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Government budget and revenue in Iwata, Japan: official figures

The municipal government of Iwata took in 70.4 billion yen in fiscal 2022 (final accounts), 422,338 yen per resident, 86th lowest of 262 cities.

How much does Iwata spend per person?

The municipal government of Iwata spent 66.2 billion yen in fiscal 2022, 396,887 yen per resident, 70th lowest of 262 cities; revenue was 4.2 billion yen above spending.

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

How much tax does Iwata collect?

Local taxes raised 28.2 billion yen in Iwata in fiscal 2022, 40.1% of total revenue (169,483 yen per resident), 70th highest 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 Iwata?

The fiscal strength index of Iwata was 0.80 for fiscal 2022 (a three-year average), joint 122nd highest 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 Iwata run a budget surplus?

The real balance ratio of Iwata was 8.7% 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 Iwata have?

The real debt service ratio of Iwata was 1.7% 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 Iwata compares with other cities in Japan

Municipal spending per resident (fiscal 2022)

Iwata ranks 193 of 262, highest first. Final accounts of the municipal government divided by the 2020 census population

RankCityMunicipal spending per resident
190Fujisawa400 thousand yen
191Kawachinagano399 thousand yen
192Izumi397 thousand yen
193Iwata397 thousand yen
194Ota397 thousand yen
195Hino397 thousand yen
196Ichihara396 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)

Iwata ranks 70 of 262, highest first.

RankCityLocal taxes as a share of municipal revenue
67Osaka40.5%
68Sayama40.5%
69Toyama40.3%
70Iwata40.1%
71Takarazuka40.1%
72Kakegawa39.9%
73Kumagaya39.8%
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Fiscal strength index (fiscal 2022)

Iwata ranks 125 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
122Hiroshima0.80
123Wakayama0.80
124Fukui0.80
125Iwata0.80
126Ome0.80
127Fujimi0.80
128Onojo0.80
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

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Sources

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