Japan

Japan's SDR position has grown dramatically alongside its post-war economic transformation. Japan was the second-largest IMF quota holder for decades before China overtook it. The Japanese yen remains a component of the SDR basket. Japan is a major IMF creditor and frequently contributes to IMF lending arrangements, keeping its holdings slightly above allocation.

Current Allocation

SDR 26.5B

2026

Current Holdings

SDR 27.0B

+1.8% vs allocation

IMF Quota Share

6.47%

SDR 30.8B quota

Allocation Growth

+21570%

Since 1970

Initial SDR Allocation

First Allocation Year

1970

Initial SDR Allocation

SDR 122M

Initial Quota Share

3.22%

SDR Allocation & Holdings Over Time

Allocation

Holdings

IMF Quota Share Evolution (%)

Decade-by-Decade SDR Status

Year	Allocation (M SDR)	Holdings (M SDR)	Quota Share	Net Position	Note
1970	122	122	3.22%	+0	Initial allocation
1981	776	800	3.17%	+24	—
1991	1,945	2,100	4.53%	+155	Japan rose to 2nd largest quota
2001	5,765	5,500	6.26%	-265	—
2011	15,629	16,000	6.56%	+372	—
2021	26,525	27,500	6.47%	+976	2021 allocation
2026Current	26,525	27,000	6.47%	+476	Current status

2026 — Current SDR Status

Total Allocation

SDR 26,525M

Current Holdings

SDR 27,000M

IMF Quota (SDR)

SDR 30,821M

Status

– Balanced (1.8%)