Outstanding domestic public debt securities to GDP in Japan

Japan: Outstanding domestic public debt securities to GDP was 217.0% in 2020. ▲ Rising

Latest (2020)
217.0%
Change on year
up 17.7%
World rank
1st
of 32 countries
All-time high
217.0%
in 2020
All-time low
63.2%
in 1997
Years of data
24
1997–2020

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

501001502001997200820201997: 63.2 %1998: 86.3 %1999: 95.6 %2000: 85.8 %2001: 90.7 %2002: 111.2 %2003: 122.9 %2004: 129.5 %2005: 120.6 %2006: 126.7 %2007: 137.8 %2008: 159.1 %2009: 157.2 %2010: 176.6 %2011: 182.2 %2012: 165.1 %2013: 168.8 %2014: 160.1 %2015: 178.5 %2016: 167 %2017: 179.6 %2018: 182.6 %2019: 184.3 %2020: 217 %

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

Analysis

In 2020, outstanding domestic public debt securities to gdp in Japan stood at 217.0%. That is the highest value across all 24 years on record.

The figure is up 17.7% on the previous year and up 22.9% over ten years.

Over the whole period, outstanding domestic public debt securities to gdp in Japan peaked at 217.0% in 2020 and was at its lowest, 63.2%, in 1997.

That places Japan 1st out of 32 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 24 years of available data.

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

Annual values for Outstanding domestic public debt securities to GDP (%) in Japan, 1997 to 2020.
Year % Change
1997 63.2%
1998 86.3% +36.7%
1999 95.6% +10.7%
2000 85.8% -10.2%
2001 90.7% +5.7%
2002 111.2% +22.6%
2003 122.9% +10.5%
2004 129.5% +5.3%
2005 120.6% -6.8%
2006 126.7% +5.1%
2007 137.8% +8.8%
2008 159.1% +15.4%
2009 157.2% -1.2%
2010 176.6% +12.4%
2011 182.2% +3.2%
2012 165.1% -9.4%
2013 168.8% +2.2%
2014 160.1% -5.1%
2015 178.5% +11.5%
2016 167.0% -6.4%
2017 179.6% +7.5%
2018 182.6% +1.7%
2019 184.3% +1.0%
2020 217.0% +17.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 81.7% 63.2% 95.6% 3
2000s 124.1% 85.8% 159.1% 10
2010s 174.5% 160.1% 184.3% 10
2020s 217.0% 217.0% 217.0% 1

Countries ranked near Japan

  1. 2 Lebanon 177.7% compare
  2. 3 Canada 89.7% compare
  3. 4 Brazil 88.9% compare

See the full ranking of 32 places →

More financial sector data for Japan

All data for Japan →

Frequently asked questions

What is outstanding domestic public debt securities to gdp in Japan?
Outstanding domestic public debt securities to gdp in Japan was 217.0% in 2020, according to Bank for International Settlements (BIS).
What is the highest outstanding domestic public debt securities to gdp recorded in Japan?
The highest recorded value was 217.0% in 2020.
What is the lowest outstanding domestic public debt securities to gdp recorded in Japan?
The lowest recorded value was 63.2% in 1997.
How does Japan rank for outstanding domestic public debt securities to gdp?
Japan ranks 1st out of 32 countries with data for 2020.
Is outstanding domestic public debt securities to gdp rising or falling in Japan?
Over the last ten years it is up 22.9%. The long-run trend across the full record is rising.
Where does this Japan data come from?
The figures come from Bank for International Settlements (BIS), published as part of Outstanding domestic public debt securities to GDP (%). Statizoid updates them automatically from the source API.

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Outstanding domestic public debt securities to GDP in Japan. Statizoid, drawing on Bank for International Settlements (BIS). Retrieved 06 September 2026, from https://financial-sector.statizoid.com/stat/outstanding-domestic-public-debt-securities-to-gdp-percent/japan/

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About this data

Indicator
Outstanding domestic public debt securities to GDP (%)
Unit
%
Source
Bank for International Settlements (BIS)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
32 places, 728 data points, 1980–2020
Last refreshed

Total amount of domestic public debt securities (amounts outstanding) issued in domestic markets as a share of GDP. It covers long-term bonds and notes, treasury bills, commercial paper and other short-term notes. Table 16A (domestic debt amount): 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 public 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.