🇲🇹 Malta vs 🇯🇵 Japan

Live side-by-side comparison of government debt. Japan currently owes about 628.5× as much as Malta — a gap of $8.73 trillion. Updated every second from each country's baseline figure; sources below.

Among the 135 governments tracked here, Malta ranks 87th by debt-to-GDP and Japan 1st. Measured per person, Malta is 30th and Japan 3rd.

Analysis

By total government debt, Malta ranks 114th and Japan 3rd among the 135 sovereigns tracked on this site.

On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the government debt in Japan is roughly 3.0× that in Malta ($71,304 vs $23,786 per person).

The debt-to-GDP picture is asymmetric here: Japan sits at 205% of GDP, well above Malta's 46%, meaning Japan owes far more relative to the size of its own economy — even where the nominal, dollar-for-dollar comparison above suggests otherwise.

The gap between them is narrowing: Malta's debt is growing faster in dollar terms ($41/sec vs −$15K/sec for Japan), closing the difference by roughly $1,269,129,600 per day. At that pace — and holding both growth rates constant, a simplification, since real-world rates shift with fiscal policy — the two would reach a similar total in roughly 19 years.

Scale is part of the story too: Japan's population (123M) is about 209.7× Malta's (1M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.

This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.

More Malta comparisons