Japan planned to spend an estimated 43 trillion Japanese yen on its defense program from the fiscal year 2023 to 2027. This was a considerable increase compared to the defense budget of the previous medium-term defense program.
Medium-term defense program expenditure in Japan from fiscal year 2019 to 2027, by category
(in trillion Japanese yen)
Characteristic
Standard defense capabilities maintenance
Annual governmental budget allocated for defense-related expenditure
Contract funds related to newly established projects (cost of equipment)
fiscal year 2019 to 2027; the fiscal year started on April 1 of the stated year and ended on March 31 of the following year
Special properties
estimates
Supplementary notes
Budget plans for defense expenditure in Japan come in five-year installments through a program called the "medium-term defense program." The fiscal year 2023 is the transition year to the next medium-term defense program.
100 Japanese yen equal 0.76 U.S. dollars or 0.71 euros as of January 2023. Values have been rounded.
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Ministry of Finance Japan. (December 23, 2022). Medium-term defense program expenditure in Japan from fiscal year 2019 to 2027, by category (in trillion Japanese yen) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1359332/japan-expenditure-medium-term-defense-program-by-category/
Ministry of Finance Japan. "Medium-term defense program expenditure in Japan from fiscal year 2019 to 2027, by category (in trillion Japanese yen)." Chart. December 23, 2022. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1359332/japan-expenditure-medium-term-defense-program-by-category/
Ministry of Finance Japan. (2022). Medium-term defense program expenditure in Japan from fiscal year 2019 to 2027, by category (in trillion Japanese yen). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1359332/japan-expenditure-medium-term-defense-program-by-category/
Ministry of Finance Japan. "Medium-term Defense Program Expenditure in Japan from Fiscal Year 2019 to 2027, by Category (in Trillion Japanese Yen)." Statista, Statista Inc., 23 Dec 2022, https://www.statista.com/statistics/1359332/japan-expenditure-medium-term-defense-program-by-category/
Ministry of Finance Japan, Medium-term defense program expenditure in Japan from fiscal year 2019 to 2027, by category (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1359332/japan-expenditure-medium-term-defense-program-by-category/ (last visited November 03, 2024)
Medium-term defense program expenditure in Japan from fiscal year 2019 to 2027, by category (in trillion Japanese yen) [Graph], Ministry of Finance Japan, December 23, 2022. [Online]. Available: https://www.statista.com/statistics/1359332/japan-expenditure-medium-term-defense-program-by-category/