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Economy of Japan vs Slovakia compared: GDP & Debt

Updated on by Georank

Japan has a GDP of $4.44T compared to $155B for Slovakia, ranking 4/197 and 60/197 by economy size, respectively.

Japan has $9.16T in government debt (206.5% of GDP), compared to $95.3B (61.6% of GDP) in Slovakia.

Japan vs Slovakia GDP by year

Japan
Slovakia
1x
Year GDP, current $
Japan Slovakia
2025 $4,435,162,999,977 $154,530,066,507
2024 $4,190,008,188,359 $140,934,076,532
2023 $4,384,854,269,962 $133,578,518,424
2022 $4,447,976,207,315 $115,792,972,358
2021 $5,225,933,520,753 $120,511,265,913
2020 $5,189,197,543,645 $107,732,602,896
2019 $5,245,755,000,479 $105,843,498,304
2018 $5,154,293,721,630 $106,611,673,365
2017 $5,038,231,631,661 $95,978,130,735
2016 $5,110,357,383,254 $90,347,173,229
2015 $4,534,438,580,495 $89,178,548,717
2014 $4,985,763,289,561 $101,713,075,599
2013 $5,272,297,037,397 $99,134,277,850
2012 $6,333,803,928,788 $94,724,394,278
2011 $6,279,422,550,219 $99,705,104,723
2010 $5,811,578,109,447 $91,112,160,801
2009 $5,336,765,697,589 $89,342,984,698
2008 $5,160,197,175,876 $96,685,492,864
2007 $4,624,670,179,655 $77,019,443,089
2006 $4,648,058,930,707 $57,111,148,619
2005 $4,875,648,486,366 $48,823,790,951
2004 $4,941,485,123,807 $42,960,730,480
2003 $4,573,413,206,709 $33,761,723,946
2002 $4,245,946,980,572 $24,768,142,566
2001 $4,438,792,748,062 $21,377,597,035
2000 $5,042,381,838,343 $20,626,538,612
1999 $4,688,983,449,627 $20,813,421,086
1998 $4,150,359,076,370 $22,911,708,405
1997 $4,579,780,793,432 $22,026,728,498
1996 $5,021,441,618,840 $21,864,845,214
1995 $5,639,649,753,986 $20,306,095,054
1994 $5,104,063,486,348 $16,187,735,322
1993 $4,632,480,515,091 $13,991,963,247
1992 $4,064,529,567,505 $12,932,972,789
1991 $3,724,887,648,862 $11,952,983,608
1990 $3,252,994,239,867 $17,068,924,602
1989 $3,174,934,735,896 -
1988 $3,191,546,727,316 -
1987 $2,635,094,473,494 -
1986 $2,164,729,071,349 -
1985 $1,457,070,301,468 -
1984 $1,374,165,212,365 -
1983 $1,297,622,008,229 -
1982 $1,183,132,285,328 -
1981 $1,271,443,597,067 -
1980 $1,153,159,955,513 -
1979 $1,100,608,979,757 -
1978 $1,057,419,758,047 -
1977 $752,590,681,822 -
1976 $611,495,350,304 -
1975 $544,082,569,364 -
1974 $500,355,087,138 -
1973 $450,756,970,744 -
1972 $331,776,379,992 -
1971 $250,530,994,765 -
1970 $221,798,003,144 -
1969 $188,179,852,753 -
1968 $160,201,483,788 -
1967 $135,265,319,098 -
1966 $115,427,351,851 -
1965 $99,387,878,008 -
1964 $89,332,989,729 -
1963 $75,945,582,324 -
1962 $66,356,388,224 -
1961 $58,472,696,006 -
1960 $48,417,804,545 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/japan/slovakia | CC BY

GDP per capita in Japan vs Slovakia by year

Japan
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Japan Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,951 - $28,544 -
2024 $33,797 $52,039 $25,993 $48,132
2023 $35,215 $50,662 $24,615 $45,974
2022 $35,548 $47,192 $21,318 $41,562
2021 $41,581 $44,355 $22,123 $38,346
2020 $41,099 $42,426 $19,735 $35,328
2019 $41,425 $42,678 $19,406 $33,986
2018 $40,645 $42,142 $19,573 $31,510
2017 $39,680 $41,444 $17,646 $30,246
2016 $40,215 $40,597 $16,636 $29,868
2015 $35,665 $40,899 $16,442 $30,148
2014 $39,173 $39,555 $18,771 $29,108
2013 $41,369 $39,402 $18,313 $28,075
2012 $49,627 $37,606 $17,517 $27,023
2011 $49,122 $36,214 $18,469 $26,202
2010 $45,378 $35,336 $16,899 $25,382
2009 $41,678 $33,543 $16,587 $23,077
2008 $40,294 $35,274 $17,974 $23,714
2007 $36,130 $35,015 $14,330 $21,232
2006 $36,354 $33,632 $10,629 $18,906
2005 $38,159 $32,170 $9,087 $16,570
2004 $38,678 $30,832 $7,997 $15,166
2003 $35,809 $29,392 $6,283 $14,088
2002 $33,316 $28,624 $4,606 $13,292
2001 $34,910 $27,943 $3,974 $12,367
2000 $39,753 $27,288 $3,828 $11,370
1999 $37,029 $25,736 $3,857 $10,726
1998 $32,835 $25,508 $4,250 $10,666
1997 $36,331 $25,619 $4,092 $10,137
1996 $39,930 $24,999 $4,069 $9,500
1995 $44,947 $23,858 $3,787 $8,812
1994 $40,774 $22,823 $3,028 $8,178
1993 $37,111 $22,168 $2,627 $7,569
1992 $32,667 $21,825 $2,438 $7,270
1991 $30,048 $21,227 $2,254 $7,623
1990 $26,345 $19,912 $3,221 $8,638
1989 $25,798 - - -
1988 $26,037 - - -
1987 $21,587 - - -
1986 $17,819 - - -
1985 $12,058 - - -
1984 $11,443 - - -
1983 $10,876 - - -
1982 $9,986 - - -
1981 $10,806 - - -
1980 $9,872 - - -
1979 $9,497 - - -
1978 $9,202 - - -
1977 $6,609 - - -
1976 $5,422 - - -
1975 $4,876 - - -
1974 $4,542 - - -
1973 $4,147 - - -
1972 $3,095 - - -
1971 $2,370 - - -
1970 $2,145 - - -
1969 $1,841 - - -
1968 $1,586 - - -
1967 $1,354 - - -
1966 $1,168 - - -
1965 $1,015 - - -
1964 $922 - - -
1963 $792 - - -
1962 $699 - - -
1961 $622 - - -
1960 $519 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/japan/slovakia | CC BY

Japan's GDP per capita is $35,951, ranking 34/197, compared to $28,544 in Slovakia, ranking 46/197. Adjusted for purchasing power (GDP per capita PPP), Japan ranks 41st at $52,039, while Slovakia ranks 49th at $48,132.

Economic indicators

Japan Slovakia
Gross domestic product
$4.44T
2025
$155B
2025
GDP rank
4/197
2025
60/197
2025
GDP growth
1.19%
2024-2025
0.81%
2024-2025
GDP per capita
$35,951
2025
$28,544
2025
GDP per capita rank
34/197
2025
46/197
2025
GDP per capita, PPP
$52,039
2024
$48,132
2024
GDP per capita PPP rank
41/197
2024
49/197
2024
Government debt
$9.16T
2025
$95.3B
2025
Debt-to-GDP ratio
206.5%
2025
61.6%
2025
Government debt per person
$74,248
2025
$17,597
2025
Government debt per person rank
3/185
2025
36/185
2025
Average annual personal income after taxes
$22,962
2026
$17,518
2026
Market capitalization of domestic companies
$7.61T
2025
$5.38B
2014
Number of millionaires
2,902,000
2026
n/a
Number of billionaires
41
2026
2
2026
Income share by richest 10%
24.3%
2020
18.8%
2023
Income share by poorest 10%
2.3%
2020
3.3%
2023
Government expenditure, % of GDP
36.9%
2025
48.7%
2025
Consumer prices inflation
3.17%
2024-2025
4%
2024-2025
Central bank interest rate
0.75%
2025
n/a
Unemployment rate
2.5%
2025
5.4%
2025
Population
122704252
5376239

Spending and national debt comparison by year

Japan
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Japan Slovakia
Government spending Government debt Government spending Government debt
2025 36.9% 206.5% 48.7% 61.6%
2024 37.3% 214.5% 47.5% 59.7%
2023 37.8% 220.3% 48.2% 55.8%
2022 40.2% 227.8% 43.1% 57.8%
2021 41.3% 222.7% 44.8% 60.2%
2020 43.6% 228.8% 44.5% 58.4%
2019 36.4% 206.3% 40.6% 48%
2018 36% 203.7% 39.7% 49.3%
2017 35.9% 203.1% 39.8% 51.4%
2016 36.5% 202.1% 40.9% 52.1%
2015 36.6% 200.1% 44.1% 51.6%
2014 37.8% 203.6% 42% 53.4%
2013 38.4% 201.2% 41.1% 54.6%
2012 38.4% 197.1% 40% 51.7%
2011 38.4% 190.6% 40.8% 43.3%
2010 37.4% 178.6% 41% 40.7%
2009 38.3% 172.9% 43.2% 36.4%
2008 33.7% 153.6% 36.5% 28.6%
2007 32.8% 150.4% 35.9% 30.4%
2006 32.7% 152.1% 38.2% 31.5%
2005 33.2% 153.4% 39.1% 35%
2004 33.3% 148.8% 38.4% 42%
2003 34.6% 140.2% 40% 43.6%
2002 34.9% 134.6% 46% 45.6%
2001 34.7% 126.8% 46.2% 51.4%
2000 35.4% 118.5% 53.2% 50.6%
1999 35.2% 113.5% 48.4% 47.1%
1998 38.1% 101.6% 46.2% 33.9%
1997 32.4% 91.3% 48.6% 32.8%
1996 33.1% 85.3% 52.8% 30.3%
1995 32.8% 80.7% 47.8% 21.3%
1994 32.1% 73.3% - -
1993 31.4% 63.2% - -
1992 29.6% 57.9% - -
1991 28.6% 54.1% - -
1990 28.8% 54.8% - -
1989 29.2% 65.7% - -
1988 29.9% 71.9% - -
1987 30.6% 75.8% - -
1986 30.4% 74.1% - -
1985 30.4% 68.3% - -
1984 31.2% 65.6% - -
1983 31.8% 63.5% - -
1982 31.7% 57.7% - -
1981 31.5% 52.8% - -
1980 33.5% 47.8% - -
1979 33.2% 43.8% - -
1978 32.1% 39% - -
1977 30.4% 31.1% - -
1976 29.1% 26.1% - -
1975 28.5% 20.9% - -
1974 25.5% 16.7% - -
1973 23.3% 15.9% - -
1972 23.1% 16.3% - -
1971 21.8% 12.6% - -
1970 20.2% 11.2% - -
1969 19.8% 11.4% - -
1968 20.1% 11.8% - -
1967 19.9% 11.4% - -
1966 20.8% 11.2% - -
1965 20.4% 9.78% - -
1964 19.8% 8.53% - -
1963 20% 8.66% - -
1962 19.4% 9.01% - -
1961 18.2% 8.44% - -
1960 18.4% 10.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/japan/slovakia | CC BY

In 2025, Japan's government spending was $1.63T, accounting for 36.9% of its GDP, while Slovakia spent $75.3B, or 48.7% of GDP.

Debt-to-GDP ratio is 206.5% in Japan and 61.6% in Slovakia, ranking 3/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Japan

Slovakia
1x
Year Deficit/surplus, % of GDP
Japan Slovakia
2025 -1.05% -5.02%
2024 -1.67% -5.5%
2023 -2.39% -5.3%
2022 -4.23% -1.56%
2021 -6.32% -5.09%
2020 -9.04% -5.3%
2019 -3.05% -1.21%
2018 -2.44% -1.01%
2017 -3.05% -0.98%
2016 -3.58% -2.59%
2015 -3.64% -2.78%
2014 -5.58% -3.25%
2013 -7.62% -2.86%
2012 -8.22% -4.37%
2011 -9.02% -4.36%
2010 -9.05% -7.44%
2009 -9.62% -8.18%
2008 -4.07% -2.54%
2007 -2.86% -2.26%
2006 -3% -3.57%
2005 -4.39% -2.86%
2004 -5.26% -2.36%
2003 -7.35% -2.28%
2002 -7.22% -8.35%
2001 -6.11% -7.74%
2000 -7.17% -12.7%
1999 -6.68% -7.25%
1998 -9.91% -5.37%
1997 -3.44% -6.24%
1996 -4.75% -9.72%
1995 -4.22% -3.43%
1994 -3.7% -
1993 -2.34% -
1992 0.56% -
1991 1.64% -
1990 1.91% -
1989 1.23% -
1988 0.49% -
1987 -0.36% -
1986 -1.36% -
1985 -1.37% -
1984 -2.62% -
1983 -3.95% -
1982 -3.81% -
1981 -3.85% -
1980 -4.66% -
1979 -5% -
1978 -5.79% -
1977 -4.02% -
1976 -3.89% -
1975 -2.92% -
1974 0.38% -
1973 0.56% -
1972 -0.13% -
1971 1.21% -
1970 1.74% -
1969 1.26% -
1968 0.88% -
1967 0.8% -
1966 -0.34% -
1965 0.48% -
1964 0.85% -
1963 1.08% -
1962 1.49% -
1961 2.58% -
1960 1.85% -
1959 0.97% -
1958 -0.1% -
1957 1.27% -
1956 1.39% -
1955 -0.67% -
1954 0.7% -
1953 1.65% -
1952 2.22% -
1951 5.06% -
1950 6.99% -
1949 12.5% -
1948 7.53% -
1947 6.09% -
1946 - -
1945 - -
1944 - -
1943 0.32% -
1942 -0.13% -
1941 -0.19% -
1940 0.31% -
1939 0.11% -
1938 0.45% -
1937 0.71% -
1936 0.34% -
1935 0.26% -
1934 0.34% -
1933 0.28% -
1932 0.31% -
1931 0.23% -
1930 0.19% -
1929 0.5% -
1928 0.42% -
1927 0.58% -
1926 0.65% -
1925 0.75% -
1924 0.84% -
1923 0.87% -
1922 0.89% -
1921 1.43% -
1920 1.19% -
1919 1.21% -
1918 1.58% -
1917 1.54% -
1916 1.37% -
1915 1.41% -
1914 1.31% -
1913 1.21% -
1912 1.27% -
1911 1.21% -
1910 1.57% -
1909 1.51% -
1908 1.63% -
1907 1.77% -
1906 0.46% -
1905 -0.68% -
1904 -0.81% -
1903 0.19% -
1902 0.44% -
1901 0.21% -
1900 0.53% -
1899 0.2% -
1898 0.6% -
1897 0.33% -
1896 0.88% -
1895 0.28% -
1894 -0.24% -
1893 0.6% -
1892 0.63% -
1891 0.61% -
1890 0.74% -
1889 0.18% -
1888 0.13% -
1887 0.11% -
1886 0.03% -
1885 0.01% -
1884 0.001% -
1883 0.03% -
1882 0.001% -
1881 0.001% -
1880 0.004% -
1879 0.02% -
1878 0.02% -
1877 -0.29% -
1876 -0.42% -
1875 0.005% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1875–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/japan/slovakia | CC BY

In 2025, Japan's government deficit, the difference between spending and revenue, was $46.7B, equivalent to 1.05% of GDP. This compares to Slovakia's deficit of $7.75B, or 5.02% of GDP.

Over the past 31 years, Japan recorded a fiscal deficit in 31 of those years, while Slovakia ran a deficit in 31 years. On average, Japan posted an annual deficit equal to 5.35% of GDP, compared to deficit of 4.63% of GDP for Slovakia.

Inflation comparison by year

Inflation
Japan

Slovakia
1x
Year Consumer prices inflation
Japan Slovakia
2025 3.17% 4%
2024 2.74% 2.76%
2023 3.27% 10.5%
2022 2.5% 12.8%
2021 -0.23% 3.15%
2020 -0.02% 1.94%
2019 0.47% 2.66%
2018 0.99% 2.51%
2017 0.48% 1.31%
2016 -0.13% -0.52%
2015 0.8% -0.33%
2014 2.76% -0.08%
2013 0.34% 1.4%
2012 -0.04% 3.61%
2011 -0.27% 3.92%
2010 -0.73% 0.96%
2009 -1.35% 1.62%
2008 1.38% 4.6%
2007 0.06% 2.76%
2006 0.25% 4.48%
2005 -0.28% 2.71%
2004 -0.009% 7.55%
2003 -0.26% 8.55%
2002 -0.92% 3.13%
2001 -0.74% 7.33%
2000 -0.68% 12%
1999 -0.34% 10.6%
1998 0.66% 6.67%
1997 1.75% 6.14%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/japan/slovakia | CC BY

Over the past 29 years, Japan has recorded an average annual inflation rate of 0.54%, compared with 4.44% in Slovakia. In 2025, inflation was 3.17% in Japan and 4% in Slovakia.

