Japan: External debt

* indicates monthly or quarterly data series
 Japan

External debt, percent of GDP

 Latest value 108.78
 Year 2024
 Measure percent
 Data availability 2003 - 2024
 Average 62.57
 Min - Max 29.97 - 108.78
 Source The World Bank
 Available for Data download
The latest value from 2024 is 108.78 percent, an increase from 106.86 percent in 2023. In comparison, the world average is 132.26 percent, based on data from 119 countries. Historically, the average for Japan from 2003 to 2024 is 62.57 percent. The minimum value, 29.97 percent, was reached in 2003 while the maximum of 108.78 percent was recorded in 2024. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Japan: External debt
 2024 108.78
 2023 106.86
 2022 102.97
 2021 92.06
 2020 95.44
 2019 82.92
 2018 79.60
 2017 73.00




Definition: The total debt of public and private borrowers held by non-residents as percent of GDP. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 89.60 2024 percent
 Trade openness 44.85 2024 percent
 Financial openness 2.290 2022 index points
 Exports, percent of GDP 21.98 2024 percent
 Exports, billion dollars 920.96 2024 billion U.S. dollars
 Growth of exports 0.91 2024 percent
 Imports, percent of GDP 22.87 2024 percent
 Imports, billion dollars 958.38 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.03 2025 percent
 Foreign Direct Investment, billion dollars 18.87 2024 billion U.S. dollars
 Portfolio investment inflows, equities 57,424.27 2025 million dollars (current)
 Current account, percent of GDP 4.86 2025 percent
 Current account, in dollars 215.77 2025 billion U.S. dollars
 Current Account, quarterly 5.03 6/2026 percent
 Trade balance, percent of GDP -0.89 2024 percent
 Trade balance, in dollars -42.60 2024 billion U.S. dollars
 Reserves 1,371.40 2025 billion U.S. dollars
 Remittances, percent of GDP 0.11 2025 percent
 Remittances 4,726.84 2025 million U.S. dollars
 Net errors and omissions -13,567.10 2025 million USD
 External debt 108.78 2024 percent
 Short-term external debt 73.10 2024 percent
 Short-term debt to reserves 259.71 2024 percent
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