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Japan: Gross capital formation

Millions of local currency · 1885–2025 · 140 observations · forecasts to 2031 · inv

2025
170 trillionlocal currency
Change on 2024
+4.8%year on year
Average growth, 2015–2025
+2.3%a year
In US dollars, 2025
$1.13 trillionUS dollars

Gross capital formation

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10M1B100B10T1,000T1900192019401960198020002020JapanJapan
ForecastLocal currency

Compare with other countries →Definition of Gross capital formation

Recent values

Millions of local currency

YearValue
2031199,300,000Forecast
2030194,500,000Forecast
2029189,800,000Forecast
2028185,200,000Forecast
2027180,800,000Forecast
2026175,600,000Forecast
2025169,700,000
2024161,900,000
2023156,400,000
2022150,600,000
2021142,700,000
2020136,100,000
2019143,900,000
2018142,700,000
2017139,500,000
2016135,200,000

Sources

  • Jones & Obstfeld1885–1944
  • Jordà-Schularick-Taylor1885–2020
  • Mitchell1931–2010
  • Penn World Table1950–2019
  • WDI (archive)1960–1996
  • OECD Economic Outlook1960–2025
  • United Nations1970–2024
  • World Development Indicators1970–2024
  • IMF World Economic Outlook1980–2025
  • IMF International Financial Statistics1994–2025
  • Asian Development Bank (archive)2000–2024
  • Asian Development Bank2000–2025
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

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