Japan loses position as world’s largest creditor nation as Germany claims title after 34 years

Japan loses position as world’s largest creditor nation as Germany claims title after 34 years

In a historic shift, Germany has overtaken Japan as the world's leading creditor nation after 34 years, despite Japan's record ¥533.05 trillion in net external assets. Germany's substantial current account surplus, driven by strong trade, propelled it to the top with ¥569.7 trillion.

Japan loses status as world's top creditor for 1st time in 34 years

TOKYO (Kyodo) -- Japan lost its status as the world's top creditor for the first time in 34 years, overtaken by Germany, even as its net external asse