JAPAN DATA: Japan was the largest net creditor nation for 21 years
in a row in 2011, data released by the Ministry of Finance showed. Net
assets — assets held by both Japan’s private and public sectors minus
their liabilities — stood at Y253.0 trillion at the end of 2011, up
from Y251.5 trln in 2010. Net assets held by China was the second
largest in the world, totaling Y137.9 trln. Germany came in third with
Y93.9 trln. Net liabilities held by the U.S. totaled Y201.3 trln in
2011. Last year Japan’s assets totaled Y582.0 trln while its liabilities
came to Y329.0 trln. In the MOF data dating to 1996, Japan’s net assets
peaked at Y266.2 trln in 2009.
JAPAN DATA: Japan was the largest net creditor for…
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