Japan: Short-term debt to reserves

* indicates monthly or quarterly data series
 Japan

Short-term external debt, percent of international reserves

 Latest value 259.71
 Year 2024
 Measure percent
 Data availability 2003 - 2024
 Average 181.53
 Min - Max 103.84 - 259.71
 Source The World Bank
 Available for Data download
The latest value from 2024 is 259.71 percent, an increase from 250.94 percent in 2023. In comparison, the world average is 790.72 percent, based on data from 96 countries. Historically, the average for Japan from 2003 to 2024 is 181.53 percent. The minimum value, 103.84 percent, was reached in 2006 while the maximum of 259.71 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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* indicates monthly or quarterly data series
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 Recent values Japan: Short-term debt to reserves
 2024 259.71
 2023 250.94
 2022 255.45
 2021 224.78
 2020 246.19
 2019 223.93
 2018 228.24
 2017 204.71




Definition: Debt of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total foreign exchange reserves. 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 45.81 2025 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 -26.84 2025 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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