Gross capital formation in Japan
Japan: Gross capital formation was 27.7% in 2024. ▼ Falling
Gross capital formation in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Japan recorded 27.7% for gross capital formation in 2024.
The figure is down 0.4% on the previous year and up 5.1% over ten years.
Over the whole period, gross capital formation in Japan peaked at 44.3% in 1970 and was at its lowest, 23.6%, in 2010.
That places Japan 52nd out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Gross capital formation in Japan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 44.3% | — |
| 1971 | 40.6% | -8.4% |
| 1972 | 40.4% | -0.6% |
| 1973 | 43.3% | +7.2% |
| 1974 | 42.4% | -2.0% |
| 1975 | 37.2% | -12.2% |
| 1976 | 36.2% | -2.8% |
| 1977 | 35.1% | -3.1% |
| 1978 | 35.1% | +0.2% |
| 1979 | 36.9% | +5.1% |
| 1980 | 36.6% | -0.8% |
| 1981 | 35.5% | -3.1% |
| 1982 | 34.0% | -4.3% |
| 1983 | 31.6% | -7.1% |
| 1984 | 31.5% | -0.1% |
| 1985 | 32.4% | +2.8% |
| 1986 | 32.0% | -1.1% |
| 1987 | 32.5% | +1.4% |
| 1988 | 35.0% | +7.8% |
| 1989 | 36.6% | +4.4% |
| 1990 | 37.5% | +2.6% |
| 1991 | 37.0% | -1.3% |
| 1992 | 35.0% | -5.4% |
| 1993 | 33.7% | -3.8% |
| 1994 | 32.3% | -4.3% |
| 1995 | 32.3% | +0.1% |
| 1996 | 33.5% | +3.8% |
| 1997 | 32.7% | -2.6% |
| 1998 | 30.7% | -6.0% |
| 1999 | 29.3% | -4.7% |
| 2000 | 29.7% | +1.4% |
| 2001 | 29.0% | -2.2% |
| 2002 | 27.2% | -6.2% |
| 2003 | 26.8% | -1.5% |
| 2004 | 26.7% | -0.5% |
| 2005 | 27.0% | +1.3% |
| 2006 | 27.1% | +0.3% |
| 2007 | 26.8% | -1.0% |
| 2008 | 27.0% | +0.6% |
| 2009 | 23.7% | -12.2% |
| 2010 | 23.6% | -0.4% |
| 2011 | 24.5% | +3.7% |
| 2012 | 25.0% | +2.2% |
| 2013 | 25.4% | +1.5% |
| 2014 | 26.3% | +3.8% |
| 2015 | 26.6% | +0.8% |
| 2016 | 26.2% | -1.2% |
| 2017 | 26.6% | +1.5% |
| 2018 | 27.1% | +1.9% |
| 2019 | 27.3% | +0.7% |
| 2020 | 26.9% | -1.6% |
| 2021 | 27.3% | +1.6% |
| 2022 | 28.3% | +3.6% |
| 2023 | 27.8% | -1.9% |
| 2024 | 27.7% | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.2% | 35.1% | 44.3% | 10 |
| 1980s | 33.8% | 31.5% | 36.6% | 10 |
| 1990s | 33.4% | 29.3% | 37.5% | 10 |
| 2000s | 27.1% | 23.7% | 29.7% | 10 |
| 2010s | 25.9% | 23.6% | 27.3% | 10 |
| 2020s | 27.6% | 26.9% | 28.3% | 5 |
Countries ranked near Japan
- 49 Faroe Islands 28.2% compare
- 50 Somalia 28.1% compare
- 51 Kyrgyzstan 28.0% compare
- 53 Kazakhstan 27.2% compare
- 54 Brunei Darussalam 27.1% compare
- 55 Belarus 27.1% 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)
- Gross capital formation (constant 2015 US$), annual growth rate -0.821 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2964 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 10,017 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -3.01 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2287 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 7,730 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 4.49 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 34.62 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in Japan?
- Gross capital formation in Japan was 27.7% 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 44.3% in 1970.
- What is the lowest gross capital formation recorded in Japan?
- The lowest recorded value was 23.6% in 2010.
- How does Japan rank for gross capital formation?
- Japan ranks 52nd out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Japan?
- Over the last ten years it is up 5.1%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.