Turkey Gross Fixed Capital Formation
1998 - 2024 | Quarterly | USD mn | CEIC Data
Key information about Turkey Gross Fixed Capital Formation
- Turkey Gross Fixed Capital Formation was reported at 96.123 USD bn in Jun 2024.
- This records an increase from the previous number of 90.586 USD bn for Mar 2024.
- Turkey Gross Fixed Capital Formation data is updated quarterly, averaging 49.855 USD bn from Mar 1998 to Jun 2024, with 106 observations.
- The data reached an all-time high of 96.123 USD bn in Jun 2024 and a record low of 8.397 USD bn in Sep 2001.
- Turkey Gross Fixed Capital Formation data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Gross Fixed Capital Formation: USD: Quarterly.
CEIC converts quarterly Gross Fixed Capital Formation into USD. Turkish Statistical Institute provides Gross Fixed Capital Formation in local currency. The Central Bank of the Republic of Turkey average market exchange rate is used for currency conversions.
View Turkey's Gross Fixed Capital Formation from Mar 1998 to Jun 2024 in the chart:
What was Turkey's Gross Fixed Capital Formation in Jun 2024?
Turkey Gross Fixed Capital Formation was reported at 96.123 USD bn in Jun 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 96,123.186 Jun 2024 | 90,586.471 Mar 2024 | 8,397.493 Sep 2001 | 96,123.186 Jun 2024 | USD mn | quarterly | Mar 1998 - Jun 2024 |
Gross Fixed Capital Formation by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 1,533.333 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Algeria (USD mn) | 79,602.998 2023 | yearly | 1957 - 2023 |
| Argentina (USD mn) | 22,484.473 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Armenia (USD mn) | 1,128.055 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
| Australia (USD mn) | 107,624.654 Jun 2024 | quarterly | Sep 1959 - Jun 2024 |
| Austria (USD mn) | 31,028.176 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
| Azerbaijan (USD mn) | 2,409.000 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Bahrain (USD mn) | 9,667.798 2021 | yearly | 1975 - 2021 |
| Bangladesh (USD mn) | 140,807.342 2024 | yearly | 1980 - 2024 |
| Belarus (USD mn) | 4,146.239 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Belgium (USD mn) | 39,933.738 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Bolivia (USD mn) | 1,473.655 Mar 2024 | quarterly | Mar 1990 - Mar 2024 |
| Bosnia and Herzegovina (USD mn) | 6,367.905 2023 | yearly | 1995 - 2023 |
| Botswana (USD mn) | 1,398.337 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Brazil (USD mn) | 92,847.102 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Brunei (USD mn) | 1,288.579 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Bulgaria (USD mn) | 4,509.672 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Cambodia (USD mn) | 13,640.359 2022 | yearly | 1993 - 2022 |
| Canada (USD mn) | 123,826.926 Jun 2024 | quarterly | Mar 1957 - Jun 2024 |
| Chile (USD mn) | 18,058.544 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| China (USD mn) | 7,546,959.529 2022 | yearly | 1957 - 2022 |
| Colombia (USD mn) | 17,758.070 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Croatia (USD mn) | 4,852.157 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Cyprus (USD mn) | 1,790.527 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Czech Republic (USD mn) | 22,900.573 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Denmark (USD mn) | 22,785.075 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Ecuador (USD mn) | 5,355.479 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Egypt (USD mn) | 11,091.010 Dec 2023 | quarterly | Jun 2004 - Dec 2023 |
| Estonia (USD mn) | 2,641.824 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| European Union (USD mn) | 1,006,264.636 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Finland (USD mn) | 15,708.017 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| France (USD mn) | 178,416.580 Sep 2024 | quarterly | Mar 1957 - Sep 2024 |
| Georgia (USD mn) | 1,770.522 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Germany (USD mn) | 240,395.849 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ghana (USD mn) | 8,165.186 2023 | yearly | 2006 - 2023 |
| Greece (USD mn) | 8,668.985 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Hong Kong SAR, China (USD mn) | 16,168.665 Jun 2024 | quarterly | Mar 1973 - Jun 2024 |
| Hungary (USD mn) | 13,190.510 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Iceland (USD mn) | 2,127.116 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| India (USD mn) | 289,816.444 Jun 2024 | quarterly | Jun 1996 - Jun 2024 |
| Indonesia (USD mn) | 95,485.011 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Iran (USD mn) | 303,898.154 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Ireland (USD mn) | 9,766.509 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Israel (USD mn) | 27,504.058 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Italy (USD mn) | 121,557.506 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Ivory Coast (USD mn) | 20,069.728 2023 | yearly | 1960 - 2023 |
