Gross fixed capital formation in Japan

Japan: Gross fixed capital formation was 1.17 trillion current US$ in 2024. ▲ Rising

Latest (2024)
1.17 trillion current US$
Change on year
down 4.6%
World rank
4th
of 180 countries
All-time high
1.80 trillion current US$
in 1995
All-time low
89.24 billion current US$
in 1970
Years of data
55
1970–2024

Gross fixed capital formation in Japan, 1970–2024

0500.0B1.0T1.5T2.0T197019972024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2024, gross fixed capital formation in Japan stood at 1.17 trillion current US$.

The figure is down 4.6% on the previous year and down 11.5% over ten years.

Over the whole period, gross fixed capital formation in Japan peaked at 1.80 trillion current US$ in 1995 and was at its lowest, 89.24 billion current US$, in 1970.

That places Japan 4th out of 180 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 213.04 billion current US$ 89.24 billion current US$ 394.99 billion current US$ 10
1980s 628.21 billion current US$ 394.41 billion current US$ 1.13 trillion current US$ 10
1990s 1.47 trillion current US$ 1.19 trillion current US$ 1.80 trillion current US$ 10
2000s 1.30 trillion current US$ 1.17 trillion current US$ 1.50 trillion current US$ 10
2010s 1.38 trillion current US$ 1.20 trillion current US$ 1.57 trillion current US$ 10
2020s 1.29 trillion current US$ 1.17 trillion current US$ 1.42 trillion current US$ 5

Countries ranked near Japan

  1. 1 China 7.43 trillion current US$ compare
  2. 2 United States 6.26 trillion current US$ compare
  3. 3 India 1.25 trillion current US$ compare
  4. 5 Germany 1.03 trillion current US$ compare
  5. 6 United Kingdom 755.83 billion current US$ compare
  6. 7 France 741.24 billion current US$ compare

See the full ranking of 223 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is gross fixed capital formation in Japan?
Gross fixed capital formation in Japan was 1.17 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Japan?
The highest recorded value was 1.80 trillion current US$ in 1995.
What is the lowest gross fixed capital formation recorded in Japan?
The lowest recorded value was 89.24 billion current US$ in 1970.
How does Japan rank for gross fixed capital formation?
Japan ranks 4th out of 180 countries with data for 2024.
Is gross fixed capital formation rising or falling in Japan?
Over the last ten years it is down 11.5%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.

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CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,305 data points, 1960–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.