India vs Japan: Gross fixed capital formation

India
1.25 trillion current US$
in 2025
Japan
1.17 trillion current US$
in 2024
India rank
3rd
Japan rank
4th

Gross fixed capital formation over time

  • India
  • Japan
0500.0B1.0T1.5T2.0T196019922025

How they compare

India currently reports 1.25 trillion current US$ against 1.17 trillion current US$ in Japan, a difference of 87.86 billion current US$.

That makes India's figure about 1.1 times Japan's.

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

India ranks 3rd and Japan ranks 4th of 179 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 18.02 billion current US$ 213.04 billion current US$ 195.01 billion current US$ Japan
1980s 52.50 billion current US$ 628.21 billion current US$ 575.71 billion current US$ Japan
1990s 89.09 billion current US$ 1.47 trillion current US$ 1.39 trillion current US$ Japan
2000s 269.51 billion current US$ 1.30 trillion current US$ 1.03 trillion current US$ Japan
2010s 658.96 billion current US$ 1.38 trillion current US$ 719.94 billion current US$ Japan
2020s 1.01 trillion current US$ 1.29 trillion current US$ 284.27 billion current US$ Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation, India or Japan?
India, at 1.25 trillion current US$ against 1.17 trillion current US$ in Japan as of 2025.
What is the difference in gross fixed capital formation between India and Japan?
87.86 billion current US$, with India ahead.
How many years of comparable data are there for India and Japan?
55 years are reported by both, from 1970 to 2024.
How do India and Japan rank globally for gross fixed capital formation?
India ranks 3rd and Japan ranks 4th of 179 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

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.