Iwate Prefecture finances

岩手県の財政

Prefecture Population 1,153,900 FY2024 settlement of accounts 33 municipalities ↓
Total spending
¥758.0B
Per resident ¥656,891
Local bonds outstanding
¥1.24T
Per resident ¥1,070,942
Reserve funds
¥113.7B
Per resident ¥98,510
Fiscal strength index
0.36
Closer to 1.0 = more self-funded

Fiscal health rank among the 47 prefectures

Fiscal strength indexWorse than peers
0.36
#36 of 47 in Japan (highest first)
Median of similar municipalities 0.47
0.51.0
What this means

How much of the standard cost of public services a municipality can cover with its own tax revenue. Above 1.0, it receives no ordinary local allocation tax from the national government.

Current balance ratio
93.2%
#20 of 47 in Japan (lowest first)
Median of similar municipalities 93.8%
708090100
What this means

Recurring costs that must be paid every year (personnel, social assistance, debt service) as a share of recurring general revenue. The higher it is, the less room for new spending; above 90% is considered rigid.

Real debt service ratioWorse than peers
12.3%
#33 of 47 in Japan (lowest first)
Median of similar municipalities 11.0%
018 approval25 warning
What this means

Debt repayments relative to revenue (3-year average). At 18% or more, new borrowing needs approval; 25% or more triggers early fiscal soundness measures.

Future burden ratioWorse than peers
196.8%
#35 of 47 in Japan (lowest first)
Median of similar municipalities 159.7%
What this means

Debts and other future liabilities as a percentage of one year's standard revenue. For municipalities, 350% or more triggers early fiscal soundness measures. Zero when reserves exceed liabilities.

Local bonds outstanding per residentWorse than peers
¥1,070,942
#36 of 47 in Japan (lowest first)
Median of similar municipalities ¥820,968
What this means

Outstanding local government bonds at fiscal year-end divided by the population.

Reserve funds per residentBetter than peers
¥98,510
#12 of 47 in Japan (highest first)
Median of similar municipalities ¥72,828
What this means

Fiscal adjustment, debt reduction and special-purpose funds at fiscal year-end divided by the population.

Own-source revenue ratioWorse than peers
45.5%
#29 of 47 in Japan (highest first)
Median of similar municipalities 48.8%
What this means

The share of revenue the municipality raises itself: taxes, fees, charges and similar.

Fiscal adjustment fund ratioBetter than peers
7.9%
#17 of 47 in Japan (highest first)
Median of similar municipalities 6.4%
What this means

The freely usable reserve (fiscal adjustment fund) as a percentage of standard annual revenue. Around 10–20% is considered comfortable.

Revenue ¥804.9B · per resident ¥697,571

Local taxes 21.3%Shared taxes and grants 4.2%Local allocation tax 29.4%National subsidies 14.2%Borrowing (local bonds) 6.6%Donations 0.0%Other 24.2%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥171.5B¥148,61621.3%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥34.0B¥29,4354.2%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥236.8B¥205,19829.4%
National subsidies
National treasury disbursements for specific programs
¥114.5B¥99,23514.2%
Borrowing (local bonds)
New borrowing during the year
¥53.4B¥46,2446.6%
Donations
Including hometown tax (furusato nozei)
¥386M¥3340.0%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥194.4B¥168,50824.2%

Spending by function per resident

This municipalityMedian of prefectures (47)
FunctionAmountPer residentPeer medianShare
Education
Schools, libraries, community centers, sports facilities
¥141.1B¥122,247¥104,41218.6%
Welfare
Elderly, children, people with disabilities, public assistance
¥97.2B¥84,215¥80,86412.8%
Debt service
Repayment of principal and interest on local bonds
¥94.6B¥82,014¥64,58612.5%
Commerce & tourism
Business attraction, shopping streets, tourism
¥92.6B¥80,280¥53,52512.2%
Public works
Roads, bridges, parks, sewers, public housing
¥81.2B¥70,337¥66,10810.7%
Agriculture, forestry & fisheries¥65.0B¥56,313¥31,0618.6%
Health & sanitation
Health checks, vaccinations, waste disposal
¥60.3B¥52,232¥19,9588.0%
General administration
Office management, tax collection, family registers, elections
¥44.7B¥38,713¥33,3995.9%
Police
Prefectures only
¥29.2B¥25,331¥26,3833.9%
Disaster recovery¥10.6B¥9,224¥2,9121.4%
Labor¥3.6B¥3,101¥1,4360.5%
Assembly¥1.4B¥1,219¥8730.2%
その他¥7M¥6¥00.0%
Fire & emergency¥0¥0¥00.0%

Welfare spending

Children
¥25.4B
Per resident ¥22,025 (median ¥19,268)
Elderly
¥41.0B
Per resident ¥35,512 (median ¥34,452)
Social welfare
¥28.0B
Per resident ¥24,229 (median ¥23,130)
Public assistance
¥2.6B
Per resident ¥2,255 (median ¥1,753)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 37.1% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥500K¥1.0M¥1.5M2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.300.350.400.450.502015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

