42 Morocco 21.70 billion current US$ compare
  5. 43 Peru 21.42 billion current US$ compare
  6. 44 New Zealand 21.34 billion current US$ compare

See the full ranking of 198 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is taxes less subsidies on products in Japan?
Taxes less subsidies on products in Japan was 24.19 billion current US$ 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 38.02 billion current US$ in 2022.
What is the lowest taxes less subsidies on products recorded in Japan?
The lowest recorded value was -1.43 billion current US$ in 1998.
How does Japan rank for taxes less subsidies on products?
Japan ranks 41st out of 198 countries with data for 2024.
Is taxes less subsidies on products rising or falling in Japan?
Over the last ten years it is down 29.5%. 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 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.