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Government budget and revenue in Wakayama, Japan: official figures

The municipal government of Wakayama took in 167.0 billion yen in fiscal 2022 (final accounts), 468,039 yen per resident, 128th highest of 262 cities.

How much does Wakayama spend per person?

The municipal government of Wakayama spent 165.0 billion yen in fiscal 2022, 462,659 yen per resident, 115th highest of 262 cities; revenue was 1.9 billion yen above spending.

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

How much tax does Wakayama collect?

Local taxes raised 59.0 billion yen in Wakayama in fiscal 2022, 35.3% of total revenue (165,375 yen per resident), 126th 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 Wakayama?

The fiscal strength index of Wakayama 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 Wakayama run a budget surplus?

The real balance ratio of Wakayama was 1.9% 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 Wakayama have?

The real debt service ratio of Wakayama was 9.4% 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 Wakayama compares with other cities in Japan

Municipal spending per resident (fiscal 2022)

Wakayama ranks 115 of 262, highest first. Final accounts of the municipal government divided by the 2020 census population

RankCityMunicipal spending per resident
112Itami464 thousand yen
113Hikone463 thousand yen
114Takasaki463 thousand yen
115Wakayama463 thousand yen
116Chikusei463 thousand yen
117Kiryu462 thousand yen
118Tama462 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)

Wakayama ranks 126 of 262, highest first.

RankCityLocal taxes as a share of municipal revenue
123Ichinomiya35.6%
124Tsu35.6%
125Hirakata35.4%
126Wakayama35.3%
127Takatsuki35.0%
128Nagano35.0%
129Akashi35.0%
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Fiscal strength index (fiscal 2022)

Wakayama ranks 123 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
120Kuwana0.81
121Higashikurume0.81
122Hiroshima0.80
123Wakayama0.80
124Fukui0.80
125Iwata0.80
126Ome0.80
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

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