Gross Fixed Capital Formation — Value Standard Local Currency, annual in Japan

Japan: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 1.55 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.55 % change on previous year
Change on year
down 67.3%
World rank
189th
of 230 countries
All-time high
29.87 % change on previous year
in 1973
All-time low
-12.42 % change on previous year
in 2009
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Japan, 1971–2024

-100102030197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross fixed capital formation — value standard local currency, annual in Japan stood at 1.55 % change on previous year.

Compared with earlier readings it is down 67.3% on the previous year and down 63.0% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, annual in Japan peaked at 29.87 % change on previous year in 1973 and was at its lowest, -12.42 % change on previous year, in 2009.

Japan ranks 189th of 230 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 — Value Standard Local Currency, annual in Japan, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate in Japan, 1971 to 2024.
Year % change on previous year Change
1971 6.12 % change on previous year
1972 14.06 % change on previous year +129.8%
1973 29.87 % change on previous year +112.4%
1974 14.06 % change on previous year -52.9%
1975 3.09 % change on previous year -78.1%
1976 7.91 % change on previous year +156.5%
1977 7.77 % change on previous year -1.8%
1978 11.01 % change on previous year +41.7%
1979 12.91 % change on previous year +17.3%
1980 8.05 % change on previous year -37.6%
1981 3.74 % change on previous year -53.5%
1982 1.39 % change on previous year -62.9%
1983 0.532 % change on previous year -61.7%
1984 4.8 % change on previous year +801.4%
1985 5.73 % change on previous year +19.6%
1986 5.21 % change on previous year -9.1%
1987 8.98 % change on previous year +72.2%
1988 13.45 % change on previous year +49.8%
1989 9.57 % change on previous year -28.9%
1990 10.29 % change on previous year +7.6%
1991 5.24 % change on previous year -49.1%
1992 -1.66 % change on previous year -131.6%
1993 -5.14 % change on previous year +210.0%
1994 2.87 % change on previous year -155.7%
1995 2.04 % change on previous year -28.7%
1996 5.93 % change on previous year +190.3%
1997 -1.7 % change on previous year -128.6%
1998 -5.5 % change on previous year +223.7%
1999 -2.85 % change on previous year -48.1%
2000 -0.0642 % change on previous year -97.7%
2001 -3.34 % change on previous year +5099.3%
2002 -6.58 % change on previous year +97.1%
2003 -2.18 % change on previous year -66.9%
2004 -0.4936 % change on previous year -77.3%
2005 2.88 % change on previous year -683.6%
2006 1.06 % change on previous year -63.4%
2007 -1.71 % change on previous year -261.6%
2008 -2.56 % change on previous year +49.9%
2009 -12.42 % change on previous year +385.6%
2010 -2.2 % change on previous year -82.2%
2011 1.58 % change on previous year -171.9%
2012 2.43 % change on previous year +53.3%
2013 4.99 % change on previous year +105.5%
2014 4.18 % change on previous year -16.2%
2015 3.24 % change on previous year -22.6%
2016 0.323 % change on previous year -90.0%
2017 2.61 % change on previous year +708.7%
2018 1.69 % change on previous year -35.3%
2019 1.34 % change on previous year -20.7%
2020 -3.45 % change on previous year -357.3%
2021 2.22 % change on previous year -164.4%
2022 3.3 % change on previous year +48.6%
2023 4.74 % change on previous year +43.6%
2024 1.55 % change on previous year -67.3%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in Japan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2001 -5099.3% -0.0642 % change on previous year -3.34 % change on previous year
1984 +801.4% 0.532 % change on previous year 4.8 % change on previous year
2017 +708.7% 0.323 % change on previous year 2.61 % change on previous year
2005 +683.6% -0.4936 % change on previous year 2.88 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 11.87 % change on previous year 3.09 % change on previous year 29.87 % change on previous year 9
1980s 6.14 % change on previous year 0.532 % change on previous year 13.45 % change on previous year 10
1990s 0.9524 % change on previous year -5.5 % change on previous year 10.29 % change on previous year 10
2000s -2.54 % change on previous year -12.42 % change on previous year 2.88 % change on previous year 10
2010s 2.02 % change on previous year -2.2 % change on previous year 4.99 % change on previous year 10
2020s 1.67 % change on previous year -3.45 % change on previous year 4.74 % change on previous year 5

Countries ranked near Japan

  1. 186 Czechoslovakia 1.89 % change on previous year compare
  2. 187 China, Hong Kong SAR 1.87 % change on previous year compare
  3. 188 Samoa 1.59 % change on previous year compare
  4. 190 South Africa 1.54 % change on previous year compare
  5. 191 Uruguay 1.53 % change on previous year compare
  6. 192 Sweden 1.22 % change on previous year compare

See the full ranking of 231 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, annual in Japan?
Gross fixed capital formation — value standard local currency, annual in Japan was 1.55 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, annual recorded in Japan?
The highest recorded value was 29.87 % change on previous year in 1973.
What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Japan?
The lowest recorded value was -12.42 % change on previous year in 2009.
How does Japan rank for gross fixed capital formation — value standard local currency, annual?
Japan ranks 189th out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, annual rising or falling in Japan?
Over the last ten years it is down 63.0%. The long-run trend across the full record is volatile.
Where does this Japan data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, annual in Japan. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/japan/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.