China (People’s Republic of) vs Japan: Gross fixed capital formation

China (People’s Republic of)
7.43 trillion current US$
in 2024
Japan
1.17 trillion current US$
in 2024
China (People’s Republic of) rank
1st
Japan rank
4th

Gross fixed 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 7.43 trillion current US$ against 1.17 trillion current US$ in Japan, a difference of 6.26 trillion current US$.

That makes China (People’s Republic of)'s figure about 6.4 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 180 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 38.29 billion current US$ 213.04 billion current US$ 174.75 billion current US$ Japan
1980s 76.39 billion current US$ 628.21 billion current US$ 551.82 billion current US$ Japan
1990s 220.52 billion current US$ 1.47 trillion current US$ 1.25 trillion current US$ Japan
2000s 1.02 trillion current US$ 1.30 trillion current US$ 275.24 billion current US$ Japan
2010s 4.55 trillion current US$ 1.38 trillion current US$ 3.17 trillion current US$ China (People’s Republic of)
2020s 7.23 trillion current US$ 1.29 trillion current US$ 5.95 trillion current US$ China (People’s Republic of)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation, China (People’s Republic of) or Japan?
China (People’s Republic of), at 7.43 trillion current US$ against 1.17 trillion current US$ in Japan as of 2024.
What is the difference in gross fixed capital formation between China (People’s Republic of) and Japan?
6.26 trillion current US$, with China (People’s Republic of) ahead.
How many years of comparable data are there for China (People’s Republic of) and Japan?
55 years are reported by both, from 1970 to 2024.
How do China (People’s Republic of) and Japan rank globally for gross fixed capital formation?
China (People’s Republic of) ranks 1st and Japan ranks 4th of 180 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). 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 fixed capital formation. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 17 August 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-current-us/china/japan/

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About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,305 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.