Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Japan

Gross capital formation (% of GDP) in Japan in 2024 — 27.7%. Ranked 39 in the world out of 169. Since 1970, the indicator has fallen by 16.7 pp.

2024 27.7% −0.1 pp vs 2023
World rank 39of 169
Period maximum 44.3%1970
Period minimum 23.6%2010

Trend over time

1970–2024 · % of GDP

Gross capital formation (% of GDP) — Japan, 1970–20242030405019701976198219881994200020062012201820241970: 44.3%1971: 40.6%1972: 40.4%1973: 43.3%1974: 42.4%1975: 37.2%1976: 36.2%1977: 35.1%1978: 35.1%1979: 36.9%1980: 36.6%1981: 35.5%1982: 34%1983: 31.6%1984: 31.5%1985: 32.4%1986: 32%1987: 32.5%1988: 35%1989: 36.6%1990: 37.5%1991: 37%1992: 35%1993: 33.7%1994: 32.3%1995: 32.3%1996: 33.5%1997: 32.7%1998: 30.7%1999: 29.3%2000: 29.7%2001: 29%2002: 27.2%2003: 26.8%2004: 26.7%2005: 27%2006: 27.1%2007: 26.8%2008: 27%2009: 23.7%2010: 23.6%2011: 24.5%2012: 25%2013: 25.4%2014: 26.3%2015: 26.6%2016: 26.2%2017: 26.6%2018: 27.1%2019: 27.3%2020: 26.9%2021: 27.3%2022: 28.3%2023: 27.8%2024: 27.7%
Change over the period: −16.7 pp Annual average: -0.31 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Japan

Japan 27.7%
World 26.3%
Eastern Asia computed 37.1%
High-income countries computed 22.6%
Gross capital formation (% of GDP) — Japan, by year Japan All countries CSV XLSX
Year % Change, pp
2024 27.7 −0.1 pp
2023 27.8 −0.5 pp
2022 28.3 +1 pp
2021 27.3 +0.4 pp
2020 26.9 −0.4 pp
2019 27.3 +0.2 pp
2018 27.1 +0.5 pp
2017 26.6 +0.4 pp
2016 26.2 −0.3 pp
2015 26.6 +0.2 pp
2014 26.3 +1 pp
2013 25.4 +0.4 pp
2012 25 +0.5 pp
2011 24.5 +0.9 pp
2010 23.6 −0.1 pp
2009 23.7 −3.3 pp
2008 27 +0.2 pp
2007 26.8 −0.3 pp
2006 27.1 +0.1 pp
2005 27 +0.3 pp
2004 26.7 −0.1 pp
2003 26.8 −0.4 pp
2002 27.2 −1.8 pp
2001 29 −0.6 pp
2000 29.7 +0.4 pp
1999 29.3 −1.5 pp
1998 30.7 −1.9 pp
1997 32.7 −0.9 pp
1996 33.5 +1.2 pp
1995 32.3 +0 pp
1994 32.3 −1.4 pp
1993 33.7 −1.3 pp
1992 35 −2 pp
1991 37 −0.5 pp
1990 37.5 +1 pp
1989 36.6 +1.5 pp
1988 35 +2.5 pp
1987 32.5 +0.5 pp
1986 32 −0.4 pp
1985 32.4 +0.9 pp
1984 31.5 −0 pp
1983 31.6 −2.4 pp
1982 34 −1.5 pp
1981 35.5 −1.1 pp
1980 36.6 −0.3 pp
1979 36.9 +1.8 pp
1978 35.1 +0.1 pp
1977 35.1 −1.1 pp
1976 36.2 −1.1 pp
1975 37.2 −5.2 pp
1974 42.4 −0.9 pp
1973 43.3 +2.9 pp
1972 40.4 −0.3 pp
1971 40.6 −3.7 pp
1970 44.3

Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.