Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Turkey
Turkey: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 1.11 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.11 million SLC per square kilometre
Change on year
up 8.4%
World rank
113th
of 194 countries
All-time high
1.11 million SLC per square kilometre
in 2023
All-time low
0.0505 million SLC per square kilometre
in 1971
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Turkey, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Turkey recorded 1.11 million SLC per square kilometre for gross fixed capital formation — value standard local currency, 2015 in 2023. That is the highest value across all 54 years on record.
That represents a change of up 8.4% on the previous year and up 40.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Turkey peaked at 1.11 million SLC per square kilometre in 2023 and was at its lowest, 0.0505 million SLC per square kilometre, in 1971.
Turkey ranks 113th of 194 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
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0549 million SLC per square kilometre | — |
| 1971 | 0.0505 million SLC per square kilometre | -8.1% |
| 1972 | 0.0601 million SLC per square kilometre | +19.1% |
| 1973 | 0.065 million SLC per square kilometre | +8.2% |
| 1974 | 0.0978 million SLC per square kilometre | +50.4% |
| 1975 | 0.1021 million SLC per square kilometre | +4.4% |
| 1976 | 0.1221 million SLC per square kilometre | +19.6% |
| 1977 | 0.0958 million SLC per square kilometre | -21.6% |
| 1978 | 0.0794 million SLC per square kilometre | -17.1% |
| 1979 | 0.0816 million SLC per square kilometre | +2.8% |
| 1980 | 0.0679 million SLC per square kilometre | -16.7% |
| 1981 | 0.0894 million SLC per square kilometre | +31.6% |
| 1982 | 0.0843 million SLC per square kilometre | -5.7% |
| 1983 | 0.0865 million SLC per square kilometre | +2.6% |
| 1984 | 0.0873 million SLC per square kilometre | +0.9% |
| 1985 | 0.0973 million SLC per square kilometre | +11.5% |
| 1986 | 0.1055 million SLC per square kilometre | +8.4% |
| 1987 | 0.1531 million SLC per square kilometre | +45.1% |
| 1988 | 0.1515 million SLC per square kilometre | -1.0% |
| 1989 | 0.1548 million SLC per square kilometre | +2.2% |
| 1990 | 0.1794 million SLC per square kilometre | +15.9% |
| 1991 | 0.1802 million SLC per square kilometre | +0.4% |
| 1992 | 0.1916 million SLC per square kilometre | +6.4% |
| 1993 | 0.2421 million SLC per square kilometre | +26.4% |
| 1994 | 0.2034 million SLC per square kilometre | -16.0% |
| 1995 | 0.222 million SLC per square kilometre | +9.1% |
| 1996 | 0.2533 million SLC per square kilometre | +14.1% |
| 1997 | 0.2909 million SLC per square kilometre | +14.8% |
| 1998 | 0.2795 million SLC per square kilometre | -3.9% |
| 1999 | 0.2392 million SLC per square kilometre | -14.4% |
| 2000 | 0.2916 million SLC per square kilometre | +21.9% |
| 2001 | 0.2128 million SLC per square kilometre | -27.0% |
| 2002 | 0.2507 million SLC per square kilometre | +17.8% |
| 2003 | 0.2994 million SLC per square kilometre | +19.4% |
| 2004 | 0.3949 million SLC per square kilometre | +31.9% |
| 2005 | 0.4722 million SLC per square kilometre | +19.6% |
| 2006 | 0.5449 million SLC per square kilometre | +15.4% |
| 2007 | 0.5748 million SLC per square kilometre | +5.5% |
| 2008 | 0.5592 million SLC per square kilometre | -2.7% |
| 2009 | 0.4442 million SLC per square kilometre | -20.6% |
| 2010 | 0.5418 million SLC per square kilometre | +22.0% |
| 2011 | 0.6701 million SLC per square kilometre | +23.7% |
| 2012 | 0.6893 million SLC per square kilometre | +2.9% |
| 2013 | 0.7874 million SLC per square kilometre | +14.2% |
| 2014 | 0.8261 million SLC per square kilometre | +4.9% |
| 2015 | 0.9028 million SLC per square kilometre | +9.3% |
| 2016 | 0.9227 million SLC per square kilometre | +2.2% |
| 2017 | 0.9989 million SLC per square kilometre | +8.3% |
| 2018 | 1 million SLC per square kilometre | +0.1% |
| 2019 | 0.8756 million SLC per square kilometre | -12.5% |
| 2020 | 0.9397 million SLC per square kilometre | +7.3% |
| 2021 | 1.01 million SLC per square kilometre | +7.2% |
| 2022 | 1.02 million SLC per square kilometre | +1.3% |
| 2023 | 1.11 million SLC per square kilometre | +8.4% |
Turkey compared with similar countries
- Turkey's 1.11 million SLC per square kilometre is above the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 1.2× the median. (54 countries reporting)
- Turkey's 1.11 million SLC per square kilometre is below the median for Europe & Central Asia, which is 1.13 million SLC per square kilometre, 98% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0809 million SLC per square kilometre | 0.0505 million SLC per square kilometre | 0.1221 million SLC per square kilometre | 10 |
| 1980s | 0.1078 million SLC per square kilometre | 0.0679 million SLC per square kilometre | 0.1548 million SLC per square kilometre | 10 |
| 1990s | 0.2282 million SLC per square kilometre | 0.1794 million SLC per square kilometre | 0.2909 million SLC per square kilometre | 10 |
| 2000s | 0.4045 million SLC per square kilometre | 0.2128 million SLC per square kilometre | 0.5748 million SLC per square kilometre | 10 |
| 2010s | 0.8215 million SLC per square kilometre | 0.5418 million SLC per square kilometre | 1 million SLC per square kilometre | 10 |
| 2020s | 1.02 million SLC per square kilometre | 0.9397 million SLC per square kilometre | 1.11 million SLC per square kilometre | 4 |
Countries ranked near Turkey
- 110 Andorra 1.23 million SLC per square kilometre compare
- 111 Austria 1.13 million SLC per square kilometre compare
- 112 Romania 1.12 million SLC per square kilometre compare
- 114 Kyrgyzstan 1.08 million SLC per square kilometre compare
- 115 Brunei 1.07 million SLC per square kilometre compare
- 116 France 1 million SLC per square kilometre compare
More economy & growth data for Turkey
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.61 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 77.33 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.70 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.77 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 136.79 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 19.3 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1162 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,161 includes gold, current US$ per person (2025)
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 1.11 million SLC per square kilometre in 2023, 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 1.11 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Turkey?
- The lowest recorded value was 0.0505 million SLC per square kilometre in 1971.
- How does Turkey rank for gross fixed capital formation — value standard local currency, 2015?
- Turkey ranks 113th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Turkey?
- Over the last ten years it is up 40.4%. 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, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.