Gross fixed capital formation (current US$) in Turkey
Turkey: Gross fixed capital formation (current US$) was 488.63 billion current US$ in 2025. ◆ Volatile
Latest (2025)
488.63 billion current US$
Change on year
up 14.8%
World rank
12th
of 181 countries
All-time high
488.63 billion current US$
in 2025
All-time low
2.03 billion current US$
in 1971
Years of data
58
1968–2025
Gross fixed capital formation in Turkey, 1968–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Turkey is 488.63 billion current US$, measured in 2025. That is the highest value across all 58 years on record.
Compared with earlier readings it is up 14.8% on the previous year and up 88.1% over ten years.
Over the whole period, gross fixed capital formation in Turkey peaked at 488.63 billion current US$ in 2025 and was at its lowest, 2.03 billion current US$, in 1971.
That places Turkey 12th out of 181 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$) in Turkey, year by year
| Year | current US$ | Change |
|---|---|---|
| 1968 | 2.08 billion current US$ | — |
| 1969 | 2.32 billion current US$ | +11.8% |
| 1970 | 2.36 billion current US$ | +1.8% |
| 1971 | 2.03 billion current US$ | -14.0% |
| 1972 | 3.23 billion current US$ | +58.8% |
| 1973 | 4.08 billion current US$ | +26.3% |
| 1974 | 5.24 billion current US$ | +28.4% |
| 1975 | 7.42 billion current US$ | +41.7% |
| 1976 | 9.25 billion current US$ | +24.6% |
| 1977 | 11.28 billion current US$ | +21.9% |
| 1978 | 11.22 billion current US$ | -0.5% |
| 1979 | 13.96 billion current US$ | +24.4% |
| 1980 | 10.94 billion current US$ | -21.6% |
| 1981 | 10.77 billion current US$ | -1.6% |
| 1982 | 9.73 billion current US$ | -9.7% |
| 1983 | 9.12 billion current US$ | -6.3% |
| 1984 | 8.63 billion current US$ | -5.4% |
| 1985 | 10.26 billion current US$ | +18.9% |
| 1986 | 12.97 billion current US$ | +26.4% |
| 1987 | 21.58 billion current US$ | +66.4% |
| 1988 | 23.73 billion current US$ | +10.0% |
| 1989 | 24.43 billion current US$ | +3.0% |
| 1990 | 34.45 billion current US$ | +41.0% |
| 1991 | 35.78 billion current US$ | +3.8% |
| 1992 | 36.59 billion current US$ | +2.3% |
| 1993 | 46.05 billion current US$ | +25.9% |
| 1994 | 31.96 billion current US$ | -30.6% |
| 1995 | 56.42 billion current US$ | +76.6% |
| 1996 | 61.70 billion current US$ | +9.4% |
| 1997 | 65.62 billion current US$ | +6.4% |
| 1998 | 61.30 billion current US$ | -6.6% |
| 1999 | 51.13 billion current US$ | -16.6% |
| 2000 | 61.30 billion current US$ | +19.9% |
| 2001 | 36.55 billion current US$ | -40.4% |
| 2002 | 47.37 billion current US$ | +29.6% |
| 2003 | 66.06 billion current US$ | +39.5% |
| 2004 | 105.17 billion current US$ | +59.2% |
| 2005 | 136.62 billion current US$ | +29.9% |
| 2006 | 162.54 billion current US$ | +19.0% |
| 2007 | 195.32 billion current US$ | +20.2% |
| 2008 | 211.73 billion current US$ | +8.4% |
| 2009 | 150.15 billion current US$ | -29.1% |
| 2010 | 194.68 billion current US$ | +29.7% |
| 2011 | 236.28 billion current US$ | +21.4% |
| 2012 | 242.58 billion current US$ | +2.7% |
| 2013 | 277.06 billion current US$ | +14.2% |
| 2014 | 274.07 billion current US$ | -1.1% |
| 2015 | 259.74 billion current US$ | -5.2% |
| 2016 | 261.62 billion current US$ | +0.7% |
| 2017 | 261.41 billion current US$ | -0.1% |
| 2018 | 238.84 billion current US$ | -8.6% |
| 2019 | 205.31 billion current US$ | -14.0% |
| 2020 | 205.05 billion current US$ | -0.1% |
| 2021 | 238.48 billion current US$ | +16.3% |
| 2022 | 282.88 billion current US$ | +18.6% |
| 2023 | 375.17 billion current US$ | +32.6% |
| 2024 | 425.62 billion current US$ | +13.4% |
| 2025 | 488.63 billion current US$ | +14.8% |
Turkey compared with similar countries
- Turkey's 488.63 billion current US$ is above the median for upper middle income countries, which is 10.71 billion current US$, 45.6× the median. (51 countries reporting)
- Turkey's 488.63 billion current US$ is above the median for Europe & Central Asia, which is 31.73 billion current US$, 15.4× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.20 billion current US$ | 2.08 billion current US$ | 2.32 billion current US$ | 2 |
| 1970s | 7.01 billion current US$ | 2.03 billion current US$ | 13.96 billion current US$ | 10 |
| 1980s | 14.22 billion current US$ | 8.63 billion current US$ | 24.43 billion current US$ | 10 |
| 1990s | 48.10 billion current US$ | 31.96 billion current US$ | 65.62 billion current US$ | 10 |
| 2000s | 117.28 billion current US$ | 36.55 billion current US$ | 211.73 billion current US$ | 10 |
| 2010s | 245.16 billion current US$ | 194.68 billion current US$ | 277.06 billion current US$ | 10 |
| 2020s | 335.97 billion current US$ | 205.05 billion current US$ | 488.63 billion current US$ | 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 fixed capital formation in Turkey?
- Gross fixed capital formation in Turkey was 488.63 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Turkey?
- The highest recorded value was 488.63 billion current US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Turkey?
- The lowest recorded value was 2.03 billion current US$ in 1971.
- How does Turkey rank for gross fixed capital formation?
- Turkey ranks 12th 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 88.1%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). 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 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.