China vs Japan: Liquid liabilities to GDP

China
211.9%
in 2020
Japan
287.9%
in 2021
China rank
6th
Japan rank
3rd

Liquid liabilities to GDP over time

  • China
  • Japan
0100200300196019902021

How they compare

Japan currently reports 287.9% against 211.9% in China, a difference of 76.0%.

That makes Japan's figure about 1.4 times China's.

Across all 44 years both countries report, Japan has been ahead every year.

China ranks 6th and Japan ranks 3rd of 186 countries.

Japan has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade China Japan Difference Ahead
1970s 27.7% 134.3% 106.6% Japan
1980s 52.3% 163.2% 110.9% Japan
1990s 102.6% 200.4% 97.8% Japan
2000s 150.7% 196.2% 45.5% Japan
2010s 191.3% 222.0% 30.7% Japan
2020s 211.9% 280.7% 68.8% Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher liquid liabilities to gdp, China or Japan?
Japan, at 287.9% against 211.9% in China as of 2021.
What is the difference in liquid liabilities to gdp between China and Japan?
76.0%, with Japan ahead.
How many years of comparable data are there for China and Japan?
44 years are reported by both, from 1977 to 2020.
How do China and Japan rank globally for liquid liabilities to gdp?
China ranks 6th and Japan ranks 3rd of 186 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Liquid liabilities to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

China vs Japan: Liquid liabilities to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 24 August 2026, from https://financial-sector.statizoid.com/compare/liquid-liabilities-to-gdp-percent/china/japan/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/compare/liquid-liabilities-to-gdp-percent/china/japan/">China vs Japan: Liquid liabilities to GDP</a> — Statizoid

About this data

Indicator
Liquid liabilities to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,545 data points, 1960–2021
Last refreshed

Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.