Gross capital formation in Turkey
Turkey: Gross capital formation was 505.81 billion current US$ in 2025. ◆ Volatile
Latest (2025)
505.81 billion current US$
Change on year
up 21.1%
World rank
12th
of 187 countries
All-time high
505.81 billion current US$
in 2025
All-time low
755.56 million current US$
in 1960
Years of data
66
1960–2025
Gross capital formation in Turkey, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Turkey recorded 505.81 billion current US$ for gross capital formation in 2025. That is the highest value across all 66 years on record.
The figure is up 21.1% on the previous year and up 94.4% over ten years.
Over the whole period, gross capital formation in Turkey peaked at 505.81 billion current US$ in 2025 and was at its lowest, 755.56 million current US$, in 1960.
That places Turkey 12th out of 187 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Turkey, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 755.56 million current US$ | — |
| 1961 | 800.00 million current US$ | +5.9% |
| 1962 | 955.56 million current US$ | +19.4% |
| 1963 | 1.21 billion current US$ | +26.7% |
| 1964 | 1.22 billion current US$ | +0.9% |
| 1965 | 1.36 billion current US$ | +10.9% |
| 1966 | 1.81 billion current US$ | +33.6% |
| 1967 | 1.98 billion current US$ | +9.2% |
| 1968 | 2.34 billion current US$ | +18.5% |
| 1969 | 2.60 billion current US$ | +10.9% |
| 1970 | 2.63 billion current US$ | +1.0% |
| 1971 | 2.22 billion current US$ | -15.5% |
| 1972 | 3.47 billion current US$ | +56.4% |
| 1973 | 4.02 billion current US$ | +15.8% |
| 1974 | 6.34 billion current US$ | +57.5% |
| 1975 | 8.61 billion current US$ | +36.0% |
| 1976 | 10.46 billion current US$ | +21.4% |
| 1977 | 12.13 billion current US$ | +16.0% |
| 1978 | 9.98 billion current US$ | -17.7% |
| 1979 | 13.00 billion current US$ | +30.2% |
| 1980 | 12.50 billion current US$ | -3.8% |
| 1981 | 12.72 billion current US$ | +1.7% |
| 1982 | 10.91 billion current US$ | -14.2% |
| 1983 | 10.06 billion current US$ | -7.8% |
| 1984 | 9.70 billion current US$ | -3.6% |
| 1985 | 11.10 billion current US$ | +14.5% |
| 1986 | 14.26 billion current US$ | +28.5% |
| 1987 | 22.38 billion current US$ | +56.9% |
| 1988 | 22.85 billion current US$ | +2.1% |
| 1989 | 25.15 billion current US$ | +10.1% |
| 1990 | 36.98 billion current US$ | +47.1% |
| 1991 | 34.30 billion current US$ | -7.3% |
| 1992 | 37.17 billion current US$ | +8.4% |
| 1993 | 48.02 billion current US$ | +29.2% |
| 1994 | 27.86 billion current US$ | -42.0% |
| 1995 | 64.31 billion current US$ | +130.9% |
| 1996 | 72.82 billion current US$ | +13.2% |
| 1997 | 71.30 billion current US$ | -2.1% |
| 1998 | 69.84 billion current US$ | -2.1% |
| 1999 | 55.20 billion current US$ | -21.0% |
| 2000 | 65.97 billion current US$ | +19.5% |
| 2001 | 39.66 billion current US$ | -39.9% |
| 2002 | 51.83 billion current US$ | +30.7% |
| 2003 | 72.09 billion current US$ | +39.1% |
| 2004 | 103.23 billion current US$ | +43.2% |
| 2005 | 140.13 billion current US$ | +35.7% |
| 2006 | 168.78 billion current US$ | +20.4% |
| 2007 | 202.48 billion current US$ | +20.0% |
| 2008 | 230.50 billion current US$ | +13.8% |
| 2009 | 154.94 billion current US$ | -32.8% |
| 2010 | 222.65 billion current US$ | +43.7% |
| 2011 | 269.79 billion current US$ | +21.2% |
| 2012 | 260.48 billion current US$ | -3.5% |
| 2013 | 301.78 billion current US$ | +15.9% |
| 2014 | 284.70 billion current US$ | -5.7% |
| 2015 | 260.18 billion current US$ | -8.6% |
| 2016 | 259.75 billion current US$ | -0.2% |
| 2017 | 283.31 billion current US$ | +9.1% |
| 2018 | 247.08 billion current US$ | -12.8% |
| 2019 | 213.41 billion current US$ | -13.6% |
| 2020 | 250.56 billion current US$ | +17.4% |
| 2021 | 288.74 billion current US$ | +15.2% |
| 2022 | 357.49 billion current US$ | +23.8% |
| 2023 | 394.74 billion current US$ | +10.4% |
| 2024 | 417.67 billion current US$ | +5.8% |
| 2025 | 505.81 billion current US$ | +21.1% |
Turkey compared with similar countries
- Turkey's 505.81 billion current US$ is above the median for upper middle income countries, which is 11.53 billion current US$, 43.9× the median. (52 countries reporting)
- Turkey's 505.81 billion current US$ is above the median for Europe & Central Asia, which is 29.72 billion current US$, 17.0× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.50 billion current US$ | 755.56 million current US$ | 2.60 billion current US$ | 10 |
| 1970s | 7.29 billion current US$ | 2.22 billion current US$ | 13.00 billion current US$ | 10 |
| 1980s | 15.16 billion current US$ | 9.70 billion current US$ | 25.15 billion current US$ | 10 |
| 1990s | 51.78 billion current US$ | 27.86 billion current US$ | 72.82 billion current US$ | 10 |
| 2000s | 122.96 billion current US$ | 39.66 billion current US$ | 230.50 billion current US$ | 10 |
| 2010s | 260.31 billion current US$ | 213.41 billion current US$ | 301.78 billion current US$ | 10 |
| 2020s | 369.17 billion current US$ | 250.56 billion current US$ | 505.81 billion current US$ | 6 |
Countries ranked near Turkey
More economy & growth data for Turkey
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.61 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 77.33 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.70 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.77 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 136.79 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 19.3 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1162 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,161 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross capital formation in Turkey?
- Gross capital formation in Turkey was 505.81 billion current US$ 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 505.81 billion current US$ in 2025.
- What is the lowest gross capital formation recorded in Turkey?
- The lowest recorded value was 755.56 million current US$ in 1960.
- How does Turkey rank for gross capital formation?
- Turkey ranks 12th 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 94.4%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
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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.