Gross fixed capital formation (current LCU) in Turkey
Turkey: Gross fixed capital formation (current LCU) was 19.28 trillion current LCU in 2025. ◆ Volatile
Latest (2025)
19.28 trillion current LCU
Change on year
up 38.1%
World rank
25th
of 181 countries
All-time high
19.28 trillion current LCU
in 2025
All-time low
18,700 current LCU
in 1968
Years of data
58
1968–2025
Gross fixed capital formation in Turkey, 1968–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross fixed capital formation in Turkey is 19.28 trillion current LCU, measured in 2025. That is the highest value across all 58 years on record.
The figure is up 38.1% on the previous year and up 2,628.8% over ten years.
Over the whole period, gross fixed capital formation in Turkey peaked at 19.28 trillion current LCU in 2025 and was at its lowest, 18,700 current LCU, in 1968.
That places Turkey 25th out of 181 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 fixed capital formation (current LCU) in Turkey, year by year
| Year | current LCU | Change |
|---|---|---|
| 1968 | 18,700 current LCU | — |
| 1969 | 20,900 current LCU | +11.8% |
| 1970 | 26,000 current LCU | +24.4% |
| 1971 | 30,500 current LCU | +17.3% |
| 1972 | 45,200 current LCU | +48.2% |
| 1973 | 57,100 current LCU | +26.3% |
| 1974 | 73,300 current LCU | +28.4% |
| 1975 | 103,900 current LCU | +41.7% |
| 1976 | 148,000 current LCU | +42.4% |
| 1977 | 203,000 current LCU | +37.2% |
| 1978 | 269,300 current LCU | +32.7% |
| 1979 | 432,700 current LCU | +60.7% |
| 1980 | 831,700 current LCU | +92.2% |
| 1981 | 1.20 million current LCU | +43.7% |
| 1982 | 1.59 million current LCU | +32.7% |
| 1983 | 2.05 million current LCU | +29.4% |
| 1984 | 3.17 million current LCU | +54.3% |
| 1985 | 5.36 million current LCU | +69.2% |
| 1986 | 8.75 million current LCU | +63.4% |
| 1987 | 18.49 million current LCU | +111.2% |
| 1988 | 33.74 million current LCU | +82.5% |
| 1989 | 51.84 million current LCU | +53.6% |
| 1990 | 89.89 million current LCU | +73.4% |
| 1991 | 149.27 million current LCU | +66.1% |
| 1992 | 251.44 million current LCU | +68.4% |
| 1993 | 505.87 million current LCU | +101.2% |
| 1994 | 946.19 million current LCU | +87.0% |
| 1995 | 2.59 billion current LCU | +173.4% |
| 1996 | 5.02 billion current LCU | +94.2% |
| 1997 | 9.97 billion current LCU | +98.4% |
| 1998 | 15.98 billion current LCU | +60.4% |
| 1999 | 21.41 billion current LCU | +34.0% |
| 2000 | 38.33 billion current LCU | +79.0% |
| 2001 | 44.80 billion current LCU | +16.9% |
| 2002 | 71.39 billion current LCU | +59.4% |
| 2003 | 99.14 billion current LCU | +38.9% |
| 2004 | 149.93 billion current LCU | +51.2% |
| 2005 | 183.56 billion current LCU | +22.4% |
| 2006 | 232.18 billion current LCU | +26.5% |
| 2007 | 254.49 billion current LCU | +9.6% |
| 2008 | 275.57 billion current LCU | +8.3% |
| 2009 | 232.73 billion current LCU | -15.5% |
| 2010 | 292.58 billion current LCU | +25.7% |
| 2011 | 395.76 billion current LCU | +35.3% |
| 2012 | 435.67 billion current LCU | +10.1% |
| 2013 | 527.46 billion current LCU | +21.1% |
| 2014 | 599.82 billion current LCU | +13.7% |
| 2015 | 706.50 billion current LCU | +17.8% |
| 2016 | 790.13 billion current LCU | +11.8% |
| 2017 | 953.65 billion current LCU | +20.7% |
| 2018 | 1.15 trillion current LCU | +20.9% |
| 2019 | 1.16 trillion current LCU | +1.0% |
| 2020 | 1.44 trillion current LCU | +23.4% |
| 2021 | 2.11 trillion current LCU | +46.9% |
| 2022 | 4.68 trillion current LCU | +121.8% |
| 2023 | 8.91 trillion current LCU | +90.2% |
| 2024 | 13.96 trillion current LCU | +56.8% |
| 2025 | 19.28 trillion current LCU | +38.1% |
Turkey compared with similar countries
- Turkey's 19.28 trillion current LCU is above the median for upper middle income countries, which is 431.60 billion current LCU, 44.7× the median. (51 countries reporting)
- Turkey's 19.28 trillion current LCU is above the median for Europe & Central Asia, which is 153.41 billion current LCU, 125.7× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19,800 current LCU | 18,700 current LCU | 20,900 current LCU | 2 |
| 1970s | 138,900 current LCU | 26,000 current LCU | 432,700 current LCU | 10 |
| 1980s | 12.70 million current LCU | 831,700 current LCU | 51.84 million current LCU | 10 |
| 1990s | 5.69 billion current LCU | 89.89 million current LCU | 21.41 billion current LCU | 10 |
| 2000s | 158.21 billion current LCU | 38.33 billion current LCU | 275.57 billion current LCU | 10 |
| 2010s | 701.97 billion current LCU | 292.58 billion current LCU | 1.16 trillion current LCU | 10 |
| 2020s | 8.40 trillion current LCU | 1.44 trillion current LCU | 19.28 trillion current LCU | 6 |
Countries ranked near Turkey
- 22 Lebanon 33.59 trillion current LCU compare
- 23 Kazakhstan 33.24 trillion current LCU compare
- 24 Mongolia 25.20 trillion current LCU compare
- 26 Hungary 19.10 trillion current LCU compare
- 27 Madagascar 18.70 trillion current LCU compare
- 28 Bangladesh 15.74 trillion current LCU compare
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 fixed capital formation in Turkey?
- Gross fixed capital formation in Turkey was 19.28 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Turkey?
- The highest recorded value was 19.28 trillion current LCU in 2025.
- What is the lowest gross fixed capital formation recorded in Turkey?
- The lowest recorded value was 18,700 current LCU in 1968.
- How does Turkey rank for gross fixed capital formation?
- Turkey ranks 25th out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Turkey?
- Over the last ten years it is up 2,628.8%. 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 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.