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
105.96989038 1970
117.32758637 1971
126.57063037 1972
125.36684262 1973
119.95454905 1974
123.24323279 1975
123.87745373 1976
121.84347475 1977
121.11040201 1978
122.54902873 1979
124.50644516 1980
127.4871557 1981
132.56090336 1982
136.96706346 1983
139.73126749 1984
143.29369413 1985
148.98309739 1986
164.59802879 1987
173.48537785 1988
181.90693065 1989
186.98767882 1990
186.65684205 1991
190.37363446 1992
193.80738628 1993
195.58690752 1994
193.56189976 1995
193.50361051 1996
206.5826884 1997
214.58381718 1998
217.76088734 1999
208.81500556 2000
180.20153713 2001
177.91803557 2002
177.53632565 2003
170.77186684 2004
168.90340865 2005
166.64235041 2006
160.16788628 2007
158.49607388 2008
165.59583981 2009
158.61407796 2010
157.84035305 2011
158.24366347 2012
161.52019479 2013
162.52114932 2014
161.78030575 2015
162.35170325 2016
167.62776342 2017
167.34714849 2018
175.36378575 2019
193.74731952 2020
194.8609822 2021
196.06221127 2022
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