Economic Outlook No 117 — Net capital outlays of the government in Japan
Japan: Economic Outlook No 117 — Net capital outlays of the government was 5.02 trillion in 2026. ◆ Volatile
Economic Outlook No 117 — Net capital outlays of the government in Japan, 1960–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
Japan recorded 5.02 trillion for economic outlook no 117 — net capital outlays of the government in 2026.
The figure is down 12.0% on the previous year and up 649.9% over ten years.
Over the whole period, economic outlook no 117 — net capital outlays of the government in Japan peaked at 47.56 trillion in 1998 and was at its lowest, -913.20 billion, in 2016.
That places Japan 1st out of 27 countries with data for 2026, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Net capital outlays of the government in Japan, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 693.71 billion | — |
| 1961 | 869.95 billion | +25.4% |
| 1962 | 1.12 trillion | +29.2% |
| 1963 | 1.27 trillion | +13.2% |
| 1964 | 1.50 trillion | +17.6% |
| 1965 | 1.63 trillion | +8.6% |
| 1966 | 1.95 trillion | +19.8% |
| 1967 | 2.06 trillion | +5.6% |
| 1968 | 2.48 trillion | +20.4% |
| 1969 | 2.93 trillion | +18.4% |
| 1970 | 3.62 trillion | +23.6% |
| 1971 | 4.43 trillion | +22.3% |
| 1972 | 5.52 trillion | +24.6% |
| 1973 | 7.08 trillion | +28.2% |
| 1974 | 7.85 trillion | +11.0% |
| 1975 | 8.58 trillion | +9.2% |
| 1976 | 9.27 trillion | +8.1% |
| 1977 | 10.98 trillion | +18.4% |
| 1978 | 13.13 trillion | +19.6% |
| 1979 | 14.49 trillion | +10.4% |
| 1980 | 14.82 trillion | +2.3% |
| 1981 | 15.53 trillion | +4.8% |
| 1982 | 14.56 trillion | -6.3% |
| 1983 | 13.63 trillion | -6.4% |
| 1984 | 13.09 trillion | -4.0% |
| 1985 | 12.23 trillion | -6.6% |
| 1986 | 12.56 trillion | +2.7% |
| 1987 | 13.61 trillion | +8.4% |
| 1988 | 15.02 trillion | +10.3% |
| 1989 | 16.18 trillion | +7.7% |
| 1990 | 17.28 trillion | +6.8% |
| 1991 | 18.93 trillion | +9.6% |
| 1992 | 22.39 trillion | +18.3% |
| 1993 | 26.84 trillion | +19.8% |
| 1994 | 26.00 trillion | -3.1% |
| 1995 | 25.73 trillion | -1.0% |
| 1996 | 28.17 trillion | +9.5% |
| 1997 | 22.80 trillion | -19.0% |
| 1998 | 47.56 trillion | +108.6% |
| 1999 | 23.67 trillion | -50.2% |
| 2000 | 25.05 trillion | +5.8% |
| 2001 | 18.99 trillion | -24.2% |
| 2002 | 16.22 trillion | -14.6% |
| 2003 | 14.15 trillion | -12.8% |
| 2004 | 3.70 trillion | -73.9% |
| 2005 | 5.30 trillion | +43.6% |
| 2006 | 3.69 trillion | -30.5% |
| 2007 | 4.01 trillion | +8.7% |
| 2008 | 3.41 trillion | -14.9% |
| 2009 | 9.42 trillion | +176.3% |
| 2010 | 6.00 trillion | -36.3% |
| 2011 | 5.74 trillion | -4.4% |
| 2012 | 4.63 trillion | -19.3% |
| 2013 | 6.90 trillion | +49.1% |
| 2014 | 4.54 trillion | -34.2% |
| 2015 | -223.40 billion | -104.9% |
| 2016 | -913.20 billion | +308.8% |
| 2017 | 1.38 trillion | -251.2% |
| 2018 | 2.64 trillion | +91.4% |
| 2019 | 4.44 trillion | +68.0% |
| 2020 | 5.82 trillion | +31.0% |
| 2021 | 5.59 trillion | -4.0% |
| 2022 | 2.30 trillion | -58.9% |
| 2023 | 2.75 trillion | +19.6% |
| 2024 | 3.70 trillion | +34.7% |
| 2025 | 5.71 trillion | +54.1% |
| 2026 | 5.02 trillion | -12.0% |
Japan compared with similar countries
- Japan's 5.02 trillion is above the median for high income countries, which is 43.87 billion, 114.5× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Economic Outlook No 117 — Net capital outlays of the government in Japan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -308.8% | -223.40 billion | -913.20 billion |
| 2017 | +251.2% | -913.20 billion | 1.38 trillion |
| 2009 | +176.3% | 3.41 trillion | 9.42 trillion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.65 trillion | 693.71 billion | 2.93 trillion | 10 |
| 1970s | 8.49 trillion | 3.62 trillion | 14.49 trillion | 10 |
| 1980s | 14.12 trillion | 12.23 trillion | 16.18 trillion | 10 |
| 1990s | 25.94 trillion | 17.28 trillion | 47.56 trillion | 10 |
| 2000s | 10.39 trillion | 3.41 trillion | 25.05 trillion | 10 |
| 2010s | 3.51 trillion | -913.20 billion | 6.90 trillion | 10 |
| 2020s | 4.41 trillion | 2.30 trillion | 5.82 trillion | 7 |
Countries ranked near Japan
More economy & growth data for Japan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.4463 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 217.76 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0491 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,765 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 45.81 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 142.69 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 371.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 11.44 % change on previous year (2025)
Frequently asked questions
- What is economic outlook no 117 — net capital outlays of the government in Japan?
- Economic outlook no 117 — net capital outlays of the government in Japan was 5.02 trillion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — net capital outlays of the government recorded in Japan?
- The highest recorded value was 47.56 trillion in 1998.
- What is the lowest economic outlook no 117 — net capital outlays of the government recorded in Japan?
- The lowest recorded value was -913.20 billion in 2016.
- How does Japan rank for economic outlook no 117 — net capital outlays of the government?
- Japan ranks 1st out of 27 countries with data for 2026.
- Is economic outlook no 117 — net capital outlays of the government rising or falling in Japan?
- Over the last ten years it is up 649.9%. The long-run trend across the full record is volatile.
- Where does this Japan data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Net capital outlays of the government. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP