Japan - Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Japan was 192.10 as of 2020. Its highest value over the past 50 years was 217.76 in 1999, while its lowest value was 108.27 in 1970.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1970 108.27
1971 119.87
1972 129.32
1973 128.09
1974 122.56
1975 125.92
1976 126.57
1977 124.49
1978 123.74
1979 125.21
1980 127.21
1981 130.23
1982 135.39
1983 140.00
1984 142.64
1985 146.17
1986 151.93
1987 167.71
1988 176.54
1989 185.15
1990 190.16
1991 189.97
1992 193.88
1993 197.41
1994 195.59
1995 193.56
1996 193.50
1997 206.58
1998 214.58
1999 217.76
2000 208.82
2001 180.20
2002 177.92
2003 177.54
2004 170.77
2005 168.84
2006 166.81
2007 159.88
2008 158.20
2009 166.28
2010 158.94
2011 157.82
2012 158.61
2013 161.48
2014 161.83
2015 160.73
2016 161.51
2017 166.88
2018 166.92
2019 173.48
2020 192.10

Development Relevance: Private sector development and investment - tapping private sector initiative and investment for socially useful purposes - are critical for poverty reduction. In parallel with public sector efforts, private investment, especially in competitive markets, has tremendous potential to contribute to growth. Private markets are the engine of productivity growth, creating productive jobs and higher incomes. And with government playing a complementary role of regulation, funding, and service provision, private initiative and investment can help provide the basic services and conditions that empower poor people - by improving health, education, and infrastructure.

Limitations and Exceptions: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

Statistical Concept and Methodology: Credit is an important link in money transmission; it finances production, consumption, and capital formation, which in turn affect economic activity. The data on domestic credit provided to the private sector are taken from the financial corporations survey (line 52D) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository survey (line 32D). The banking sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial corporations where data are available (including institutions that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets