The gross fixed capital formation grew 1.3% quarter-on-quarter in the fourth quarter of 2025, exceeding market expectations of a 1.1% increase, after showing no growth in the previous quarter. The latest reading was revised up from the preliminary estimate of a 0.2% rise. source: Cabinet Office, Japan

Gross Fixed Capital Formation in Japan increased to 107469.80 JPY Billion in the fourth quarter of 2025 from 106054.40 JPY Billion in the third quarter of 2025. Gross Fixed Capital Formation in Japan averaged 91906.35 JPY Billion from 1980 until 2025, reaching an all time high of 132062.90 JPY Billion in the first quarter of 1991 and a record low of 71463.10 JPY Billion in the third quarter of 1980. This page provides the latest reported value for - Japan Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Gross Fixed Capital Formation - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Gross Fixed Capital Formation in Japan increased to 107469.80 JPY Billion in the fourth quarter of 2025 from 106054.40 JPY Billion in the third quarter of 2025. Gross Fixed Capital Formation in Japan is expected to be 105465.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Gross Fixed Capital Formation is projected to trend around 109521.00 JPY Billion in 2027 and 110835.00 JPY Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-15 11:50 PM
GDP Capital Expenditure QoQ Prel
Q4 0.2% -0.3% 0.8% 1.0%
2026-03-09 11:50 PM
GDP Capital Expenditure QoQ Final
Q4 1.3% 0% 1.1% 0.2%


Related Last Previous Unit Reference
GDP Annual Growth Rate 0.10 0.60 percent Dec 2025
GDP Constant Prices 589727.60 589417.70 JPY Billion Dec 2025
GDP from Agriculture 5899.90 5846.30 JPY Billion Dec 2024
GDP from Construction 31263.60 33235.90 JPY Billion Dec 2024
GDP from Manufacturing 110990.40 117803.70 JPY Billion Dec 2024
GDP from Mining 210.10 213.60 JPY Billion Dec 2024
GDP from Public Administration 28319.80 27748.90 JPY Billion Dec 2024
GDP from Services 24487.50 25345.00 JPY Billion Dec 2024
GDP from Transport 32462.70 31309.90 JPY Billion Dec 2024
GDP from Utilities 18737.60 17352.40 JPY Billion Dec 2024
GDP Growth Annualized 1.30 -2.60 percent Dec 2025
GDP Growth Rate 0.30 -0.70 percent Dec 2025
GDP Capital Expenditure 107469.80 106054.40 JPY Billion Dec 2025
Gross National Product 618448.60 621427.50 JPY Billion Dec 2025


Japan Gross Fixed Capital Formation
Gross fixed capital formation measures the value of acquisitions of new or existing fixed assets by the business sector, governments and households (excluding their unincorporated enterprises) less disposals of fixed assets.
Actual Previous Highest Lowest Dates Unit Frequency
107469.80 106054.40 132062.90 71463.10 1980 - 2025 JPY Billion Quarterly
Constant Prices 2015, SA