Gross fixed capital formation (current LCU), annual growth rate in Turkey
Turkey: Gross fixed capital formation (current LCU), annual growth rate was 38.07 % change on previous year in 2025. ◆ Volatile
Gross fixed capital formation (current LCU), annual growth rate in Turkey, 1969–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Turkey recorded 38.07 % change on previous year for gross fixed capital formation (current lcu), annual growth rate in 2025.
The figure is down 32.9% on the previous year and up 114.1% over ten years.
Over the whole period, gross fixed capital formation (current lcu), annual growth rate in Turkey peaked at 173.37 % change on previous year in 1995 and was at its lowest, -15.55 % change on previous year, in 2009.
Turkey ranks 12th of 179 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU), annual growth rate in Turkey, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1969 | 11.76 % change on previous year | — |
| 1970 | 24.4 % change on previous year | +107.4% |
| 1971 | 17.31 % change on previous year | -29.1% |
| 1972 | 48.2 % change on previous year | +178.5% |
| 1973 | 26.33 % change on previous year | -45.4% |
| 1974 | 28.37 % change on previous year | +7.8% |
| 1975 | 41.75 % change on previous year | +47.1% |
| 1976 | 42.44 % change on previous year | +1.7% |
| 1977 | 37.16 % change on previous year | -12.4% |
| 1978 | 32.66 % change on previous year | -12.1% |
| 1979 | 60.68 % change on previous year | +85.8% |
| 1980 | 92.21 % change on previous year | +52.0% |
| 1981 | 43.74 % change on previous year | -52.6% |
| 1982 | 32.67 % change on previous year | -25.3% |
| 1983 | 29.36 % change on previous year | -10.2% |
| 1984 | 54.34 % change on previous year | +85.1% |
| 1985 | 69.16 % change on previous year | +27.3% |
| 1986 | 63.41 % change on previous year | -8.3% |
| 1987 | 111.25 % change on previous year | +75.4% |
| 1988 | 82.45 % change on previous year | -25.9% |
| 1989 | 53.65 % change on previous year | -34.9% |
| 1990 | 73.41 % change on previous year | +36.8% |
| 1991 | 66.06 % change on previous year | -10.0% |
| 1992 | 68.44 % change on previous year | +3.6% |
| 1993 | 101.19 % change on previous year | +47.9% |
| 1994 | 87.04 % change on previous year | -14.0% |
| 1995 | 173.37 % change on previous year | +99.2% |
| 1996 | 94.18 % change on previous year | -45.7% |
| 1997 | 98.41 % change on previous year | +4.5% |
| 1998 | 60.37 % change on previous year | -38.6% |
| 1999 | 33.98 % change on previous year | -43.7% |
| 2000 | 78.99 % change on previous year | +132.5% |
| 2001 | 16.88 % change on previous year | -78.6% |
| 2002 | 59.37 % change on previous year | +251.7% |
| 2003 | 38.88 % change on previous year | -34.5% |
| 2004 | 51.22 % change on previous year | +31.7% |
| 2005 | 22.43 % change on previous year | -56.2% |
| 2006 | 26.49 % change on previous year | +18.1% |
| 2007 | 9.61 % change on previous year | -63.7% |
| 2008 | 8.28 % change on previous year | -13.8% |
| 2009 | -15.55 % change on previous year | -287.7% |
| 2010 | 25.72 % change on previous year | -265.4% |
| 2011 | 35.26 % change on previous year | +37.1% |
| 2012 | 10.08 % change on previous year | -71.4% |
| 2013 | 21.07 % change on previous year | +108.9% |
| 2014 | 13.72 % change on previous year | -34.9% |
| 2015 | 17.78 % change on previous year | +29.6% |
| 2016 | 11.84 % change on previous year | -33.4% |
| 2017 | 20.69 % change on previous year | +74.8% |
| 2018 | 20.92 % change on previous year | +1.1% |
| 2019 | 1.02 % change on previous year | -95.1% |
| 2020 | 23.37 % change on previous year | +2199.4% |
| 2021 | 46.86 % change on previous year | +100.5% |
| 2022 | 121.8 % change on previous year | +159.9% |
| 2023 | 90.25 % change on previous year | -25.9% |
| 2024 | 56.78 % change on previous year | -37.1% |
| 2025 | 38.07 % change on previous year | -32.9% |
Turkey compared with similar countries
- Turkey's 38.07 % change on previous year is above the median for upper middle income countries, which is 10.18 % change on previous year, 3.7× the median. (50 countries reporting)
- Turkey's 38.07 % change on previous year is above the median for Europe & Central Asia, which is 5.88 % change on previous year, 6.5× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2020 | +2199.4% | 1.02 % change on previous year | 23.37 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.76 % change on previous year | 11.76 % change on previous year | 11.76 % change on previous year | 1 |
| 1970s | 35.93 % change on previous year | 17.31 % change on previous year | 60.68 % change on previous year | 10 |
| 1980s | 63.22 % change on previous year | 29.36 % change on previous year | 111.25 % change on previous year | 10 |
| 1990s | 85.65 % change on previous year | 33.98 % change on previous year | 173.37 % change on previous year | 10 |
| 2000s | 29.66 % change on previous year | -15.55 % change on previous year | 78.99 % change on previous year | 10 |
| 2010s | 17.81 % change on previous year | 1.02 % change on previous year | 35.26 % change on previous year | 10 |
| 2020s | 62.85 % change on previous year | 23.37 % change on previous year | 121.8 % change on previous year | 6 |
Countries ranked near Turkey
- 9 Sao Tome and Principe 43.46 % change on previous year compare
- 10 East Timor 39.59 % change on previous year compare
- 11 Kiribati 39.38 % change on previous year compare
- 13 Kyrgyzstan 37.86 % change on previous year compare
- 14 Eritrea 32.44 % change on previous year compare
- 15 Ghana 31.54 % change on previous year compare
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 fixed capital formation (current lcu), annual growth rate in Turkey?
- Gross fixed capital formation (current lcu), annual growth rate in Turkey was 38.07 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), annual growth rate recorded in Turkey?
- The highest recorded value was 173.37 % change on previous year in 1995.
- What is the lowest gross fixed capital formation (current lcu), annual growth rate recorded in Turkey?
- The lowest recorded value was -15.55 % change on previous year in 2009.
- How does Turkey rank for gross fixed capital formation (current lcu), annual growth rate?
- Turkey ranks 12th out of 179 countries with data for 2025.
- Is gross fixed capital formation (current lcu), annual growth rate rising or falling in Turkey?
- Over the last ten years it is up 114.1%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.