Credit to government and state-owned enterprises to GDP in Japan

Japan: Credit to government and state-owned enterprises to GDP was 52.0% in 2020. ▼ Falling

Latest (2020)
52.0%
Change on year
up 14.9%
World rank
7th
of 178 countries
All-time high
74.4%
in 2009
All-time low
23.7%
in 1997
Years of data
37
1980–2020

Credit to government and state-owned enterprises to GDP in Japan, 1980–2020

204060801980200020201980: 50 %1981: 52.1 %1982: 55.7 %1983: 59.5 %1984: 61.3 %1985: 62.6 %1986: 65.8 %1987: 63.2 %1988: 62.1 %1989: 60.7 %1990: 56.2 %1991: 55.5 %1992: 57.7 %1993: 61.9 %1994: 63.9 %1995: 67.5 %1996: 69.9 %1997: 23.7 %1998: 28 %1999: 34.1 %2000: 43.6 %2001: 40.2 %2002: 44 %2003: 51.8 %2004: 53.9 %2005: 54.1 %2006: 56.2 %2007: 55.4 %2008: 62 %2009: 74.4 %2014: 71.2 %2015: 59.8 %2016: 54.9 %2017: 51.3 %2018: 47 %2019: 45.3 %2020: 52 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for credit to government and state-owned enterprises to gdp in Japan is 52.0%, measured in 2020.

The figure is up 14.9% on the previous year and down 30.1% over ten years.

Over the whole period, credit to government and state-owned enterprises to gdp in Japan peaked at 74.4% in 2009 and was at its lowest, 23.7%, in 1997.

That places Japan 7th out of 178 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently falling across the 37 years of available data.

Credit to government and state-owned enterprises to GDP in Japan, year by year

Annual values for Credit to government and state-owned enterprises to GDP (%) in Japan, 1980 to 2020.
Year % Change
1980 50.0%
1981 52.1% +4.2%
1982 55.7% +6.9%
1983 59.5% +7.0%
1984 61.3% +2.9%
1985 62.6% +2.2%
1986 65.8% +5.1%
1987 63.2% -3.9%
1988 62.1% -1.8%
1989 60.7% -2.3%
1990 56.2% -7.4%
1991 55.5% -1.3%
1992 57.7% +3.9%
1993 61.9% +7.4%
1994 63.9% +3.2%
1995 67.5% +5.6%
1996 69.9% +3.5%
1997 23.7% -66.1%
1998 28.0% +18.0%
1999 34.1% +22.1%
2000 43.6% +27.9%
2001 40.2% -7.9%
2002 44.0% +9.5%
2003 51.8% +17.8%
2004 53.9% +4.0%
2005 54.1% +0.4%
2006 56.2% +3.8%
2007 55.4% -1.4%
2008 62.0% +11.9%
2009 74.4% +20.0%
2014 71.2% -4.4%
2015 59.8% -15.9%
2016 54.9% -8.2%
2017 51.3% -6.6%
2018 47.0% -8.4%
2019 45.3% -3.6%
2020 52.0% +14.9%

Averages by decade

DecadeAverage LowestHighest Years
1980s 59.3% 50.0% 65.8% 10
1990s 51.8% 23.7% 69.9% 10
2000s 53.6% 40.2% 74.4% 10
2010s 54.9% 45.3% 71.2% 6
2020s 52.0% 52.0% 52.0% 1

Countries ranked near Japan

  1. 4 Brazil 61.9% compare
  2. 5 Cambodia 60.5% compare
  3. 6 Eritrea 56.7% compare
  4. 8 Algeria 45.7% compare
  5. 9 United Arab Emirates 44.7% compare
  6. 10 Jordan 41.5% compare

See the full ranking of 178 places →

More financial sector data for Japan

All data for Japan →

Frequently asked questions

What is credit to government and state-owned enterprises to gdp in Japan?
Credit to government and state-owned enterprises to gdp in Japan was 52.0% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest credit to government and state-owned enterprises to gdp recorded in Japan?
The highest recorded value was 74.4% in 2009.
What is the lowest credit to government and state-owned enterprises to gdp recorded in Japan?
The lowest recorded value was 23.7% in 1997.
How does Japan rank for credit to government and state-owned enterprises to gdp?
Japan ranks 7th out of 178 countries with data for 2020.
Is credit to government and state-owned enterprises to gdp rising or falling in Japan?
Over the last ten years it is down 30.1%. The long-run trend across the full record is falling.
Where does this Japan data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.

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Credit to government and state-owned enterprises to GDP in Japan. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 10 September 2026, from https://financial-sector.statizoid.com/stat/credit-to-government-and-state-owned-enterprises-to-gdp-percent/japan/

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About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).