Money market Rate, Percent per annum in Japan

Japan: Money market Rate, Percent per annum was -0.0478 in 2017. ◆ Volatile

Latest (2017)
-0.0478
Change on year
down 82.2%
World rank
89th
of 94 countries
All-time high
7.53
in 1991
All-time low
-0.0478
in 2017
Years of data
33
1985–2017

Money market Rate, Percent per annum in Japan, 1985–2017

024681985200120171985: 6.91986: 51987: 3.71988: 3.81989: 5.11990: 7.41991: 7.51992: 4.71993: 3.11994: 2.21995: 1.21996: 0.471997: 0.4841998: 0.3711999: 0.0592000: 0.1082001: 0.0582002: 0.0112003: 0.0012004: 0.0012005: 0.0012006: 0.1252007: 0.4732008: 0.4612009: 0.1052010: 0.0932011: 0.0782012: 0.0832013: 0.0752014: 0.0682015: 0.0732016: -0.0262017: -0.048

Source: International Monetary Fund.

Analysis

Japan recorded -0.0478 for money market rate, percent per annum in 2017. That is the lowest value across all 33 years on record.

The figure is down 82.2% on the previous year and down 110.1% over ten years.

Over the whole period, money market rate, percent per annum in Japan peaked at 7.53 in 1991 and was at its lowest, -0.0478, in 2017.

That places Japan 89th out of 94 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.

Money market Rate, Percent per annum in Japan, year by year

Annual values for Money market Rate, Percent per annum in Japan, 1985 to 2017.
Year Value Change
1985 6.91
1986 4.96 -28.2%
1987 3.67 -26.1%
1988 3.83 +4.5%
1989 5.12 +33.4%
1990 7.4 +44.6%
1991 7.53 +1.7%
1992 4.66 -38.1%
1993 3.06 -34.3%
1994 2.2 -28.2%
1995 1.21 -44.7%
1996 0.4698 -61.3%
1997 0.484 +3.0%
1998 0.3715 -23.3%
1999 0.0586 -84.2%
2000 0.1084 +85.1%
2001 0.058 -46.5%
2002 0.0109 -81.1%
2003 0.0014 -87.5%
2004 0.0009 -37.6%
2005 0.0012 +45.5%
2006 0.1245 +9956.0%
2007 0.4727 +279.6%
2008 0.4614 -2.4%
2009 0.1052 -77.2%
2010 0.0935 -11.2%
2011 0.0777 -16.8%
2012 0.0826 +6.2%
2013 0.0752 -9.0%
2014 0.0679 -9.6%
2015 0.0728 +7.2%
2016 -0.0262 -136.0%
2017 -0.0478 +82.2%

Averages by decade

DecadeAverage LowestHighest Years
1980s 4.9 3.67 6.91 5
1990s 2.74 0.0586 7.53 10
2000s 0.1345 0.0009 0.4727 10
2010s 0.0495 -0.0478 0.0935 8

Countries ranked near Japan

  1. 86 Lithuania 0.05 compare
  2. 87 El Salvador 0 compare
  3. 87 Suriname 0 compare
  4. 90 Finland -0.3291 compare
  5. 91 Ireland -0.3723 compare
  6. 91 Slovenia -0.3723 compare

See the full ranking of 97 places →

More financial sector data for Japan

All data for Japan →

Frequently asked questions

What is money market rate, percent per annum in Japan?
Money market rate, percent per annum in Japan was -0.0478 in 2017, according to International Monetary Fund.
What is the highest money market rate, percent per annum recorded in Japan?
The highest recorded value was 7.53 in 1991.
What is the lowest money market rate, percent per annum recorded in Japan?
The lowest recorded value was -0.0478 in 2017.
How does Japan rank for money market rate, percent per annum?
Japan ranks 89th out of 94 countries with data for 2017.
Is money market rate, percent per annum rising or falling in Japan?
Over the last ten years it is down 110.1%. 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 Money market Rate, Percent per annum. Statizoid updates them automatically from the source API.

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Money market Rate, Percent per annum in Japan. Statizoid, drawing on International Monetary Fund. Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/money-market-rate-percent-per-annum/japan/

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About this data

Indicator
Money market Rate, Percent per annum
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
97 places, 2,755 data points, 1954–2025
Last refreshed

The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.