Liabilities, Liabilities to Nonresidents (OFCS) in Japan

Japan: Liabilities, Liabilities to Nonresidents (OFCS) was 199.52 trillion in 2025. ◆ Volatile

Latest (2025)
199.52 trillion
Change on year
up 4.8%
World rank
1st
of 65 countries
All-time high
199.52 trillion
in 2025
All-time low
4.85 trillion
in 2001
Years of data
25
2001–2025

Liabilities, Liabilities to Nonresidents (OFCS) in Japan, 2001–2025

050.0T100.0T150.0T200.0T2001201320252001: 4.8T2002: 6.6T2003: 11.8T2004: 17.8T2005: 43.7T2006: 39.7T2007: 41.3T2008: 33.2T2009: 30.2T2010: 33.6T2011: 40.0T2012: 43.2T2013: 62.4T2014: 77.4T2015: 79.1T2016: 95.6T2017: 99.3T2018: 114.2T2019: 116.0T2020: 130.9T2021: 134.2T2022: 152.1T2023: 178.2T2024: 190.3T2025: 199.5T

Source: International Monetary Fund.

Analysis

Japan recorded 199.52 trillion for liabilities, liabilities to nonresidents (ofcs) in 2025. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 4.8% on the previous year and up 152.2% over ten years.

Over the whole period, liabilities, liabilities to nonresidents (ofcs) in Japan peaked at 199.52 trillion in 2025 and was at its lowest, 4.85 trillion, in 2001.

That places Japan 1st 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 Nonresidents (OFCS) in Japan, year by year

Annual values for Liabilities, Liabilities to Nonresidents (OFCS) (Domestic currency) in Japan, 2001 to 2025.
Year Value Change
2001 4.85 trillion
2002 6.62 trillion +36.4%
2003 11.78 trillion +78.0%
2004 17.81 trillion +51.3%
2005 43.65 trillion +145.1%
2006 39.75 trillion -8.9%
2007 41.27 trillion +3.8%
2008 33.18 trillion -19.6%
2009 30.16 trillion -9.1%
2010 33.58 trillion +11.3%
2011 39.99 trillion +19.1%
2012 43.18 trillion +8.0%
2013 62.39 trillion +44.5%
2014 77.40 trillion +24.1%
2015 79.11 trillion +2.2%
2016 95.60 trillion +20.8%
2017 99.29 trillion +3.9%
2018 114.21 trillion +15.0%
2019 116.03 trillion +1.6%
2020 130.88 trillion +12.8%
2021 134.20 trillion +2.5%
2022 152.06 trillion +13.3%
2023 178.23 trillion +17.2%
2024 190.34 trillion +6.8%
2025 199.52 trillion +4.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.45 trillion 4.85 trillion 43.65 trillion 9
2010s 76.08 trillion 33.58 trillion 116.03 trillion 10
2020s 164.21 trillion 130.88 trillion 199.52 trillion 6

Countries ranked near Japan

  1. 2 Indonesia 59.75 trillion compare
  2. 3 Colombia 21.26 trillion compare
  3. 4 Uzbekistan 3.59 trillion compare

See the full ranking of 65 places →

More external debt data for Japan

All data for Japan →

Frequently asked questions

What is liabilities, liabilities to nonresidents (ofcs) in Japan?
Liabilities, liabilities to nonresidents (ofcs) in Japan was 199.52 trillion in 2025, according to International Monetary Fund.
What is the highest liabilities, liabilities to nonresidents (ofcs) recorded in Japan?
The highest recorded value was 199.52 trillion in 2025.
What is the lowest liabilities, liabilities to nonresidents (ofcs) recorded in Japan?
The lowest recorded value was 4.85 trillion in 2001.
How does Japan rank for liabilities, liabilities to nonresidents (ofcs)?
Japan ranks 1st out of 65 countries with data for 2025.
Is liabilities, liabilities to nonresidents (ofcs) rising or falling in Japan?
Over the last ten years it is up 152.2%. 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 Nonresidents (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.

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Liabilities, Liabilities to Nonresidents (OFCS) in Japan. Statizoid, drawing on International Monetary Fund. Retrieved 30 August 2026, from https://debt.statizoid.com/stat/liabilities-liabilities-to-nonresidents-ofcs-domestic-currency/japan/

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About this data

Indicator
Liabilities, Liabilities to Nonresidents (OFCS) (Domestic currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
65 places, 1,127 data points, 2001–2025
Last refreshed

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.