Gross capital formation in Japan
Japan: Gross capital formation was 1.24 trillion constant 2015 US$ in 2024. ▲ Rising
Gross capital formation in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Japan recorded 1.24 trillion constant 2015 US$ for gross capital formation in 2024.
That represents a change of down 0.8% on the previous year and up 7.1% over ten years.
Over the whole period, gross capital formation in Japan peaked at 1.37 trillion constant 2015 US$ in 1996 and was at its lowest, 563.03 billion constant 2015 US$, in 1970.
Japan ranks 3rd of 162 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 649.41 billion constant 2015 US$ | 563.03 billion constant 2015 US$ | 756.24 billion constant 2015 US$ | 10 |
| 1980s | 895.77 billion constant 2015 US$ | 749.19 billion constant 2015 US$ | 1.23 trillion constant 2015 US$ | 10 |
| 1990s | 1.30 trillion constant 2015 US$ | 1.22 trillion constant 2015 US$ | 1.37 trillion constant 2015 US$ | 10 |
| 2000s | 1.20 trillion constant 2015 US$ | 1.00 trillion constant 2015 US$ | 1.27 trillion constant 2015 US$ | 10 |
| 2010s | 1.16 trillion constant 2015 US$ | 1.03 trillion constant 2015 US$ | 1.27 trillion constant 2015 US$ | 10 |
| 2020s | 1.24 trillion constant 2015 US$ | 1.21 trillion constant 2015 US$ | 1.25 trillion constant 2015 US$ | 5 |
Countries ranked near Japan
- 1 China 7.36 trillion constant 2015 US$ compare
- 2 United States 5.12 trillion constant 2015 US$ compare
- 4 India 1.21 trillion constant 2015 US$ compare
- 5 Germany 771.95 billion constant 2015 US$ compare
- 6 United Kingdom 664.58 billion constant 2015 US$ compare
More economy & growth data for Japan
- DEC alternative conversion factor 149.66 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.25 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -28.09 billion current US$ (2024)
- Taxes less subsidies on products 3.66 trillion current LCU (2024)
- Taxes less subsidies on products 24.19 billion current US$ (2024)
- Net primary income (Net income from abroad) 38.60 trillion current LCU (2024)
- Net primary income (Net income from abroad) 255.03 billion current US$ (2024)
- GNI per capita 5.72 million current LCU (2025)
- GNI per capita, Atlas method 38,340 current US$ (2025)
- GNI 705.66 trillion current LCU (2025)
Frequently asked questions
- What is gross capital formation in Japan?
- Gross capital formation in Japan was 1.24 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Japan?
- The highest recorded value was 1.37 trillion constant 2015 US$ in 1996.
- What is the lowest gross capital formation recorded in Japan?
- The lowest recorded value was 563.03 billion constant 2015 US$ in 1970.
- How does Japan rank for gross capital formation?
- Japan ranks 3rd out of 162 countries with data for 2024.
- Is gross capital formation rising or falling in Japan?
- Over the last ten years it is up 7.1%. The long-run trend across the full record is rising.
- Where does this Japan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.