India vs Japan: Gross capital formation

India
119.54 trillion current LCU
in 2025
Japan
175.55 trillion current LCU
in 2024
India rank
9th
Japan rank
7th

Gross capital formation over time

  • India
  • Japan
050.0T100.0T150.0T200.0T196019922025

How they compare

Japan currently reports 175.55 trillion current LCU against 119.54 trillion current LCU in India, a difference of 56.01 trillion current LCU.

That makes Japan's figure about 1.5 times India's.

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

India ranks 9th and Japan ranks 7th of 186 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 170.50 billion current LCU 59.05 trillion current LCU 58.88 trillion current LCU Japan
1980s 724.62 billion current LCU 115.25 trillion current LCU 114.53 trillion current LCU Japan
1990s 3.13 trillion current LCU 174.36 trillion current LCU 171.24 trillion current LCU Japan
2000s 13.67 trillion current LCU 144.64 trillion current LCU 130.98 trillion current LCU Japan
2010s 44.93 trillion current LCU 139.16 trillion current LCU 94.23 trillion current LCU Japan
2020s 86.47 trillion current LCU 163.60 trillion current LCU 77.13 trillion current LCU Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, India or Japan?
Japan, at 175.55 trillion current LCU against 119.54 trillion current LCU in India as of 2024.
What is the difference in gross capital formation between India and Japan?
56.01 trillion current LCU, 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 9th and Japan ranks 7th of 186 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current LCU). 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 21 August 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-lcu/india/japan/

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About this data

Indicator
Gross capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,699 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.