Japan vs Luxembourg: Liquid liabilities to GDP

Japan
287.9%
in 2021
Luxembourg
728.5%
in 2021
Japan rank
3rd
Luxembourg rank
1st

Liquid liabilities to GDP over time

  • Japan
  • Luxembourg
02004006008001.0k196019902021

How they compare

Luxembourg currently reports 728.5% against 287.9% in Japan, a difference of 440.6%.

That makes Luxembourg's figure about 2.5 times Japan's.

The two have swapped places 3 times across 59 shared years of data; in 1960 it was Japan ahead.

Japan ranks 3rd and Luxembourg ranks 1st of 186 countries.

Across the 7 decades both report, Japan averaged higher in 2 and Luxembourg in 5.

Head to head by decade

Decade Japan Luxembourg Difference Ahead
1960s 69.7% 37.6% 32.0% Japan
1970s 123.3% 81.6% 41.7% Japan
1980s 163.2% 173.1% 9.9% Luxembourg
1990s 194.4% 254.5% 60.2% Luxembourg
2000s 192.5% 859.6% 667.2% Luxembourg
2010s 222.0% 630.4% 408.4% Luxembourg
2020s 284.3% 708.5% 424.3% Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher liquid liabilities to gdp, Japan or Luxembourg?
Luxembourg, at 728.5% against 287.9% in Japan as of 2021.
What is the difference in liquid liabilities to gdp between Japan and Luxembourg?
440.6%, with Luxembourg ahead.
How many years of comparable data are there for Japan and Luxembourg?
59 years are reported by both, from 1960 to 2021.
How do Japan and Luxembourg rank globally for liquid liabilities to gdp?
Japan ranks 3rd and Luxembourg ranks 1st 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.

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Japan vs Luxembourg: Liquid liabilities to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 28 August 2026, from https://financial-sector.statizoid.com/compare/liquid-liabilities-to-gdp-percent/japan/luxembourg/

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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.