Gross capital formation in Japan
Japan: Gross capital formation was -0.8% in 2024. ◆ Volatile
Gross capital formation in Japan, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Japan recorded -0.8% for gross capital formation in 2024.
The figure is down 1,437.4% on the previous year and down 118.5% over ten years.
Over the whole period, gross capital formation in Japan peaked at 15.6% in 1988 and was at its lowest, -16.2%, in 2009.
Japan ranks 127th of 168 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Japan, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 0.9% | — |
| 1972 | 9.8% | +1038.4% |
| 1973 | 11.9% | +20.6% |
| 1974 | -6.5% | -154.3% |
| 1975 | -5.2% | -19.4% |
| 1976 | 3.7% | -170.6% |
| 1977 | 3.0% | -17.2% |
| 1978 | 7.5% | +146.8% |
| 1979 | 6.4% | -14.6% |
| 1980 | -0.9% | -114.6% |
| 1981 | 2.9% | -415.5% |
| 1982 | -0.1% | -102.6% |
| 1983 | -2.5% | +3127.4% |
| 1984 | 5.4% | -318.4% |
| 1985 | 9.9% | +82.0% |
| 1986 | 5.2% | -47.5% |
| 1987 | 6.6% | +28.3% |
| 1988 | 15.6% | +134.0% |
| 1989 | 9.2% | -40.8% |
| 1990 | 7.3% | -20.5% |
| 1991 | 3.0% | -59.2% |
| 1992 | -3.6% | -220.9% |
| 1993 | -3.1% | -15.2% |
| 1994 | -2.3% | -26.4% |
| 1995 | 3.2% | -244.0% |
| 1996 | 6.8% | +110.1% |
| 1997 | -0.3% | -104.8% |
| 1998 | -6.2% | +1789.1% |
| 1999 | -4.5% | -28.1% |
| 2000 | 3.5% | -177.4% |
| 2001 | -1.2% | -135.5% |
| 2002 | -5.7% | +359.3% |
| 2003 | 0.1% | -101.4% |
| 2004 | 1.6% | +1841.2% |
| 2005 | 2.1% | +31.1% |
| 2006 | 0.4% | -81.1% |
| 2007 | 0.1% | -81.2% |
| 2008 | -2.7% | -3785.0% |
| 2009 | -16.2% | +491.7% |
| 2010 | 2.7% | -116.6% |
| 2011 | 2.1% | -22.6% |
| 2012 | 3.6% | +72.9% |
| 2013 | 1.9% | -46.5% |
| 2014 | 4.4% | +131.0% |
| 2015 | 3.8% | -14.2% |
| 2016 | 0.4% | -88.4% |
| 2017 | 2.0% | +346.2% |
| 2018 | 1.9% | -1.7% |
| 2019 | 0.7% | -63.2% |
| 2020 | -4.8% | -769.1% |
| 2021 | 2.7% | -156.5% |
| 2022 | 1.2% | -56.1% |
| 2023 | -0.1% | -104.5% |
| 2024 | -0.8% | +1437.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.5% | -6.5% | 11.9% | 9 |
| 1980s | 5.1% | -2.5% | 15.6% | 10 |
| 1990s | 0.0% | -6.2% | 7.3% | 10 |
| 2000s | -1.8% | -16.2% | 3.5% | 10 |
| 2010s | 2.4% | 0.4% | 4.4% | 10 |
| 2020s | -0.4% | -4.8% | 2.7% | 5 |
Countries ranked near Japan
- 124 Bulgaria 0.0% compare
- 125 Finland -0.5% compare
- 126 Seychelles -0.7% compare
- 128 Luxembourg -1.2% compare
- 129 Philippines -1.7% compare
- 130 Republic of Korea -1.7% compare
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)
- Services, value added (current US$), annual growth rate -3.58 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7143 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 24,141 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 3.88 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 108.12 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 3.65 million current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 0.8838 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.8012 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in Japan?
- Gross capital formation in Japan was -0.8% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Japan?
- The highest recorded value was 15.6% in 1988.
- What is the lowest gross capital formation recorded in Japan?
- The lowest recorded value was -16.2% in 2009.
- How does Japan rank for gross capital formation?
- Japan ranks 127th out of 168 countries with data for 2024.
- Is gross capital formation rising or falling in Japan?
- Over the last ten years it is down 118.5%. The long-run trend across the full record is volatile.
- Where does this Japan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.