Japan vs United States of America: Nonbank financial institutions’ assets to GDP

Japan
149.5%
in 2021
United States of America
198.0%
in 2020
Japan rank
2nd
United States of America rank
1st

Nonbank financial institutions’ assets to GDP over time

  • Japan
  • United States of America
50100150200196019902021

How they compare

United States of America currently reports 198.0% against 149.5% in Japan, a difference of 48.5%.

That makes United States of America's figure about 1.3 times Japan's.

The two have swapped places 1 time across 20 shared years of data; in 2001 it was Japan ahead.

Japan ranks 2nd and United States of America ranks 1st of 84 countries.

Across the 3 decades both report, Japan averaged higher in 1 and United States of America in 2.

Head to head by decade

Decade Japan United States of America Difference Ahead
2000s 154.2% 147.0% 7.2% Japan
2010s 137.1% 159.4% 22.2% United States of America
2020s 147.8% 198.0% 50.2% United States of America

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nonbank financial institutions’ assets to gdp, Japan or United States of America?
United States of America, at 198.0% against 149.5% in Japan as of 2020.
What is the difference in nonbank financial institutions’ assets to gdp between Japan and United States of America?
48.5%, with United States of America ahead.
How many years of comparable data are there for Japan and United States of America?
20 years are reported by both, from 2001 to 2020.
How do Japan and United States of America rank globally for nonbank financial institutions’ assets to gdp?
Japan ranks 2nd and United States of America ranks 1st of 84 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Nonbank financial institutions’ assets to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs United States of America: Nonbank financial institutions’ assets to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/nonbank-financial-institutions-assets-to-gdp-percent/japan/united-states/

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About this data

Indicator
Nonbank financial institutions’ assets to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
84 places, 2,127 data points, 1960–2021
Last refreshed

Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, 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. Nonbank financial institutions assets (IFS lines 42, a-d, h, and s); 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).