Wakayama Prefecture finances and its 30 municipalities (FY2024)

Fiscal health rank among the 47 prefectures

Fiscal strength indexWorse than peers

0.33

#43 of 47 in Japan (highest first)

Median of similar municipalities 0.47

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

94.4%

#29 of 47 in Japan (lowest first)

Median of similar municipalities 93.8%

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 ratio

10.8%

#21 of 47 in Japan (lowest first)

Median of similar municipalities 11.0%

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

200.3%

#36 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

¥1,178,344

#44 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

¥91,499

#13 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

42.0%

#37 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 ratioWorse than peers

4.7%

#35 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 ¥662.0B · per resident ¥734,621

Local taxes 19.1%Shared taxes and grants 3.8%Local allocation tax 29.3%National subsidies 14.5%Borrowing (local bonds) 10.3%Donations 0.0%Other 22.9%

Source	Amount	Per resident	Share
Local taxes Resident tax, fixed asset tax and other taxes paid by residents and businesses	¥126.6B	¥140,453	19.1%
Shared taxes and grants Portions of national and prefectural taxes distributed to municipalities	¥25.2B	¥27,913	3.8%
Local allocation tax Unconditional transfers from the national government to municipalities with smaller tax bases	¥194.3B	¥215,577	29.3%
National subsidies National treasury disbursements for specific programs	¥95.7B	¥106,233	14.5%
Borrowing (local bonds) New borrowing during the year	¥68.5B	¥76,029	10.3%
Donations Including hometown tax (furusato nozei)	¥162M	¥180	0.0%
Other Fees, charges, transfers from reserves, carry-overs and other revenue	¥151.6B	¥168,238	22.9%

Spending by function per resident

This municipalityMedian of prefectures (47)

Public works

¥146K

Education

¥119K

Welfare

¥94K

Debt service

¥86K

Commerce & tourism

¥78K

General administration

¥56K

Police

¥32K

Agriculture, forestry & fisheries

¥30K

Health & sanitation

¥26K

Disaster recovery

¥12K

Function	Amount	Per resident	Peer median	Share
Public works Roads, bridges, parks, sewers, public housing	¥131.6B	¥146,000	¥66,108	20.4%
Education Schools, libraries, community centers, sports facilities	¥107.2B	¥118,946	¥104,412	16.6%
Welfare Elderly, children, people with disabilities, public assistance	¥84.5B	¥93,813	¥80,864	13.1%
Debt service Repayment of principal and interest on local bonds	¥77.7B	¥86,177	¥64,586	12.1%
Commerce & tourism Business attraction, shopping streets, tourism	¥70.7B	¥78,466	¥53,525	11.0%
General administration Office management, tax collection, family registers, elections	¥50.3B	¥55,860	¥33,399	7.8%
Police Prefectures only	¥29.0B	¥32,171	¥26,383	4.5%
Agriculture, forestry & fisheries	¥26.8B	¥29,788	¥31,061	4.2%
Health & sanitation Health checks, vaccinations, waste disposal	¥23.4B	¥25,922	¥19,958	3.6%
Disaster recovery	¥11.0B	¥12,190	¥2,912	1.7%
Assembly	¥1.2B	¥1,339	¥873	0.2%
Labor	¥1.0B	¥1,155	¥1,436	0.2%
Fire & emergency	¥0	¥0	¥0	0.0%

Welfare spending

Children

¥17.1B

Per resident ¥18,976 (median ¥19,268)

Elderly

¥37.0B

Per resident ¥41,064 (median ¥34,452)

Social welfare

¥26.7B

Per resident ¥29,678 (median ¥23,130)

Public assistance

¥3.6B

Per resident ¥3,972 (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 35.6% of spending.

