Government securities: Treasury bills yields, Rate, Percent per annum in Japan
Japan: Government securities: Treasury bills yields, Rate, Percent per annum was -0.2077 in 2017. ◆ Volatile
Government securities: Treasury bills yields, Rate, Percent per annum in Japan, 1955–2017
Source: International Monetary Fund.
Analysis
In 2017, government securities: treasury bills yields, rate, percent per annum in Japan stood at -0.2077.
Compared with earlier readings it is up 8.9% on the previous year and down 136.0% over ten years.
Over the whole period, government securities: treasury bills yields, rate, percent per annum in Japan peaked at 6.83 in 1974 and was at its lowest, -0.2279, in 2016.
That places Japan 87th out of 89 countries with data for 2017, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Government securities: Treasury bills yields, Rate, Percent per annum in Japan, year by year
| Year | Value | Change |
|---|---|---|
| 1955 | 5.52 | — |
| 1956 | 5.38 | -2.5% |
| 1957 | 5.37 | -0.3% |
| 1958 | 5.83 | +8.7% |
| 1959 | 6.08 | +4.3% |
| 1960 | 6.08 | +0.0% |
| 1961 | 6.08 | +0.0% |
| 1962 | 6.08 | +0.0% |
| 1963 | 5.87 | -3.6% |
| 1964 | 5.71 | -2.6% |
| 1965 | 5.71 | +0.0% |
| 1966 | 5.71 | +0.0% |
| 1967 | 5.71 | +0.0% |
| 1968 | 5.77 | +1.1% |
| 1969 | 5.78 | +0.2% |
| 1970 | 5.91 | +2.2% |
| 1971 | 5.38 | -9.0% |
| 1972 | 4.36 | -18.9% |
| 1973 | 5.21 | +19.4% |
| 1974 | 6.83 | +31.0% |
| 1975 | 6.28 | -7.9% |
| 1976 | 5.68 | -9.6% |
| 1977 | 4.84 | -14.7% |
| 1978 | 3.52 | -27.3% |
| 1979 | 4.43 | +25.8% |
| 1980 | 6.33 | +42.8% |
| 1981 | 5.72 | -9.6% |
| 1982 | 5.42 | -5.2% |
| 1983 | 5.3 | -2.3% |
| 1984 | 4.91 | -7.2% |
| 1985 | 3.56 | -27.5% |
| 1986 | 3.56 | +0.0% |
| 1987 | 2.47 | -30.7% |
| 1988 | 2.38 | -3.4% |
| 1989 | 2.95 | +23.8% |
| 1990 | 5.04 | +70.8% |
| 1991 | 5.4 | +7.1% |
| 1992 | 3.63 | -32.9% |
| 1993 | 2.2 | -39.4% |
| 1994 | 1.63 | -25.8% |
| 1995 | 0.8761 | -46.2% |
| 1996 | 0.374 | -57.3% |
| 1997 | 0.374 | +0.0% |
| 1998 | 0.3077 | -17.7% |
| 1999 | 0.0927 | -69.9% |
| 2000 | 0.23 | +148.0% |
| 2001 | 0.0662 | -71.2% |
| 2002 | 0.0055 | -91.7% |
| 2003 | 0.0109 | +98.5% |
| 2004 | 0.0071 | -35.1% |
| 2005 | 0.0013 | -82.4% |
| 2006 | 0.2521 | +20066.6% |
| 2007 | 0.5762 | +128.6% |
| 2008 | 0.5607 | -2.7% |
| 2009 | 0.1845 | -67.1% |
| 2010 | 0.1151 | -37.6% |
| 2011 | 0.1022 | -11.2% |
| 2012 | 0.0994 | -2.8% |
| 2013 | 0.0736 | -26.0% |
| 2014 | 0.0255 | -65.3% |
| 2015 | -0.0122 | -147.7% |
| 2016 | -0.2279 | +1773.3% |
| 2017 | -0.2077 | -8.9% |
Japan compared with similar countries
- Japan's -0.2077 is below the median for high income countries, which is 2. (31 countries reporting)
- Japan's -0.2077 is below the median for East Asia & Pacific, which is 2.76. (11 countries reporting)
Biggest year-on-year movements
Years where Government securities: Treasury bills yields, Rate, Percent per annum in Japan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +20066.6% | 0.0013 | 0.2521 |
| 2016 | -1773.3% | -0.0122 | -0.2279 |
| 2000 | +148.0% | 0.0927 | 0.23 |
| 2015 | -147.7% | 0.0255 | -0.0122 |
| 2007 | +128.6% | 0.2521 | 0.5762 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 5.64 | 5.37 | 6.08 | 5 |
| 1960s | 5.85 | 5.71 | 6.08 | 10 |
| 1970s | 5.24 | 3.52 | 6.83 | 10 |
| 1980s | 4.26 | 2.38 | 6.33 | 10 |
| 1990s | 1.99 | 0.0927 | 5.4 | 10 |
| 2000s | 0.1894 | 0.0013 | 0.5762 | 10 |
| 2010s | -0.004 | -0.2279 | 0.1151 | 8 |
Countries ranked near Japan
More financial sector data for Japan
- Reserve position in the IMF, US dollar, annual growth rate 10.42 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 91.29 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.15 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 66.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.42 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 91.29 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.15 % change on previous year (2025)
Frequently asked questions
- What is government securities: treasury bills yields, rate, percent per annum in Japan?
- Government securities: treasury bills yields, rate, percent per annum in Japan was -0.2077 in 2017, according to International Monetary Fund.
- What is the highest government securities: treasury bills yields, rate, percent per annum recorded in Japan?
- The highest recorded value was 6.83 in 1974.
- What is the lowest government securities: treasury bills yields, rate, percent per annum recorded in Japan?
- The lowest recorded value was -0.2279 in 2016.
- How does Japan rank for government securities: treasury bills yields, rate, percent per annum?
- Japan ranks 87th out of 89 countries with data for 2017.
- Is government securities: treasury bills yields, rate, percent per annum rising or falling in Japan?
- Over the last ten years it is down 136.0%. The long-run trend across the full record is volatile.
- Where does this Japan data come from?
- The figures come from International Monetary Fund, published as part of Government securities: Treasury bills yields, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.