Gross Fixed Capital Formation — Value US$, per capita in Turkey

Turkey: Gross Fixed Capital Formation — Value US$, per capita was 0.0048 million USD per person in 2024. ◆ Volatile

Latest (2024)
0.0048 million USD per person
Change on year
up 14.9%
World rank
62nd
of 194 countries
All-time high
0.0048 million USD per person
in 2024
All-time low
0.0001 million USD per person
in 1971
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$, per capita in Turkey, 1970–2024

00.0010.0020.0030.0040.005197019972024

Source: Statizoid (derived). Measured in million USD per person.

Analysis

In 2024, gross fixed capital formation — value us$, per capita in Turkey stood at 0.0048 million USD per person. That is the highest value across all 55 years on record.

The figure is up 14.9% on the previous year and up 37.2% over ten years.

Over the whole period, gross fixed capital formation — value us$, per capita in Turkey peaked at 0.0048 million USD per person in 2024 and was at its lowest, 0.0001 million USD per person, in 1971.

Turkey ranks 62nd 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 US$, per capita in Turkey, year by year

Annual values for Gross Fixed Capital Formation — Value US$, per capita in Turkey, 1970 to 2024.
Year million USD per person Change
1970 0.0001 million USD per person
1971 0.0001 million USD per person -15.2%
1972 0.0001 million USD per person +26.0%
1973 0.0002 million USD per person +27.0%
1974 0.0002 million USD per person +38.7%
1975 0.0003 million USD per person +30.2%
1976 0.0004 million USD per person +31.0%
1977 0.0004 million USD per person +8.5%
1978 0.0004 million USD per person -10.7%
1979 0.0005 million USD per person +39.1%
1980 0.0003 million USD per person -39.3%
1981 0.0004 million USD per person +23.1%
1982 0.0003 million USD per person -11.3%
1983 0.0003 million USD per person -8.4%
1984 0.0003 million USD per person -4.7%
1985 0.0004 million USD per person +26.1%
1986 0.0005 million USD per person +26.2%
1987 0.0005 million USD per person +11.9%
1988 0.0006 million USD per person +7.8%
1989 0.0006 million USD per person +1.0%
1990 0.0008 million USD per person +38.4%
1991 0.0008 million USD per person +2.6%
1992 0.0009 million USD per person +2.7%
1993 0.0011 million USD per person +25.1%
1994 0.0007 million USD per person -33.9%
1995 0.0009 million USD per person +23.4%
1996 0.001 million USD per person +11.1%
1997 0.001 million USD per person +8.6%
1998 0.001 million USD per person -3.2%
1999 0.0008 million USD per person -22.3%
2000 0.0009 million USD per person +18.0%
2001 0.0005 million USD per person -41.3%
2002 0.0007 million USD per person +27.6%
2003 0.001 million USD per person +37.4%
2004 0.0015 million USD per person +56.5%
2005 0.0019 million USD per person +28.5%
2006 0.0023 million USD per person +17.4%
2007 0.0027 million USD per person +19.6%
2008 0.0029 million USD per person +6.7%
2009 0.002 million USD per person -30.7%
2010 0.0026 million USD per person +30.6%
2011 0.0031 million USD per person +19.8%
2012 0.0032 million USD per person +1.1%
2013 0.0036 million USD per person +12.5%
2014 0.0035 million USD per person -1.9%
2015 0.0033 million USD per person -6.6%
2016 0.0032 million USD per person -2.2%
2017 0.0032 million USD per person +0.0%
2018 0.0028 million USD per person -10.8%
2019 0.0024 million USD per person -16.0%
2020 0.0024 million USD per person -0.7%
2021 0.0027 million USD per person +15.4%
2022 0.0031 million USD per person +13.4%
2023 0.0042 million USD per person +34.1%
2024 0.0048 million USD per person +14.9%

Turkey compared with similar countries

  • Turkey's 0.0048 million USD per person is above the median for upper middle income countries, which is 0.0018 million USD per person, 2.7× the median. (54 countries reporting)
  • Turkey's 0.0048 million USD per person is below the median for Europe & Central Asia, which is 0.0056 million USD per person, 85% of the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0003 million USD per person 0.0001 million USD per person 0.0005 million USD per person 10
1980s 0.0004 million USD per person 0.0003 million USD per person 0.0006 million USD per person 10
1990s 0.0009 million USD per person 0.0007 million USD per person 0.0011 million USD per person 10
2000s 0.0016 million USD per person 0.0005 million USD per person 0.0029 million USD per person 10
2010s 0.0031 million USD per person 0.0024 million USD per person 0.0036 million USD per person 10
2020s 0.0034 million USD per person 0.0024 million USD per person 0.0048 million USD per person 5

Countries ranked near Turkey

  1. 59 Romania 0.0052 million USD per person compare
  2. 60 Turks and Caicos Islands 0.0051 million USD per person compare
  3. 61 Oman 0.0051 million USD per person compare
  4. 63 Maldives 0.0047 million USD per person compare
  5. 64 French Polynesia 0.0045 million USD per person compare
  6. 65 Saint Vincent and the Grenadines 0.0044 million USD per person compare

See the full ranking of 195 places →

More economy & growth data for Turkey

All data for Turkey →

Frequently asked questions

What is gross fixed capital formation — value us$, per capita in Turkey?
Gross fixed capital formation — value us$, per capita in Turkey was 0.0048 million USD per person in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, per capita recorded in Turkey?
The highest recorded value was 0.0048 million USD per person in 2024.
What is the lowest gross fixed capital formation — value us$, per capita recorded in Turkey?
The lowest recorded value was 0.0001 million USD per person in 1971.
How does Turkey rank for gross fixed capital formation — value us$, per capita?
Turkey ranks 62nd out of 194 countries with data for 2024.
Is gross fixed capital formation — value us$, per capita rising or falling in Turkey?
Over the last ten years it is up 37.2%. 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$, per capita. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, per capita in Turkey. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-per-capita/turkiye/

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How this figure is calculated

Gross Fixed Capital Formation — Value US$ divided by Population, total, 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$ ÷ Population, total

Computed from

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

Indicator
Gross Fixed Capital Formation — Value US$, per capita
Unit
million USD per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
195 places, 10,004 data points, 1970–2024
Last refreshed

Gross Fixed Capital Formation — Value US$ divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.