Gross capital formation (current LCU) in Turkey
Turkey: Gross capital formation (current LCU) was 19.96 trillion current LCU in 2025. ◆ Volatile
Gross capital formation in Turkey, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross capital formation in Turkey stood at 19.96 trillion current LCU. That is the highest value across all 66 years on record.
That represents a change of up 45.6% on the previous year and up 2,719.9% over ten years.
Over the whole period, gross capital formation in Turkey peaked at 19.96 trillion current LCU in 2025 and was at its lowest, 6,800 current LCU, in 1960.
That places Turkey 26th out of 187 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU) in Turkey, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 6,800 current LCU | — |
| 1961 | 7,200 current LCU | +5.9% |
| 1962 | 8,600 current LCU | +19.4% |
| 1963 | 10,900 current LCU | +26.7% |
| 1964 | 11,000 current LCU | +0.9% |
| 1965 | 12,200 current LCU | +10.9% |
| 1966 | 16,300 current LCU | +33.6% |
| 1967 | 17,800 current LCU | +9.2% |
| 1968 | 21,100 current LCU | +18.5% |
| 1969 | 23,400 current LCU | +10.9% |
| 1970 | 28,900 current LCU | +23.5% |
| 1971 | 33,300 current LCU | +15.2% |
| 1972 | 48,600 current LCU | +45.9% |
| 1973 | 56,300 current LCU | +15.8% |
| 1974 | 88,700 current LCU | +57.5% |
| 1975 | 120,600 current LCU | +36.0% |
| 1976 | 167,300 current LCU | +38.7% |
| 1977 | 218,300 current LCU | +30.5% |
| 1978 | 239,600 current LCU | +9.8% |
| 1979 | 402,900 current LCU | +68.2% |
| 1980 | 950,100 current LCU | +135.8% |
| 1981 | 1.41 million current LCU | +48.6% |
| 1982 | 1.78 million current LCU | +26.0% |
| 1983 | 2.26 million current LCU | +27.3% |
| 1984 | 3.56 million current LCU | +57.2% |
| 1985 | 5.80 million current LCU | +62.8% |
| 1986 | 9.63 million current LCU | +66.1% |
| 1987 | 19.18 million current LCU | +99.2% |
| 1988 | 32.49 million current LCU | +69.4% |
| 1989 | 53.36 million current LCU | +64.2% |
| 1990 | 96.49 million current LCU | +80.8% |
| 1991 | 143.11 million current LCU | +48.3% |
| 1992 | 255.44 million current LCU | +78.5% |
| 1993 | 527.49 million current LCU | +106.5% |
| 1994 | 824.77 million current LCU | +56.4% |
| 1995 | 2.95 billion current LCU | +257.5% |
| 1996 | 5.93 billion current LCU | +101.1% |
| 1997 | 10.83 billion current LCU | +82.7% |
| 1998 | 18.21 billion current LCU | +68.1% |
| 1999 | 23.12 billion current LCU | +27.0% |
| 2000 | 41.25 billion current LCU | +78.4% |
| 2001 | 48.61 billion current LCU | +17.8% |
| 2002 | 78.12 billion current LCU | +60.7% |
| 2003 | 108.20 billion current LCU | +38.5% |
| 2004 | 147.15 billion current LCU | +36.0% |
| 2005 | 188.28 billion current LCU | +27.9% |
| 2006 | 241.10 billion current LCU | +28.1% |
| 2007 | 263.82 billion current LCU | +9.4% |
| 2008 | 300.00 billion current LCU | +13.7% |
| 2009 | 240.15 billion current LCU | -20.0% |
| 2010 | 334.61 billion current LCU | +39.3% |
| 2011 | 451.88 billion current LCU | +35.0% |
| 2012 | 467.82 billion current LCU | +3.5% |
| 2013 | 574.52 billion current LCU | +22.8% |
| 2014 | 623.07 billion current LCU | +8.4% |
| 2015 | 707.70 billion current LCU | +13.6% |
| 2016 | 784.50 billion current LCU | +10.9% |
| 2017 | 1.03 trillion current LCU | +31.7% |
| 2018 | 1.19 trillion current LCU | +15.4% |
| 2019 | 1.21 trillion current LCU | +1.5% |
| 2020 | 1.76 trillion current LCU | +45.0% |
| 2021 | 2.56 trillion current LCU | +45.5% |
| 2022 | 5.92 trillion current LCU | +131.5% |
| 2023 | 9.37 trillion current LCU | +58.4% |
| 2024 | 13.70 trillion current LCU | +46.2% |
| 2025 | 19.96 trillion current LCU | +45.6% |
Turkey compared with similar countries
- Turkey's 19.96 trillion current LCU is above the median for upper middle income countries, which is 296.90 billion current LCU, 67.2× the median. (52 countries reporting)
- Turkey's 19.96 trillion current LCU is above the median for Europe & Central Asia, which is 155.88 billion current LCU, 128.0× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current LCU) in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +257.5% | 824.77 million current LCU | 2.95 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13,530 current LCU | 6,800 current LCU | 23,400 current LCU | 10 |
| 1970s | 140,450 current LCU | 28,900 current LCU | 402,900 current LCU | 10 |
| 1980s | 13.04 million current LCU | 950,100 current LCU | 53.36 million current LCU | 10 |
| 1990s | 6.29 billion current LCU | 96.49 million current LCU | 23.12 billion current LCU | 10 |
| 2000s | 165.67 billion current LCU | 41.25 billion current LCU | 300.00 billion current LCU | 10 |
| 2010s | 738.14 billion current LCU | 334.61 billion current LCU | 1.21 trillion current LCU | 10 |
| 2020s | 8.88 trillion current LCU | 1.76 trillion current LCU | 19.96 trillion current LCU | 6 |
Countries ranked near Turkey
More economy & growth data for Turkey
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 87.93 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0288 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 64.2 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0039 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 72.49 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Turkey?
- Gross capital formation in Turkey was 19.96 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Turkey?
- The highest recorded value was 19.96 trillion current LCU in 2025.
- What is the lowest gross capital formation recorded in Turkey?
- The lowest recorded value was 6,800 current LCU in 1960.
- How does Turkey rank for gross capital formation?
- Turkey ranks 26th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Turkey?
- Over the last ten years it is up 2,719.9%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 series is expressed in local currency units.