Gross capital formation (constant 2015 US$) in Japan
Japan: Gross capital formation (constant 2015 US$) was 1.24 trillion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
1.24 trillion constant 2015 US$
Change on year
down 0.8%
World rank
3rd
of 163 countries
All-time high
1.37 trillion constant 2015 US$
in 1996
All-time low
563.03 billion constant 2015 US$
in 1970
Years of data
55
1970–2024
Gross capital formation in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Japan recorded 1.24 trillion constant 2015 US$ for gross capital formation in 2024.
That represents a change of down 0.8% on the previous year and up 7.1% over ten years.
Over the whole period, gross capital formation in Japan peaked at 1.37 trillion constant 2015 US$ in 1996 and was at its lowest, 563.03 billion constant 2015 US$, in 1970.
Japan ranks 3rd of 163 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross capital formation (constant 2015 US$) in Japan, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 563.03 billion constant 2015 US$ | — |
| 1971 | 567.90 billion constant 2015 US$ | +0.9% |
| 1972 | 623.81 billion constant 2015 US$ | +9.8% |
| 1973 | 697.86 billion constant 2015 US$ | +11.9% |
| 1974 | 652.84 billion constant 2015 US$ | -6.5% |
| 1975 | 618.90 billion constant 2015 US$ | -5.2% |
| 1976 | 641.63 billion constant 2015 US$ | +3.7% |
| 1977 | 661.13 billion constant 2015 US$ | +3.0% |
| 1978 | 710.73 billion constant 2015 US$ | +7.5% |
| 1979 | 756.24 billion constant 2015 US$ | +6.4% |
| 1980 | 749.19 billion constant 2015 US$ | -0.9% |
| 1981 | 771.22 billion constant 2015 US$ | +2.9% |
| 1982 | 770.62 billion constant 2015 US$ | -0.1% |
| 1983 | 751.48 billion constant 2015 US$ | -2.5% |
| 1984 | 792.25 billion constant 2015 US$ | +5.4% |
| 1985 | 870.45 billion constant 2015 US$ | +9.9% |
| 1986 | 915.54 billion constant 2015 US$ | +5.2% |
| 1987 | 976.40 billion constant 2015 US$ | +6.6% |
| 1988 | 1.13 trillion constant 2015 US$ | +15.6% |
| 1989 | 1.23 trillion constant 2015 US$ | +9.2% |
| 1990 | 1.32 trillion constant 2015 US$ | +7.3% |
| 1991 | 1.36 trillion constant 2015 US$ | +3.0% |
| 1992 | 1.31 trillion constant 2015 US$ | -3.6% |
| 1993 | 1.27 trillion constant 2015 US$ | -3.1% |
| 1994 | 1.24 trillion constant 2015 US$ | -2.3% |
| 1995 | 1.28 trillion constant 2015 US$ | +3.2% |
| 1996 | 1.37 trillion constant 2015 US$ | +6.8% |
| 1997 | 1.37 trillion constant 2015 US$ | -0.3% |
| 1998 | 1.28 trillion constant 2015 US$ | -6.2% |
| 1999 | 1.22 trillion constant 2015 US$ | -4.5% |
| 2000 | 1.27 trillion constant 2015 US$ | +3.5% |
| 2001 | 1.25 trillion constant 2015 US$ | -1.2% |
| 2002 | 1.18 trillion constant 2015 US$ | -5.7% |
| 2003 | 1.18 trillion constant 2015 US$ | +0.1% |
| 2004 | 1.20 trillion constant 2015 US$ | +1.6% |
| 2005 | 1.23 trillion constant 2015 US$ | +2.1% |
| 2006 | 1.23 trillion constant 2015 US$ | +0.4% |
| 2007 | 1.23 trillion constant 2015 US$ | +0.1% |
| 2008 | 1.20 trillion constant 2015 US$ | -2.7% |
| 2009 | 1.00 trillion constant 2015 US$ | -16.2% |
| 2010 | 1.03 trillion constant 2015 US$ | +2.7% |
| 2011 | 1.05 trillion constant 2015 US$ | +2.1% |
| 2012 | 1.09 trillion constant 2015 US$ | +3.6% |
| 2013 | 1.11 trillion constant 2015 US$ | +1.9% |
| 2014 | 1.16 trillion constant 2015 US$ | +4.4% |
| 2015 | 1.20 trillion constant 2015 US$ | +3.8% |
| 2016 | 1.21 trillion constant 2015 US$ | +0.4% |
| 2017 | 1.23 trillion constant 2015 US$ | +2.0% |
| 2018 | 1.26 trillion constant 2015 US$ | +1.9% |
| 2019 | 1.27 trillion constant 2015 US$ | +0.7% |
| 2020 | 1.21 trillion constant 2015 US$ | -4.8% |
| 2021 | 1.24 trillion constant 2015 US$ | +2.7% |
| 2022 | 1.25 trillion constant 2015 US$ | +1.2% |
| 2023 | 1.25 trillion constant 2015 US$ | -0.1% |
| 2024 | 1.24 trillion constant 2015 US$ | -0.8% |
Japan compared with similar countries
- Japan's 1.24 trillion constant 2015 US$ is above the median for high income countries, which is 50.23 billion constant 2015 US$, 24.7× the median. (58 countries reporting)
- Japan's 1.24 trillion constant 2015 US$ is above the median for East Asia & Pacific, which is 6.48 billion constant 2015 US$, 191.7× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 649.41 billion constant 2015 US$ | 563.03 billion constant 2015 US$ | 756.24 billion constant 2015 US$ | 10 |
| 1980s | 895.77 billion constant 2015 US$ | 749.19 billion constant 2015 US$ | 1.23 trillion constant 2015 US$ | 10 |
| 1990s | 1.30 trillion constant 2015 US$ | 1.22 trillion constant 2015 US$ | 1.37 trillion constant 2015 US$ | 10 |
| 2000s | 1.20 trillion constant 2015 US$ | 1.00 trillion constant 2015 US$ | 1.27 trillion constant 2015 US$ | 10 |
| 2010s | 1.16 trillion constant 2015 US$ | 1.03 trillion constant 2015 US$ | 1.27 trillion constant 2015 US$ | 10 |
| 2020s | 1.24 trillion constant 2015 US$ | 1.21 trillion constant 2015 US$ | 1.25 trillion constant 2015 US$ | 5 |
Countries ranked near Japan
- 1 China 7.36 trillion constant 2015 US$ compare
- 2 United States 5.12 trillion constant 2015 US$ compare
- 4 India 1.21 trillion constant 2015 US$ compare
- 5 Germany 771.95 billion constant 2015 US$ compare
- 6 United Kingdom 664.58 billion constant 2015 US$ 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)
- SDRs holdings, US dollar, annual growth rate 6.37 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0137 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 493.16 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.29 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 360.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.17 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.007 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Japan?
- Gross capital formation in Japan was 1.24 trillion constant 2015 US$ 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 1.37 trillion constant 2015 US$ in 1996.
- What is the lowest gross capital formation recorded in Japan?
- The lowest recorded value was 563.03 billion constant 2015 US$ in 1970.
- How does Japan rank for gross capital formation?
- Japan ranks 3rd out of 163 countries with data for 2024.
- Is gross capital formation rising or falling in Japan?
- Over the last ten years it is up 7.1%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 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.