India vs Japan: Gross capital formation

India
1.21 trillion constant 2015 US$
in 2025
Japan
1.24 trillion constant 2015 US$
in 2024
India rank
4th
Japan rank
3rd

Gross capital formation over time

  • India
  • Japan
0500.0B1.0T1.5T196019922025

How they compare

Japan currently reports 1.24 trillion constant 2015 US$ against 1.21 trillion constant 2015 US$ in India, a difference of 35.34 billion constant 2015 US$.

Across all 55 years both countries report, Japan has been ahead every year.

India ranks 4th and Japan ranks 3rd of 162 countries.

Japan has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade India Japan Difference Ahead
1970s 38.68 billion constant 2015 US$ 649.41 billion constant 2015 US$ 610.72 billion constant 2015 US$ Japan
1980s 61.77 billion constant 2015 US$ 895.77 billion constant 2015 US$ 834.01 billion constant 2015 US$ Japan
1990s 123.23 billion constant 2015 US$ 1.30 trillion constant 2015 US$ 1.18 trillion constant 2015 US$ Japan
2000s 310.43 billion constant 2015 US$ 1.20 trillion constant 2015 US$ 886.53 billion constant 2015 US$ Japan
2010s 702.94 billion constant 2015 US$ 1.16 trillion constant 2015 US$ 458.16 billion constant 2015 US$ Japan
2020s 978.28 billion constant 2015 US$ 1.24 trillion constant 2015 US$ 259.77 billion constant 2015 US$ Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, India or Japan?
Japan, at 1.24 trillion constant 2015 US$ against 1.21 trillion constant 2015 US$ in India as of 2024.
What is the difference in gross capital formation between India and Japan?
35.34 billion constant 2015 US$, with Japan ahead.
How many years of comparable data are there for India and Japan?
55 years are reported by both, from 1970 to 2024.
How do India and Japan rank globally for gross capital formation?
India ranks 4th and Japan ranks 3rd of 162 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Japan: Gross capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 24 August 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-2015-us/india/japan/

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About this data

Indicator
Gross capital formation (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
202 places, 8,378 data points, 1960–2025
Last refreshed

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.