Nonfinancial corporate bonds to total bonds and notes outstanding in Japan

Japan: Nonfinancial corporate bonds to total bonds and notes outstanding was 5.9% in 2021. ◆ Volatile

Latest (2021)
5.9%
Change on year
up 4.6%
World rank
17th
of 24 countries
All-time high
20.0%
in 1997
All-time low
4.9%
in 2015
Years of data
25
1997–2021

Nonfinancial corporate bonds to total bonds and notes outstanding in Japan, 1997–2021

51015201997200920211997: 20 %1998: 18.2 %1999: 16.6 %2000: 15.3 %2001: 13.7 %2002: 12.3 %2003: 10.5 %2004: 9.4 %2005: 6.5 %2006: 6.2 %2007: 6.8 %2008: 6.7 %2009: 6.5 %2010: 6.1 %2011: 5.7 %2012: 5.5 %2013: 5.2 %2014: 5.1 %2015: 4.9 %2016: 5.2 %2017: 5.1 %2018: 5 %2019: 5.4 %2020: 5.6 %2021: 5.9 %

Source: Bank for International Settlements (BIS). Measured in %.

Analysis

In 2021, nonfinancial corporate bonds to total bonds and notes outstanding in Japan stood at 5.9%.

Compared with earlier readings it is up 4.6% on the previous year and up 3.2% over ten years.

Over the whole period, nonfinancial corporate bonds to total bonds and notes outstanding in Japan peaked at 20.0% in 1997 and was at its lowest, 4.9%, in 2015.

That places Japan 17th out of 24 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Nonfinancial corporate bonds to total bonds and notes outstanding in Japan, year by year

Annual values for Nonfinancial corporate bonds to total bonds and notes outstanding (%) in Japan, 1997 to 2021.
Year % Change
1997 20.0%
1998 18.2% -9.1%
1999 16.6% -9.0%
2000 15.3% -7.9%
2001 13.7% -10.1%
2002 12.3% -10.0%
2003 10.5% -14.8%
2004 9.4% -11.0%
2005 6.5% -30.7%
2006 6.2% -4.8%
2007 6.8% +10.2%
2008 6.7% -2.1%
2009 6.5% -3.0%
2010 6.1% -6.3%
2011 5.7% -6.1%
2012 5.5% -3.3%
2013 5.2% -5.1%
2014 5.1% -3.1%
2015 4.9% -3.8%
2016 5.2% +6.7%
2017 5.1% -2.5%
2018 5.0% -0.4%
2019 5.4% +6.3%
2020 5.6% +4.6%
2021 5.9% +4.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 18.2% 16.6% 20.0% 3
2000s 9.4% 6.2% 15.3% 10
2010s 5.3% 4.9% 6.1% 10
2020s 5.7% 5.6% 5.9% 2

Countries ranked near Japan

  1. 14 Hungary 6.1% compare
  2. 15 South Africa 6.0% compare
  3. 16 Brazil 6.0% compare
  4. 18 Indonesia 5.4% compare
  5. 19 Croatia 4.3% compare
  6. 20 Sweden 3.0% compare

See the full ranking of 24 places →

More financial sector data for Japan

All data for Japan →

Frequently asked questions

What is nonfinancial corporate bonds to total bonds and notes outstanding in Japan?
Nonfinancial corporate bonds to total bonds and notes outstanding in Japan was 5.9% in 2021, according to Bank for International Settlements (BIS).
What is the highest nonfinancial corporate bonds to total bonds and notes outstanding recorded in Japan?
The highest recorded value was 20.0% in 1997.
What is the lowest nonfinancial corporate bonds to total bonds and notes outstanding recorded in Japan?
The lowest recorded value was 4.9% in 2015.
How does Japan rank for nonfinancial corporate bonds to total bonds and notes outstanding?
Japan ranks 17th out of 24 countries with data for 2021.
Is nonfinancial corporate bonds to total bonds and notes outstanding rising or falling in Japan?
Over the last ten years it is up 3.2%. The long-run trend across the full record is volatile.
Where does this Japan data come from?
The figures come from Bank for International Settlements (BIS), published as part of Nonfinancial corporate bonds to total bonds and notes outstanding (%). Statizoid updates them automatically from the source API.

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Nonfinancial corporate bonds to total bonds and notes outstanding in Japan. Statizoid, drawing on Bank for International Settlements (BIS). Retrieved 05 September 2026, from https://financial-sector.statizoid.com/stat/nonfinancial-corporate-bonds-to-total-bonds-and-notes-outstanding-percent/japan/

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About this data

Indicator
Nonfinancial corporate bonds to total bonds and notes outstanding (%)
Unit
%
Source
Bank for International Settlements (BIS)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
24 places, 532 data points, 1987–2021
Last refreshed

Total amount of domestic nonfinancial corporate bonds and notes outstanding (BIS Table 16B) to total amount of domestic bonds and notes outstanding, both corporate and noncorporate (BIS Table 16A).