November 14, 2010

Per capita debt for Japanese customers stands at 7.10 million as at July 1, 2010

"The outstanding balance of Japan's central government debt hit a record high of 904.08 trillion yen at the end of June...Finance Ministry data showed Tuesday...The debt, including government bonds, borrowings, and financing bills, is equivalent to almost 1.9 times the nominal gross domestic product in fiscal 2009..Per-capita debt came to around 7.10 million yen based on Japan's estimated population of about 127.42 million as of July 1....The ministry estimates that the central government's debt is likely to reach about 973 trillion yen at the March 31 end of fiscal 2010."

Source: Japan's gov't debt tops 900 tril. yen at end of June: MOF
Mainichi Japan,
August 10, 2010

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