Japanese bank lending rose 2.6 percent from a year earlier in May 2019, following a 2.4 percent increase in the previous month and beating market expectations of 2.5 percent. Loan Growth in Japan averaged 0.01 percent from 2001 until 2019, reaching an all time high of 3.60 percent in December of 2008 and a record low of -5 percent in October of 2002.
Loan Growth in Japan is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Japan to stand at 2.50 in 12 months time. In the long-term, the Japan Bank Lending is projected to trend around 2.40 percent in 2020, according to our econometric models.