88%90%92%95%98%100%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

1,150K1,200K1,250K1,300K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20241,153,900¥758.0B¥1.24T¥113.7B0.3693.2%12.3%
FY20231,172,349¥756.7B¥1.27T¥118.1B0.3592.6%12.7%
FY20221,189,670¥824.7B¥1.30T¥111.6B0.3594.2%12.8%
FY20211,206,479¥916.6B¥1.33T¥101.3B0.3688.2%13.3%
FY20201,221,205¥1.00T¥1.34T¥73.5B0.3794.9%13.7%
FY20191,235,517¥919.3B¥1.34T¥87.0B0.3796.3%15.3%
FY20181,250,142¥957.8B¥1.35T¥97.1B0.3696.2%16.7%
FY20171,264,329¥987.0B¥1.37T¥117.0B0.3697.6%18.2%
FY20161,277,271¥1.01T¥1.40T¥137.3B0.3596.9%19.5%
FY20151,289,470¥1.02T¥1.43T¥178.3B0.3497.4%20.5%

Municipalities in Iwate Prefecture FY2024 · click a column to sort

Amounts per resident. See also the fiscal strength ranking and debt per resident ranking in Iwate Prefecture.

MunicipalityPopulationFiscal strengthCurrent balanceDebt serviceDebt per residentReserves per residentSpending per resident
Morioka City 盛岡市 277,423 0.70 96.4% — ¥502,832 ¥44,434 ¥479,000
Miyako City 宮古市 45,632 0.36 94.9% — ¥938,293 ¥291,255 ¥834,593
Ofunato City 大船渡市 32,059 0.44 95.8% — ¥699,215 ¥298,764 ¥707,598
Hanamaki City 花巻市 89,867 0.47 90.7% — ¥546,069 ¥170,476 ¥674,430
Kitakami City 北上市 91,090 0.95 93.8% — ¥479,527 ¥100,194 ¥528,305
Kuji City 久慈市 31,216 0.40 93.2% — ¥648,330 ¥99,476 ¥719,324
Tono City 遠野市 23,930 0.33 93.1% — ¥707,788 ¥177,021 ¥830,483
Ichinoseki City 一関市 105,505 0.37 94.1% — ¥589,051 ¥192,224 ¥696,529
Rikuzentakata City 陸前高田市 17,226 0.32 92.1% — ¥695,514 ¥858,614 ¥985,583
Kamaishi City 釜石市 28,934 0.49 99.0% — ¥651,445 ¥381,512 ¥783,500
Ninohe City 二戸市 24,157 0.37 95.8% — ¥702,857 ¥172,776 ¥796,378
Hachimantai City 八幡平市 23,179 0.31 94.2% — ¥521,815 ¥215,022 ¥825,105
Oshu City 奥州市 107,798 0.44 96.2% — ¥465,872 ¥105,383 ¥592,321
Takizawa City 滝沢市 54,413 0.57 89.2% — ¥299,652 ¥78,003 ¥420,523
Shizukuishi Town 雫石町 14,995 0.38 99.6% — ¥557,613 ¥223,694 ¥779,544
Kuzumaki Town 葛巻町 5,293 0.17 90.5% — ¥2,120,282 ¥1,144,974 ¥1,331,317
Iwate Town 岩手町 11,542 0.33 92.2% — ¥794,624 ¥97,912 ¥834,810
Shiwa Town 紫波町 32,684 0.46 93.9% — ¥343,544 ¥92,491 ¥516,718
Yahaba Town 矢巾町 26,160 0.66 95.1% — ¥371,073 ¥73,269 ¥495,538
Nishiwaga Town 西和賀町 4,659 0.14 91.8% — ¥1,727,666 ¥886,216 ¥1,619,487
Kanegasaki Town 金ケ崎町 15,119 0.64 84.3% — ¥409,728 ¥289,266 ¥714,204
Hiraizumi Town 平泉町 6,734 0.31 96.6% — ¥715,925 ¥230,588 ¥766,931
Sumita Town 住田町 4,681 0.22 81.2% — ¥1,013,695 ¥1,309,267 ¥1,210,816
Otsuchi Town 大槌町 10,492 0.28 96.1% — ¥551,803 ¥1,407,828 ¥1,134,464
Yamada Town 山田町 13,854 0.31 95.9% — ¥987,449 ¥448,099 ¥919,200
Iwaizumi Town 岩泉町 7,843 0.16 90.2% — ¥1,438,477 ¥929,417 ¥1,496,401
Tanohata Village 田野畑村 2,888 0.15 92.5% — ¥1,644,806 ¥1,499,646 ¥1,263,280
Fudai Village 普代村 2,293 0.14 98.5% — ¥2,002,853 ¥826,857 ¥2,145,765
Karumai Town 軽米町 7,907 0.35 92.9% — ¥1,110,635 ¥387,193 ¥846,307
Noda Village 野田村 3,901 0.20 90.1% — ¥1,450,557 ¥1,008,574 ¥1,621,227
Kunohe Village 九戸村 5,084 0.20 90.5% — ¥1,034,036 ¥1,048,472 ¥979,250
Hirono Town 洋野町 14,739 0.26 94.5% — ¥624,024 ¥335,376 ¥774,435
Ichinohe Town 一戸町 10,603 0.34 94.8% — ¥694,838 ¥264,557 ¥849,272

Source: Ministry of Internal Affairs and Communications, settlement of accounts of prefectures and municipalities (ordinary accounts), processed by Zaisei Zukan.