China, People's Republic of vs Japan: Gross capital formation

China, People's Republic of
7.58 trillion current US$
in 2024
Japan
1.16 trillion current US$
in 2024
China, People's Republic of rank
1st
Japan rank
4th

Gross capital formation over time

  • China, People's Republic of
  • Japan
02.0T4.0T6.0T8.0T196019922024

How they compare

China, People's Republic of currently reports 7.58 trillion current US$ against 1.16 trillion current US$ in Japan, a difference of 6.42 trillion current US$.

That makes China, People's Republic of's figure about 6.5 times Japan's.

The two have swapped places 1 time across 55 shared years of data; in 1970 it was Japan ahead.

China, People's Republic of ranks 1st and Japan ranks 4th of 186 countries.

Across the 6 decades both report, China, People's Republic of averaged higher in 2 and Japan in 4.

Head to head by decade

Decade China, People's Republic of Japan Difference Ahead
1970s 48.17 billion current US$ 220.68 billion current US$ 172.51 billion current US$ Japan
1980s 94.70 billion current US$ 642.01 billion current US$ 547.31 billion current US$ Japan
1990s 255.41 billion current US$ 1.49 trillion current US$ 1.23 trillion current US$ Japan
2000s 1.07 trillion current US$ 1.29 trillion current US$ 225.02 billion current US$ Japan
2010s 4.70 trillion current US$ 1.39 trillion current US$ 3.32 trillion current US$ China, People's Republic of
2020s 7.40 trillion current US$ 1.29 trillion current US$ 6.11 trillion current US$ China, People's Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, China, People's Republic of or Japan?
China, People's Republic of, at 7.58 trillion current US$ against 1.16 trillion current US$ in Japan as of 2024.
What is the difference in gross capital formation between China, People's Republic of and Japan?
6.42 trillion current US$, with China, People's Republic of ahead.
How many years of comparable data are there for China, People's Republic of and Japan?
55 years are reported by both, from 1970 to 2024.
How do China, People's Republic of and Japan rank globally for gross capital formation?
China, People's Republic of ranks 1st and Japan ranks 4th of 186 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China, People's Republic of vs Japan: Gross capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 18 August 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-us/china/japan/

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About this data

Indicator
Gross capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 10,929 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 indicator is expressed in United States dollars.