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Japan: Gross fixed capital formation

Millions of local currency · 1868–2025 · 157 observations · forecasts to 2026 · finv

2025
167 trillionlocal currency
Change on 2024
+4.5%year on year
Average growth, 2015–2025
+2.2%a year
In US dollars, 2025
$1.12 trillionUS dollars

Gross fixed capital formation

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1M100M10B1T100T18801900192019401960198020002020JapanJapan
ForecastLocal currency

Compare with other countries →Definition of Gross fixed capital formation

Recent values

Millions of local currency

YearValue
2026172,700,000Forecast
2025166,900,000
2024159,700,000
2023154,100,000
2022147,100,000
2021141,300,000
2020137,500,000
2019142,500,000
2018140,600,000
2017138,300,000
2016134,800,000

Sources

  • Asian Historical Statistics1868–1940
  • Jones & Obstfeld1885–1944
  • Mitchell1885–2010
  • WDI (archive)1960–1996
  • OECD Economic Outlook1960–2025
  • FAO1970–2023
  • United Nations1970–2024
  • World Development Indicators1970–2024
  • IMF International Financial Statistics1994–2025
  • OECD Economic Outlook (forecast)2025–2027

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms