Gross Fixed Capital Formation Deflator — Value Standard Local in Türkiye
Türkiye: Gross Fixed Capital Formation Deflator — Value Standard Local was 53.2 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Türkiye, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Türkiye recorded 53.2 % change on previous year for gross fixed capital formation deflator — value standard local in 2024.
That represents a change of down 32.0% on the previous year and up 495.5% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Türkiye peaked at 115.66 % change on previous year in 1994 and was at its lowest, -7.19 % change on previous year, in 1974.
That places Türkiye 5th out of 208 countries with data for 2024, 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 Deflator — Value Standard Local in Türkiye, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 24.06 % change on previous year | — |
| 1972 | 3.13 % change on previous year | -87.0% |
| 1973 | 20.12 % change on previous year | +542.1% |
| 1974 | -7.19 % change on previous year | -135.7% |
| 1975 | 32.02 % change on previous year | -545.2% |
| 1976 | 24.19 % change on previous year | -24.4% |
| 1977 | 58.42 % change on previous year | +141.5% |
| 1978 | 48.21 % change on previous year | -17.5% |
| 1979 | 76.75 % change on previous year | +59.2% |
| 1980 | 81.92 % change on previous year | +6.7% |
| 1981 | 39.49 % change on previous year | -51.8% |
| 1982 | 40.49 % change on previous year | +2.6% |
| 1983 | 26.76 % change on previous year | -33.9% |
| 1984 | 57.11 % change on previous year | +113.4% |
| 1985 | 64.67 % change on previous year | +13.2% |
| 1986 | 53.71 % change on previous year | -16.9% |
| 1987 | -0.0247 % change on previous year | -100.0% |
| 1988 | 84.37 % change on previous year | -341437.7% |
| 1989 | 50.34 % change on previous year | -40.3% |
| 1990 | 49.65 % change on previous year | -1.4% |
| 1991 | 66.32 % change on previous year | +33.6% |
| 1992 | 61.81 % change on previous year | -6.8% |
| 1993 | 60.95 % change on previous year | -1.4% |
| 1994 | 115.66 % change on previous year | +89.8% |
| 1995 | 78.02 % change on previous year | -32.5% |
| 1996 | 75.61 % change on previous year | -3.1% |
| 1997 | 78.99 % change on previous year | +4.5% |
| 1998 | 75.36 % change on previous year | -4.6% |
| 1999 | 47.86 % change on previous year | -36.5% |
| 2000 | 46.38 % change on previous year | -3.1% |
| 2001 | 59.64 % change on previous year | +28.6% |
| 2002 | 34.85 % change on previous year | -41.6% |
| 2003 | 15.96 % change on previous year | -54.2% |
| 2004 | 13.94 % change on previous year | -12.7% |
| 2005 | 2.39 % change on previous year | -82.8% |
| 2006 | 9.29 % change on previous year | +288.5% |
| 2007 | 3.58 % change on previous year | -61.5% |
| 2008 | 10.97 % change on previous year | +206.6% |
| 2009 | 5.37 % change on previous year | -51.1% |
| 2010 | 5.43 % change on previous year | +1.2% |
| 2011 | 9.56 % change on previous year | +76.1% |
| 2012 | 6.73 % change on previous year | -29.6% |
| 2013 | 5.73 % change on previous year | -14.9% |
| 2014 | 8.93 % change on previous year | +55.9% |
| 2015 | 7.64 % change on previous year | -14.5% |
| 2016 | 7.66 % change on previous year | +0.4% |
| 2017 | 13.04 % change on previous year | +70.2% |
| 2018 | 19.49 % change on previous year | +49.4% |
| 2019 | 14.46 % change on previous year | -25.8% |
| 2020 | 15.42 % change on previous year | +6.6% |
| 2021 | 37.2 % change on previous year | +141.3% |
| 2022 | 111.48 % change on previous year | +199.6% |
| 2023 | 78.26 % change on previous year | -29.8% |
| 2024 | 53.2 % change on previous year | -32.0% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation Deflator — Value Standard Local in Türkiye 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 |
|---|---|---|---|
| 1988 | +341437.7% | -0.0247 % change on previous year | 84.37 % change on previous year |
| 1975 | +545.2% | -7.19 % change on previous year | 32.02 % change on previous year |
| 1973 | +542.1% | 3.13 % change on previous year | 20.12 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.08 % change on previous year | -7.19 % change on previous year | 76.75 % change on previous year | 9 |
| 1980s | 49.88 % change on previous year | -0.0247 % change on previous year | 84.37 % change on previous year | 10 |
| 1990s | 71.02 % change on previous year | 47.86 % change on previous year | 115.66 % change on previous year | 10 |
| 2000s | 20.24 % change on previous year | 2.39 % change on previous year | 59.64 % change on previous year | 10 |
| 2010s | 9.87 % change on previous year | 5.43 % change on previous year | 19.49 % change on previous year | 10 |
| 2020s | 59.11 % change on previous year | 15.42 % change on previous year | 111.48 % change on previous year | 5 |
Countries ranked near Türkiye
- 2 Zimbabwe 250.41 % change on previous year compare
- 3 Argentina 212.39 % change on previous year compare
- 4 Venezuela (Bolivarian Republic of) 62.95 % change on previous year compare
- 6 Gambia 52.83 % change on previous year compare
- 7 Sierra Leone 52.55 % change on previous year compare
- 8 South Sudan 47.55 % change on previous year compare
More economy & growth data for Türkiye
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.48 Percent per annum (2029)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 10.85 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 18.33 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 3.18 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 3.18 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 59.13 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 15.14 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 3.87 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 3.87 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Türkiye?
- Gross fixed capital formation deflator — value standard local in Türkiye was 53.2 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation deflator — value standard local recorded in Türkiye?
- The highest recorded value was 115.66 % change on previous year in 1994.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Türkiye?
- The lowest recorded value was -7.19 % change on previous year in 1974.
- How does Türkiye rank for gross fixed capital formation deflator — value standard local?
- Türkiye ranks 5th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Türkiye?
- Over the last ten years it is up 495.5%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation Deflator — Value Standard Local Food and Agriculture Organization of the United Nations
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 Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.