12:13 - 27.05.2025

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May 27, Fineko/abc.az. For the first time in 34 years, Japan has lost its position as the world's largest creditor country, despite the placement of a record volume of foreign assets.

ABC.AZ informs that Japan's net foreign assets totaled 533.05 trillion yens ($3.7 trillion) by the end of 2024, up 13% from a year earlier, according to data from the Japanese Ministry of Finance released on Tuesday. However, this figure was surpassed by Germany, whose net foreign assets amounted to 569.7 trillion yens. China ranked third with net assets of 516.3 trillion yens.

Japan began its ascent to the top, surpassing Germany in 1991.