Gross fixed capital formation (current LCU) in Japan
Japan: Gross fixed capital formation (current LCU) was 176.40 trillion current LCU in 2024. ▲ Rising
Latest (2024)
176.40 trillion current LCU
Change on year
up 2.8%
World rank
7th
of 181 countries
All-time high
180.97 trillion current LCU
in 1991
All-time low
32.12 trillion current LCU
in 1970
Years of data
55
1970–2024
Gross fixed capital formation in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Japan recorded 176.40 trillion current LCU for gross fixed capital formation in 2024.
That represents a change of up 2.8% on the previous year and up 26.5% over ten years.
Over the whole period, gross fixed capital formation in Japan peaked at 180.97 trillion current LCU in 1991 and was at its lowest, 32.12 trillion current LCU, in 1970.
That places Japan 7th out of 181 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross fixed capital formation (current LCU) in Japan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 32.12 trillion current LCU | — |
| 1971 | 34.09 trillion current LCU | +6.1% |
| 1972 | 38.89 trillion current LCU | +14.1% |
| 1973 | 50.50 trillion current LCU | +29.9% |
| 1974 | 57.60 trillion current LCU | +14.1% |
| 1975 | 59.38 trillion current LCU | +3.1% |
| 1976 | 64.08 trillion current LCU | +7.9% |
| 1977 | 69.06 trillion current LCU | +7.8% |
| 1978 | 76.66 trillion current LCU | +11.0% |
| 1979 | 86.56 trillion current LCU | +12.9% |
| 1980 | 93.53 trillion current LCU | +8.1% |
| 1981 | 97.39 trillion current LCU | +4.1% |
| 1982 | 98.24 trillion current LCU | +0.9% |
| 1983 | 96.55 trillion current LCU | -1.7% |
| 1984 | 101.14 trillion current LCU | +4.8% |
| 1985 | 109.43 trillion current LCU | +8.2% |
| 1986 | 114.36 trillion current LCU | +4.5% |
| 1987 | 122.64 trillion current LCU | +7.2% |
| 1988 | 139.27 trillion current LCU | +13.6% |
| 1989 | 155.80 trillion current LCU | +11.9% |
| 1990 | 172.74 trillion current LCU | +10.9% |
| 1991 | 180.97 trillion current LCU | +4.8% |
| 1992 | 178.23 trillion current LCU | -1.5% |
| 1993 | 172.39 trillion current LCU | -3.3% |
| 1994 | 168.32 trillion current LCU | -2.4% |
| 1995 | 169.70 trillion current LCU | +0.8% |
| 1996 | 180.62 trillion current LCU | +6.4% |
| 1997 | 177.98 trillion current LCU | -1.5% |
| 1998 | 165.19 trillion current LCU | -7.2% |
| 1999 | 160.07 trillion current LCU | -3.1% |
| 2000 | 161.50 trillion current LCU | +0.9% |
| 2001 | 156.33 trillion current LCU | -3.2% |
| 2002 | 146.68 trillion current LCU | -6.2% |
| 2003 | 142.32 trillion current LCU | -3.0% |
| 2004 | 140.96 trillion current LCU | -1.0% |
| 2005 | 144.46 trillion current LCU | +2.5% |
| 2006 | 146.22 trillion current LCU | +1.2% |
| 2007 | 144.08 trillion current LCU | -1.5% |
| 2008 | 140.74 trillion current LCU | -2.3% |
| 2009 | 123.26 trillion current LCU | -12.4% |
| 2010 | 120.21 trillion current LCU | -2.5% |
| 2011 | 121.59 trillion current LCU | +1.2% |
| 2012 | 125.14 trillion current LCU | +2.9% |
| 2013 | 131.31 trillion current LCU | +4.9% |
| 2014 | 139.46 trillion current LCU | +6.2% |
| 2015 | 144.75 trillion current LCU | +3.8% |
| 2016 | 145.27 trillion current LCU | +0.4% |
| 2017 | 149.31 trillion current LCU | +2.8% |
| 2018 | 152.15 trillion current LCU | +1.9% |
| 2019 | 155.41 trillion current LCU | +2.1% |
| 2020 | 150.36 trillion current LCU | -3.3% |
| 2021 | 155.31 trillion current LCU | +3.3% |
| 2022 | 162.81 trillion current LCU | +4.8% |
| 2023 | 171.55 trillion current LCU | +5.4% |
| 2024 | 176.40 trillion current LCU | +2.8% |
Japan compared with similar countries
- Japan's 176.40 trillion current LCU is above the median for high income countries, which is 147.41 billion current LCU, 1196.7× the median. (64 countries reporting)
- Japan's 176.40 trillion current LCU is above the median for East Asia & Pacific, which is 174.36 billion current LCU, 1011.7× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 56.89 trillion current LCU | 32.12 trillion current LCU | 86.56 trillion current LCU | 10 |
| 1980s | 112.83 trillion current LCU | 93.53 trillion current LCU | 155.80 trillion current LCU | 10 |
| 1990s | 172.62 trillion current LCU | 160.07 trillion current LCU | 180.97 trillion current LCU | 10 |
| 2000s | 144.65 trillion current LCU | 123.26 trillion current LCU | 161.50 trillion current LCU | 10 |
| 2010s | 138.46 trillion current LCU | 120.21 trillion current LCU | 155.41 trillion current LCU | 10 |
| 2020s | 163.28 trillion current LCU | 150.36 trillion current LCU | 176.40 trillion current LCU | 5 |
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)
- 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 fixed capital formation in Japan?
- Gross fixed capital formation in Japan was 176.40 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Japan?
- The highest recorded value was 180.97 trillion current LCU in 1991.
- What is the lowest gross fixed capital formation recorded in Japan?
- The lowest recorded value was 32.12 trillion current LCU in 1970.
- How does Japan rank for gross fixed capital formation?
- Japan ranks 7th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Japan?
- Over the last ten years it is up 26.5%. 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 fixed capital formation (current LCU). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.