Türkiye's gross fixed capital formation (current LCU) was 19.28 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is up 2,629% from 706.5 billion in 2015 (39.19% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 19.28 trillion | 2025 |
| Five years earlier | 1.44 trillion | 2020 |
| Ten years earlier | 706.5 billion | 2015 |
| Highest | 19.28 trillion | 2025 |
| Lowest | 18,700 | 1968 |
| Average since 2016 | 5.44 trillion | 2016–2025 |
| First recorded | 18,700 |
What the numbers say
In 2025, Türkiye's gross fixed capital formation (current LCU) rose 38.1% on 2024 (from 13.96 trillion to 19.28 trillion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +42.5% and a typical year strayed about 40.7% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 173.4% in 1995 and the biggest yearly fall was 15.5% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 1.86 trillion a year. A straight line explains 75% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Türkiye had the 19th highest value of the 126 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Türkiye in the 2025 ranking
- Uganda — 16th of 126: 49.81 trillion
- Russian Federation — 17th of 126: 49.47 trillion
- Mongolia — 18th of 126: 25.2 trillion
- Hungary — 20th of 126: 19.1 trillion
- Madagascar — 21st of 126: 18.7 trillion
- Bangladesh — 22nd of 126: 15.74 trillion
What this measures
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 58 values
| Year | Gross fixed capital formation (current LCU) |
|---|---|
| 2025 | 19,278,949,699,160 |
| 2024 | 13,962,813,912,900 |
| 2023 | 8,906,058,278,700 |
| 2022 | 4,681,281,439,700 |
| 2021 | 2,110,611,630,800 |
| 2020 | 1,437,139,297,000 |
| 2019 | 1,164,911,465,000 |
| 2018 | 1,153,188,229,700 |
| 2017 | 953,649,009,200 |
| 2016 | 790,135,398,700 |
Gross fixed capital formation (current LCU) in nearby economies
- Albania — 643.3 billion (2025)
- Armenia — 2.42 trillion (2025)
- Austria — 120.65 billion (2025)
- Azerbaijan — 21.03 billion (2025)
- Belarus — 71.9 billion (2025)
- Belgium — 153.41 billion (2025)
- Bosnia and Herzegovina — 13.1 billion (2024)
- Bulgaria — 23.36 billion (2025)
- Croatia — 23.93 billion (2025)
- Cyprus — 7.31 billion (2025)
More economic policy & debt data for Türkiye
- Total reserves, including gold (current US$) — US$185.57 billion (2025)
- Total reserves, excluding gold (current US$) — US$71.62 billion (2025)
- General government final consumption expenditure (current US$) — US$221.44 billion (2025)
- General government final consumption expenditure (current LCU) — 8.74 trillion (2025)
- General government final consumption expenditure (% of GDP) — 13.86% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$873.8 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 34.48 trillion (2025)
- Households and NPISHs final consumption expenditure (% of GDP) — 54.71% (2025)
Reading data like this
Questions people ask
- What is Türkiye's gross fixed capital formation (current LCU)?
- 19.28 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1968?
- It is up 103.1 billion% from 18,700 in 1968 (43.92% a year on average, compounded). The highest value was 19.28 trillion in 2025 and the lowest 18,700 in 1968.
- How does Türkiye rank?
- 19th highest of 126 economies with data for 2025.
- Is the latest change in gross fixed capital formation (current LCU) unusual for Türkiye?
- In 2025, Türkiye's gross fixed capital formation (current LCU) rose 38.1% on 2024 (from 13.96 trillion to 19.28 trillion). Across the 30 yearly changes before that (1995 to 2024), the average change was +42.5% and a typical year strayed about 40.7% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.FTOT.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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