Liabilities, Liabilities to Central Government (OFCS) in Japan
Japan: Liabilities, Liabilities to Central Government (OFCS) was 35.84 trillion in 2025. ◆ Volatile
Liabilities, Liabilities to Central Government (OFCS) in Japan, 2001–2025
Source: International Monetary Fund.
Analysis
In 2025, liabilities, liabilities to central government (ofcs) in Japan stood at 35.84 trillion.
Compared with earlier readings it is down 9.5% on the previous year and down 35.3% over ten years.
Over the whole period, liabilities, liabilities to central government (ofcs) in Japan peaked at 169.96 trillion in 2001 and was at its lowest, 33.75 trillion, in 2021.
That places Japan 2nd out of 65 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Liabilities, Liabilities to Central Government (OFCS) in Japan, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 169.96 trillion | — |
| 2002 | 161.05 trillion | -5.2% |
| 2003 | 143.66 trillion | -10.8% |
| 2004 | 135.53 trillion | -5.7% |
| 2005 | 136.93 trillion | +1.0% |
| 2006 | 123.72 trillion | -9.6% |
| 2007 | 109.33 trillion | -11.6% |
| 2008 | 92.61 trillion | -15.3% |
| 2009 | 84.53 trillion | -8.7% |
| 2010 | 80.97 trillion | -4.2% |
| 2011 | 71.40 trillion | -11.8% |
| 2012 | 70.01 trillion | -1.9% |
| 2013 | 68.76 trillion | -1.8% |
| 2014 | 60.83 trillion | -11.5% |
| 2015 | 55.43 trillion | -8.9% |
| 2016 | 48.90 trillion | -11.8% |
| 2017 | 42.34 trillion | -13.4% |
| 2018 | 43.38 trillion | +2.5% |
| 2019 | 40.24 trillion | -7.2% |
| 2020 | 35.49 trillion | -11.8% |
| 2021 | 33.75 trillion | -4.9% |
| 2022 | 36.23 trillion | +7.3% |
| 2023 | 40.87 trillion | +12.8% |
| 2024 | 39.63 trillion | -3.0% |
| 2025 | 35.84 trillion | -9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 128.59 trillion | 84.53 trillion | 169.96 trillion | 9 |
| 2010s | 58.23 trillion | 40.24 trillion | 80.97 trillion | 10 |
| 2020s | 36.97 trillion | 33.75 trillion | 40.87 trillion | 6 |
Countries ranked near Japan
- 1 Colombia 54.48 trillion compare
- 3 Uzbekistan 6.44 trillion compare
- 4 Argentina 1.31 trillion compare
- 5 Kazakhstan 744.43 billion compare
More external debt data for Japan
- Other investment, Debt instruments 2.12 trillion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 3.7 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 1.10 trillion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 17,154 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.4772 US dollar per US$ of GDP (2025)
- Liabilities, International Liquidity, Liabilities to Nonresidents 2.04 trillion (2025)
- Net lending (+) / net borrowing (-), General government, Percent of -4.4 (2030)
- Other investment, Debt instruments, Deposit taking corporations 2.2 % change on previous year (2025)
- Primary net lending (+) / net borrowing (-), General government -2.48 (2030)
- Other investment, Debt instruments, Deposit taking corporations 8,935 US dollar per person (2025)
Frequently asked questions
- What is liabilities, liabilities to central government (ofcs) in Japan?
- Liabilities, liabilities to central government (ofcs) in Japan was 35.84 trillion in 2025, according to International Monetary Fund.
- What is the highest liabilities, liabilities to central government (ofcs) recorded in Japan?
- The highest recorded value was 169.96 trillion in 2001.
- What is the lowest liabilities, liabilities to central government (ofcs) recorded in Japan?
- The lowest recorded value was 33.75 trillion in 2021.
- How does Japan rank for liabilities, liabilities to central government (ofcs)?
- Japan ranks 2nd out of 65 countries with data for 2025.
- Is liabilities, liabilities to central government (ofcs) rising or falling in Japan?
- Over the last ten years it is down 35.3%. 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 Liabilities, Liabilities to Central Government (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.