Domestic credit to private sector in Japan

Japan: Domestic credit to private sector was 192.8% in 2020. ▲ Rising

Latest (2020)
192.8%
Change on year
up 10.6%
World rank
3rd
of 187 countries
All-time high
217.8%
in 1999
All-time low
108.3%
in 1970
Years of data
51
1970–2020

Domestic credit to private sector in Japan, 1970–2020

050100150200197019952020

Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.

Analysis

In 2020, domestic credit to private sector in Japan stood at 192.8%.

That represents a change of up 10.6% on the previous year and up 21.3% over ten years.

Over the whole period, domestic credit to private sector in Japan peaked at 217.8% in 1999 and was at its lowest, 108.3%, in 1970.

That places Japan 3rd out of 187 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 51 years of available data.

Domestic credit to private sector in Japan, year by year

Annual values for Domestic credit to private sector (% of GDP) in Japan, 1970 to 2020.
Year % of GDP Change
1970 108.3%
1971 119.9% +10.7%
1972 129.3% +7.9%
1973 128.1% -1.0%
1974 122.6% -4.3%
1975 125.9% +2.7%
1976 126.6% +0.5%
1977 124.5% -1.6%
1978 123.7% -0.6%
1979 125.2% +1.2%
1980 127.2% +1.6%
1981 130.2% +2.4%
1982 135.4% +4.0%
1983 140.0% +3.4%
1984 142.6% +1.9%
1985 146.2% +2.5%
1986 151.9% +3.9%
1987 167.7% +10.4%
1988 176.5% +5.3%
1989 185.2% +4.9%
1990 190.2% +2.7%
1991 190.0% -0.1%
1992 193.9% +2.1%
1993 197.4% +1.8%
1994 195.6% -0.9%
1995 193.6% -1.0%
1996 193.5% -0.0%
1997 206.6% +6.8%
1998 214.6% +3.9%
1999 217.8% +1.5%
2000 208.8% -4.1%
2001 180.2% -13.7%
2002 177.9% -1.3%
2003 177.5% -0.2%
2004 170.8% -3.8%
2005 168.8% -1.1%
2006 166.8% -1.2%
2007 159.9% -4.2%
2008 158.2% -1.1%
2009 166.3% +5.1%
2010 158.9% -4.4%
2011 157.8% -0.7%
2012 158.6% +0.5%
2013 161.5% +1.8%
2014 161.8% +0.2%
2015 160.7% -0.7%
2016 161.5% +0.5%
2017 166.9% +3.3%
2018 166.9% +0.0%
2019 174.3% +4.5%
2020 192.8% +10.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 123.4% 108.3% 129.3% 10
1980s 150.3% 127.2% 185.2% 10
1990s 199.3% 190.0% 217.8% 10
2000s 173.5% 158.2% 208.8% 10
2010s 162.9% 157.8% 174.3% 10
2020s 192.8% 192.8% 192.8% 1

Countries ranked near Japan

  1. 1 Hong Kong, China 258.9% compare
  2. 2 United States of America 216.6% compare
  3. 4 China 182.9% compare
  4. 5 Switzerland 168.5% compare
  5. 6 Norway 166.0% compare

See the full ranking of 187 places →

More financial sector data for Japan

All data for Japan →

Frequently asked questions

What is domestic credit to private sector in Japan?
Domestic credit to private sector in Japan was 192.8% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest domestic credit to private sector recorded in Japan?
The highest recorded value was 217.8% in 1999.
What is the lowest domestic credit to private sector recorded in Japan?
The lowest recorded value was 108.3% in 1970.
How does Japan rank for domestic credit to private sector?
Japan ranks 3rd out of 187 countries with data for 2020.
Is domestic credit to private sector rising or falling in Japan?
Over the last ten years it is up 21.3%. The long-run trend across the full record is rising.
Where does this Japan data come from?
The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.

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Domestic credit to private sector in Japan. Statizoid, drawing on World Development Indicators (WDI), World Bank. Retrieved 12 September 2026, from https://financial-sector.statizoid.com/stat/domestic-credit-to-private-sector-percent-of-gdp-2/japan/

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About this data

Indicator
Domestic credit to private sector (% of GDP)
Unit
% of GDP
Source
World Development Indicators (WDI), World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 6,721 data points, 1960–2020
Last refreshed

Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.