Turkey - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts