Gross fixed capital formation, Private sector, Constant prices in Turkey
Turkey: Gross fixed capital formation, Private sector, Constant prices was 510.67 in 2019. ◆ Volatile
Latest (2019)
510.67
Change on year
down 12.4%
World rank
10th
of 173 countries
All-time high
584.63
in 2017
All-time low
44.78
in 1960
Years of data
60
1960–2019
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 510.67, measured in 2019.
Compared with earlier readings it is down 12.4% on the previous year and up 108.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Turkey peaked at 584.63 in 2017 and was at its lowest, 44.78, in 1960.
Turkey ranks 10th of 173 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 44.78 | — |
| 1961 | 46.57 | +4.0% |
| 1962 | 48.44 | +4.0% |
| 1963 | 50.37 | +4.0% |
| 1964 | 52.39 | +4.0% |
| 1965 | 54.48 | +4.0% |
| 1966 | 56.66 | +4.0% |
| 1967 | 58.93 | +4.0% |
| 1968 | 61.29 | +4.0% |
| 1969 | 63.74 | +4.0% |
| 1970 | 66.29 | +4.0% |
| 1971 | 68.94 | +4.0% |
| 1972 | 71.7 | +4.0% |
| 1973 | 74.57 | +4.0% |
| 1974 | 77.55 | +4.0% |
| 1975 | 80.65 | +4.0% |
| 1976 | 83.88 | +4.0% |
| 1977 | 87.23 | +4.0% |
| 1978 | 90.72 | +4.0% |
| 1979 | 94.35 | +4.0% |
| 1980 | 98.12 | +4.0% |
| 1981 | 102.05 | +4.0% |
| 1982 | 106.13 | +4.0% |
| 1983 | 110.38 | +4.0% |
| 1984 | 114.79 | +4.0% |
| 1985 | 119.38 | +4.0% |
| 1986 | 124.16 | +4.0% |
| 1987 | 129.12 | +4.0% |
| 1988 | 134.29 | +4.0% |
| 1989 | 139.66 | +4.0% |
| 1990 | 145.25 | +4.0% |
| 1991 | 151.06 | +4.0% |
| 1992 | 157.1 | +4.0% |
| 1993 | 163.38 | +4.0% |
| 1994 | 169.92 | +4.0% |
| 1995 | 176.71 | +4.0% |
| 1996 | 183.78 | +4.0% |
| 1997 | 191.13 | +4.0% |
| 1998 | 198.78 | +4.0% |
| 1999 | 206.73 | +4.0% |
| 2000 | 215 | +4.0% |
| 2001 | 223.6 | +4.0% |
| 2002 | 232.54 | +4.0% |
| 2003 | 241.85 | +4.0% |
| 2004 | 251.52 | +4.0% |
| 2005 | 261.58 | +4.0% |
| 2006 | 272.04 | +4.0% |
| 2007 | 282.93 | +4.0% |
| 2008 | 294.24 | +4.0% |
| 2009 | 245.49 | -16.6% |
| 2010 | 313.18 | +27.6% |
| 2011 | 401.64 | +28.2% |
| 2012 | 411.02 | +2.3% |
| 2013 | 462.32 | +12.5% |
| 2014 | 494.05 | +6.9% |
| 2015 | 539.39 | +9.2% |
| 2016 | 547.08 | +1.4% |
| 2017 | 584.63 | +6.9% |
| 2018 | 583.01 | -0.3% |
| 2019 | 510.67 | -12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 53.77 | 44.78 | 63.74 | 10 |
| 1970s | 79.59 | 66.29 | 94.35 | 10 |
| 1980s | 117.81 | 98.12 | 139.66 | 10 |
| 1990s | 174.38 | 145.25 | 206.73 | 10 |
| 2000s | 252.08 | 215 | 294.24 | 10 |
| 2010s | 484.7 | 313.18 | 584.63 | 10 |
Countries ranked near Turkey
More economy & growth data for Turkey
- Industry (including construction), value added (constant 2015 US$) 2.05 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.2434 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 3,869 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 2.05 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.416 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 6,612 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 21.41 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5942 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 11,053 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 46.02 % 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 510.67 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 584.63 in 2017.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Turkey?
- The lowest recorded value was 44.78 in 1960.
- How does Turkey rank for gross fixed capital formation, private sector, constant prices?
- Turkey ranks 10th 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 108.0%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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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.