STAY ASIAN!!コミュのJapan's debt tops 827 trillion yen as of end March

TOKYO (AP): Japan's public debt reached a record high of 827.48 trillion yen (US$7.12 trillion; euro5.7 trillion) as of March 31, up 45.93 trillion yen from a year earlier, the Finance Ministry said.

Of that total, government bonds increased 44.22 trillion yen (US$380.6 billion; euro304.43 billion) to 670.58 trillion yen (US$5.77 trillion; euro4.62 trillion), the ministry said in a statement released Friday.

Japan has long relied on government bond issues to make up for falling tax revenues, turning it into one of the world's most indebted countries.

Japan's public debt makes up about 160 percent of its GDP, the highest ratio in the industrial world.