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TOOL · GROSS COST

How much would a basic income cost in Japan?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 110,011,344child population 14,505,306year 2023World Bank WDI

GROSS ANNUAL COST

1,125,734 million

in JPY¥1,125,734,371,200

Equal to 0.2% of reference GDP

Population covered: 124,516,650 people

Adults: 110,011,344 × ¥800 × 12 = ¥1,056,108,902,400

Children: 14,505,306 × ¥400 × 12 = ¥69,625,468,800

¥1,056,108,902,400 + ¥69,625,468,800 = ¥1,125,734,371,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $4,384,854,269,962 · World Bank WDI

Currency JPY · exchange rate 140.4911 JPY/USD (2023)

Converted cost $8,012,851,851 for the GDP share.