Gross fixed capital formation (current US$) in Japan
Japan: Gross fixed capital formation (current US$) was 1.17 trillion current US$ in 2024. ▲ Rising
Latest (2024)
1.17 trillion current US$
Change on year
down 4.6%
World rank
4th
of 181 countries
All-time high
1.80 trillion current US$
in 1995
All-time low
89.24 billion current US$
in 1970
Years of data
55
1970–2024
Gross fixed capital formation in Japan, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross fixed capital formation in Japan stood at 1.17 trillion current US$.
The figure is down 4.6% on the previous year and down 11.5% over ten years.
Over the whole period, gross fixed capital formation in Japan peaked at 1.80 trillion current US$ in 1995 and was at its lowest, 89.24 billion current US$, in 1970.
That places Japan 4th out of 181 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross fixed capital formation (current US$) in Japan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 89.24 billion current US$ | — |
| 1971 | 97.22 billion current US$ | +8.9% |
| 1972 | 128.26 billion current US$ | +31.9% |
| 1973 | 185.86 billion current US$ | +44.9% |
| 1974 | 197.20 billion current US$ | +6.1% |
| 1975 | 200.06 billion current US$ | +1.5% |
| 1976 | 216.07 billion current US$ | +8.0% |
| 1977 | 257.18 billion current US$ | +19.0% |
| 1978 | 364.28 billion current US$ | +41.6% |
| 1979 | 394.99 billion current US$ | +8.4% |
| 1980 | 412.49 billion current US$ | +4.4% |
| 1981 | 441.59 billion current US$ | +7.1% |
| 1982 | 394.41 billion current US$ | -10.7% |
| 1983 | 406.50 billion current US$ | +3.1% |
| 1984 | 425.81 billion current US$ | +4.8% |
| 1985 | 458.77 billion current US$ | +7.7% |
| 1986 | 678.59 billion current US$ | +47.9% |
| 1987 | 847.89 billion current US$ | +24.9% |
| 1988 | 1.09 trillion current US$ | +28.2% |
| 1989 | 1.13 trillion current US$ | +3.9% |
| 1990 | 1.19 trillion current US$ | +5.6% |
| 1991 | 1.34 trillion current US$ | +12.6% |
| 1992 | 1.41 trillion current US$ | +4.8% |
| 1993 | 1.55 trillion current US$ | +10.2% |
| 1994 | 1.65 trillion current US$ | +6.2% |
| 1995 | 1.80 trillion current US$ | +9.6% |
| 1996 | 1.66 trillion current US$ | -8.0% |
| 1997 | 1.47 trillion current US$ | -11.4% |
| 1998 | 1.26 trillion current US$ | -14.2% |
| 1999 | 1.41 trillion current US$ | +11.4% |
| 2000 | 1.50 trillion current US$ | +6.6% |
| 2001 | 1.29 trillion current US$ | -14.2% |
| 2002 | 1.17 trillion current US$ | -9.1% |
| 2003 | 1.23 trillion current US$ | +4.9% |
| 2004 | 1.30 trillion current US$ | +6.1% |
| 2005 | 1.31 trillion current US$ | +0.6% |
| 2006 | 1.26 trillion current US$ | -4.1% |
| 2007 | 1.22 trillion current US$ | -2.7% |
| 2008 | 1.36 trillion current US$ | +11.3% |
| 2009 | 1.32 trillion current US$ | -3.3% |
| 2010 | 1.37 trillion current US$ | +4.0% |
| 2011 | 1.52 trillion current US$ | +11.3% |
| 2012 | 1.57 trillion current US$ | +2.9% |
| 2013 | 1.35 trillion current US$ | -14.2% |
| 2014 | 1.32 trillion current US$ | -2.2% |
| 2015 | 1.20 trillion current US$ | -9.2% |
| 2016 | 1.34 trillion current US$ | +11.7% |
| 2017 | 1.33 trillion current US$ | -0.3% |
| 2018 | 1.38 trillion current US$ | +3.5% |
| 2019 | 1.43 trillion current US$ | +3.5% |
| 2020 | 1.41 trillion current US$ | -1.2% |
| 2021 | 1.42 trillion current US$ | +0.5% |
| 2022 | 1.24 trillion current US$ | -12.5% |
| 2023 | 1.22 trillion current US$ | -1.4% |
| 2024 | 1.17 trillion current US$ | -4.6% |
Japan compared with similar countries
- Japan's 1.17 trillion current US$ is above the median for high income countries, which is 50.73 billion current US$, 23.0× the median. (64 countries reporting)
- Japan's 1.17 trillion current US$ is above the median for East Asia & Pacific, which is 6.21 billion current US$, 187.5× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 213.04 billion current US$ | 89.24 billion current US$ | 394.99 billion current US$ | 10 |
| 1980s | 628.21 billion current US$ | 394.41 billion current US$ | 1.13 trillion current US$ | 10 |
| 1990s | 1.47 trillion current US$ | 1.19 trillion current US$ | 1.80 trillion current US$ | 10 |
| 2000s | 1.30 trillion current US$ | 1.17 trillion current US$ | 1.50 trillion current US$ | 10 |
| 2010s | 1.38 trillion current US$ | 1.20 trillion current US$ | 1.57 trillion current US$ | 10 |
| 2020s | 1.29 trillion current US$ | 1.17 trillion current US$ | 1.42 trillion current US$ | 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 1.17 trillion current US$ 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 1.80 trillion current US$ in 1995.
- What is the lowest gross fixed capital formation recorded in Japan?
- The lowest recorded value was 89.24 billion current US$ in 1970.
- How does Japan rank for gross fixed capital formation?
- Japan ranks 4th 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 down 11.5%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). 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 indicator is expressed in United States dollars.