Net (assets less liabilities), Net Claims on Central Government (OFCS) in Japan

Japan: Net (assets less liabilities), Net Claims on Central Government (OFCS) was 190.83 trillion in 2025. ▲ Rising

Latest (2025)
190.83 trillion
Change on year
down 8.2%
World rank
3rd
of 66 countries
All-time high
224.80 trillion
in 2021
All-time low
77.75 trillion
in 2001
Years of data
25
2001–2025

Net (assets less liabilities), Net Claims on Central Government (OFCS) in Japan, 2001–2025

100.0T150.0T200.0T2001201320252001: 77.8T2002: 96.5T2003: 101.4T2004: 120.7T2005: 113.8T2006: 107.0T2007: 112.5T2008: 121.9T2009: 131.7T2010: 148.7T2011: 157.9T2012: 178.7T2013: 180.3T2014: 202.5T2015: 205.9T2016: 196.6T2017: 203.8T2018: 204.8T2019: 219.9T2020: 221.1T2021: 224.8T2022: 209.1T2023: 203.2T2024: 208.0T2025: 190.8T

Source: International Monetary Fund.

Analysis

In 2025, net (assets less liabilities), net claims on central government (ofcs) in Japan stood at 190.83 trillion.

The figure is down 8.2% on the previous year and down 7.3% over ten years.

Over the whole period, net (assets less liabilities), net claims on central government (ofcs) in Japan peaked at 224.80 trillion in 2021 and was at its lowest, 77.75 trillion, in 2001.

That places Japan 3rd out of 66 countries with data for 2025, putting it in the top 10%.

The long-run direction has been consistently rising across the 25 years of available data.

Net (assets less liabilities), Net Claims on Central Government (OFCS) in Japan, year by year

Annual values for Net (assets less liabilities), Net Claims on Central Government (OFCS) (Domestic currency) in Japan, 2001 to 2025.
Year Value Change
2001 77.75 trillion
2002 96.46 trillion +24.1%
2003 101.41 trillion +5.1%
2004 120.74 trillion +19.1%
2005 113.82 trillion -5.7%
2006 106.99 trillion -6.0%
2007 112.54 trillion +5.2%
2008 121.89 trillion +8.3%
2009 131.71 trillion +8.1%
2010 148.69 trillion +12.9%
2011 157.94 trillion +6.2%
2012 178.73 trillion +13.2%
2013 180.34 trillion +0.9%
2014 202.49 trillion +12.3%
2015 205.86 trillion +1.7%
2016 196.56 trillion -4.5%
2017 203.81 trillion +3.7%
2018 204.85 trillion +0.5%
2019 219.85 trillion +7.3%
2020 221.13 trillion +0.6%
2021 224.80 trillion +1.7%
2022 209.11 trillion -7.0%
2023 203.16 trillion -2.8%
2024 207.95 trillion +2.4%
2025 190.83 trillion -8.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 109.26 trillion 77.75 trillion 131.71 trillion 9
2010s 189.91 trillion 148.69 trillion 219.85 trillion 10
2020s 209.50 trillion 190.83 trillion 224.80 trillion 6

Countries ranked near Japan

  1. 1 Indonesia 472.14 trillion compare
  2. 2 Colombia 335.45 trillion compare
  3. 4 Chile 52.02 trillion compare
  4. 5 Argentina 20.21 trillion compare
  5. 6 Uganda 18.13 trillion compare

See the full ranking of 66 places →

More external debt data for Japan

All data for Japan →

Frequently asked questions

What is net (assets less liabilities), net claims on central government (ofcs) in Japan?
Net (assets less liabilities), net claims on central government (ofcs) in Japan was 190.83 trillion in 2025, according to International Monetary Fund.
What is the highest net (assets less liabilities), net claims on central government (ofcs) recorded in Japan?
The highest recorded value was 224.80 trillion in 2021.
What is the lowest net (assets less liabilities), net claims on central government (ofcs) recorded in Japan?
The lowest recorded value was 77.75 trillion in 2001.
How does Japan rank for net (assets less liabilities), net claims on central government (ofcs)?
Japan ranks 3rd out of 66 countries with data for 2025.
Is net (assets less liabilities), net claims on central government (ofcs) rising or falling in Japan?
Over the last ten years it is down 7.3%. The long-run trend across the full record is rising.
Where does this Japan data come from?
The figures come from International Monetary Fund, published as part of Net (assets less liabilities), Net Claims on Central Government (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.

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Net (assets less liabilities), Net Claims on Central Government (OFCS) in Japan. Statizoid, drawing on International Monetary Fund. Retrieved 02 September 2026, from https://debt.statizoid.com/stat/net-assets-less-liabilities-net-claims-on-central-government-ofcs-domestic-currency/japan/

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About this data

Indicator
Net (assets less liabilities), Net Claims on Central Government (OFCS) (Domestic currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
66 places, 1,144 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.