Annual government expenditure by function (COFOG) — Gross capital in Japan

Japan: Annual government expenditure by function (COFOG) — Gross capital was 25.48 million National currency in 2024. ▲ Rising

Latest (2024)
25.48 million National currency
Change on year
up 9.6%
World rank
2nd
of 28 countries
All-time high
25.48 million National currency
in 2024
All-time low
19.35 million National currency
in 2012
Years of data
20
2005–2024

Annual government expenditure by function (COFOG) — Gross capital in Japan, 2005–2024

010.0M20.0M30.0M2005201420242005: 23.4M National currency2006: 21.9M National currency2007: 20.8M National currency2008: 20.4M National currency2009: 21.8M National currency2010: 19.9M National currency2011: 19.6M National currency2012: 19.3M National currency2013: 21.8M National currency2014: 21.8M National currency2015: 20.8M National currency2016: 20.5M National currency2017: 21.3M National currency2018: 22.6M National currency2019: 23.1M National currency2020: 24.6M National currency2021: 23.7M National currency2022: 22.9M National currency2023: 23.2M National currency2024: 25.5M National currency

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

In 2024, annual government expenditure by function (cofog) — gross capital in Japan stood at 25.48 million National currency. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 9.6% on the previous year and up 17.0% over ten years.

Over the whole period, annual government expenditure by function (cofog) — gross capital in Japan peaked at 25.48 million National currency in 2024 and was at its lowest, 19.35 million National currency, in 2012.

That places Japan 2nd out of 28 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 20 years of available data.

Annual government expenditure by function (COFOG) — Gross capital in Japan, year by year

Annual values for Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets in Japan, 2005 to 2024.
Year National currency Change
2005 23.39 million National currency
2006 21.86 million National currency -6.5%
2007 20.84 million National currency -4.7%
2008 20.35 million National currency -2.3%
2009 21.80 million National currency +7.1%
2010 19.87 million National currency -8.9%
2011 19.55 million National currency -1.6%
2012 19.35 million National currency -1.0%
2013 21.79 million National currency +12.6%
2014 21.77 million National currency -0.1%
2015 20.82 million National currency -4.4%
2016 20.48 million National currency -1.6%
2017 21.27 million National currency +3.9%
2018 22.57 million National currency +6.1%
2019 23.14 million National currency +2.5%
2020 24.61 million National currency +6.4%
2021 23.69 million National currency -3.7%
2022 22.94 million National currency -3.2%
2023 23.25 million National currency +1.4%
2024 25.48 million National currency +9.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 21.65 million National currency 20.35 million National currency 23.39 million National currency 5
2010s 21.06 million National currency 19.35 million National currency 23.14 million National currency 10
2020s 24.00 million National currency 22.94 million National currency 25.48 million National currency 5

Countries ranked near Japan

  1. 1 Colombia 48.40 million National currency compare
  2. 3 Poland 180,658 National currency compare
  3. 3 Chile 6.74 million National currency compare
  4. 3 Croatia 4,461 National currency compare
  5. 4 Netherlands 36,167 National currency compare
  6. 4 Hungary 3.43 million National currency compare
  7. 5 Slovenia 3,509 National currency compare
  8. 5 United States 1.01 million National currency compare

See the full ranking of 39 places →

More public sector data for Japan

All data for Japan →

Frequently asked questions

What is annual government expenditure by function (cofog) — gross capital in Japan?
Annual government expenditure by function (cofog) — gross capital in Japan was 25.48 million National currency in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual government expenditure by function (cofog) — gross capital recorded in Japan?
The highest recorded value was 25.48 million National currency in 2024.
What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Japan?
The lowest recorded value was 19.35 million National currency in 2012.
How does Japan rank for annual government expenditure by function (cofog) — gross capital?
Japan ranks 2nd out of 28 countries with data for 2024.
Is annual government expenditure by function (cofog) — gross capital rising or falling in Japan?
Over the last ten years it is up 17.0%. The long-run trend across the full record is rising.
Where does this Japan data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.

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Annual government expenditure by function (COFOG) — Gross capital in Japan. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 30 August 2026, from https://public-sector.statizoid.com/stat/annual-government-expenditure-by-function-cofog-gross-capital-formation-and-acquisitions/japan/

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About this data

Indicator
Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
39 places, 1,128 data points, 1970–2025
Last refreshed

This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org