Europe vs Türkiye: Gross Fixed Capital Formation — Value US$, annual growth rate
Europe
1.68 % change on previous year
in 2024
Türkiye
15.14 % change on previous year
in 2024
Europe rank
24th
Türkiye rank
22nd
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Europe
- Türkiye
How they compare
Türkiye currently reports 15.14 % change on previous year against 1.68 % change on previous year in Europe, a difference of 13.46 % change on previous year.
That makes Türkiye's figure about 9.0 times Europe's.
The two have swapped places 21 times across 54 shared years of data; in 1971 it was Europe ahead.
Europe ranks 24th and Türkiye ranks 22nd of 30 groups.
Türkiye has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Europe | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.28 % change on previous year | 22 % change on previous year | 10.72 % change on previous year | Türkiye |
| 1980s | 4.52 % change on previous year | 5.43 % change on previous year | 0.908 % change on previous year | Türkiye |
| 1990s | 2.79 % change on previous year | 6.98 % change on previous year | 4.19 % change on previous year | Türkiye |
| 2000s | 6.99 % change on previous year | 15.21 % change on previous year | 8.22 % change on previous year | Türkiye |
| 2010s | 1.6 % change on previous year | 4.07 % change on previous year | 2.47 % change on previous year | Türkiye |
| 2020s | 3.8 % change on previous year | 16.23 % change on previous year | 12.42 % 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 us$, annual growth rate, Europe or Türkiye?
- Türkiye, at 15.14 % change on previous year against 1.68 % change on previous year in Europe as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Europe and Türkiye?
- 13.46 % change on previous year, with Türkiye ahead.
- How many years of comparable data are there for Europe and Türkiye?
- 54 years are reported by both, from 1971 to 2024.
- How do Europe and Türkiye rank globally for gross fixed capital formation — value us$, annual growth rate?
- Europe ranks 24th and Türkiye ranks 22nd of 30 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.