Turkey - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts