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Government budget and revenue in Iwakuni, Japan: official figures

The municipal government of Iwakuni took in 71.9 billion yen in fiscal 2022 (final accounts), 556,716 yen per resident, 47th highest of 262 cities.

How much does Iwakuni spend per person?

The municipal government of Iwakuni spent 69.1 billion yen in fiscal 2022, 534,970 yen per resident, 50th highest of 262 cities; revenue was 2.8 billion yen above spending.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How much tax does Iwakuni collect?

Local taxes raised 18.8 billion yen in Iwakuni in fiscal 2022, 26.1% of total revenue (145,386 yen per resident), 40th lowest of 262 cities by share; the rest came from national transfers, grants, borrowing and other income.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How financially independent is Iwakuni?

The fiscal strength index of Iwakuni was 0.56 for fiscal 2022 (a three-year average), joint 29th lowest of 261 cities. It divides standard local revenue by standard spending needs; a value of 1 or more means the city can meet its standard needs from its own revenue.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Does Iwakuni run a budget surplus?

The real balance ratio of Iwakuni was 6.5% in fiscal 2022: the year-end surplus as a share of its standard fiscal size.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How much debt does Iwakuni have?

The real debt service ratio of Iwakuni was 4.3% in fiscal 2022, the burden of repaying borrowed money (a three-year average) relative to its fiscal size.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How Iwakuni compares with other cities in Japan

Municipal spending per resident (fiscal 2022)

Iwakuni ranks 50 of 262, highest first. Final accounts of the municipal government divided by the 2020 census population

RankCityMunicipal spending per resident
47Joetsu540 thousand yen
48Kadoma538 thousand yen
49Obihiro535 thousand yen
50Iwakuni535 thousand yen
51Sendai531 thousand yen
52Yonago530 thousand yen
53Saijo527 thousand yen
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Local taxes as a share of municipal revenue (fiscal 2022)

Iwakuni ranks 223 of 262, highest first.

RankCityLocal taxes as a share of municipal revenue
220Saijo26.7%
221Aizuwakamatsu26.3%
222Imabari26.1%
223Iwakuni26.1%
224Nagaoka25.9%
225Izumisano25.4%
226Tokyo25.4%
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Fiscal strength index (fiscal 2022)

Iwakuni ranks 230 of 261, highest first. Standard local revenue divided by standard needs, a three-year average; 1 or more means no reliance on general central transfers.

RankCityFiscal strength index
227Isahaya0.57
228Aomori0.56
229Izumo0.56
230Iwakuni0.56
231Beppu0.56
232Habikino0.56
233Kiryu0.56
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

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