Top exports between countries

Japan
Export category Export value
Machinery & equipment $99.4M
Miscellaneous $47.7M
Raw materials & minerals $10.8M
Chemicals & pharma $5.56M
Textiles & consumer goods $4.4M
Metals $2.79M
Processed food, beverages & tobacco $2.33M
Raw agricultural goods $760K
Wood & paper products $400K
Precious metals & jewellery $388K
Slovakia
Export category Export value
Machinery & equipment $378M
IT & IP services $95.7M
Textiles & consumer goods $8.61M
Chemicals & pharma $3.76M
Business & finance services $3.63M
Raw materials & minerals $2.65M
Transport & tourism services $2.49M
Metals $2.25M
Precious metals & jewellery $1.12M
Processed food, beverages & tobacco $581K

Balance of trade

Japan Slovakia
Current account balance
$216B
2025
-$5.6B
2025
Current account balance ranking
3/190
2025
165/190
2025
Current account balance, % of GDP
+4.86%
2025
-3.63%
2025
Goods imports
$729B
2025
$117B
2025
Goods exports
$725B
2025
$117B
2025
Service imports
$269B
2025
$14.3B
2025
Service exports
$246B
2025
$14.7B
2025
Imports of goods and services, % of GDP
22.9%
2024
85.2%
2025
Exports of goods and services, % of GDP
22%
2024
85.1%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Japan Slovakia
Economic freedom 70.3 67.7
Economic freedom ranking 36/197 54/197
Property rights 94.2 82.6
Government integrity 81.1 57.2
Judicial effectiveness 97.9 70.5
Tax burden 63 75.4
Government spending 52 36.4
Fiscal health 41.7 69.6
Business freedom 77.8 71.1
Labor freedom 65.9 55.1
Monetary freedom 74.3 69.7
Trade freedom 76.2 79.4
Investment freedom 60 75
Financial freedom 60 70

Economic freedom comparison by year

Japan
Slovakia
1x
Year Economic freedom index
Japan Slovakia
2026 70.3 67.7
2025 70.2 68.4
2024 67.5 68.1
2023 69.3 69
2022 69.9 69.7
2021 74.1 66.3
2020 73.3 66.8
2019 72.1 65
2018 72.3 65.3
2017 69.6 65.7
2016 73.1 66.6
2015 73.3 67.2
2014 72.4 66.4
2013 71.8 68.7
2012 71.6 67
2011 72.8 69.5
2010 72.9 69.7
2009 72.8 69.4
2008 73 70
2007 72.7 69.6
2006 73.3 69.8
2005 67.3 66.8
2004 64.3 64.6
2003 67.6 59
2002 66.7 59.8
2001 70.9 58.5
2000 70.7 53.8
1999 69.1 54.2
1998 70.2 57.5
1997 70.3 55.5
1996 72.6 57.6
1995 75 60.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/japan/slovakia | CC BY

The Economic Freedom Index for Japan is 70.3, ranking 36/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Japan Slovakia
Services, % of GDP
71.4%
2024
59.8%
2025
Industry, % of GDP
26.8%
2024
28.1%
2025
Agriculture, forestry, and fishing, % of GDP
0.96%
2024
1.59%
2025
GNI, Atlas method
$4.73T
2025
$143B
2025
GNI per capita, PPP
$58,920
2025
$47,920
2025
Total reserves including gold
$1.37T
2025
$18.2B
2025
Total reserves ranking
3/177
2025
69/177
2025
Net foreign direct investment
$172B
2025
-$198M
2025
Net inflows of foreign direct investment
$18.9B
2024
$5.01B
2024
Net outflows of foreign direct investment
$207B
2024
$2.24B
2024
Poverty at national poverty lines
16.1%
2020
13.7%
2021
Gross capital formation, % of GDP
27.7%
2024
20.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/japan/slovakia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1875–1989, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.