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Japan Falls to Second as Global Creditor Behind Germany

5/27/2025

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Summary

Story summary

For the first time in 34 years, Japan has slipped from its position as the world's leading creditor, now trailing behind Germany. Despite Japan's impressive net external assets soaring to a record 533.05 trillion yen ($3.7 trillion), a 12.9% rise, it still falls short of Germany's 569.65 trillion yen.

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Story summary

For the first time in 34 years, Japan has slipped from its position as the world's leading creditor, now trailing behind Germany. Despite Japan's impressive net external assets soaring to a record 533.05 trillion yen ($3.7 trillion), a 12.9% rise, it still falls short of Germany's 569.65 trillion yen.