| Japan (USD mn) | 256,973.731 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Jordan (USD mn) | 8,462.516 2023 | yearly | 1963 - 2023 |
| Kazakhstan (USD mn) | 18,481.067 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Kenya (USD mn) | 21,229.734 2022 | yearly | 1964 - 2022 |
| South Korea (USD mn) | 142,352.154 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
| Kosovo (USD mn) | 663.515 Mar 2024 | quarterly | Mar 2010 - Mar 2024 |
| Kuwait (USD mn) | 29,731.557 2019 | yearly | 1963 - 2019 |
| Kyrgyzstan (USD mn) | 842.081 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Latvia (USD mn) | 2,393.548 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Lebanon (USD mn) | 7,910.272 2020 | yearly | 1997 - 2020 |
| Lithuania (USD mn) | 4,646.305 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Luxembourg (USD mn) | 3,800.886 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Macau SAR, China (USD mn) | 1,588.803 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| North Macedonia (USD mn) | 3,901.151 2023 | yearly | 1990 - 2023 |
| Malawi (USD mn) | 943.616 2019 | yearly | 1973 - 2019 |
| Malaysia (USD mn) | 21,349.382 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Malta (USD mn) | 1,069.851 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Mauritius (USD mn) | 1,076.603 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Mexico (USD mn) | 117,574.497 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Moldova (USD mn) | 858.902 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Mongolia (USD mn) | 1,238.917 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Montenegro (USD mn) | 430.385 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Morocco (USD mn) | 36,709.325 2023 | yearly | 1957 - 2023 |
| Mozambique (USD mn) | 3,242.242 2020 | yearly | 1991 - 2020 |
| Nepal (USD mn) | 10,485.258 2024 | yearly | 2001 - 2024 |
| Netherlands (USD mn) | 59,609.937 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
| New Zealand (USD mn) | 15,406.283 Jun 2024 | quarterly | Jun 1987 - Jun 2024 |
| Nigeria (USD mn) | 30,927.816 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Norway (USD mn) | 28,342.099 Jun 2024 | quarterly | Mar 1978 - Jun 2024 |
| Oman (USD mn) | 25,222.984 2022 | yearly | 1975 - 2022 |
| Pakistan (USD mn) | 42,851.142 2024 | yearly | 2000 - 2024 |
| Palestinian Territory (USD mn) | 686.800 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Panama (USD mn) | 26,894.290 2023 | yearly | 1996 - 2023 |
| Paraguay (USD mn) | 2,424.423 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Peru (USD mn) | 15,299.931 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Philippines (USD mn) | 31,192.798 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Poland (USD mn) | 34,048.204 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Portugal (USD mn) | 14,082.610 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Qatar (USD mn) | 72,289.950 2022 | yearly | 1994 - 2022 |
| Romania (USD mn) | 25,697.240 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Russia (USD mn) | 105,034.586 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Saudi Arabia (USD mn) | 78,944.295 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Serbia (USD mn) | 4,513.041 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Singapore (USD mn) | 28,777.209 Jun 2024 | quarterly | Mar 1975 - Jun 2024 |
| Slovakia (USD mn) | 6,720.073 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Slovenia (USD mn) | 3,706.073 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| South Africa (USD mn) | 14,479.906 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
| Spain (USD mn) | 83,462.541 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Sri Lanka (USD mn) | 3,457.087 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Sudan (USD mn) | 2,205.522 2023 | yearly | 1976 - 2023 |
| Sweden (USD mn) | 38,577.914 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Switzerland (USD mn) | 56,622.998 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Taiwan (USD mn) | 50,091.477 Jun 2024 | quarterly | Dec 1983 - Jun 2024 |
| Tajikistan (USD mn) | 3,396.759 2022 | yearly | 1993 - 2022 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doTurkey Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.6 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -2,884.122 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Tax Revenue (USD mn) | 21,536.668 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 18.8 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| National Government Debt (USD mn) | 254,513.1 2022 | yearly | 2001 - 2022 |
| Government Debt: % of GDP (%) | 26.1 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Forecast: Government Expenditure (TRY bn) | 40,421.476 2029 | yearly | 2000 - 2029 |
| Forecast: Government Net Debt (TRY bn) | 32,432.832 2029 | yearly | 2000 - 2029 |
| Forecast: Government Revenue (TRY bn) | 36,604.966 2029 | yearly | 2000 - 2029 |
