Iraq vs Türkiye: Gross Fixed Capital Formation — Value Standard Local Currency, annual

Iraq
38.41 % change on previous year
in 2024
Türkiye
59.13 % change on previous year
in 2024
Iraq rank
10th
Türkiye rank
7th

Gross Fixed Capital Formation — Value Standard Local Currency, annual over time

  • Iraq
  • Türkiye
-1000100200300197119972024

How they compare

Türkiye currently reports 59.13 % change on previous year against 38.41 % change on previous year in Iraq, a difference of 20.72 % change on previous year.

That makes Türkiye's figure about 1.5 times Iraq's.

The two have swapped places 24 times across 54 shared years of data; in 1971 it was Türkiye ahead.

Iraq ranks 10th and Türkiye ranks 7th of 230 countries.

Across the 6 decades both report, Iraq averaged higher in 4 and Türkiye in 2.

Head to head by decade

Decade Iraq Türkiye Difference Ahead
1970s 39.35 % change on previous year 35.72 % change on previous year 3.63 % change on previous year Iraq
1980s 9.66 % change on previous year 58.75 % change on previous year 49.09 % change on previous year Türkiye
1990s 81.38 % change on previous year 79.23 % change on previous year 2.15 % change on previous year Iraq
2000s 59.77 % change on previous year 29.21 % change on previous year 30.56 % change on previous year Iraq
2010s 19.68 % change on previous year 17.88 % change on previous year 1.8 % change on previous year Iraq
2020s 11.66 % change on previous year 67.49 % change on previous year 55.83 % change on previous year Türkiye

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value standard local currency, annual, Iraq or Türkiye?
Türkiye, at 59.13 % change on previous year against 38.41 % change on previous year in Iraq as of 2024.
What is the difference in gross fixed capital formation — value standard local currency, annual between Iraq and Türkiye?
20.72 % change on previous year, with Türkiye ahead.
How many years of comparable data are there for Iraq and Türkiye?
54 years are reported by both, from 1971 to 2024.
How do Iraq and Türkiye rank globally for gross fixed capital formation — value standard local currency, annual?
Iraq ranks 10th and Türkiye ranks 7th of 230 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Türkiye: Gross Fixed Capital Formation — Value Standard Local Currency, annual. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/iraq/turkiye-2/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.