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

Türkiye: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 883,949 million SLC in 2024. ◆ Volatile

Latest (2024)
883,949 million SLC
Change on year
up 3.9%
World rank
7th
of 12 countries
All-time high
883,949 million SLC
in 2024
All-time low
38,843 million SLC
in 1971
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Türkiye, 1970–2024

0200.0k400.0k600.0k800.0k197019972024

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

Analysis

Türkiye recorded 883,949 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024. That is the highest value across all 55 years on record.

The figure is up 3.9% on the previous year and up 39.0% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Türkiye peaked at 883,949 million SLC in 2024 and was at its lowest, 38,843 million SLC, in 1971.

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 Türkiye, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices in Türkiye, 1970 to 2024.
Year million SLC Change
1970 42,270 million SLC
1971 38,843 million SLC -8.1%
1972 46,252 million SLC +19.1%
1973 50,055 million SLC +8.2%
1974 75,271 million SLC +50.4%
1975 78,565 million SLC +4.4%
1976 93,988 million SLC +19.6%
1977 73,704 million SLC -21.6%
1978 61,121 million SLC -17.1%
1979 62,803 million SLC +2.8%
1980 52,285 million SLC -16.7%
1981 68,824 million SLC +31.6%
1982 64,893 million SLC -5.7%
1983 66,575 million SLC +2.6%
1984 67,193 million SLC +0.9%
1985 74,895 million SLC +11.5%
1986 81,177 million SLC +8.4%
1987 117,803 million SLC +45.1%
1988 116,577 million SLC -1.0%
1989 119,139 million SLC +2.2%
1990 138,055 million SLC +15.9%
1991 138,652 million SLC +0.4%
1992 147,463 million SLC +6.4%
1993 186,328 million SLC +26.4%
1994 156,575 million SLC -16.0%
1995 170,889 million SLC +9.1%
1996 194,932 million SLC +14.1%
1997 223,851 million SLC +14.8%
1998 215,130 million SLC -3.9%
1999 184,070 million SLC -14.4%
2000 224,397 million SLC +21.9%
2001 163,788 million SLC -27.0%
2002 192,976 million SLC +17.8%
2003 230,402 million SLC +19.4%
2004 303,944 million SLC +31.9%
2005 363,422 million SLC +19.6%
2006 419,339 million SLC +15.4%
2007 442,391 million SLC +5.5%
2008 430,365 million SLC -2.7%
2009 341,901 million SLC -20.6%
2010 416,994 million SLC +22.0%
2011 515,720 million SLC +23.7%
2012 530,482 million SLC +2.9%
2013 606,042 million SLC +14.2%
2014 635,801 million SLC +4.9%
2015 694,810 million SLC +9.3%
2016 710,131 million SLC +2.2%
2017 768,763 million SLC +8.3%
2018 769,871 million SLC +0.1%
2019 673,855 million SLC -12.5%
2020 723,232 million SLC +7.3%
2021 775,520 million SLC +7.2%
2022 785,350 million SLC +1.3%
2023 851,003 million SLC +8.4%
2024 883,949 million SLC +3.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 62,287 million SLC 38,843 million SLC 93,988 million SLC 10
1980s 82,936 million SLC 52,285 million SLC 119,139 million SLC 10
1990s 175,594 million SLC 138,055 million SLC 223,851 million SLC 10
2000s 311,292 million SLC 163,788 million SLC 442,391 million SLC 10
2010s 632,247 million SLC 416,994 million SLC 769,871 million SLC 10
2020s 803,811 million SLC 723,232 million SLC 883,949 million SLC 5

Countries ranked near Türkiye

  1. 4 Uzbekistan 167.34 million million SLC compare
  2. 5 Japan 137.68 million million SLC compare
  3. 6 India 73.29 million million SLC compare
  4. 7 Somalia 51.08 million million SLC compare
  5. 8 Paraguay 50.65 million million SLC compare
  6. 9 Cambodia 45.22 million million SLC compare
  7. 10 China, mainland 44.89 million million 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 — value standard local currency, 2015 in Türkiye?
Gross fixed capital formation — value standard local currency, 2015 in Türkiye was 883,949 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Türkiye?
The highest recorded value was 883,949 million SLC in 2024.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Türkiye?
The lowest recorded value was 38,843 million SLC in 1971.
How does Türkiye rank for gross fixed capital formation — value standard local currency, 2015?
Türkiye ranks 7th out of 12 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Türkiye?
Over the last ten years it is up 39.0%. 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 — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Türkiye. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices/turkiye-2/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
209 places, 10,794 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).