Turkey vs Upper middle income: Gross capital formation (current US$), annual growth rate (current US)

Turkey
21.1 % change on previous year
in 2025
Upper middle income
2.09 % change on previous year
in 2024
Turkey rank
34th
Upper middle income rank
36th

Gross capital formation (current US$), annual growth rate (current US) over time

  • Turkey
  • Upper middle income
-50050100150196119932025

How they compare

Turkey currently reports 21.1 % change on previous year against 2.09 % change on previous year in Upper middle income, a difference of 19.01 % change on previous year.

That makes Turkey's figure about 10.1 times Upper middle income's.

The two have swapped places 32 times across 64 shared years of data; in 1961 it was Turkey ahead.

Turkey ranks 34th and Upper middle income ranks 36th of 186 countries.

Across the 7 decades both report, Turkey averaged higher in 5 and Upper middle income in 2.

Head to head by decade

Decade Turkey Upper middle income Difference Ahead
1960s 15.13 % change on previous year 6 % change on previous year 9.12 % change on previous year Turkey
1970s 20.11 % change on previous year 16.87 % change on previous year 3.25 % change on previous year Turkey
1980s 8.43 % change on previous year 5.65 % change on previous year 2.78 % change on previous year Turkey
1990s 15.44 % change on previous year 6.43 % change on previous year 9.01 % change on previous year Turkey
2000s 14.98 % change on previous year 15.41 % change on previous year 0.4295 % change on previous year Upper middle income
2010s 4.55 % change on previous year 8.36 % change on previous year 3.81 % change on previous year Upper middle income
2020s 14.54 % change on previous year 4.89 % change on previous year 9.65 % change on previous year Turkey

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current us$), annual growth rate, Turkey or Upper middle income?
Turkey, at 21.1 % change on previous year against 2.09 % change on previous year in Upper middle income as of 2025.
What is the difference in gross capital formation (current us$), annual growth rate between Turkey and Upper middle income?
19.01 % change on previous year, with Turkey ahead.
How many years of comparable data are there for Turkey and Upper middle income?
64 years are reported by both, from 1961 to 2024.
How do Turkey and Upper middle income rank globally for gross capital formation (current us$), annual growth rate?
Turkey ranks 34th and Upper middle income ranks 36th of 186 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Turkey vs Upper middle income: Gross capital formation (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 October 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-us-annual-growth-rate/turkiye/upper-middle-income/

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About this data

Indicator
Gross capital formation (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
229 places, 10,635 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.