Japan vs United States: Gross capital formation (constant 2015 US$)

Japan
1.24 trillion constant 2015 US$
in 2024
United States
5.12 trillion constant 2015 US$
in 2024
Japan rank
3rd
United States rank
2nd

Gross capital formation (constant 2015 US$) over time

  • Japan
  • United States
1.0T2.0T3.0T4.0T5.0T197019972024

How they compare

United States currently reports 5.12 trillion constant 2015 US$ against 1.24 trillion constant 2015 US$ in Japan, a difference of 3.88 trillion constant 2015 US$.

That makes United States's figure about 4.1 times Japan's.

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

Japan ranks 3rd and United States ranks 2nd of 163 countries.

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

Head to head by decade

Decade Japan United States Difference Ahead
1970s 649.41 billion constant 2015 US$ 1.03 trillion constant 2015 US$ 376.91 billion constant 2015 US$ United States
1980s 895.77 billion constant 2015 US$ 1.46 trillion constant 2015 US$ 560.27 billion constant 2015 US$ United States
1990s 1.30 trillion constant 2015 US$ 2.09 trillion constant 2015 US$ 781.46 billion constant 2015 US$ United States
2000s 1.20 trillion constant 2015 US$ 3.12 trillion constant 2015 US$ 1.92 trillion constant 2015 US$ United States
2010s 1.16 trillion constant 2015 US$ 3.74 trillion constant 2015 US$ 2.58 trillion constant 2015 US$ United States
2020s 1.24 trillion constant 2015 US$ 4.78 trillion constant 2015 US$ 3.55 trillion constant 2015 US$ United States

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, Japan or United States?
United States, at 5.12 trillion constant 2015 US$ against 1.24 trillion constant 2015 US$ in Japan as of 2024.
What is the difference in gross capital formation between Japan and United States?
3.88 trillion constant 2015 US$, with United States ahead.
How many years of comparable data are there for Japan and United States?
55 years are reported by both, from 1970 to 2024.
How do Japan and United States rank globally for gross capital formation?
Japan ranks 3rd and United States ranks 2nd of 163 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs United States: Gross capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 23 October 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-2015-us/japan/united-states/

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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
203 places, 8,396 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.