Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Turkey

Turkey: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 3.87 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.87 % change on previous year
Change on year
down 53.7%
World rank
82nd
of 222 countries
All-time high
50.38 % change on previous year
in 1974
All-time low
-27.01 % change on previous year
in 2001
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Turkey, 1971–2024

-200204060197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross fixed capital formation — value standard local currency, 2015 in Turkey stood at 3.87 % change on previous year.

The figure is down 53.7% on the previous year and down 21.2% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Turkey peaked at 50.38 % change on previous year in 1974 and was at its lowest, -27.01 % change on previous year, in 2001.

Turkey ranks 82nd of 222 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Turkey, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate in Turkey, 1971 to 2024.
Year % change on previous year Change
1971 -8.11 % change on previous year
1972 19.08 % change on previous year -335.2%
1973 8.22 % change on previous year -56.9%
1974 50.38 % change on previous year +512.6%
1975 4.38 % change on previous year -91.3%
1976 19.63 % change on previous year +348.6%
1977 -21.58 % change on previous year -209.9%
1978 -17.07 % change on previous year -20.9%
1979 2.75 % change on previous year -116.1%
1980 -16.75 % change on previous year -708.6%
1981 31.63 % change on previous year -288.9%
1982 -5.71 % change on previous year -118.1%
1983 2.59 % change on previous year -145.4%
1984 0.9283 % change on previous year -64.2%
1985 11.46 % change on previous year +1134.8%
1986 8.39 % change on previous year -26.8%
1987 45.12 % change on previous year +437.9%
1988 -1.04 % change on previous year -102.3%
1989 2.2 % change on previous year -311.2%
1990 15.88 % change on previous year +622.5%
1991 0.4324 % change on previous year -97.3%
1992 6.35 % change on previous year +1369.5%
1993 26.36 % change on previous year +314.7%
1994 -15.97 % change on previous year -160.6%
1995 9.14 % change on previous year -157.3%
1996 14.07 % change on previous year +53.9%
1997 14.84 % change on previous year +5.4%
1998 -3.9 % change on previous year -126.3%
1999 -14.44 % change on previous year +270.6%
2000 21.91 % change on previous year -251.7%
2001 -27.01 % change on previous year -223.3%
2002 17.82 % change on previous year -166.0%
2003 19.39 % change on previous year +8.8%
2004 31.92 % change on previous year +64.6%
2005 19.57 % change on previous year -38.7%
2006 15.39 % change on previous year -21.4%
2007 5.5 % change on previous year -64.3%
2008 -2.72 % change on previous year -149.5%
2009 -20.56 % change on previous year +656.2%
2010 21.96 % change on previous year -206.8%
2011 23.68 % change on previous year +7.8%
2012 2.86 % change on previous year -87.9%
2013 14.24 % change on previous year +397.6%
2014 4.91 % change on previous year -65.5%
2015 9.28 % change on previous year +89.0%
2016 2.21 % change on previous year -76.2%
2017 8.26 % change on previous year +274.4%
2018 0.1441 % change on previous year -98.3%
2019 -12.47 % change on previous year -8753.2%
2020 7.33 % change on previous year -158.8%
2021 7.23 % change on previous year -1.3%
2022 1.27 % change on previous year -82.5%
2023 8.36 % change on previous year +559.5%
2024 3.87 % change on previous year -53.7%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Turkey 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.

YearChange FromTo
2019 -8753.2% 0.1441 % change on previous year -12.47 % change on previous year
1992 +1369.5% 0.4324 % change on previous year 6.35 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.41 % change on previous year -21.58 % change on previous year 50.38 % change on previous year 9
1980s 7.88 % change on previous year -16.75 % change on previous year 45.12 % change on previous year 10
1990s 5.28 % change on previous year -15.97 % change on previous year 26.36 % change on previous year 10
2000s 8.12 % change on previous year -27.01 % change on previous year 31.92 % change on previous year 10
2010s 7.51 % change on previous year -12.47 % change on previous year 23.68 % change on previous year 10
2020s 5.61 % change on previous year 1.27 % change on previous year 8.36 % change on previous year 5

Countries ranked near Turkey

  1. 79 Republic of Korea 4 % change on previous year compare
  2. 80 New Zealand 3.94 % change on previous year compare
  3. 81 Kuwait 3.92 % change on previous year compare
  4. 82 Türkiye 3.87 % change on previous year compare
  5. 84 Bermuda 3.72 % change on previous year compare
  6. 85 Syria 3.68 % change on previous year compare
  7. 85 Syrian Arab Republic 3.68 % change on previous year compare

See the full ranking of 223 places →

More economy & growth data for Turkey

All data for Turkey →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in Turkey?
Gross fixed capital formation — value standard local currency, 2015 in Turkey was 3.87 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Turkey?
The highest recorded value was 50.38 % change on previous year in 1974.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Turkey?
The lowest recorded value was -27.01 % change on previous year in 2001.
How does Turkey rank for gross fixed capital formation — value standard local currency, 2015?
Turkey ranks 82nd out of 222 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Turkey?
Over the last ten years it is down 21.2%. The long-run trend across the full record is volatile.
Where does this Turkey data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Turkey. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-annual-growth-rate/turkiye/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
223 places, 11,242 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.