Gross Fixed Capital Formation Deflator — Value Standard Local in Türkiye

Türkiye: Gross Fixed Capital Formation Deflator — Value Standard Local was 1,522 SLC in 2024. ◆ Volatile

Latest (2024)
1,522 SLC
Change on year
up 53.2%
World rank
3rd
of 12 countries
All-time high
1,522 SLC
in 2024
All-time low
0.0001 SLC
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in Türkiye, 1970–2024

05001.0k1.5k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in SLC.

Analysis

The most recent figure for gross fixed capital formation deflator — value standard local in Türkiye is 1,522 SLC, measured in 2024. That is the highest value across all 55 years on record.

The figure is up 53.2% on the previous year and up 1,538.6% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Türkiye peaked at 1,522 SLC in 2024 and was at its lowest, 0.0001 SLC, in 1970.

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

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices in Türkiye, 1970 to 2024.
Year SLC Change
1970 0.0001 SLC
1971 0.0001 SLC +24.1%
1972 0.0002 SLC +3.1%
1973 0.0002 SLC +20.1%
1974 0.0002 SLC -7.2%
1975 0.0002 SLC +32.0%
1976 0.0003 SLC +24.2%
1977 0.0004 SLC +58.4%
1978 0.0006 SLC +48.2%
1979 0.0011 SLC +76.7%
1980 0.0021 SLC +81.9%
1981 0.0029 SLC +39.5%
1982 0.0041 SLC +40.5%
1983 0.0052 SLC +26.8%
1984 0.0082 SLC +57.1%
1985 0.0134 SLC +64.7%
1986 0.0206 SLC +53.7%
1987 0.0206 SLC -0.0%
1988 0.038 SLC +84.4%
1989 0.0572 SLC +50.3%
1990 0.0856 SLC +49.7%
1991 0.1423 SLC +66.3%
1992 0.2303 SLC +61.8%
1993 0.3706 SLC +60.9%
1994 0.7993 SLC +115.7%
1995 1.42 SLC +78.0%
1996 2.5 SLC +75.6%
1997 4.47 SLC +79.0%
1998 7.84 SLC +75.4%
1999 11.6 SLC +47.9%
2000 16.97 SLC +46.4%
2001 27.1 SLC +59.6%
2002 36.54 SLC +34.9%
2003 42.38 SLC +16.0%
2004 48.28 SLC +13.9%
2005 49.44 SLC +2.4%
2006 54.03 SLC +9.3%
2007 55.96 SLC +3.6%
2008 62.1 SLC +11.0%
2009 65.43 SLC +5.4%
2010 68.98 SLC +5.4%
2011 75.58 SLC +9.6%
2012 80.67 SLC +6.7%
2013 85.29 SLC +5.7%
2014 92.91 SLC +8.9%
2015 100 SLC +7.6%
2016 107.66 SLC +7.7%
2017 121.71 SLC +13.0%
2018 145.43 SLC +19.5%
2019 166.46 SLC +14.5%
2020 192.12 SLC +15.4%
2021 263.6 SLC +37.2%
2022 557.44 SLC +111.5%
2023 993.72 SLC +78.3%
2024 1,522 SLC +53.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0004 SLC 0.0001 SLC 0.0011 SLC 10
1980s 0.0172 SLC 0.0021 SLC 0.0572 SLC 10
1990s 2.95 SLC 0.0856 SLC 11.6 SLC 10
2000s 45.82 SLC 16.97 SLC 65.43 SLC 10
2010s 104.47 SLC 68.98 SLC 166.46 SLC 10
2020s 705.84 SLC 192.12 SLC 1,522 SLC 5

Countries ranked near Türkiye

  1. 1 Cabo Verde 180.92 SLC compare
  2. 1 Sudan 77,649 SLC compare
  3. 2 South Sudan 11,508 SLC compare
  4. 3 Argentina 11,154 SLC compare
  5. 4 Lebanon 6,124 SLC compare
  6. 5 Haiti 1,030 SLC compare
  7. 6 Suriname 755.86 SLC compare

See the full ranking of 209 places →

More economy & growth data for Türkiye

All data for Türkiye →

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 1,522 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation deflator — value standard local recorded in Türkiye?
The highest recorded value was 1,522 SLC in 2024.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Türkiye?
The lowest recorded value was 0.0001 SLC in 1970.
How does Türkiye rank for gross fixed capital formation deflator — value standard local?
Türkiye ranks 3rd out of 12 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 1,538.6%. The long-run trend across the full record is volatile.
Where does this Türkiye data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value Standard Local in Türkiye. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices/turkiye-2/

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About this data

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices
Unit
SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
209 places, 10,808 data points, 1970–2024
Last refreshed

The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).