Gross Fixed Capital Formation — Value Standard Local Currency, per in Turkey
Turkey: Gross Fixed Capital Formation — Value Standard Local Currency, per was 10.99 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
10.99 million SLC per square kilometre
Change on year
up 93.2%
World rank
59th
of 194 countries
All-time high
10.99 million SLC per square kilometre
in 2023
All-time low
0 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in Turkey, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, per in Turkey stood at 10.99 million SLC per square kilometre. That is the highest value across all 54 years on record.
That represents a change of up 93.2% on the previous year and up 1,536.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Turkey peaked at 10.99 million SLC per square kilometre in 2023 and was at its lowest, 0 million SLC per square kilometre, in 1970.
Turkey ranks 59th 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, per in Turkey, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0 million SLC per square kilometre | — |
| 1971 | 0 million SLC per square kilometre | +14.0% |
| 1972 | 0 million SLC per square kilometre | +22.8% |
| 1973 | 0 million SLC per square kilometre | +30.0% |
| 1974 | 0 million SLC per square kilometre | +39.6% |
| 1975 | 0 million SLC per square kilometre | +37.8% |
| 1976 | 0 million SLC per square kilometre | +48.6% |
| 1977 | 0 million SLC per square kilometre | +24.2% |
| 1978 | 0 million SLC per square kilometre | +22.9% |
| 1979 | 0 million SLC per square kilometre | +81.6% |
| 1980 | 0 million SLC per square kilometre | +51.5% |
| 1981 | 0 million SLC per square kilometre | +83.6% |
| 1982 | 0 million SLC per square kilometre | +32.5% |
| 1983 | 0 million SLC per square kilometre | +30.0% |
| 1984 | 0 million SLC per square kilometre | +58.6% |
| 1985 | 0 million SLC per square kilometre | +83.5% |
| 1986 | 0 million SLC per square kilometre | +66.6% |
| 1987 | 0 million SLC per square kilometre | +45.1% |
| 1988 | 0.0001 million SLC per square kilometre | +82.5% |
| 1989 | 0.0001 million SLC per square kilometre | +53.6% |
| 1990 | 0.0002 million SLC per square kilometre | +73.4% |
| 1991 | 0.0003 million SLC per square kilometre | +67.0% |
| 1992 | 0.0004 million SLC per square kilometre | +72.1% |
| 1993 | 0.0009 million SLC per square kilometre | +103.4% |
| 1994 | 0.0016 million SLC per square kilometre | +81.2% |
| 1995 | 0.0032 million SLC per square kilometre | +94.3% |
| 1996 | 0.0063 million SLC per square kilometre | +100.3% |
| 1997 | 0.013 million SLC per square kilometre | +105.5% |
| 1998 | 0.0219 million SLC per square kilometre | +68.5% |
| 1999 | 0.0277 million SLC per square kilometre | +26.5% |
| 2000 | 0.0495 million SLC per square kilometre | +78.4% |
| 2001 | 0.0577 million SLC per square kilometre | +16.5% |
| 2002 | 0.0916 million SLC per square kilometre | +58.9% |
| 2003 | 0.1269 million SLC per square kilometre | +38.5% |
| 2004 | 0.1907 million SLC per square kilometre | +50.3% |
| 2005 | 0.2334 million SLC per square kilometre | +22.4% |
| 2006 | 0.2944 million SLC per square kilometre | +26.1% |
| 2007 | 0.3217 million SLC per square kilometre | +9.3% |
| 2008 | 0.3472 million SLC per square kilometre | +8.0% |
| 2009 | 0.2907 million SLC per square kilometre | -16.3% |
| 2010 | 0.3738 million SLC per square kilometre | +28.6% |
| 2011 | 0.5065 million SLC per square kilometre | +35.5% |
| 2012 | 0.556 million SLC per square kilometre | +9.8% |
| 2013 | 0.6716 million SLC per square kilometre | +20.8% |
| 2014 | 0.7675 million SLC per square kilometre | +14.3% |
| 2015 | 0.9028 million SLC per square kilometre | +17.6% |
| 2016 | 0.9934 million SLC per square kilometre | +10.0% |
| 2017 | 1.22 million SLC per square kilometre | +22.4% |
| 2018 | 1.45 million SLC per square kilometre | +19.7% |
| 2019 | 1.46 million SLC per square kilometre | +0.2% |
| 2020 | 1.81 million SLC per square kilometre | +23.9% |
| 2021 | 2.66 million SLC per square kilometre | +47.1% |
| 2022 | 5.69 million SLC per square kilometre | +114.2% |
| 2023 | 10.99 million SLC per square kilometre | +93.2% |
Turkey compared with similar countries
- Turkey's 10.99 million SLC per square kilometre is above the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 5.2× the median. (54 countries reporting)
- Turkey's 10.99 million SLC per square kilometre is above the median for Europe & Central Asia, which is 1.89 million SLC per square kilometre, 5.8× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per square kilometre | 0 million SLC per square kilometre | 0 million SLC per square kilometre | 10 |
| 1980s | 0 million SLC per square kilometre | 0 million SLC per square kilometre | 0.0001 million SLC per square kilometre | 10 |
| 1990s | 0.0076 million SLC per square kilometre | 0.0002 million SLC per square kilometre | 0.0277 million SLC per square kilometre | 10 |
| 2000s | 0.2004 million SLC per square kilometre | 0.0495 million SLC per square kilometre | 0.3472 million SLC per square kilometre | 10 |
| 2010s | 0.8899 million SLC per square kilometre | 0.3738 million SLC per square kilometre | 1.46 million SLC per square kilometre | 10 |
| 2020s | 5.28 million SLC per square kilometre | 1.81 million SLC per square kilometre | 10.99 million SLC per square kilometre | 4 |
Countries ranked near Turkey
- 56 Cameroon 12.1 million SLC per square kilometre compare
- 57 Kazakhstan 11.73 million SLC per square kilometre compare
- 58 Liechtenstein 11.55 million SLC per square kilometre compare
- 60 Seychelles 10.73 million SLC per square kilometre compare
- 61 Iceland 10.36 million SLC per square kilometre compare
- 62 Nepal 9.36 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, per in Turkey?
- Gross fixed capital formation — value standard local currency, per in Turkey was 10.99 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Turkey?
- The highest recorded value was 10.99 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Turkey?
- The lowest recorded value was 0 million SLC per square kilometre in 1970.
- How does Turkey rank for gross fixed capital formation — value standard local currency, per?
- Turkey ranks 59th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Turkey?
- Over the last ten years it is up 1,536.1%. 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, 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.