Announcing the latest information about national and local government debts for the public to monitor.
1. We have published the “Latest information about the national debt” since December 7, 2010 on the homepage of the Ministry of Finance website and electronic bulletin boards, and we established a “Latest national debt information” area on June 7, 2012 to provide links to information about central government debt, including the outstanding debt of the central government as a percentage of GDP.
2. In December 2012, we greatly increased the number of revealed locations for LED clocks to show the national debt and debts of local governments. So far they have been placed in more than 2,000 locations.
3. To enable the public to understand the latest debt situation of the central government in a more timely manner, we have changed the frequency of updating our data from monthly to weekly since fiscal year 2016.
4. As of August 31, 2019, the amount of outstanding debt of the central government with a maturity of 1 year or longer was $5,306.6 billion; the amount of short-term outstanding debt was $60 billion; and the average burden of debt per capita was 227 thousand.
This reminds each level of government to strengthen the development of revenue sources and to reduce expenditures, and we urge the public to monitor the situation of our national debt.