Personnel

¥153K

Social assistance

¥15K

Debt service

¥86K

Goods & services

¥20K

Subsidies

¥171K

Construction

¥140K

Transfers to other accounts

¥7K

Reserves

¥29K

Maintenance

¥8K

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds

Spending per resident

Fiscal strength index

Current balance ratio

Population

See the numbers by year

Fiscal year	Population	Spending	Local bonds	Reserves	Fiscal strength	Current balance	Debt service
FY2024	901,193	¥644.0B	¥1.06T	¥82.5B	0.33	94.4%	10.8%
FY2023	913,297	¥608.1B	¥1.07T	¥81.5B	0.31	93.0%	9.5%
FY2022	924,469	¥637.2B	¥1.07T	¥71.3B	0.32	93.0%	8.4%
FY2021	935,084	¥643.6B	¥1.06T	¥54.6B	0.32	86.9%	7.7%
FY2020	944,750	¥626.7B	¥1.06T	¥49.3B	0.34	95.2%	7.6%
FY2019	954,258	¥535.9B	¥1.04T	¥53.4B	0.33	94.8%	7.5%
FY2018	964,598	¥527.0B	¥1.03T	¥55.1B	0.33	93.1%	7.8%
FY2017	975,074	¥518.6B	¥1.02T	¥56.6B	0.33	92.1%	8.7%
FY2016	984,689	¥529.4B	¥1.02T	¥55.3B	0.33	92.5%	9.5%
FY2015	994,317	¥550.6B	¥1.01T	¥55.0B	0.32	92.3%	10.6%

Municipalities in Wakayama Prefecture FY2024 · click a column to sort

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

Municipality	Population	Fiscal strength	Current balance	Debt service	Debt per resident	Reserves per resident	Spending per resident
Wakayama City 和歌山市	352,941	0.76	96.1%	—	¥486,679	¥69,939	¥475,789
Kainan City 海南市	46,492	0.51	99.9%	—	¥708,482	¥100,801	¥571,388
Hashimoto City 橋本市	58,792	0.45	100.9%	—	¥410,756	¥100,048	¥548,334
Arida City 有田市	25,230	0.51	102.8%	—	¥524,617	¥357,099	¥779,870
Gobo City 御坊市	21,074	0.50	98.1%	—	¥706,281	¥230,721	¥701,091
Tanabe City 田辺市	67,316	0.39	99.5%	—	¥714,911	¥333,734	¥680,486
Shingu City 新宮市	25,822	0.36	98.3%	—	¥777,202	¥401,193	¥763,165
Kinokawa City 紀の川市	58,920	0.42	96.6%	—	¥387,846	¥239,028	¥568,276
Iwade City 岩出市	53,900	0.61	81.2%	—	¥48,345	¥190,880	¥384,110
Kimino Town 紀美野町	7,711	0.21	98.2%	—	¥1,051,031	¥333,157	¥1,347,041
Katsuragi Town かつらぎ町	15,299	0.34	99.0%	—	¥778,667	¥209,819	¥761,509
Kudoyama Town 九度山町	3,760	0.19	90.1%	—	¥972,522	¥539,069	¥1,107,024
Koya Town 高野町	2,605	0.19	91.1%	—	¥2,922,911	¥2,991,177	¥2,288,957
Yuasa Town 湯浅町	10,731	0.32	91.2%	—	¥1,048,248	¥669,882	¥1,004,380
Hirogawa Town 広川町	6,403	0.29	93.2%	—	¥709,190	¥449,975	¥885,470
Aridagawa Town 有田川町	24,954	0.36	86.8%	—	¥506,018	¥551,020	¥737,893
Mihama Town 美浜町	6,324	0.27	95.3%	—	¥515,256	¥543,143	¥853,404
Hidaka Town 日高町	7,953	0.29	94.1%	—	¥479,263	¥189,034	¥707,371
Yura Town 由良町	5,035	0.25	88.6%	—	¥781,471	¥376,308	¥874,794
Inami Town 印南町	7,636	0.33	77.7%	—	¥1,116,409	¥1,328,168	¥1,007,033
Minabe Town みなべ町	11,516	0.33	94.2%	—	¥811,242	¥608,158	¥786,926
Hidakagawa Town 日高川町	8,962	0.25	87.7%	—	¥1,094,074	¥921,898	¥1,207,982
Shirahama Town 白浜町	19,753	0.44	94.4%	—	¥736,029	¥304,013	¥710,844
Kamitonda Town 上富田町	15,683	0.50	89.4%	—	¥334,078	¥237,009	¥565,496
Susami Town すさみ町	3,471	0.21	91.6%	—	¥1,475,745	¥1,125,783	¥1,360,627
Nachikatsura Town 那智勝浦町	13,468	0.30	96.1%	—	¥970,171	¥397,673	¥828,358
Taiji Town 太地町	2,834	0.15	99.8%	—	¥2,076,884	¥558,470	¥1,213,287
Kozagawa Town 古座川町	2,302	0.16	83.2%	—	¥1,047,786	¥1,491,266	¥1,532,601
Kitayama Village 北山村	382	0.13	79.6%	—	¥4,231,749	¥6,823,890	¥5,067,819
Kushimoto Town 串本町	13,924	0.26	93.3%	—	¥1,026,769	¥315,277	¥822,763