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Japan Loses Largest Creditor Status to Germany After 34 Years – Coincu

Category: CRYPTO NEWS

The post Japan Loses Largest Creditor Status to Germany After 34 Years – Coincu appeared on BitcoinEthereumNews.com. Key Points: Japan’s status change in global creditor rankings, financial shifts, and leadership roles. Japan’s net foreign assets peak at 533.1 trillion yen. Germany now leads with 569.7 trillion yen in net assets. Japan has been surpassed by Germany as the world’s largest creditor nation for the first time in 34 years despite Japan’s foreign asset records. Germany’s creditor status shift bears significance for global economic dynamics, impacting Japan’s strategic financial positioning and emphasizing Germany’s current account surplus. Japan’s Record Asset Growth Overshadowed by Germany The Japanese Ministry of Finance announced that Japan’s net foreign asset balance hit a record high, increasing by 12.9% to 533.1 trillion yen, yet Germany surpassed Japan with 569.7 trillion yen. Japan’s asset growth was influenced by the yen’s depreciation and robust outbound investments. Germany’s advance was driven by its large current account surplus, overshadowing Japan’s net foreign asset record. The depreciation of the yen against the dollar and euro boosted the value of Japan’s foreign-denominated assets in yen terms. Japan’s outbound investments surged as its financial institutions and businesses actively invested overseas. Japan’s foreign liabilities also increased, reflecting greater borrowing. Japanese officials have not issued further comments, while German authorities have remained similarly discreet. “The value of net external assets, held by the Japanese government, businesses, and individuals, increased 60.9 trillion yen, or 12.9%, from a year before. The dollar and euro strengthened against the yen by 11.7% and 5% respectively, boosting the value of existing overseas assets in yen terms, while brisk overseas merger and acquisition activities by Japanese companies also contributed to the growth.” — Japanese Ministry of Finance Official Report Japan’s Strategic Response in the Face of Global Shifts Did you know? Japan held the position of the world’s largest creditor nation for 34 years, a status shift now highlighting Germany’s…

2025-05-27T02:35:37+00:00

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