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Japan Personal Savings
Year |
GDP Trillions Yen |
Savings in Trillions of Yen at 33% |
Cumulative Savings in Trillions of Yen |
Savings $Billions at 110 yen/$ |
Cumulative savings $Billions at 33% |
Cumulative savings $Billions at 40% |
1960 |
15.5 |
5.1 |
5.1 |
$46.5 |
$46.5 |
$56.4 |
1961 |
18.5 |
6.1 |
11.2 |
$55.5 |
$102.0 |
$123.6 |
1962 |
21.5 |
7.1 |
18.3 |
$64.5 |
$166.5 |
$201.8 |
1963 |
24.5 |
8.1 |
26.4 |
$73.5 |
$240.0 |
$290.9 |
1964 |
30.0 |
9.9 |
36.3 |
$90.0 |
$330.0 |
$400.0 |
1965 |
36.0 |
11.9 |
48.2 |
$108.0 |
$438.0 |
$530.9 |
1966 |
42.0 |
13.9 |
62.0 |
$126.0 |
$564.0 |
$683.6 |
1967 |
50.0 |
16.5 |
78.5 |
$150.0 |
$714.0 |
$865.5 |
1968 |
59.0 |
19.5 |
98.0 |
$177.0 |
$891.0 |
$1,080.0 |
1969 |
65.0 |
21.5 |
119.5 |
$195.0 |
$1,086.0 |
$1,316.4 |
1970 |
70.9 |
23.4 |
142.9 |
$212.7 |
$1,298.7 |
$1,574.2 |
1971 |
86.0 |
28.4 |
171.2 |
$258.0 |
$1,556.7 |
$1,886.9 |
1972 |
101.0 |
33.3 |
204.6 |
$303.0 |
$1,859.7 |
$2,254.2 |
1973 |
116.0 |
38.3 |
242.8 |
$348.0 |
$2,207.7 |
$2,676.0 |
1974 |
131.0 |
43.2 |
286.1 |
$393.0 |
$2,600.7 |
$3,152.4 |
1975 |
148.3 |
48.9 |
335.0 |
$444.9 |
$3,045.6 |
$3,691.6 |
1976 |
164.6 |
54.3 |
389.3 |
$493.8 |
$3,539.4 |
$4,290.2 |
1977 |
182.0 |
60.1 |
449.4 |
$546.0 |
$4,085.4 |
$4,952.0 |
1978 |
199.0 |
65.7 |
515.1 |
$597.0 |
$4,682.4 |
$5,675.6 |
1979 |
214.0 |
70.6 |
585.7 |
$642.0 |
$5,324.4 |
$6,453.8 |
1980 |
243.2 |
80.3 |
666.0 |
$729.7 |
$6,054.1 |
$7,338.3 |
1981 |
261.0 |
86.1 |
752.1 |
$783.1 |
$6,837.2 |
$8,287.5 |
1982 |
274.1 |
90.4 |
842.5 |
$822.2 |
$7,659.3 |
$9,284.0 |
1983 |
285.6 |
94.2 |
936.8 |
$856.7 |
$8,516.1 |
$10,322.5 |
1984 |
304.9 |
100.6 |
1037.4 |
$914.6 |
$9,430.7 |
$11,431.1 |
1985 |
325.8 |
107.5 |
1144.9 |
$977.4 |
$10,408.0 |
$12,615.8 |
1986 |
340.9 |
112.5 |
1257.4 |
$1,022.8 |
$11,430.9 |
$13,855.6 |
1987 |
355.8 |
117.4 |
1374.8 |
$1,067.5 |
$12,498.4 |
$15,149.6 |
1988 |
381.6 |
125.9 |
1500.7 |
$1,144.7 |
$13,643.1 |
$16,537.1 |
1989 |
409.6 |
135.2 |
1635.9 |
$1,228.8 |
$14,871.9 |
$18,026.6 |
1990 |
441.9 |
145.8 |
1781.7 |
$1,325.7 |
$16,197.7 |
$19,633.5 |
1991 |
469.2 |
154.8 |
1936.6 |
$1,407.7 |
$17,605.4 |
$21,339.8 |
1992 |
481.6 |
158.9 |
2095.5 |
$1,444.7 |
$19,050.1 |
$23,091.0 |
1993 |
486.5 |
160.6 |
2256.1 |
$1,459.6 |
$20,509.7 |
$24,860.2 |
1994 |
491.8 |
162.3 |
2418.4 |
$1,475.5 |
$21,985.2 |
$26,648.7 |
1995 |
497.7 |
164.3 |
2582.6 |
$1,493.2 |
$23,478.4 |
$28,458.6 |
1996 |
510.8 |
168.6 |
2751.2 |
$1,532.4 |
$25,010.8 |
$30,316.1 |
1997 |
521.9 |
172.2 |
2923.4 |
$1,565.6 |
$26,576.4 |
$32,213.8 |
1998 |
515.8 |
170.2 |
3093.6 |
$1,547.5 |
$28,123.9 |
$34,089.6 |
1999 |
511.8 |
168.9 |
3262.5 |
$1,535.5 |
$29,659.4 |
$35,950.8 |
2000 |
536.0 |
176.9 |
3439.4 |
$1,608.0 |
$31,267.4 |
$37,899.9 |
2001 |
529.0 |
174.6 |
3614.0 |
$1,587.0 |
$32,854.4 |
$39,823.5 |
2002 |
535.0 |
176.6 |
3790.5 |
$1,605.0 |
$34,459.4 |
$41,769.0 |
2003 |
535.0 |
176.6 |
3967.1 |
$1,605.0 |
$36,064.4 |
$43,714.4 |
The following table is from
page 47 of "Japan in Figures 2003" which can be downloaded from http://www.stat.go.jp/english/data/figures/pdf/2003f.pdf
This Japanese government
report excludes Japanese personal savings in the semi-private postal savings accounts, and
it may exclude year end bonuses which can be as much as 100% of the annual salary.
These official statistics show
that the average Japanese worker's household has personal savings of 13.6 million yen,
which at 120 yen to the dollar is $113,000. Annual income is $64,125, liabilities
are $48,317, and loans on houses and land are $121,708. For multi-person households
alone, total assets are $365,583, which includes $74,583 in financial assets and $225,167
in houses and land, and annual income is $63,417.
This appears to be a very conservative estimate even considering that savings in postal
savings accounts and year end bonuses aren't included.
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