Outstanding domestic private debt securities to GDP in Japan

Japan: Outstanding domestic private debt securities to GDP was 68.7% in 2020. ▬ Flat

Latest (2020)
68.7%
Change on year
up 21.7%
World rank
7th
of 26 countries
All-time high
78.8%
in 2008
All-time low
46.4%
in 2000
Years of data
24
1997–2020

Outstanding domestic private debt securities to GDP in Japan, 1997–2020

0204060801997200820201997: 49.2 %1998: 59 %1999: 59.2 %2000: 46.4 %2001: 51.2 %2002: 64.1 %2003: 67.6 %2004: 69.9 %2005: 66.2 %2006: 67.6 %2007: 73.7 %2008: 78.8 %2009: 71.6 %2010: 73.8 %2011: 68.6 %2012: 59.7 %2013: 56.4 %2014: 51.2 %2015: 55.5 %2016: 52.1 %2017: 55.2 %2018: 57.1 %2019: 56.5 %2020: 68.7 %

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

Analysis

The most recent figure for outstanding domestic private debt securities to gdp in Japan is 68.7%, measured in 2020.

That represents a change of up 21.7% on the previous year and down 6.9% over ten years.

Over the whole period, outstanding domestic private debt securities to gdp in Japan peaked at 78.8% in 2008 and was at its lowest, 46.4%, in 2000.

That places Japan 7th out of 26 countries with data for 2020, putting it in the top quarter.

Outstanding domestic private debt securities to GDP in Japan, year by year

Annual values for Outstanding domestic private debt securities to GDP (%) in Japan, 1997 to 2020.
Year % Change
1997 49.2%
1998 59.0% +19.9%
1999 59.2% +0.3%
2000 46.4% -21.5%
2001 51.2% +10.2%
2002 64.1% +25.4%
2003 67.6% +5.4%
2004 69.9% +3.4%
2005 66.2% -5.3%
2006 67.6% +2.2%
2007 73.7% +8.9%
2008 78.8% +7.0%
2009 71.6% -9.1%
2010 73.8% +3.0%
2011 68.6% -7.1%
2012 59.7% -13.0%
2013 56.4% -5.5%
2014 51.2% -9.2%
2015 55.5% +8.5%
2016 52.1% -6.1%
2017 55.2% +5.8%
2018 57.1% +3.6%
2019 56.5% -1.1%
2020 68.7% +21.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 55.8% 49.2% 59.2% 3
2000s 65.7% 46.4% 78.8% 10
2010s 58.6% 51.2% 73.8% 10
2020s 68.7% 68.7% 68.7% 1

Countries ranked near Japan

  1. 4 Iceland 73.6% compare
  2. 5 China 73.2% compare
  3. 6 Australia 70.8% compare
  4. 8 Sweden 64.4% compare
  5. 9 Malaysia 57.6% compare
  6. 10 Thailand 52.8% compare

See the full ranking of 26 places →

More financial sector data for Japan

All data for Japan →

Frequently asked questions

What is outstanding domestic private debt securities to gdp in Japan?
Outstanding domestic private debt securities to gdp in Japan was 68.7% in 2020, according to Bank for International Settlements (BIS).
What is the highest outstanding domestic private debt securities to gdp recorded in Japan?
The highest recorded value was 78.8% in 2008.
What is the lowest outstanding domestic private debt securities to gdp recorded in Japan?
The lowest recorded value was 46.4% in 2000.
How does Japan rank for outstanding domestic private debt securities to gdp?
Japan ranks 7th out of 26 countries with data for 2020.
Is outstanding domestic private debt securities to gdp rising or falling in Japan?
Over the last ten years it is down 6.9%. The long-run trend across the full record is flat.
Where does this Japan data come from?
The figures come from Bank for International Settlements (BIS), published as part of Outstanding domestic private debt securities to GDP (%). Statizoid updates them automatically from the source API.

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Outstanding domestic private debt securities to GDP in Japan. Statizoid, drawing on Bank for International Settlements (BIS). Retrieved 04 September 2026, from https://financial-sector.statizoid.com/stat/outstanding-domestic-private-debt-securities-to-gdp-percent/japan/

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About this data

Indicator
Outstanding domestic private debt securities to GDP (%)
Unit
%
Source
Bank for International Settlements (BIS)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
26 places, 547 data points, 1987–2020
Last refreshed

Total amount of domestic private debt securities (amounts outstanding) issued in domestic markets as a share of GDP. It covers data on long-term bonds and notes, commercial paper and other short-term notes. Table 16A (domestic debt amount): all issuers minus governments / GDP. End of year data (i.e. December data) are considered for debt securities. The figures are deflated using the following methodology: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is the level domestic private debt, P_e is end-of period CPI, and P_a is average annual CPI. GDP is from World Development Indicators. End-of period CPI is taken from IFS line 64M..ZF month of December (or if not available Q4). Average annual CPI is constructed from the monthly CPI figure taken from IFS line 64..ZF.