Japan falls to 3rd in net external assets

Japan fell to third place in the global ranking of net creditors in 2025, despite its net external assets reaching a record high of 561.75 trillion yen. This figure represents a 4.4 percent increase from the previous year, driven by increased overseas investment from Japanese companies and rising equity valuations. Japan lost its status as the world's top creditor at the end of 2024, overtaken by Germany for the first time in 34 years. Gross external assets rose by 8.5 percent, while external liabilities climbed by 10.5 percent.

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