India vs Japan: Gross capital formation

India

1.37 trillion current US$

in 2025

Japan

1.16 trillion current US$

in 2024

India rank

3rd

Japan rank

4th

Gross capital formation over time

India
Japan

How they compare

India currently reports 1.37 trillion current US$ against 1.16 trillion current US$ in Japan, a difference of 209.16 billion current US$.

That makes India's figure about 1.2 times Japan's.

The two have swapped places 1 time across 55 shared years of data; in 1970 it was Japan ahead.

Globally, India ranks 3rd and Japan ranks 4th of 186 countries.

Individual pages

About this data

Indicator: Gross capital formation (current US$)
Unit: current US$
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 229 places, 10,929 data points, 1960–2025
Last refreshed: 06 August 2026

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.