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Japan Loses Top Creditor Status for First Time in 34 Years

Bloomberg reports that Japan lost its position as the world’s largest creditor nation for the first time in 34 years, despite posting a record amount of overseas assets.
Japan Loses Top Creditor Status for First Time in 34 Years
Japan’s net external assets reached ¥533.05 trillion ($3.7 trillion) at the end of 2024, rising about 13% from the previous year, according to data released Tuesday by the Ministry of Finance. While the figure marked an all-time high, it was overtaken by Germany, whose net external assets totaled ¥569.7 trillion. China remained in third place with net assets of ¥516.3... ...

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