Turkey - Gross fixed capital formation

Gross fixed capital formation, private sector (current LCU)

The value for Gross fixed capital formation, private sector (current LCU) in Turkey was 5,982,097,000 as of 1997. As the graph below shows, over the past 10 years this indicator reached a maximum value of 5,982,097,000 in 1997 and a minimum value of 10,781,200 in 1987.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1987 10,781,200
1988 22,144,700
1989 34,408,900
1990 61,387,300
1991 99,826,200
1992 169,659,400
1993 364,896,200
1994 738,526,400
1995 1,545,796,000
1996 3,019,239,000
1997 5,982,097,000

Gross fixed capital formation, private sector (% of GDP)

Gross fixed capital formation, private sector (% of GDP) in Turkey was 20.75 as of 1997. Its highest value over the past 10 years was 20.75 in 1997, while its lowest value was 14.43 in 1987.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1987 14.43
1988 17.14
1989 15.14
1990 15.62
1991 15.84
1992 15.52
1993 18.41
1994 19.09
1995 19.91
1996 20.44
1997 20.75

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Turkey was $197,159,000,000 as of 2020. Over the past 52 years, the value for this indicator has fluctuated between $271,498,000,000 in 2013 and $2,044,647,000 in 1971.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1968 $2,077,778,000
1969 $2,322,222,000
1970 $2,260,870,000
1971 $2,044,647,000
1972 $3,194,346,000
1973 $4,035,336,000
1974 $5,263,158,000
1975 $7,194,294,000
1976 $9,219,460,000
1977 $11,276,520,000
1978 $11,090,520,000
1979 $13,923,480,000
1980 $10,937,950,000
1981 $10,749,060,000
1982 $9,757,433,000
1983 $9,100,184,000
1984 $8,635,868,000
1985 $10,262,020,000
1986 $12,977,270,000
1987 $21,572,270,000
1988 $23,719,690,000
1989 $24,431,960,000
1990 $34,459,370,000
1991 $35,540,950,000
1992 $36,439,910,000
1993 $45,987,860,000
1994 $31,965,740,000
1995 $40,397,930,000
1996 $45,533,210,000
1997 $50,153,870,000
1998 $64,719,810,000
1999 $50,970,190,000
2000 $60,926,390,000
2001 $36,214,960,000
2002 $46,788,580,000
2003 $65,051,860,000
2004 $102,947,000,000
2005 $133,718,000,000
2006 $158,599,000,000
2007 $190,009,000,000
2008 $205,340,000,000
2009 $144,329,000,000
2010 $191,416,000,000
2011 $232,707,000,000
2012 $238,265,000,000
2013 $271,498,000,000
2014 $269,909,000,000
2015 $255,445,000,000
2016 $253,152,000,000
2017 $256,472,000,000
2018 $230,915,000,000
2019 $196,950,000,000
2020 $197,159,000,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Turkey was 1,382,090,000,000 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 1,382,090,000,000 in 2020 and a minimum value of 18,700 in 1968.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1968 18,700
1969 20,900
1970 26,000
1971 30,500
1972 45,200
1973 57,100
1974 73,300
1975 103,900
1976 148,000
1977 203,000
1978 269,300
1979 432,700
1980 831,700
1981 1,195,500
1982 1,586,100
1983 2,051,700
1984 3,166,600
1985 5,356,600
1986 8,753,300
1987 18,491,100
1988 33,737,700
1989 51,836,800
1990 89,892,100
1991 149,272,000
1992 251,435,400
1993 505,866,500
1994 946,185,900
1995 1,850,225,000
1996 3,706,403,000
1997 7,618,372,000
1998 16,872,450,000
1999 21,346,320,000
2000 38,091,180,000
2001 44,385,050,000
2002 70,519,750,000
2003 97,636,340,000
2004 146,752,000,000
2005 179,663,000,000
2006 226,559,000,000
2007 247,563,000,000
2008 267,250,000,000
2009 223,711,000,000
2010 287,660,000,000
2011 389,784,000,000
2012 427,923,000,000
2013 516,877,000,000
2014 590,695,000,000
2015 694,811,000,000
2016 764,545,000,000
2017 935,635,000,000
2018 1,114,950,000,000
2019 1,117,450,000,000
2020 1,382,090,000,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Turkey was 264,773,000,000 as of 2020. Over the past 33 years, the value for this indicator has fluctuated between 282,634,000,000 in 2017 and 43,741,410,000 in 1988.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1987 44,201,810,000
1988 43,741,410,000
1989 44,703,080,000
1990 51,800,730,000
1991 52,433,710,000
1992 54,698,160,000
1993 68,303,500,000
1994 57,434,480,000
1995 64,118,100,000
1996 73,141,480,000
1997 83,992,810,000
1998 79,092,060,000
1999 67,672,830,000
2000 82,498,940,000
2001 60,216,050,000
2002 70,947,170,000
2003 84,706,800,000
2004 111,744,000,000
2005 133,611,000,000
2006 154,169,000,000
2007 162,644,000,000
2008 158,222,000,000
2009 125,699,000,000
2010 153,307,000,000
2011 189,603,000,000
2012 195,030,000,000
2013 222,810,000,000
2014 233,750,000,000
2015 255,445,000,000
2016 261,078,000,000
2017 282,634,000,000
2018 281,942,000,000
2019 246,886,000,000
2020 264,773,000,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Turkey was 7.25 as of 2020. As the graph below shows, over the past 32 years this indicator reached a maximum value of 31.92 in 2004 and a minimum value of -27.01 in 2001.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1988 -1.04
1989 2.20
1990 15.88
1991 1.22
1992 4.32
1993 24.87
1994 -15.91
1995 11.64
1996 14.07
1997 14.84
1998 -5.83
1999 -14.44
2000 21.91
2001 -27.01
2002 17.82
2003 19.39
2004 31.92
2005 19.57
2006 15.39
2007 5.50
2008 -2.72
2009 -20.56
2010 21.96
2011 23.68
2012 2.86
2013 14.24
2014 4.91
2015 9.28
2016 2.21
2017 8.26
2018 -0.24
2019 -12.43
2020 7.25

