Gross Fixed Capital Formation — Value US$ in Türkiye

Türkiye: Gross Fixed Capital Formation — Value US$ was 410,189 million USD in 2024. ◆ Volatile

Latest (2024)
410,189 million USD
Change on year
up 15.1%
World rank
14th
of 219 countries
All-time high
410,189 million USD
in 2024
All-time low
3,834 million USD
in 1971
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Türkiye, 1970–2024

0100.0k200.0k300.0k400.0k197019972024

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 14th of 219 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest 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

  1. 11 Russian Federation 471,135 million USD compare
  2. 12 Australia 464,153 million USD compare
  3. 13 Mexico 447,709 million USD compare
  4. 15 Indonesia 409,434 million USD compare
  5. 16 Brazil 371,217 million USD compare
  6. 17 Spain 340,538 million USD compare

See the full ranking of 251 places →

More economy & growth data for Türkiye

All data for Türkiye →

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$?
Türkiye ranks 14th out of 219 countries with data for 2024.
Is gross fixed capital formation — value us$ 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.

Download this data

CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).