Gross fixed capital formation in Japan
Japan: Gross fixed capital formation was -0.6% in 2024. ◆ Volatile
Gross fixed capital formation in Japan, 1971–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, gross fixed capital formation in Japan stood at -0.6%.
That represents a change of down 129.6% on the previous year and down 113.9% over ten years.
Over the whole period, gross fixed capital formation in Japan peaked at 12.8% in 1988 and was at its lowest, -10.5%, in 2009.
Japan ranks 136th of 166 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 fixed capital formation in Japan, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 4.7% | — |
| 1972 | 10.1% | +114.1% |
| 1973 | 11.6% | +14.7% |
| 1974 | -8.5% | -173.6% |
| 1975 | -0.7% | -92.0% |
| 1976 | 2.9% | -526.7% |
| 1977 | 2.8% | -1.7% |
| 1978 | 7.9% | +178.1% |
| 1979 | 5.9% | -25.6% |
| 1980 | -0.4% | -106.5% |
| 1981 | 2.2% | -678.8% |
| 1982 | -0.1% | -105.4% |
| 1983 | 0.7% | -721.4% |
| 1984 | 4.1% | +441.9% |
| 1985 | 5.5% | +35.2% |
| 1986 | 6.7% | +22.4% |
| 1987 | 9.8% | +45.8% |
| 1988 | 12.8% | +31.4% |
| 1989 | 7.2% | -43.9% |
| 1990 | 6.3% | -12.8% |
| 1991 | 2.9% | -53.7% |
| 1992 | -2.5% | -187.1% |
| 1993 | -4.9% | +93.2% |
| 1994 | -2.2% | -54.4% |
| 1995 | 2.2% | -199.6% |
| 1996 | 6.4% | +187.6% |
| 1997 | -0.5% | -108.4% |
| 1998 | -5.6% | +953.9% |
| 1999 | -1.1% | -80.8% |
| 2000 | 1.2% | -208.2% |
| 2001 | -1.5% | -227.8% |
| 2002 | -4.4% | +194.1% |
| 2003 | -1.0% | -77.6% |
| 2004 | 0.2% | -122.6% |
| 2005 | 2.9% | +1188.1% |
| 2006 | 0.7% | -74.4% |
| 2007 | -1.1% | -248.6% |
| 2008 | -3.7% | +235.8% |
| 2009 | -10.5% | +185.1% |
| 2010 | -1.6% | -84.8% |
| 2011 | 1.4% | -190.3% |
| 2012 | 3.4% | +139.1% |
| 2013 | 3.5% | +1.2% |
| 2014 | 4.1% | +17.0% |
| 2015 | 2.9% | -29.8% |
| 2016 | 0.7% | -76.9% |
| 2017 | 1.6% | +144.2% |
| 2018 | 1.3% | -20.6% |
| 2019 | 1.7% | +29.8% |
| 2020 | -3.5% | -307.7% |
| 2021 | 1.0% | -130.1% |
| 2022 | 0.5% | -54.9% |
| 2023 | 1.9% | +308.0% |
| 2024 | -0.6% | -129.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.1% | -8.5% | 11.6% | 9 |
| 1980s | 4.9% | -0.4% | 12.8% | 10 |
| 1990s | 0.1% | -5.6% | 6.4% | 10 |
| 2000s | -1.7% | -10.5% | 2.9% | 10 |
| 2010s | 1.9% | -1.6% | 4.1% | 10 |
| 2020s | -0.1% | -3.5% | 1.9% | 5 |
Countries ranked near Japan
- 133 Luxembourg -0.5% compare
- 134 Papua New Guinea -0.5% compare
- 135 Switzerland -0.5% compare
- 137 Seychelles -0.7% compare
- 138 Botswana -1.2% compare
- 139 Saudi Arabia -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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.85 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 150.1 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 5.07 million current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -0.6749 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.13 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 38,069 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -0.675 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 140.23 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation in Japan?
- Gross fixed capital formation in Japan was -0.6% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Japan?
- The highest recorded value was 12.8% in 1988.
- What is the lowest gross fixed capital formation recorded in Japan?
- The lowest recorded value was -10.5% in 2009.
- How does Japan rank for gross fixed capital formation?
- Japan ranks 136th out of 166 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Japan?
- Over the last ten years it is down 113.9%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.