Japan vs United States: Gross fixed capital formation

Japan
1.25 trillion constant 2015 US$
in 2024
United States
5.02 trillion constant 2015 US$
in 2024
Japan rank
2nd
United States rank
1st

Gross fixed capital formation over time

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

How they compare

United States currently reports 5.02 trillion constant 2015 US$ against 1.25 trillion constant 2015 US$ in Japan, a difference of 3.77 trillion constant 2015 US$.

That makes United States's figure about 4.0 times Japan's.

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

Japan ranks 2nd and United States ranks 1st of 160 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 667.26 billion constant 2015 US$ 1.01 trillion constant 2015 US$ 343.41 billion constant 2015 US$ United States
1980s 929.52 billion constant 2015 US$ 1.46 trillion constant 2015 US$ 525.57 billion constant 2015 US$ United States
1990s 1.30 trillion constant 2015 US$ 2.06 trillion constant 2015 US$ 758.18 billion constant 2015 US$ United States
2000s 1.19 trillion constant 2015 US$ 3.12 trillion constant 2015 US$ 1.93 trillion constant 2015 US$ United States
2010s 1.16 trillion constant 2015 US$ 3.67 trillion constant 2015 US$ 2.51 trillion constant 2015 US$ United States
2020s 1.24 trillion constant 2015 US$ 4.70 trillion constant 2015 US$ 3.46 trillion constant 2015 US$ United States

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation, Japan or United States?
United States, at 5.02 trillion constant 2015 US$ against 1.25 trillion constant 2015 US$ in Japan as of 2024.
What is the difference in gross fixed capital formation between Japan and United States?
3.77 trillion constant 2015 US$, with United States ahead.
How many years of comparable data are there for Japan and United States?
55 years are reported by both, from 1970 to 2024.
How do Japan and United States rank globally for gross fixed capital formation?
Japan ranks 2nd and United States ranks 1st of 160 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs United States: Gross fixed capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 31 August 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-constant-2015-us/japan/united-states/

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About this data

Indicator
Gross fixed 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
193 places, 8,101 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 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.