Medium- to Long-term Economic and Fiscal Projections for FY2025 (August 2025)

Medium- to long-term economic and fiscal projections for FY2025 (as of August 2025) by the Cabinet Office. It conducts quantitative analysis of Japan's medium- to long-term economic growth outlook and fiscal consolidation path based on multiple scenarios. It presents estimated values for the next approximately 10 years for major indicators such as real GDP growth rate, nominal GDP growth rate, inflation rate, fiscal balance, and government debt balance, functioning as fundamental data for effective management of economic and fiscal policy. It is used as important reference material in policy discussions at the Council on Economic and Fiscal Policy and budget compilation processes.

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