Private Credit-to-GDP Gap (Quarterly): Japan

The latest reading SOTW holds for Japan is 5.67 percentage points of GDP for 2026-Q1, from Bank for International Settlements.

Reviewed series · Credit & Debt · Quarterly · percentage points of GDP · BIS.CREDIT.GAP.Q · JPN

Published private credit-to-GDP ratio minus its one-sided Hodrick-Prescott-filtered long-run trend. Displayed in percentage points of GDP, not a percentage growth rate. BIS gaps can differ from national authorities' countercyclical-buffer gaps. This statistical measure alone is not a crisis prediction or investment recommendation. BIS statistics are freely sourced and their inclusion must not result in any additional charge to users. BIS attribution is required; resale is not permitted by SOTW's rights policy. Collection time is not the original publication timestamp. Source dimensions, unit multipliers, confidentiality and observation flags are retained. Terms: https://data.bis.org/help/legal

This is a reviewed series. Open it in the interactive economic data explorer to choose dates, compare countries and see its source evidence and recorded history.

Latest
5.67
percentage points of GDP · 2026-Q1
Previous
5.87
percentage points of GDP · 2025-Q4
Earliest held
-23.11
percentage points of GDP · 2000-Q1
Readings shown
105
Every reading SOTW holds

Japan · history

percentage points of GDP · Quarterly

Source: Bank for International Settlements. Viewer read 2026-11-12T03:25:49.696Z (UTC); publisher acquisition and release times are not supplied here. Original units; no interpolation, rebasing or conversion. Missing periods and stored U/B flags interrupt the line. Daily gaps can include non-business days.

Readings, newest first

Private Credit-to-GDP Gap (Quarterly): Japan: 105 readings, newest first. Source: Bank for International Settlements.
PeriodValue (percentage points of GDP)
2026-Q15.67
2025-Q45.87
2025-Q34.18
2025-Q23.35
2025-Q14.61
2024-Q47.23
2024-Q36.72
2024-Q29.44
2024-Q110.40
2023-Q410.87
2023-Q312.08
2023-Q213.74
2023-Q115.76
2022-Q418.32
2022-Q318.93
2022-Q219.94
2022-Q120.06
2021-Q421.32
2021-Q321.36
2021-Q222.98
2021-Q126.56
2020-Q427.04
2020-Q326.18
2020-Q223.74
2020-Q113.20
2019-Q412.63
2019-Q310.50
2019-Q29.25
2019-Q18.85
2018-Q48.47
2018-Q36.84
2018-Q25.46
2018-Q14.66
2017-Q44.89
2017-Q34.37
2017-Q24.08
2017-Q14.45
2016-Q43.69
2016-Q31.90
2016-Q20.06
2016-Q1-1.03
2015-Q4-0.64
2015-Q3-1.59
2015-Q2-1.57
2015-Q10.24
2014-Q41.21
2014-Q30.31
2014-Q2-0.23
2014-Q11.21
2013-Q41.93
2013-Q31.37
2013-Q21.23
2013-Q12.05
2012-Q41.53
2012-Q3-0.16
2012-Q2-1.72
2012-Q10.69
2011-Q41.42
2011-Q30.48
2011-Q2-0.94
2011-Q1-1.69
2010-Q4-1.35
2010-Q3-0.41
2010-Q21.54
2010-Q12.74
2009-Q45.16
2009-Q33.51
2009-Q20.97
2009-Q1-1.35
2008-Q4-3.42
2008-Q3-8.28
2008-Q2-9.89
2008-Q1-13.21
2007-Q4-12.68
2007-Q3-14.94
2007-Q2-17.02
2007-Q1-15.42
2006-Q4-15.83
2006-Q3-17.24
2006-Q2-19.27
2006-Q1-19.92
2005-Q4-20.64
2005-Q3-22.40
2005-Q2-24.76
2005-Q1-24.36
2004-Q4-26.81
2004-Q3-28.84
2004-Q2-29.06
2004-Q1-28.36
2003-Q4-26.97
2003-Q3-28.56
2003-Q2-27.94
2003-Q1-26.39
2002-Q4-25.53
2002-Q3-27.46
2002-Q2-26.37
2002-Q1-26.39
2001-Q4-26.77
2001-Q3-28.58
2001-Q2-29.65
2001-Q1-28.33
2000-Q4-26.87
2000-Q3-26.14
2000-Q2-26.27
2000-Q1-23.11

Source: Bank for International Settlements. All 105 readings held, 2000-Q1 to 2026-Q1. n/a means the source value is missing or withheld.

More

Source: Bank for International Settlements (BIS), Credit-to-GDP gaps, https://data.bis.org/topics/CREDIT_GAPS. BIS statistics provided free of any additional charge; no BIS endorsement or affiliation is implied.

Licence: bis-terms-no-charge. Available for public reading; resale has not been cleared. Publisher page: https://data.bis.org/topics/CREDIT_GAPS