Japan Dominates for 34 Years Only to Be Overtaken by Germany! Is the Global Debt King Position Changing and Will the Economic Landscape Shift?
Shocking! Japan has held the title of the world's largest creditor nation for 34 years, but finally in 2025, it was kicked off its throne by Germany!
Latest data shows that Germany's net overseas assets have surged to 569.7 trillion yen, successfully surpassing Japan's 533.1 trillion, ascending to the title of 'Debt King' globally. Although Japan has reached a historic high, it still fell under the crushing weight of Germany's massive surplus.
Behind this dramatic turnaround, the depreciation of the yen is undoubtedly Japan's 'double-edged sword'—it has inflated asset values on paper, but has also revealed issues of soaring liabilities and expanded borrowing. In contrast, Germany is steadily reaping global dividends thanks to its strong exports and account surplus.
This transfer of power is not just about a better ranking. It signifies that Japan may need to reassess its overseas investment strategy, and its financial layout might undergo significant adjustments. Meanwhile, Germany's presence in the global financial landscape has surged.
As global capital flows intensify, who will be the next 'Debt King Hunter'? Don't blink, the drama has only just begun!