Gross fixed capital formation, Private sector … Private Percent in Turkey
Turkey: Gross fixed capital formation, Private sector … Private Percent was 21.71 in 2019. ▼ Falling
Gross fixed capital formation, Private sector, Constant prices in Turkey, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in Turkey is 21.71, measured in 2019.
The figure is down 13.2% on the previous year and up 18.1% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Turkey peaked at 28.97 in 1961 and was at its lowest, 18.38, in 2009.
That places Turkey 26th out of 173 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently falling across the 60 years of available data.
Gross fixed capital formation, Private sector … Private Percent in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 28.34 | — |
| 1961 | 28.97 | +2.2% |
| 1962 | 28.41 | -2.0% |
| 1963 | 27 | -5.0% |
| 1964 | 26.96 | -0.1% |
| 1965 | 27.32 | +1.3% |
| 1966 | 25.44 | -6.9% |
| 1967 | 25.32 | -0.5% |
| 1968 | 24.68 | -2.5% |
| 1969 | 24.37 | -1.3% |
| 1970 | 24.16 | -0.9% |
| 1971 | 23.8 | -1.5% |
| 1972 | 23.04 | -3.2% |
| 1973 | 23.21 | +0.7% |
| 1974 | 22.86 | -1.5% |
| 1975 | 22.18 | -3.0% |
| 1976 | 20.88 | -5.9% |
| 1977 | 21 | +0.6% |
| 1978 | 21.52 | +2.5% |
| 1979 | 22.52 | +4.7% |
| 1980 | 24.01 | +6.6% |
| 1981 | 23.81 | -0.8% |
| 1982 | 23.91 | +0.4% |
| 1983 | 23.69 | -0.9% |
| 1984 | 23.09 | -2.5% |
| 1985 | 23.04 | -0.2% |
| 1986 | 22.39 | -2.8% |
| 1987 | 21.27 | -5.0% |
| 1988 | 21.66 | +1.8% |
| 1989 | 22.47 | +3.7% |
| 1990 | 21.39 | -4.8% |
| 1991 | 22.04 | +3.0% |
| 1992 | 21.63 | -1.9% |
| 1993 | 20.82 | -3.7% |
| 1994 | 22.9 | +10.0% |
| 1995 | 22.22 | -3.0% |
| 1996 | 21.59 | -2.8% |
| 1997 | 20.88 | -3.3% |
| 1998 | 21.07 | +0.9% |
| 1999 | 22.65 | +7.5% |
| 2000 | 22.03 | -2.7% |
| 2001 | 24.31 | +10.3% |
| 2002 | 23.75 | -2.3% |
| 2003 | 23.35 | -1.7% |
| 2004 | 22.12 | -5.3% |
| 2005 | 21.11 | -4.6% |
| 2006 | 20.52 | -2.8% |
| 2007 | 20.32 | -1.0% |
| 2008 | 20.96 | +3.2% |
| 2009 | 18.38 | -12.3% |
| 2010 | 21.62 | +17.7% |
| 2011 | 24.93 | +15.3% |
| 2012 | 24.35 | -2.3% |
| 2013 | 25.25 | +3.7% |
| 2014 | 25.71 | +1.8% |
| 2015 | 26.46 | +2.9% |
| 2016 | 25.97 | -1.8% |
| 2017 | 25.82 | -0.6% |
| 2018 | 25.01 | -3.1% |
| 2019 | 21.71 | -13.2% |
Turkey compared with similar countries
- Turkey's 21.71 is above the median for upper middle income countries, which is 14.94, 1.5× the median. (50 countries reporting)
- Turkey's 21.71 is above the median for Europe & Central Asia, which is 16.1, 1.3× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 26.68 | 24.37 | 28.97 | 10 |
| 1970s | 22.52 | 20.88 | 24.16 | 10 |
| 1980s | 22.93 | 21.27 | 24.01 | 10 |
| 1990s | 21.72 | 20.82 | 22.9 | 10 |
| 2000s | 21.68 | 18.38 | 24.31 | 10 |
| 2010s | 24.68 | 21.62 | 26.46 | 10 |
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, private sector, constant prices in Turkey?
- Gross fixed capital formation, private sector, constant prices in Turkey was 21.71 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Turkey?
- The highest recorded value was 28.97 in 1961.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Turkey?
- The lowest recorded value was 18.38 in 2009.
- How does Turkey rank for gross fixed capital formation, private sector, constant prices?
- Turkey ranks 26th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Turkey?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is falling.
- Where does this Turkey data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.