24Peaks / Asia / Japan / Sovereign Debt Rating (0-21)

Japan - Sovereign Debt Rating (0-21) 16.67

World Bank · updated 2026-10-03 · 163 economies tracked

Latest value

16.67 (2025)

Global rank

##123 of 163 economies

Share of global total

1.0%

Growth since 1990

0.79×

Ranking Race — Sovereign Debt Rating (0-21)

1 = global #1 · lower value ranks higher

#1#21#41#61#81#101#12119901995200020052010201520202025#29#1232015 overtook Bermuda2016 overtook Israel
JapanVenezuela, RBLebanonBelarusUkraine

Real annual global ranks, 1990 - 2025. Japan climbed from #29 to #123 (overtook Bermuda). Gaps in a lane = missing data that year.

Key events for Japan ↓

Key Events — Japan

Auto-detected from rank data + curated milestones

1991
Asset bubble bursts curated

Equity and land prices collapse, opening the lost decades.

1997
Fell 16 places in global rank auto
2011
Earthquake, tsunami, nuclear crisis curated

Triple disaster disrupts supply chains and energy supply.

2015
Overtook Bermuda in global rank auto
2016
Overtook Israel in global rank auto

Sovereign Debt Rating (0-21), 1990-2025

World Bank · 0-21 rating · linear scale · ranking in the race above
1990200020102020202516.6718.1119.5621

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