In the fiscal year 2023, the initial budget for local allocation tax (LAT) grants expenditure of the general account budget in Japan amounted to approximately 16.4 trillion Japanese yen, slightly down from the initial budget of the previous fiscal year. In general, the revised final budget number of each fiscal year trends higher than its initially announced number. In fiscal 2022, this effect caused revision of the final budget to increase to approximately 19.6 trillion yen, the highest amount of the past decade.
Local allocation tax (LAT) grants expenditures of the government's general account budget in Japan from fiscal year 2014 to 2023
(in trillion Japanese yen)
Characteristic
Expenditure in trillion Japanese yen
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fiscal years 2014 to 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Supplementary notes
*Revised budget. **Initial budget. Excluding the Temporal and Special Measures.
According to the source, Japan's national budget consists of the general account, special accounts, and the budget for government-affiliated agencies. The general account covers core national expenditures such as public works or social security.
Data from 2012, 2013, 2014, 2016, 2017, and 2018 comes from previous reporting.
100 Japanese yen equal 0.67 U.S. dollars or 0.62 euros as of December 2023. Values have been rounded.
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Statistics Bureau of Japan. (September 29, 2023). Local allocation tax (LAT) grants expenditures of the government's general account budget in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/630382/japan-general-account-budget-local-allocation-tax-grants-expenditures/
Statistics Bureau of Japan. "Local allocation tax (LAT) grants expenditures of the government's general account budget in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen)." Chart. September 29, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/630382/japan-general-account-budget-local-allocation-tax-grants-expenditures/
Statistics Bureau of Japan. (2023). Local allocation tax (LAT) grants expenditures of the government's general account budget in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/630382/japan-general-account-budget-local-allocation-tax-grants-expenditures/
Statistics Bureau of Japan. "Local Allocation Tax (Lat) Grants Expenditures of The Government's General Account Budget in Japan from Fiscal Year 2014 to 2023 (in Trillion Japanese Yen)." Statista, Statista Inc., 29 Sep 2023, https://www.statista.com/statistics/630382/japan-general-account-budget-local-allocation-tax-grants-expenditures/
Statistics Bureau of Japan, Local allocation tax (LAT) grants expenditures of the government's general account budget in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/630382/japan-general-account-budget-local-allocation-tax-grants-expenditures/ (last visited July 03, 2024)
Local allocation tax (LAT) grants expenditures of the government's general account budget in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen) [Graph], Statistics Bureau of Japan, September 29, 2023. [Online]. Available: https://www.statista.com/statistics/630382/japan-general-account-budget-local-allocation-tax-grants-expenditures/