Latin America & Caribbean vs Türkiye: Gross fixed capital formation
Gross fixed capital formation over time
- Latin America & Caribbean
- Türkiye
How they compare
Latin America & Caribbean currently reports 1.14 trillion constant 2015 US$ against 359.76 billion constant 2015 US$ in Türkiye, a difference of 776.45 billion constant 2015 US$.
That makes Latin America & Caribbean's figure about 3.2 times Türkiye's.
Across all 39 years both countries report, Latin America & Caribbean has been ahead every year.
Latin America & Caribbean ranks 14th and Türkiye ranks 14th of 33 groups.
Latin America & Caribbean has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 467.96 billion constant 2015 US$ | 45.66 billion constant 2015 US$ | 422.30 billion constant 2015 US$ | Latin America & Caribbean |
| 1990s | 531.32 billion constant 2015 US$ | 66.12 billion constant 2015 US$ | 465.20 billion constant 2015 US$ | Latin America & Caribbean |
| 2000s | 705.81 billion constant 2015 US$ | 117.63 billion constant 2015 US$ | 588.18 billion constant 2015 US$ | Latin America & Caribbean |
| 2010s | 1.03 trillion constant 2015 US$ | 238.35 billion constant 2015 US$ | 792.33 billion constant 2015 US$ | Latin America & Caribbean |
| 2020s | 1.05 trillion constant 2015 US$ | 315.68 billion constant 2015 US$ | 735.97 billion constant 2015 US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Latin America & Caribbean or Türkiye?
- Latin America & Caribbean, at 1.14 trillion constant 2015 US$ against 359.76 billion constant 2015 US$ in Türkiye as of 2025.
- What is the difference in gross fixed capital formation between Latin America & Caribbean and Türkiye?
- 776.45 billion constant 2015 US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Latin America & Caribbean and Türkiye?
- 39 years are reported by both, from 1987 to 2025.
- How do Latin America & Caribbean and Türkiye rank globally for gross fixed capital formation?
- Latin America & Caribbean ranks 14th and Türkiye ranks 14th of 33 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.