| General Budget: Revenue (TRY mn) | 781,938.740 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| General Budget: Expenditure (TRY mn) | 982,904.000 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| General Budget: Cash Balance (TRY mn) | -200,965.260 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| General Budget: ytd: Revenue (TRY th) | 5,946,460,113.833 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 7,045,613,727.843 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: Revenue: Tax (TRY th) | 5,134,058,528.507 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 325,018,390.340 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 3,015,958,178.554 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: Balance (TRY th) | -1,099,153,614.010 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 1,759,446,434.812 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.230 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -8,483.7 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 0.9 May 2023 | monthly | Jan 2014 - May 2023 |
| Aluminum: Exports (USD th) | 3,832,265.952 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,290,644.710 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 651,764.672 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 6.5 May 2023 | monthly | Jan 2014 - May 2023 |
| Imports: Medicament (USD th) | 2,306,593.258 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,692,489.997 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,338.775 Aug 2024 | monthly | Apr 1964 - Aug 2024 |
| Total Imports from USA (USD mn) | 1,341.806 Aug 2024 | monthly | Apr 1964 - Aug 2024 |
| Total Exports to China (USD mn) | 290.803 Aug 2024 | monthly | Jan 2013 - Aug 2024 |
| Total Imports from China (USD mn) | 4,020.533 Aug 2024 | monthly | Sep 1992 - Aug 2024 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Natural Gas: Annual: Production (Cub m mn) | 851.970 2023 | yearly | 1976 - 2023 |
| Export Value Index (2015=100) | 149.169 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 127.060 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.7 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Household Debt: % of GDP (%) | 11.0 Mar 2024 | quarterly | Dec 2014 - Mar 2024 |
| Non-Performing Loans (USD mn) | 7,454.740 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
| Money Supply M1 (USD mn) | 175,051.629 Aug 2024 | monthly | Dec 1963 - Aug 2024 |
| Money Supply M2 (USD mn) | 478,365.263 Aug 2024 | monthly | Dec 1976 - Aug 2024 |
| M2 Growth (%) | 36.1 Aug 2024 | monthly | Dec 1977 - Aug 2024 |
| Reserve Requirement Ratio (%) | 8.0 Sep 2024 | monthly | Jan 2011 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 81,085.0 Sep 2024 | monthly | Apr 2000 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 6.544 Jun 2024 | quarterly | Jun 2000 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.0 Sep 2024 | monthly | Apr 2000 - Sep 2024 |
| Gold Reserves (USD mn) | 60,043.000 Aug 2024 | monthly | Dec 1956 - Aug 2024 |
| Total Deposits (USD mn) | 513,567.654 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
| Total Deposits Growth (%) | 35.0 Aug 2024 | monthly | Dec 2003 - Aug 2024 |
| Domestic Credit (USD mn) | 554,537.7 Aug 2024 | monthly | Jan 1986 - Aug 2024 |
| Domestic Credit Growth (%) | 40.9 Aug 2024 | monthly | Jan 1987 - Aug 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 31.400 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Credit to Households (USD bn) | 96.972 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 523.532 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Household Debt (USD mn) | 97,288.4 Aug 2024 | monthly | Jan 1986 - Aug 2024 |
| Total Loans (USD mn) | 352,000.542 Aug 2024 | monthly | Jan 1986 - Aug 2024 |
| Total Loans Growth (%) | 40.02 Aug 2024 | monthly | Jan 1987 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 30.57 Jun 2024 | quarterly | Dec 1998 - Jun 2024 |
| Money Supply: M3 (TRY th) | 17,671,932,550.000 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
| Consumer Loans: BS: Loan: Housing (TRY mn) | 456,695.444 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
| Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 1,801,524.502 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
| Consumer Loans: BS: Non Performing (TRY mn) | 44,128.499 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 1.687 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -3.1 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
| Composite Leading Indicator Index: Trend Restored (NA) | 392.590 Sep 2024 | monthly | Dec 1987 - Sep 2024 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 102.200 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 110.707 Oct 2024 | monthly | Jan 2011 - Oct 2024 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 86.328 Oct 2024 | monthly | Jan 2011 - Oct 2024 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 114.235 Oct 2024 | monthly | Jan 2011 - Oct 2024 |
More Indicators for Turkey
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.