Gross Fixed Capital Formation — Value US$, annual growth rate in Türkiye
Türkiye: Gross Fixed Capital Formation — Value US$, annual growth rate was 15.14 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Türkiye, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value us$, annual growth rate in Türkiye stood at 15.14 % change on previous year.
The figure is down 56.3% on the previous year and up 2,673.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Türkiye peaked at 58.25 % change on previous year in 2004 and was at its lowest, -40.56 % change on previous year, in 2001.
Türkiye ranks 22nd of 235 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate in Türkiye, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -13.13 % change on previous year | — |
| 1972 | 29.03 % change on previous year | -321.1% |
| 1973 | 30 % change on previous year | +3.4% |
| 1974 | 41.79 % change on previous year | +39.3% |
| 1975 | 32.88 % change on previous year | -21.3% |
| 1976 | 33.66 % change on previous year | +2.4% |
| 1977 | 10.78 % change on previous year | -68.0% |
| 1978 | -8.88 % change on previous year | -182.4% |
| 1979 | 41.9 % change on previous year | -572.0% |
| 1980 | -38.1 % change on previous year | -190.9% |
| 1981 | 25.53 % change on previous year | -167.0% |
| 1982 | -9.37 % change on previous year | -136.7% |
| 1983 | -6.24 % change on previous year | -33.4% |
| 1984 | -2.5 % change on previous year | -59.9% |
| 1985 | 28.94 % change on previous year | -1256.9% |
| 1986 | 28.93 % change on previous year | -0.0% |
| 1987 | 14.16 % change on previous year | -51.1% |
| 1988 | 9.96 % change on previous year | -29.7% |
| 1989 | 3 % change on previous year | -69.9% |
| 1990 | 41.04 % change on previous year | +1267.4% |
| 1991 | 4.45 % change on previous year | -89.2% |
| 1992 | 4.47 % change on previous year | +0.4% |
| 1993 | 27.23 % change on previous year | +509.7% |
| 1994 | -32.77 % change on previous year | -220.3% |
| 1995 | 25.48 % change on previous year | -177.8% |
| 1996 | 12.81 % change on previous year | -49.7% |
| 1997 | 10.18 % change on previous year | -20.5% |
| 1998 | -1.84 % change on previous year | -118.0% |
| 1999 | -21.23 % change on previous year | +1056.6% |
| 2000 | 19.52 % change on previous year | -191.9% |
| 2001 | -40.56 % change on previous year | -307.7% |
| 2002 | 29.19 % change on previous year | -172.0% |
| 2003 | 39.04 % change on previous year | +33.7% |
| 2004 | 58.25 % change on previous year | +49.2% |
| 2005 | 29.89 % change on previous year | -48.7% |
| 2006 | 18.61 % change on previous year | -37.8% |
| 2007 | 19.8 % change on previous year | +6.4% |
| 2008 | 8.07 % change on previous year | -59.2% |
| 2009 | -29.71 % change on previous year | -468.2% |
| 2010 | 32.62 % change on previous year | -209.8% |
| 2011 | 21.58 % change on previous year | -33.8% |
| 2012 | 2.39 % change on previous year | -88.9% |
| 2013 | 13.95 % change on previous year | +484.8% |
| 2014 | -0.5886 % change on previous year | -104.2% |
| 2015 | -5.36 % change on previous year | +810.2% |
| 2016 | -0.8984 % change on previous year | -83.2% |
| 2017 | 1.31 % change on previous year | -246.0% |
| 2018 | -9.59 % change on previous year | -831.2% |
| 2019 | -14.74 % change on previous year | +53.7% |
| 2020 | 0.2843 % change on previous year | -101.9% |
| 2021 | 16.51 % change on previous year | +5706.1% |
| 2022 | 14.53 % change on previous year | -12.0% |
| 2023 | 34.66 % change on previous year | +138.5% |
| 2024 | 15.14 % change on previous year | -56.3% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate in Türkiye changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +5706.1% | 0.2843 % change on previous year | 16.51 % change on previous year |
| 1990 | +1267.4% | 3 % change on previous year | 41.04 % change on previous year |
| 1985 | +1256.9% | -2.5 % change on previous year | 28.94 % change on previous year |
| 1999 | -1056.6% | -1.84 % change on previous year | -21.23 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22 % change on previous year | -13.13 % change on previous year | 41.9 % change on previous year | 9 |
| 1980s | 5.43 % change on previous year | -38.1 % change on previous year | 28.94 % change on previous year | 10 |
| 1990s | 6.98 % change on previous year | -32.77 % change on previous year | 41.04 % change on previous year | 10 |
| 2000s | 15.21 % change on previous year | -40.56 % change on previous year | 58.25 % change on previous year | 10 |
| 2010s | 4.07 % change on previous year | -14.74 % change on previous year | 32.62 % change on previous year | 10 |
| 2020s | 16.23 % change on previous year | 0.2843 % change on previous year | 34.66 % change on previous year | 5 |
Countries ranked near Türkiye
- 19 Somalia 15.73 % change on previous year compare
- 20 Croatia 15.52 % change on previous year compare
- 21 Pakistan 15.42 % change on previous year compare
- 22 Turkey 15.14 % change on previous year compare
- 24 Cote d'Ivoire 14.99 % change on previous year compare
- 24 Côte d'Ivoire 14.99 % change on previous year compare
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 Fixed Capital Formation — Value Standard Local Currency, annual 59.13 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 3.87 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 3.87 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 3.87 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 15.14 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 3.87 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 59.13 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 25.09 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Türkiye?
- Gross fixed capital formation — value us$, annual growth rate in Türkiye was 15.14 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Türkiye?
- The highest recorded value was 58.25 % change on previous year in 2004.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Türkiye?
- The lowest recorded value was -40.56 % change on previous year in 2001.
- How does Türkiye rank for gross fixed capital formation — value us$, annual growth rate?
- Türkiye ranks 22nd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Türkiye?
- Over the last ten years it is up 2,673.1%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.