Italy vs Turkey: Gross capital formation (current US$)
Gross capital formation (current US$) over time
- Italy
- Turkey
How they compare
Italy currently reports 567.71 billion current US$ against 505.81 billion current US$ in Turkey, a difference of 61.90 billion current US$.
That makes Italy's figure about 1.1 times Turkey's.
Across all 56 years both countries report, Italy has been ahead every year.
Italy ranks 9th and Turkey ranks 12th of 187 countries.
Italy has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Italy | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 56.24 billion current US$ | 7.29 billion current US$ | 48.95 billion current US$ | Italy |
| 1980s | 140.70 billion current US$ | 15.16 billion current US$ | 125.54 billion current US$ | Italy |
| 1990s | 254.55 billion current US$ | 51.78 billion current US$ | 202.77 billion current US$ | Italy |
| 2000s | 382.17 billion current US$ | 122.96 billion current US$ | 259.21 billion current US$ | Italy |
| 2010s | 381.13 billion current US$ | 260.31 billion current US$ | 120.82 billion current US$ | Italy |
| 2020s | 495.24 billion current US$ | 369.17 billion current US$ | 126.07 billion current US$ | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Italy or Turkey?
- Italy, at 567.71 billion current US$ against 505.81 billion current US$ in Turkey as of 2025.
- What is the difference in gross capital formation between Italy and Turkey?
- 61.90 billion current US$, with Italy ahead.
- How many years of comparable data are there for Italy and Turkey?
- 56 years are reported by both, from 1970 to 2025.
- How do Italy and Turkey rank globally for gross capital formation?
- Italy ranks 9th and Turkey ranks 12th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.