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

Domestic credit to private sector by banks (% of GDP) in Japan was 117.86 as of 2020. Its highest value over the past 60 years was 187.86 in 1999, while its lowest value was 56.31 in 1960.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), 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.

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

See also:

Year Value
1960 56.31
1961 56.89
1962 74.32
1963 81.69
1964 78.77
1965 81.81
1966 82.12
1967 81.48
1968 78.10
1969 78.06
1970 100.74
1971 111.27
1972 120.36
1973 119.22
1974 113.96
1975 116.89
1976 117.39
1977 115.34
1978 114.83
1979 116.13
1980 117.43
1981 119.97
1982 124.76
1983 129.13
1984 131.69
1985 135.07
1986 140.58
1987 154.37
1988 161.28
1989 167.69
1990 170.51
1991 169.25
1992 172.55
1993 174.93
1994 173.10
1995 171.96
1996 170.99
1997 181.32
1998 187.54
1999 187.86
2000 181.70
2001 105.68
2002 98.74
2003 94.71
2004 91.89
2005 92.40
2006 93.38
2007 92.91
2008 96.22
2009 101.75
2010 99.17
2011 99.18
2012 100.54
2013 103.06
2014 102.66
2015 100.80
2016 102.30
2017 104.74
2018 105.16
2019 107.20
2020 117.86

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 by banks are taken from the other depository corporations survey (line 22D) of the International Monetary Fund's (IMF) International Financial Statistics. The other depository corporations include all deposit taking corporations (deposit money banks) except monetary authorities (the central bank).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets