Gross Fixed Capital Formation — Value US$, per square kilometre in Turkey
Turkey: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.4629 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.4629 million USD per square kilometre
Change on year
up 34.7%
World rank
56th
of 194 countries
All-time high
0.4629 million USD per square kilometre
in 2023
All-time low
0.005 million USD per square kilometre
in 1971
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, per square kilometre in Turkey, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, per square kilometre in Turkey stood at 0.4629 million USD per square kilometre. That is the highest value across all 54 years on record.
The figure is up 34.7% on the previous year and up 31.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Turkey peaked at 0.4629 million USD per square kilometre in 2023 and was at its lowest, 0.005 million USD per square kilometre, in 1971.
That places Turkey 56th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Turkey, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0057 million USD per square kilometre | — |
| 1971 | 0.005 million USD per square kilometre | -13.1% |
| 1972 | 0.0064 million USD per square kilometre | +29.0% |
| 1973 | 0.0084 million USD per square kilometre | +30.0% |
| 1974 | 0.0118 million USD per square kilometre | +41.8% |
| 1975 | 0.0157 million USD per square kilometre | +32.9% |
| 1976 | 0.021 million USD per square kilometre | +33.7% |
| 1977 | 0.0233 million USD per square kilometre | +10.8% |
| 1978 | 0.0212 million USD per square kilometre | -8.9% |
| 1979 | 0.0301 million USD per square kilometre | +41.9% |
| 1980 | 0.0187 million USD per square kilometre | -38.1% |
| 1981 | 0.0234 million USD per square kilometre | +25.5% |
| 1982 | 0.0212 million USD per square kilometre | -9.4% |
| 1983 | 0.0199 million USD per square kilometre | -6.2% |
| 1984 | 0.0194 million USD per square kilometre | -2.5% |
| 1985 | 0.025 million USD per square kilometre | +28.9% |
| 1986 | 0.0323 million USD per square kilometre | +28.9% |
| 1987 | 0.0368 million USD per square kilometre | +14.2% |
| 1988 | 0.0405 million USD per square kilometre | +10.0% |
| 1989 | 0.0417 million USD per square kilometre | +3.0% |
| 1990 | 0.0588 million USD per square kilometre | +41.0% |
| 1991 | 0.0615 million USD per square kilometre | +4.5% |
| 1992 | 0.0642 million USD per square kilometre | +4.5% |
| 1993 | 0.0817 million USD per square kilometre | +27.2% |
| 1994 | 0.0549 million USD per square kilometre | -32.8% |
| 1995 | 0.0689 million USD per square kilometre | +25.5% |
| 1996 | 0.0777 million USD per square kilometre | +12.8% |
| 1997 | 0.0857 million USD per square kilometre | +10.2% |
| 1998 | 0.0841 million USD per square kilometre | -1.8% |
| 1999 | 0.0662 million USD per square kilometre | -21.2% |
| 2000 | 0.0792 million USD per square kilometre | +19.5% |
| 2001 | 0.0471 million USD per square kilometre | -40.6% |
| 2002 | 0.0608 million USD per square kilometre | +29.2% |
| 2003 | 0.0845 million USD per square kilometre | +39.0% |
| 2004 | 0.1338 million USD per square kilometre | +58.2% |
| 2005 | 0.1737 million USD per square kilometre | +29.9% |
| 2006 | 0.2061 million USD per square kilometre | +18.6% |
| 2007 | 0.2469 million USD per square kilometre | +19.8% |
| 2008 | 0.2668 million USD per square kilometre | +8.1% |
| 2009 | 0.1875 million USD per square kilometre | -29.7% |
| 2010 | 0.2487 million USD per square kilometre | +32.6% |
| 2011 | 0.3024 million USD per square kilometre | +21.6% |
| 2012 | 0.3096 million USD per square kilometre | +2.4% |
| 2013 | 0.3528 million USD per square kilometre | +14.0% |
| 2014 | 0.3507 million USD per square kilometre | -0.6% |
| 2015 | 0.3319 million USD per square kilometre | -5.4% |
| 2016 | 0.3289 million USD per square kilometre | -0.9% |
| 2017 | 0.3332 million USD per square kilometre | +1.3% |
| 2018 | 0.3013 million USD per square kilometre | -9.6% |
| 2019 | 0.2569 million USD per square kilometre | -14.7% |
| 2020 | 0.2576 million USD per square kilometre | +0.3% |
| 2021 | 0.3001 million USD per square kilometre | +16.5% |
| 2022 | 0.3437 million USD per square kilometre | +14.5% |
| 2023 | 0.4629 million USD per square kilometre | +34.7% |
Turkey compared with similar countries
- Turkey's 0.4629 million USD per square kilometre is above the median for upper middle income countries, which is 0.126 million USD per square kilometre, 3.7× the median. (54 countries reporting)
- Turkey's 0.4629 million USD per square kilometre is above the median for Europe & Central Asia, which is 0.3249 million USD per square kilometre, 1.4× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0149 million USD per square kilometre | 0.005 million USD per square kilometre | 0.0301 million USD per square kilometre | 10 |
| 1980s | 0.0279 million USD per square kilometre | 0.0187 million USD per square kilometre | 0.0417 million USD per square kilometre | 10 |
| 1990s | 0.0704 million USD per square kilometre | 0.0549 million USD per square kilometre | 0.0857 million USD per square kilometre | 10 |
| 2000s | 0.1486 million USD per square kilometre | 0.0471 million USD per square kilometre | 0.2668 million USD per square kilometre | 10 |
| 2010s | 0.3116 million USD per square kilometre | 0.2487 million USD per square kilometre | 0.3528 million USD per square kilometre | 10 |
| 2020s | 0.3411 million USD per square kilometre | 0.2576 million USD per square kilometre | 0.4629 million USD per square kilometre | 4 |
Countries ranked near Turkey
- 53 Tuvalu 0.6077 million USD per square kilometre compare
- 54 Lebanon 0.55 million USD per square kilometre compare
- 55 Poland 0.4691 million USD per square kilometre compare
- 57 Jamaica 0.4275 million USD per square kilometre compare
- 58 Vietnam 0.4169 million USD per square kilometre compare
- 59 Romania 0.4118 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$, per square kilometre in Turkey?
- Gross fixed capital formation — value us$, per square kilometre in Turkey was 0.4629 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Turkey?
- The highest recorded value was 0.4629 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Turkey?
- The lowest recorded value was 0.005 million USD per square kilometre in 1971.
- How does Turkey rank for gross fixed capital formation — value us$, per square kilometre?
- Turkey ranks 56th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Turkey?
- Over the last ten years it is up 31.2%. 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$, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value US$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.