Gross fixed capital formation in Türkiye
Türkiye: Gross fixed capital formation was 7.0% in 2025. ◆ Volatile
Gross fixed capital formation in Türkiye, 1988–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2025, gross fixed capital formation in Türkiye stood at 7.0%.
The figure is up 160.5% on the previous year and down 20.4% over ten years.
Over the whole period, gross fixed capital formation in Türkiye peaked at 32.2% in 2004 and was at its lowest, -27.2%, in 2001.
Türkiye ranks 64th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Türkiye, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1988 | -1.0% | — |
| 1989 | 2.2% | -311.1% |
| 1990 | 15.9% | +622.2% |
| 1991 | 1.2% | -92.3% |
| 1992 | 4.3% | +253.4% |
| 1993 | 24.9% | +476.0% |
| 1994 | -15.9% | -164.0% |
| 1995 | 11.6% | -173.1% |
| 1996 | 12.0% | +3.4% |
| 1997 | 12.6% | +4.8% |
| 1998 | -10.0% | -179.1% |
| 1999 | -9.5% | -5.1% |
| 2000 | 22.5% | -337.9% |
| 2001 | -27.2% | -221.0% |
| 2002 | 19.0% | -169.9% |
| 2003 | 20.0% | +5.1% |
| 2004 | 32.2% | +60.7% |
| 2005 | 19.8% | -38.4% |
| 2006 | 15.6% | -21.3% |
| 2007 | 5.9% | -61.8% |
| 2008 | -2.8% | -147.8% |
| 2009 | -19.5% | +584.0% |
| 2010 | 19.7% | -201.1% |
| 2011 | 23.6% | +20.2% |
| 2012 | 3.4% | -85.5% |
| 2013 | 14.7% | +329.7% |
| 2014 | 3.5% | -76.3% |
| 2015 | 8.7% | +150.5% |
| 2016 | 3.1% | -64.3% |
| 2017 | 7.5% | +139.3% |
| 2018 | 0.8% | -89.1% |
| 2019 | -12.1% | -1588.4% |
| 2020 | 6.9% | -157.2% |
| 2021 | 7.2% | +4.3% |
| 2022 | 4.4% | -39.1% |
| 2023 | 7.3% | +66.8% |
| 2024 | 2.7% | -63.6% |
| 2025 | 7.0% | +160.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6% | -1.0% | 2.2% | 2 |
| 1990s | 4.7% | -15.9% | 24.9% | 10 |
| 2000s | 8.5% | -27.2% | 32.2% | 10 |
| 2010s | 7.3% | -12.1% | 23.6% | 10 |
| 2020s | 5.9% | 2.7% | 7.3% | 6 |
Countries ranked near Türkiye
More economy & growth data for Türkiye
- Services, value added (constant LCU), per capita 16,454 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 36.43 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 17.27 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8866 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 16,490 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 41.04 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 34.98 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 650,599 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.19 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7537 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Türkiye?
- Gross fixed capital formation in Türkiye was 7.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Türkiye?
- The highest recorded value was 32.2% in 2004.
- What is the lowest gross fixed capital formation recorded in Türkiye?
- The lowest recorded value was -27.2% in 2001.
- How does Türkiye rank for gross fixed capital formation?
- Türkiye ranks 64th out of 166 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Türkiye?
- Over the last ten years it is down 20.4%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.