Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Turkey
Turkey: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.4065 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.4065 million USD per square kilometre
Change on year
up 8.4%
World rank
55th
of 194 countries
All-time high
0.4065 million USD per square kilometre
in 2023
All-time low
0.0186 million USD per square kilometre
in 1971
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Turkey, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices, per square in Turkey is 0.4065 million USD per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 8.4% on the previous year and up 40.4% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Turkey peaked at 0.4065 million USD per square kilometre in 2023 and was at its lowest, 0.0186 million USD per square kilometre, in 1971.
That places Turkey 55th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Turkey, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0202 million USD per square kilometre | — |
| 1971 | 0.0186 million USD per square kilometre | -8.1% |
| 1972 | 0.0221 million USD per square kilometre | +19.1% |
| 1973 | 0.0239 million USD per square kilometre | +8.2% |
| 1974 | 0.036 million USD per square kilometre | +50.4% |
| 1975 | 0.0375 million USD per square kilometre | +4.4% |
| 1976 | 0.0449 million USD per square kilometre | +19.6% |
| 1977 | 0.0352 million USD per square kilometre | -21.6% |
| 1978 | 0.0292 million USD per square kilometre | -17.1% |
| 1979 | 0.03 million USD per square kilometre | +2.8% |
| 1980 | 0.025 million USD per square kilometre | -16.7% |
| 1981 | 0.0329 million USD per square kilometre | +31.6% |
| 1982 | 0.031 million USD per square kilometre | -5.7% |
| 1983 | 0.0318 million USD per square kilometre | +2.6% |
| 1984 | 0.0321 million USD per square kilometre | +0.9% |
| 1985 | 0.0358 million USD per square kilometre | +11.5% |
| 1986 | 0.0388 million USD per square kilometre | +8.4% |
| 1987 | 0.0563 million USD per square kilometre | +45.1% |
| 1988 | 0.0557 million USD per square kilometre | -1.0% |
| 1989 | 0.0569 million USD per square kilometre | +2.2% |
| 1990 | 0.0659 million USD per square kilometre | +15.9% |
| 1991 | 0.0662 million USD per square kilometre | +0.4% |
| 1992 | 0.0704 million USD per square kilometre | +6.4% |
| 1993 | 0.089 million USD per square kilometre | +26.4% |
| 1994 | 0.0748 million USD per square kilometre | -16.0% |
| 1995 | 0.0816 million USD per square kilometre | +9.1% |
| 1996 | 0.0931 million USD per square kilometre | +14.1% |
| 1997 | 0.1069 million USD per square kilometre | +14.8% |
| 1998 | 0.1028 million USD per square kilometre | -3.9% |
| 1999 | 0.0879 million USD per square kilometre | -14.4% |
| 2000 | 0.1072 million USD per square kilometre | +21.9% |
| 2001 | 0.0782 million USD per square kilometre | -27.0% |
| 2002 | 0.0922 million USD per square kilometre | +17.8% |
| 2003 | 0.1101 million USD per square kilometre | +19.4% |
| 2004 | 0.1452 million USD per square kilometre | +31.9% |
| 2005 | 0.1736 million USD per square kilometre | +19.6% |
| 2006 | 0.2003 million USD per square kilometre | +15.4% |
| 2007 | 0.2113 million USD per square kilometre | +5.5% |
| 2008 | 0.2056 million USD per square kilometre | -2.7% |
| 2009 | 0.1633 million USD per square kilometre | -20.6% |
| 2010 | 0.1992 million USD per square kilometre | +22.0% |
| 2011 | 0.2464 million USD per square kilometre | +23.7% |
| 2012 | 0.2534 million USD per square kilometre | +2.9% |
| 2013 | 0.2895 million USD per square kilometre | +14.2% |
| 2014 | 0.3037 million USD per square kilometre | +4.9% |
| 2015 | 0.3319 million USD per square kilometre | +9.3% |
| 2016 | 0.3392 million USD per square kilometre | +2.2% |
| 2017 | 0.3672 million USD per square kilometre | +8.3% |
| 2018 | 0.3678 million USD per square kilometre | +0.1% |
| 2019 | 0.3219 million USD per square kilometre | -12.5% |
| 2020 | 0.3455 million USD per square kilometre | +7.3% |
| 2021 | 0.3705 million USD per square kilometre | +7.2% |
| 2022 | 0.3752 million USD per square kilometre | +1.3% |
| 2023 | 0.4065 million USD per square kilometre | +8.4% |
Turkey compared with similar countries
- Turkey's 0.4065 million USD per square kilometre is above the median for upper middle income countries, which is 0.0962 million USD per square kilometre, 4.2× the median. (54 countries reporting)
- Turkey's 0.4065 million USD per square kilometre is above the median for Europe & Central Asia, which is 0.2754 million USD per square kilometre, 1.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0298 million USD per square kilometre | 0.0186 million USD per square kilometre | 0.0449 million USD per square kilometre | 10 |
| 1980s | 0.0396 million USD per square kilometre | 0.025 million USD per square kilometre | 0.0569 million USD per square kilometre | 10 |
| 1990s | 0.0839 million USD per square kilometre | 0.0659 million USD per square kilometre | 0.1069 million USD per square kilometre | 10 |
| 2000s | 0.1487 million USD per square kilometre | 0.0782 million USD per square kilometre | 0.2113 million USD per square kilometre | 10 |
| 2010s | 0.302 million USD per square kilometre | 0.1992 million USD per square kilometre | 0.3678 million USD per square kilometre | 10 |
| 2020s | 0.3744 million USD per square kilometre | 0.3455 million USD per square kilometre | 0.4065 million USD per square kilometre | 4 |
Countries ranked near Turkey
- 52 Trinidad and Tobago 0.4556 million USD per square kilometre compare
- 53 Tuvalu 0.4197 million USD per square kilometre compare
- 54 Poland 0.4135 million USD per square kilometre compare
- 56 Hungary 0.3952 million USD per square kilometre compare
- 57 Vietnam 0.3858 million USD per square kilometre compare
- 58 French Polynesia 0.3736 million USD 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 us$, 2015 prices, per square in Turkey?
- Gross fixed capital formation — value us$, 2015 prices, per square in Turkey was 0.4065 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Turkey?
- The highest recorded value was 0.4065 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Turkey?
- The lowest recorded value was 0.0186 million USD per square kilometre in 1971.
- How does Turkey rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Turkey ranks 55th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square 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 US$, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices 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 US$, 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.