Japan | Domestic credit to private sector (% of GDP)

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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 are taken from the financial corporations survey (line 52D) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository survey (line 32D). The banking sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial corporations where data are available (including institutions that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.
Publisher
The World Bank
Origin
State of Japan
Records
63
Source
Japan | Domestic credit to private sector (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 105.96989038
1971 117.32758637
1972 126.57063037
1973 125.36684262
1974 119.95454905
1975 123.24323279
1976 123.87745373
1977 121.84347475
1978 121.11040201
1979 122.54902873
1980 124.50644516
1981 127.4871557
1982 132.56090336
1983 136.96706346
1984 139.73126749
1985 143.29369413
1986 148.98309739
1987 164.59802879
1988 173.48537785
1989 181.90693065
1990 186.98767882
1991 186.65684205
1992 190.37363446
1993 193.80738628
1994 195.58690752
1995 193.56189976
1996 193.50361051
1997 206.5826884
1998 214.58381718
1999 217.76088734
2000 208.81500556
2001 180.20153713
2002 177.91803557
2003 177.53632565
2004 170.77186684
2005 168.90340865
2006 166.64235041
2007 160.16788628
2008 158.49607388
2009 165.59583981
2010 158.61407796
2011 157.84035305
2012 158.24366347
2013 161.52019479
2014 162.52114932
2015 161.78030575
2016 162.35170325
2017 167.62776342
2018 167.34714849
2019 175.36378575
2020 193.74731952
2021 194.8609822
2022 196.06221127

Japan | Domestic credit to private sector (% of GDP)

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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 are taken from the financial corporations survey (line 52D) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository survey (line 32D). The banking sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial corporations where data are available (including institutions that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.
Publisher
The World Bank
Origin
State of Japan
Records
63
Source