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Turkey was 471,226,000,000 as of 2020. As the graph below shows, over the past 33 years this indicator reached a maximum value of 503,013,000,000 in 2017 and a minimum value of 77,848,090,000 in 1988.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1987 78,667,470,000
1988 77,848,090,000
1989 79,559,610,000
1990 92,191,530,000
1991 93,318,080,000
1992 97,348,190,000
1993 121,562,000,000
1994 102,218,000,000
1995 114,113,000,000
1996 130,172,000,000
1997 149,485,000,000
1998 140,763,000,000
1999 120,440,000,000
2000 146,826,000,000
2001 107,169,000,000
2002 126,267,000,000
2003 150,756,000,000
2004 198,875,000,000
2005 237,792,000,000
2006 274,379,000,000
2007 289,462,000,000
2008 281,594,000,000
2009 223,711,000,000
2010 272,845,000,000
2011 337,443,000,000
2012 347,102,000,000
2013 396,542,000,000
2014 416,014,000,000
2015 454,624,000,000
2016 464,649,000,000
2017 503,013,000,000
2018 501,782,000,000
2019 439,391,000,000
2020 471,226,000,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Turkey was 27.38 as of 2020. Its highest value over the past 52 years was 29.86 in 2017, while its lowest value was 11.87 in 1968.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1968 11.87
1969 11.93
1970 13.23
1971 12.58
1972 15.63
1973 15.69
1974 14.78
1975 16.12
1976 17.98
1977 19.22
1978 17.02
1979 15.58
1980 15.90
1981 15.13
1982 15.12
1983 14.75
1984 14.40
1985 15.26
1986 17.14
1987 24.75
1988 26.11
1989 22.80
1990 22.87
1991 23.69
1992 23.00
1993 25.52
1994 24.46
1995 23.84
1996 25.09
1997 26.42
1998 23.45
1999 19.88
2000 22.21
2001 17.95
2002 19.47
2003 20.68
2004 25.18
2005 26.41
2006 28.47
2007 27.89
2008 26.65
2009 22.23
2010 24.64
2011 27.74
2012 27.06
2013 28.35
2014 28.75
2015 29.55
2016 29.11
2017 29.86
2018 29.66
2019 25.88
2020 27.38

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts