Japan's national debt tops 10m yen per capita for first time

Borrowing reaches record at end of June as Tokyo combats COVID, inflation

20220810N yen notes

Japan's debt load remains an outlier among advanced economies at more than twice the country's gross domestic product.

YUKI FUJITA, Nikkei staff writer

TOKYO -- Japan's government debt per capita surpassed 10 million yen, or roughly $75,000, for the first time at the end of June, data released Wednesday shows, as Tokyo poured money into tackling both the coronavirus pandemic and inflation.

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