Gross fixed capital formation in Japan
Japan: Gross fixed capital formation was 27.8% in 2024. ▼ Falling
Gross fixed capital formation in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Japan recorded 27.8% for gross fixed capital formation in 2024.
Compared with earlier readings it is down 0.1% on the previous year and up 5.3% over ten years.
Over the whole period, gross fixed capital formation in Japan peaked at 41.2% in 1973 and was at its lowest, 23.6%, in 2010.
Japan ranks 40th of 180 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Gross fixed capital formation in Japan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 40.2% | — |
| 1971 | 38.8% | -3.6% |
| 1972 | 38.7% | -0.4% |
| 1973 | 41.2% | +6.7% |
| 1974 | 39.4% | -4.4% |
| 1975 | 36.8% | -6.7% |
| 1976 | 35.3% | -3.9% |
| 1977 | 34.2% | -3.3% |
| 1978 | 34.4% | +0.8% |
| 1979 | 35.9% | +4.2% |
| 1980 | 35.8% | -0.3% |
| 1981 | 34.7% | -2.9% |
| 1982 | 33.3% | -4.0% |
| 1983 | 31.3% | -6.0% |
| 1984 | 31.0% | -1.1% |
| 1985 | 31.5% | +1.6% |
| 1986 | 31.3% | -0.4% |
| 1987 | 32.2% | +2.6% |
| 1988 | 34.1% | +5.8% |
| 1989 | 35.6% | +4.5% |
| 1990 | 36.7% | +3.1% |
| 1991 | 36.1% | -1.7% |
| 1992 | 34.6% | -4.0% |
| 1993 | 33.5% | -3.3% |
| 1994 | 32.3% | -3.6% |
| 1995 | 32.0% | -0.9% |
| 1996 | 33.1% | +3.4% |
| 1997 | 32.1% | -2.9% |
| 1998 | 30.4% | -5.3% |
| 1999 | 30.0% | -1.4% |
| 2000 | 29.7% | -0.8% |
| 2001 | 29.0% | -2.5% |
| 2002 | 27.6% | -4.9% |
| 2003 | 26.8% | -2.6% |
| 2004 | 26.4% | -1.8% |
| 2005 | 26.9% | +2.0% |
| 2006 | 27.1% | +0.6% |
| 2007 | 26.5% | -2.2% |
| 2008 | 26.4% | -0.3% |
| 2009 | 24.7% | -6.5% |
| 2010 | 23.6% | -4.5% |
| 2011 | 24.3% | +3.0% |
| 2012 | 24.8% | +2.0% |
| 2013 | 25.5% | +3.1% |
| 2014 | 26.4% | +3.5% |
| 2015 | 26.4% | -0.1% |
| 2016 | 26.1% | -0.9% |
| 2017 | 26.4% | +1.1% |
| 2018 | 26.7% | +1.2% |
| 2019 | 27.2% | +1.7% |
| 2020 | 27.1% | -0.2% |
| 2021 | 27.1% | -0.2% |
| 2022 | 27.8% | +2.8% |
| 2023 | 27.8% | +0.0% |
| 2024 | 27.8% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 37.5% | 34.2% | 41.2% | 10 |
| 1980s | 33.1% | 31.0% | 35.8% | 10 |
| 1990s | 33.1% | 30.0% | 36.7% | 10 |
| 2000s | 27.1% | 24.7% | 29.7% | 10 |
| 2010s | 25.7% | 23.6% | 27.2% | 10 |
| 2020s | 27.5% | 27.1% | 27.8% | 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)
- Manufacturing, value added (constant LCU), per capita 895,261 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual -7.46 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.2678 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 9,050 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual -0.2994 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 40.53 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 1.37 million current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) -4.58 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation in Japan?
- Gross fixed capital formation in Japan was 27.8% 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 41.2% in 1973.
- What is the lowest gross fixed capital formation recorded in Japan?
- The lowest recorded value was 23.6% in 2010.
- How does Japan rank for gross fixed capital formation?
- Japan ranks 40th out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Japan?
- Over the last ten years it is up 5.3%. 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 fixed capital formation (% of GDP). 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 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.