Gross Fixed Capital Formation — Value US$ in Türkiye
Türkiye: Gross Fixed Capital Formation — Value US$ was 410,189 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Türkiye, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$ in Türkiye is 410,189 million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 15.1% on the previous year and up 52.0% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Türkiye peaked at 410,189 million USD in 2024 and was at its lowest, 3,834 million USD, in 1971.
Türkiye ranks 17th 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$ in Türkiye, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 4,414 million USD | — |
| 1971 | 3,834 million USD | -13.1% |
| 1972 | 4,947 million USD | +29.0% |
| 1973 | 6,431 million USD | +30.0% |
| 1974 | 9,119 million USD | +41.8% |
| 1975 | 12,117 million USD | +32.9% |
| 1976 | 16,196 million USD | +33.7% |
| 1977 | 17,942 million USD | +10.8% |
| 1978 | 16,349 million USD | -8.9% |
| 1979 | 23,200 million USD | +41.9% |
| 1980 | 14,361 million USD | -38.1% |
| 1981 | 18,028 million USD | +25.5% |
| 1982 | 16,339 million USD | -9.4% |
| 1983 | 15,320 million USD | -6.2% |
| 1984 | 14,937 million USD | -2.5% |
| 1985 | 19,259 million USD | +28.9% |
| 1986 | 24,831 million USD | +28.9% |
| 1987 | 28,348 million USD | +14.2% |
| 1988 | 31,171 million USD | +10.0% |
| 1989 | 32,107 million USD | +3.0% |
| 1990 | 45,284 million USD | +41.0% |
| 1991 | 47,300 million USD | +4.5% |
| 1992 | 49,412 million USD | +4.5% |
| 1993 | 62,868 million USD | +27.2% |
| 1994 | 42,267 million USD | -32.8% |
| 1995 | 53,038 million USD | +25.5% |
| 1996 | 59,833 million USD | +12.8% |
| 1997 | 65,924 million USD | +10.2% |
| 1998 | 64,714 million USD | -1.8% |
| 1999 | 50,972 million USD | -21.2% |
| 2000 | 60,925 million USD | +19.5% |
| 2001 | 36,215 million USD | -40.6% |
| 2002 | 46,788 million USD | +29.2% |
| 2003 | 65,052 million USD | +39.0% |
| 2004 | 102,945 million USD | +58.2% |
| 2005 | 133,720 million USD | +29.9% |
| 2006 | 158,604 million USD | +18.6% |
| 2007 | 190,004 million USD | +19.8% |
| 2008 | 205,337 million USD | +8.1% |
| 2009 | 144,333 million USD | -29.7% |
| 2010 | 191,410 million USD | +32.6% |
| 2011 | 232,713 million USD | +21.6% |
| 2012 | 238,264 million USD | +2.4% |
| 2013 | 271,502 million USD | +14.0% |
| 2014 | 269,904 million USD | -0.6% |
| 2015 | 255,444 million USD | -5.4% |
| 2016 | 253,149 million USD | -0.9% |
| 2017 | 256,469 million USD | +1.3% |
| 2018 | 231,876 million USD | -9.6% |
| 2019 | 197,691 million USD | -14.7% |
| 2020 | 198,253 million USD | +0.3% |
| 2021 | 230,976 million USD | +16.5% |
| 2022 | 264,542 million USD | +14.5% |
| 2023 | 356,238 million USD | +34.7% |
| 2024 | 410,189 million USD | +15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11,455 million USD | 3,834 million USD | 23,200 million USD | 10 |
| 1980s | 21,470 million USD | 14,361 million USD | 32,107 million USD | 10 |
| 1990s | 54,161 million USD | 42,267 million USD | 65,924 million USD | 10 |
| 2000s | 114,392 million USD | 36,215 million USD | 205,337 million USD | 10 |
| 2010s | 239,842 million USD | 191,410 million USD | 271,502 million USD | 10 |
| 2020s | 292,040 million USD | 198,253 million USD | 410,189 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)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 58.49 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 14.68 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 53.2 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 10.85 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 18.33 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 3.18 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 3.18 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 59.13 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Türkiye?
- Gross fixed capital formation — value us$ in Türkiye was 410,189 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Türkiye?
- The highest recorded value was 410,189 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Türkiye?
- The lowest recorded value was 3,834 million USD in 1971.
- How does Türkiye rank for gross fixed capital formation — value us$?
- Türkiye ranks 17th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Türkiye?
- Over the last ten years it is up 52.0%. 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$. 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).