China vs Japan: Private credit by deposit money banks and other financial

China
178.1%
in 2021
Japan
194.0%
in 2021
China rank
6th
Japan rank
4th

Private credit by deposit money banks and other financial over time

  • China
  • Japan
50100150200196019902021

How they compare

Japan currently reports 194.0% against 178.1% in China, a difference of 15.9%.

That makes Japan's figure about 1.1 times China's.

Across all 37 years both countries report, Japan has been ahead every year.

China ranks 6th and Japan ranks 4th of 187 countries.

Japan has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade China Japan Difference Ahead
1980s 72.7% 151.8% 79.1% Japan
1990s 91.8% 176.1% 84.3% Japan
2000s 113.5% 171.0% 57.5% Japan
2010s 144.0% 161.8% 17.8% Japan
2020s 180.5% 192.5% 12.0% Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks and other financial, China or Japan?
Japan, at 194.0% against 178.1% in China as of 2021.
What is the difference in private credit by deposit money banks and other financial between China and Japan?
15.9%, with Japan ahead.
How many years of comparable data are there for China and Japan?
37 years are reported by both, from 1985 to 2021.
How do China and Japan rank globally for private credit by deposit money banks and other financial?
China ranks 6th and Japan ranks 4th of 187 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China vs Japan: Private credit by deposit money banks and other financial. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-and-other-financial-institutions-to-gdp-percent/china/japan/

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About this data

Indicator
Private credit by deposit money banks and other financial institutions to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,619 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); 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)