Gross Fixed Capital Formation — Value US$, 2015 prices in Türkiye
Türkiye: Gross Fixed Capital Formation — Value US$, 2015 prices was 324,980 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Türkiye, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Türkiye recorded 324,980 million USD for gross fixed capital formation — value us$, 2015 prices 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 us$, 2015 prices in Türkiye peaked at 324,980 million USD in 2024 and was at its lowest, 14,280 million USD, in 1971.
Türkiye ranks 14th of 41 regions on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22,900 million USD | 14,280 million USD | 34,554 million USD | 10 |
| 1980s | 30,491 million USD | 19,222 million USD | 43,801 million USD | 10 |
| 1990s | 64,557 million USD | 50,755 million USD | 82,298 million USD | 10 |
| 2000s | 114,445 million USD | 60,216 million USD | 162,643 million USD | 10 |
| 2010s | 232,443 million USD | 153,306 million USD | 283,040 million USD | 10 |
| 2020s | 295,518 million USD | 265,893 million USD | 324,980 million USD | 5 |
Countries ranked near Türkiye
More economy & growth data for Türkiye
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.48 Percent per annum (2029)
- Gross Domestic Product — Value US$ per capita 15,127 USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 883,949 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 410,189 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 13.46 million million SLC (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.94 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.18 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 18.06 % (2024)
- Gross Domestic Product — Value US$ 1.32 million million USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Türkiye?
- Gross fixed capital formation — value us$, 2015 prices in Türkiye was 324,980 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Türkiye?
- The highest recorded value was 324,980 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Türkiye?
- The lowest recorded value was 14,280 million USD in 1971.
- How does Türkiye rank for gross fixed capital formation — value us$, 2015 prices?
- Türkiye ranks 14th out of 41 regions with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
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).